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The US-China trade deal leaves the tariff in the impact: what’s next? Last week, a trade agreement was signed by US President Trump and Commerce Secretary Howard Lutnik. However, the details of the agreement were limited, enhancing concerns about the effectiveness of the deal and whether the two sides will stick to the terms. While…
“China’s part in global manufacturing is now larger than the joint part of the US, Japan, Germany and South Korea.” Efforts by the US to block China’s efforts to avoid tariffs can stress global supply chains. Waning supply from China may be higher in prices as other economies take time to fill the difference. Nick…
However, discussion can be difficult for European leaders, which face China’s growing dominance in EV and AI regions and pressurize them to diversify trade dependence. The desperation of Europe needs to find an option for America that can play firmly in China’s hands. Daniel Romero underlined China’s EV capacity at Hypertachinwest, They said, “As an…