In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand

Hình ảnh hiện tại không có văn bản thay thế. Tên tập tin là: xi-and-trump.jpg

Published: April 11, 2025 7.12pm BST, The Conversation

Author Linggong Kong Ph.D. Candidate in Political Science, Auburn University

Disclosure statement

Linggong Kong does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Partners

Auburn University provides funding as a member of The Conversation US.

View all partners

CC BY ND

We believe in the free flow of information

Republish our articles for free, online or in print, under Creative Commons licence.

___________

When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China.

While the rest of the world would be given a 90-day reprieve on additional duties beyond the new 10% tariffs on all U.S. trade partners, China would feel the squeeze even more. On April 9, 2025, Trump raised the tariff on Chinese goods to 125% – bringing the total U.S. tariff on some Chinese imports to 145%.

The move, in Trump’s telling, was prompted by Beijing’s “lack of respect for global markets.” But the U.S. president may well have been smarting from Beijing’s apparent willingness to confront U.S. tariffs head on.

Tiếp tục đọc “In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand”

Tổng Bí thư, Chủ tịch nước Trung Quốc Tập Cận Bình thăm cấp Nhà nước tới VN từ ngày 14/4 – Những câu chuyện đặc biệt của Chủ tịch Trung Quốc Tập Cận Bình với Việt Nam

Tổng Bí thư, Chủ tịch nước Trung Quốc Tập Cận Bình thăm cấp Nhà nước tới Việt Nam từ ngày 14/4

11/04/2025 | 09:22

TPO – Nhận lời mời của Tổng Bí thư Tô Lâm, Chủ tịch nước Lương Cường, Tổng Bí thư, Chủ tịch nước Trung Quốc Tập Cận Bình sẽ thăm cấp Nhà nước tới Việt Nam từ ngày 14 đến 15/4, Bộ Ngoại giao thông báo.

Chuyến thăm diễn ra vào thời điểm Việt Nam và Trung Quốc kỷ niệm 75 năm thiết lập quan hệ ngoại giao (18/1/1950 – 18/1/2025).

Tiếp tục đọc “Tổng Bí thư, Chủ tịch nước Trung Quốc Tập Cận Bình thăm cấp Nhà nước tới VN từ ngày 14/4 – Những câu chuyện đặc biệt của Chủ tịch Trung Quốc Tập Cận Bình với Việt Nam”

No, that’s not what a trade deficit means – and that’s not how you calculate other nations’ tariffs

Authors

  1. Peter DraperProfessor, and Executive Director: Institute for International Trade, and Jean Monnet Chair of Trade and Environment, University of Adelaide
  2. Vutha HingLecturer in International Trade, University of Adelaide

Disclosure statement

Peter Draper receives funding from the European External Action Service and Australian Department of Foreign Affairs and Trade, for project-specific work connected to trade policies. He is affiliated with the Australian Services Roundtable (Board Member); the International Chamber of Commerce (Research Foundation Director); European Centre for International Political Economy (non-resident Fellow); German Institute for Development and Sustainability (non-resident Research Fellow); and Friends of Multilateralism Group (member).

Vutha Hing receives funding from Economic Research Institute for ASEAN and East Asia. He is affiliated with Trade Policy Advisory Board, Royal Government of Cambodia.

Tiếp tục đọc “No, that’s not what a trade deficit means – and that’s not how you calculate other nations’ tariffs”

The trade deficit isn’t an emergency – it’s a sign of America’s strength

Published: April 7, 2025 1.46pm BST

Author

  1. Tarek Alexander HassanProfessor of Economics, Boston University

Disclosure statement

Tarek Alexander Hassan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Partners

Boston University provides funding as a founding partner of The Conversation US.

View all partners

CC BY ND

We believe in the free flow of information

Republish our articles for free, online or in print, under Creative Commons licence.

When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive order released the same day, the White House said the move was necessary to address “the national emergency posed by the large and persistent trade deficit.”

trade deficit – when a country imports more than it exports – is often viewed as a problem. And yes, the U.S. trade deficit is both large and persistent. Yet, as an economist who has taught international finance at Boston University, the University of Chicago and Harvard, I maintain that far from a national emergency, this persistent deficit is actually a sign of America’s financial and technological dominance.

Tiếp tục đọc “The trade deficit isn’t an emergency – it’s a sign of America’s strength”

Trade deficit v. budget deficit

The Conversation

Global Edition | 8 April 202

The reaction of the markets came amid mounting criticism against the tariff hikes, with increasing numbers of economists and analysts offering insights into why Trump’s obsession with trade deficits is wrong.

The purported logic of the tariffs is that they’re designed to reduce the trade deficits America has with its trading partners. But, as Professor of Economics at Boston University Tarek Alexander Hassan explains,Trump’s frenzied attacks on the trade deficit show he’s misreading a sign of American economic strength as a weakness. If he really wants to eliminate the trade deficit, he should turn his attention to reining in the federal budget deficit.

What about the formula the Trump administration used to calculate what tariffs to impose? Peter Draper and Vutha Hing at Adelaide University argue that it’s detached from the rigours of trade economics. The formula assumes every trade deficit is a result of other countries’ unfair trade practices. And that’s simply not the case.

Caroline Southey Founding Editor

Ông Trump ký sắc lệnh áp thuế đối ứng với hàng chục nền kinh tế

VNExpress

Ngày 2/4, Tổng thống Mỹ Donald Trump công bố mức thuế nhập khẩu với hàng chục nền kinh tế, trong đó Việt Nam chịu mức 46%.

Tại sự kiện, Tổng thống Mỹ cũng mang theo tấm bảng ghi mức thuế áp dụng với từng nền kinh tế. Trong đó, Anh, Brazil, Singapore sẽ chịu 10% thuế. Liên minh châu Âu, Malaysia, Nhật Bản, Hàn Quốc, Ấn Độ chịu 20-26%. Trung Quốc và Việt Nam nằm trong nhóm các nước bị áp mức thuế cao nhất, lần lượt là 34% và 46%.

Khoảng nửa giờ sau khi cầm chiếc bảng công bố mức thuế đối ứng với từng đối tác thương mại, Tổng thống Trump ký sắc lệnh áp thuế.

Tiếp tục đọc “Ông Trump ký sắc lệnh áp thuế đối ứng với hàng chục nền kinh tế”

Mother Jones Daily: Tomorrow, the “liberating” finally begins

March 31, 2025
Are you ready to be liberated?Donald Trump’s ingenious plan to escalate his global trade war is set to start tomorrow, which the president vows will lay the groundwork for a golden era for the US economy. What the hell does that mean?

In the simplest terms, “Liberation Day” will impose significant tariff increases on all imports, while forcing companies to relocate supply chains to the US. That’s because, in Trump’s mind, foreign countries have “really abused us” for decades.

That, of course, is false; even the Wall Street Journal labeled Trump’s punitive tariffs as “the dumbest trade war in history.” Tiếp tục đọc “Mother Jones Daily: Tomorrow, the “liberating” finally begins”
March 31, 2025
Are you ready to be liberated?Donald Trump’s ingenious plan to escalate his global trade war is set to start tomorrow, which the president vows will lay the groundwork for a golden era for the US economy. What the hell does that mean?

In the simplest terms, “Liberation Day” will impose significant tariff increases on all imports, while forcing companies to relocate supply chains to the US. That’s because, in Trump’s mind, foreign countries have “really abused us” for decades.

That, of course, is false; even the Wall Street Journal labeled Trump’s punitive tariffs as “the dumbest trade war in history.” Tiếp tục đọc “Mother Jones Daily: Tomorrow, the “liberating” finally begins”

It’s the world’s hottest car company. You can’t buy one in America

By John Liu and Hassan Tayir, CNN

 7 minute read 

Published 9:27 PM EDT, Wed March 26, 2025

BYD's logo is seen at a showroom in Warsaw, Poland on March 22, 2025.

BYD’s logo is seen at a showroom in Warsaw, Poland on March 22, 2025. Stringer/NurPhoto/Getty ImagesHong KongCNN — 

In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started.

BYD, the Shenzhen-based Chinese EV champion, eclipsed Tesla in annual sales last year. Last week, it unveiled a revolutionary battery charging technology that it says adds 250 miles of range in five minutes, outpacing Tesla’s Superchargers, which take 15 minutes to add 200 miles. And last month, BYD launched “God’s Eye,” an advanced driver-assistance system rivaling Tesla’s Full Self-Driving feature, at no extra cost for most of its cars.

Tiếp tục đọc “It’s the world’s hottest car company. You can’t buy one in America”

How the climate crisis fuels gender inequality

The climate crisis may be a collective problem, but its impacts do not fall equally. Women and girls often bear the heaviest burdens.

November 30, 2023

Editor’s note

This story is part of As Equals, CNN’s ongoing series on gender inequality. For information about how As Equals is funded and more, check out our FAQ.

Climate change acts as a threat multiplier, finding existing injustices and amplifying them. Women and girls already grapple with gender inequality, but when extreme weather devastates a community, the UN found that inequalities worsen: Intimate partner violence spikes, girls are pulled from school, daughters are married early, and women and girls forced from their homes face a higher risk of sexual exploitation and trafficking.

“When we look at who’s affected worse, who’s on the frontlines of the climate crisis, it’s primarily women — women in poor and vulnerable countries,” Selwin Hart, UN Special Adviser to the Secretary-General on Climate Action and Just Transition, told CNN. “And unfortunately, our policies or strategies are really not geared to address this challenge.”

To explore the complex links between gender and climate change, CNN worked with seven women photojournalists who spent time with women and girls in seven countries across the Global South to document the challenges they face.

This visual project gives a snapshot of the myriad ways the human-induced climate crisis is upending their lives, but also shows how they are fighting back. Every image shows both struggle and survival, the battle to live a decent life in a swiftly changing climate.

Girls’ education in Nigeria

The Center for Girls’ Education runs a series of programs in Nigeria to help girls stay in school. One in every five of the world’s children who are out of school is in Nigeria, according to UNICEF, and it is girls who are impacted the most.

Photographs by Taiwo Aina for CNN

More than 10 million children between 5 and 14 years old are absent from classrooms across Nigeria, according to UNICEF. For girls, the statistics are even bleaker: In states in the northeast and northwest of the country, fewer than half attend school.

This education crisis is the result of a tangle of factors, including poverty, geography and gender discrimination, the UN agency adds. But against the backdrop of these individual factors is the broader context of the climate crisis.

Nigeria is growing hotter and dryer, and extreme weather such as flash floods and landslides are becoming fiercer and more frequent. Climate disasters can make schools inaccessible and classrooms unsafe. Communities struggling to cope with extreme weather sometimes turn to their children to help or to earn extra money to support the family. And girls, whose attendance at school is already discouraged in some communities, are often most affected.

For every additional year the average girl attends school, her country’s resilience to climate disasters can be expected to improve by 3.2 points on an index that measures vulnerability to climate-related disasters, according to estimates from the Brookings Institution.

There are efforts to support girls’ education and equip them with the resources to cope with a fast-changing climate. The Center for Girls’ Education in the northern Nigerian city of Zaria runs programs to help girls stay in school and offers training on how to cope with the impacts of extreme weather.

“I feel when we give the girls education on climate change, how to mitigate it, it will go a long way in helping the girls in how to support themselves in times of difficulties, and even help them prepare for it,” said Habiba Mohammed, director of the Center for Girls’ Education.

Asiya Sa’idu, 17

Tiếp tục đọc “How the climate crisis fuels gender inequality”

US – One nation, under God

February 26, 2025, New York Times newsletter

Good morning. We’re covering a new report about religion in America.

A woman kneels in prayer on a red carpeted floor, inside a small chapel with wood paneling on the walls.
In Cumberland, Md. Maggie Shannon for The New York Times

One nation, under God

By Lauren Jackson – I’m working on a project about belief.

As religion in America declined, experts administered last rites.

Churches were approaching “their twilight hour” as attendance fell, The Brookings Institution wrote in 2011. In his 2023 book, “Losing Our Religion,” the evangelical preacher Russell Moore asked: “Can American Christianity survive?

The answer appears to be yes. People have stopped leaving churches en masse, according to a new study released this morning by Pew Research. America’s secularization is on pause for now, likely because of the pandemic and the country’s stubborn spirituality. Most Americans — 92 percent of adults — say they hold one or more spiritual beliefs that Pew asked about:

Tiếp tục đọc “US – One nation, under God”

Chi tiết bộ máy các cơ quan Quốc hội và gương mặt mới của Ủy ban Thường vụ Quốc hội

Dưới đây là chi tiết các nhân sự Ủy ban Thường vụ Quốc hội, các cơ quan Quốc hội nhiệm kỳ khóa XV sau kiện toàn.

Chi tiết kiện toàn nhân sự Ủy ban Thường vụ Quốc hội, các cơ quan của Quốc hội - Ảnh 1.
Ảnh ghép: NGỌC THÀNH

Ngày 18-2, Quốc hội đã thông qua nghị quyết về việc tổ chức các cơ quan của Quốc hội và nghị quyết của Quốc hội về số thành viên của Ủy ban Thường vụ Quốc hội khóa XV (sửa đổi), kiện toàn nhân sự.

Tiếp tục đọc “Chi tiết bộ máy các cơ quan Quốc hội và gương mặt mới của Ủy ban Thường vụ Quốc hội”

Trump’s tariffs are a $1.4 trillion gamble with the economy and prices

Analysis by Matt Egan, CNN

 5 minute read 

Updated 9:02 AM EST, Sun February 2, 2025

New York CNN — 

President Donald Trump is on the verge of hitting America’s three biggest trading partners with sweeping tariffs, a far more aggressive use of his favorite economic weapon than anything he did during his first term.

The looming import taxes on Mexico, Canada and China will be a major test of Trump’s unorthodox use of tariffs, which he’s described as “the greatest thing ever invented.”

It’s an enormous gamble, arguably a bigger one than any economic policy Trump enacted during his four-plus years in the White House. And this strategy has the potential to upend the thing many voters care about the most: the economy and the cost of living.

But Trump’s tariffs pose a big risk: They could backfire, lifting already-high consumer prices at the grocery store, rocking the shaky stock market or killing jobs in a full-blown trade war.

Tiếp tục đọc “Trump’s tariffs are a $1.4 trillion gamble with the economy and prices”

Inside 45 hours of chaos: The brief life and quick death of Trump’s federal spending freeze

Jeremy Herb
Phil Mattingly
Jeff Zeleny

   

By Jeremy HerbPhil MattinglyJeff Zeleny and Alayna Treene, CNN

 8 minute read 

Published 6:17 PM EST, Wed January 29, 2025

The White House.

The White House. POOLWashingtonCNN — 

The Trump administration’s biggest swing at radically reshaping federal spending lasted just under 45 hours.

sweeping freeze on trillions in federal spending for grants and loans, issued Monday night by the White House budget office to federal agencies without fanfare, sparked outrage and confusion – even among fellow Republicans. The impact touched all corners of the country, with state Medicaid funding portals briefly shuttered and programs like Meals on Wheels and Head Start scrambling to figure out if they were about to lose their funding.

Tiếp tục đọc “Inside 45 hours of chaos: The brief life and quick death of Trump’s federal spending freeze”

DeepSeek is giving the world a window into Chinese censorship and information control

Analysis by Simone McCarthy, CNN

 7 minute read 

Published 9:19 PM EST, Wed January 29, 2025

This photo illustration shows the DeepSeek app on a mobile phone in Beijing this month.

This photo illustration shows the DeepSeek app on a mobile phone in Beijing this month. Greg Baker/AFP/Getty ImagesHong KongCNN — 

Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI chatbot, which sparked a global tech sell-off that wiped billions off Silicon Valley’s biggest companies and shattered assumptions of America’s dominance of the tech race.

But those signing up for the chatbot and its open-source technology are being confronted with the Chinese Communist Party’s brand of censorship and information control.

Ask DeepSeek’s newest AI model, unveiled last week, to do things like explain who is winning the AI race, summarize the latest executive orders from the White House or tell a joke and a user will get similar answers to the ones spewed out by American-made rivals OpenAI’s GPT-4, Meta’s Llama or Google’s Gemini.

Tiếp tục đọc “DeepSeek is giving the world a window into Chinese censorship and information control”