Tag Archives: Imports
U.S Dollar Falls on Tariff Pause
Markets Await Trump’s Moves The dollar fell sharply on Monday after an official from the incoming U.S. administration indicated that President-elect Donald Trump would not impose new trade tariffs on his first day in office. This announcement eased fears of an immediate tariff blitz. (U.S Dollar Index Daily Chart, Source: Trading View) Trump, who is […]
China’s Trade Surges Amid Global Challenges
Exports Drive Recovery as Trade Risks Loom Although the import sector in China also rebounded, December saw a renewed vigor in export trade, albeit with the possible reasons being rushed shipments by factories in expectation of increased trade tensions under the Trump administration. According to customs data released on Monday, outbound shipments increased 10.7% year-on-year […]