Tag: Trade
Lowering Power Costs in China’s Factory Heartland: Support for Exporters
China's industrial heartland, particularly the southern province of Guangdong, is making efforts to lower electricity prices to support struggling exporters and shift economic challenges to power plants. Negotiations for new annual contracts are underway,...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...
Robert Lighthizer Appointed to Lead US Trade Policy Under Donald Trump
Robert Lighthizer has been appointed to lead US trade policy under President Donald Trump. This decision comes at a crucial time for the country's trade relations with other nations. Lighthizer, a seasoned trade negotiator,...