During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese imports, and a 25% tariff on Mexican imports. Read more: How do tariffs work, and who really pays them?
China's Vice-Premier Ding Xuexiang at the 55th annual World Economic Forum meeting in Davos, Switzerland, January 21, 2025. REUTERS/Yves Herman China does not pursue a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.
He says Malaysia may have border issues with neighbours, but still manages to cultivate good relations. Read more at straitstimes.com.
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told the World Economic Forum.
Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties.
China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,
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"I have always said that I feel like the world is a better place and the global economy is a better economy if the US and China can figure out how to coexist," Cisco CEO Chuck Robbins told Yahoo Finance at the World Economic Forum in Davos, Switzerland.
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum.
DAVOS, SWITZERLAND -- In addition to significant achievements in AI technology and industry, China has made positive contributions to the global governance of AI, said a senior official of the World Economic Forum (WEF).