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Trumps 2024 Tariff Policy Draws Attention from S&P Global Ratings: Dual Risks of Inflation and Credit Rating

2024-11-14

The latest report of S&P Global Ratings expresses concerns about the tariff policy proposed by former US President Donald Trump during his 2024 campaign, pointing out that high tariffs may trigger inflation and affect the US credit rating. The report predicts that the implementation of the tariff policy may have a negative impact on the US economy, including an increase in the consumer price index, a drag on GDP, and an intensification of global trade tensions.

China, together with Azerbaijan and Kazakhstan, jointly builds a new logistics center in the Caspian Sea to promote the Belt and Road Initiative.

2024-11-14

China, Azerbaijan, and Kazakhstan have signed an agreement to jointly build a new logistics center at Baku Port on the Caspian Sea, marking another significant advancement in regional cooperation under the Belt and Road Initiative. The new center will enhance the efficiency of trans-Caspian trade routes, promote economic development in Central Asia and the Caucasus region, and strengthen regional economic integration.

The US Government Orders TSMC to Stop Exporting High - end AI Chips to China

2024-11-13

The U.S. government has ordered TSMC to cease exporting high-end AI chips to China starting November 2024, implementing rapid export controls via notification letters. This directly impacts Chinas semiconductor and AI industries, intensifying Sino-U.S. tech competition, with profound implications for global tech landscapes and international trade relations.

[Review of the Grand Occasion of the 7th China International Import Expo] New Directions for Chinas Import and Export Trade

2024-11-12

The 7th CIIE Concludes Successfully with Record-Breaking Scale, Showcasing Global Companies Confidence in Chinas Economy. The article provides a detailed analysis of the current state of import and export trade, new trade trends, and adjustment directions and strategies, emphasizing the appeal of Chinas mega-sized market and the importance of global trade cooperation.

Russian Wine Imports Plummet by 33%, Tariff Policy Affects Market Dynamics

2024-11-11

In the first 10 months of 2024, Russian wine imports plummeted by 33%, mainly due to the imposition of tariffs on “hostile countries”. The Russian government plans to increase tariffs from 25% to 50% to support the local industry. At the same time, Russian wine exports increased by 20%, and Georgias market position rose. The tariff policy affects global trade, and wine-producing countries need to adjust their strategies.

Research and Countermeasures on the Impact of Technical Barriers to Trade on Shanghais Export Trade

2024-11-07

This article deeply analyzes the impact of technical trade measures on Shanghais export trade, provides detailed data analysis and policy recommendations. Corresponding countermeasures and suggestions are put forward to enhance the international competitiveness of enterprises.

The EU Considers Launching an Anti - subsidy Investigation into Chinas Wind Power Industry

2024-11-07

The EU is seriously considering launching an anti - subsidy investigation into Chinas wind power industry. The concern behind this action is that cheap Chinese wind turbines may pose a threat to European local enterprises. The news that the EU is considering launching an anti - subsidy investigation into Chinas wind power industry once again highlights the competition and tensions in the global green technology market.

If Trump wins the election in 2024, how will the high - tariff policy affect the global economy?

2024-11-07

Donald Trump won the 2024 US presidential election and promised to implement a high - tariff policy, which has a significant impact on US domestic consumption and the global economy. Research by the National Retail Federation of the United States shows that the implementation of tariffs could cause US consumers to lose up to $78 billion in purchasing power annually, affecting holiday sales. In addition, high tariffs may trigger a Sino - US trade war, shrinking the global GDP and increasing economic pressure on various countries. The US agricultural sector also faces losses of billions or even tens of billions of dollars.

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