Krugman: US Lost Trade War with China
Nobel laureate Paul Krugman tells MSNBC the U.S. has lost the trade war with China, risking its global reputation and technological edge for political gains.
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Nobel laureate Paul Krugman tells MSNBC the U.S. has lost the trade war with China, risking its global reputation and technological edge for political gains.
As APEC 2025 kicks off in South Korea, leaders face a clear choice: build shared prosperity through cooperation or let economic coercion fracture the Asia-Pacific future.
Brazilian farmers are offsetting Trump’s tariffs by boosting domestic demand and exploring new export markets, with producers in Pará leading the way.
U.S. President Trump slaps a 10% extra tariff on Canadian goods after Ontario’s World Series ad featuring Reagan sparks backlash, stirring trade tensions north of the border.
China warns that tariff or trade wars benefit no one, urging the US to resolve disputes through equality, respect and mutual benefit.
Chinese Ambassador Xie Feng calls on Washington to ditch ‘maximum pressure’, avoid a tariff war, and embrace dialogue for win-win cooperation.
Washington’s 100% tariff threat on the Chinese mainland vs. China’s rare earth controls sets the stage for a high-stakes trade clash with global impact.
New US fees on vessels from the Chinese mainland could spike shipping costs by $1 million–$1.5 million per transit, leaving US farmers to foot the bill.
China reaffirms its steady trade-war stance, defends rare earth export controls as legal safeguards for global supply chains, and welcomes US dialogue.
MOFCOM defends rare earth export controls, highlights global supply chain stability, and calls for dialogue amid US tariffs and port fees.