Mexico, China and tariffs
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China’s exports returned to growth in November following an unexpected contraction the month before, although shipments to the United States dropped nearly 29% from a year earlier in an eighth straight month of double-digit declines.
Analysts see leadership’s language after central economic work conference as an admission that trade tensions are expected to endure.
What does the milestone mean for global trade, and is the data all good news for China? Lizzi C. Lee, a Fellow at the Center for China Analysis, Asia Society Policy Institute, Washington DC, explains.
China’s top leaders are signaling they are on alert for a potential flareup of tensions in global commerce as they draw up economic plans for next year, after amassing a record trade surplus despite the tariff war with the US.
U.S. Trade Representative Jamieson Greer said the deadline for China to buy 12 million metric tons of soybeans from American farmers is the end of the "growing season," not the end of the calendar year.
The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and inve
Indonesia is resisting US trade deal demands that it fears would restrain its independence, particularly in critical minerals and energy that risk its relations with China and Russia, according to people familiar with the situation.