China Stimulus Will Offset Trump Tariffs, Goldman’s Hatzius Says
China will use a broad range of stimulus measures to offset the effects of expected US tariffs and a persisting housing downturn, according to Goldman Sachs Group Inc.
Trump tariffs will probably be 20% on most Chinese imports, not 60%: Goldman Sachs
Despite US president-elect’s vow of high duties across the board, firm’s chief economist forecasts only key goods will face 60% rate.
Trump's tariffs on most Chinese goods expected to be 20%, not 60%, says Goldman Sachs
Goldman Sachs Chief Economist Jan Hatzius has said that US President-elect Donald Trump is expected to impose 20% tariffs on most Chinese goods and 60% tariffs would only be reserved for certain goods
China’s Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
China’s economy is more dependent on exports than it has been for most of the past two decades, leaving it vulnerable to a new broadside on trade from President-elect Donald Trump. Chinese exports to the rest of the world grew 5.
BNP Paribas: Trump tariffs against China could fall flat; possible upside surprise
BNP Paribas Asset Management's Chi Lo see a possible upside surprise despite Trump's tariffs threats, noting that China managed to increase export share despite tariffs during Trump 1.0. He predicts the Yuan to weaken to 7.
China's record trade surplus as tariffs loom under Trump
The Chinese economy concluded 2024 with a record trade surplus nearing one trillion dollars. In December alone, China's exports amounted to approximately $336 billion, and its trade surplus was $100 billion,
Goldman Sees ‘Modest Drag’ on US Jobs From California Wildfires
Deadly wildfires in Los Angeles County will likely result in only a “modest drag” on US jobs growth, even as the blazes shape ...
Goldman’s top economist doubts Trump can make good on campaign promises
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts ...
The Edge Singapore9h
Rolling US tariffs would be ‘problematic’ for Fed: UBS
Goldman Sachs Group is predicting underlying US inflation of around 2% — very close to the Fed’s target, chief economist ...
Gold Price Forecast: XAU/USD buyers refuse to give up as focus shifts to US inflation data
Gold price is back on the bids in Asian trading on Tuesday, having found fresh buyers near the $2,660 region. Gold buyers try ...
Swissinfo5h
Dollar Slips, Futures Rise on Tariff Report: Markets Wrap
Equity futures in Europe and the US signaled gains amid a report that members of President-elect Donald Trump’s economic team discussed a gradual approach to ramping up tariffs.
The Edge Singapore6h
Copper extends rally as US dollar weakens on Trump tariff report
Copper extended this year’s rally on a report the incoming Trump administration will slowly ramp up trade tariffs rather than ...
Rolling US tariffs would be ‘problematic’ for Fed, UBS says
Sydney - A decision by US President-elect Donald Trump to ramp up tariffs gradually once he takes office would be ...