China, Trump
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Analysts are looking to Treasury Secretary Scott Bessent’s planned meeting with Vice Premier He Lifeng in Malaysia this week for assurances that a leader-level meeting is still on track and to keep tariffs from hitting triple-digit levels in November.
U.S. chemical companies are likely to post another quarter of subdued earnings as tariffs, weak industrial demand and Chinese overcapacity squeeze margins and sentiment across the sector. Major producers including LyondellBasell,
China has reported that its economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand.
An interview with a 26-year-old entrepreneur, who has taken seven trips to China to buy handbags, clothes and jewelry. “China is the center of everything,” she said.
Trade tensions between the US and China have flared up again. TD Epoch's Kevin Hebner explains why this ongoing dispute isn’t just about trade, but a strategic contest.
Earlier this month, President Trump threatened to impose an additional 100% tariff on imports from China starting next month.