During his presidential campaign in October 2024, Trump said in an interview with Bloomberg Editor-in-Chief John Micklethwait at the Chicago Economic Club: "To me, the most beautiful word in the dictionary is 'tariff'. It's my favorite word."
JinseFinanceTrump, Trump issued a memorandum of reciprocal trade and reciprocal tariffs (full text) Golden Finance, Comprehensive review of the non-reciprocal trade relations between the United States and all trading partners
JinseFinanceAnalyst Matt Britzman noted that history shows that trade war concerns sparked by tariff threats tend to come and go quickly.
JinseFinanceEarlier, US President Trump signed a tariff order to impose an additional 25% tariff on imports from Canada and Mexico, and a 10% tariff on energy resources from Canada.
JinseFinanceBefore the next rate cut, there won’t be too much negative macro news, but there won’t be a long-lasting rally, and the market will still be dominated by fluctuations. For investors, if they cannot profit from fluctuations, they should avoid the risks brought by fluctuations as soon as possible.
JinseFinanceAmerican politicians before Trump used to solve the US trade deficit problem with exchange rate policy. However, traditional exchange rate adjustment methods have failed in the process of solving the US trade deficit problem.
JinseFinanceHow did the U.S. federal government survive before 1913? Tariffs, excise taxes, and land sales. On October 31, 2024, Trump first proposed to consider replacing income tax with tariffs at a closed-door meeting with some Republican lawmakers on Capitol Hill.
JinseFinanceCanada’s 100% tariff on Chinese-made EVs starts October 1. Tesla had sought a lower rate like the EU's 9%, but the tariff affects all Chinese EVs, including Tesla's.
Huang BoThe EU has revised its tariff plan, reducing import duties on Tesla and other Chinese-made EVs. Tesla will benefit from a significant reduction, while the EU maintains its stance on countering unfair subsidies.
DanteAs the U.S. presidential election draws closer, many are curious to see the differences in opinion each candidate has regarding the China tariff war. Both President Biden and Donald Trump have issued blueprints to compete against China. While Donald Trump is going all in, President Biden is opting for a more targeted approach. Let us examine the different trade strategies and how they affect U.S. consumers.
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