China, Donald Trump and GDP growth
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China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.
External demand continues to support Chinese economic growth, as the first-half trade surplus surged to a new high of $586bn.
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ABP News on MSNNATO Chief Warns India, China And Brazil With '100% 'Secondary Tariff' Over Russia LinksHe urged India, China, and Brazil to pressure Putin for peace talks, as these tariffs could severely impact their economies.
China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.
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Australia is now less sensitive to China, but Chinese growth is likely to be enough to keep the iron ore price elevated.
China’s corporate earnings growth likely slowed or was stagnant in the second quarter as the US ratcheted up trade tariffs, signaling that the latest results season may not offer much in terms of good news for stock investors.
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CNET on MSNYour Next Car Might Cost More: Industry Insiders Explain Tariff-Driven Price Increases and How to Offset CostsExperts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, with potential leveling by 2027. Here's what you can do now if you're in the market to buy.