US Edition‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
- China is implementing a $1.9 trillion manufacturing push, alarming global industries, while the U.S. Enhances its trade defenses with a 125% tariff on Chinese imports, according to President Donald Trump.
- Chinese exports surged by 13% in 2023 and 17% in 2024, while U.S. Exports fell to 11% of GDP, highlighting a growing trade deficit with China.
- Critics argue that new tariffs could provoke retaliation from China and increase consumer costs, while others push for subsidies to support American manufacturing, according to The New York Times.
10 Articles
10 Articles
Beyond China-US tariffs, officials warn of 'tsunami' of cheap Chinese goods
The United States and China imposed new, higher tariffs in a continuing trade dispute. China warned that no one wins in a tariff war, but long-term competition in global manufacturing is now at the forefront. China’s export growth and shift toward factory expansion have increased its share of global trade to 32%. U.S. officials remain wary of a potential flood of Chinese goods that could undercut American industries. Full Story The world’s two l…
‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
BEIJING — For decades, the world’s largest car factory was Volkswagen’s complex in Wolfsburg, Germany. But BYD, the Chinese electric carmaker, is building two factories in China, each capable of producing twice as many cars as Wolfsburg.
China amps up its factories threatening to crush US industry with new ‘tsunami’ of cheap products
In recent months, a growing chorus of concern has emerged over China’s aggressive ramp-up of industrial production, with analysts warning of a potential economic tidal wave that could overwhelm U.S. industries. Dubbed a “tsunami” of cheap products, this surge in exports has sparked debates about trade imbalances, domestic manufacturing, and the broader implications for American […]
China threatens to unleash a tsunami on the world to retaliate against tariff humiliation
China’s investments in factories have the potential to spur factory closings and layoffs worldwide, including here in the United States. “The tsunami is coming for everyone,” Katherine Tai, who previously served as former President Joe Biden’s trade representative, warned the New York Times. According to the Times, China has spent $1.9 trillion over the past four years building new factories and upgrading old factories with robots and automation…
China's Factory "Tsunami" Threatens To Swamp US Industry
A $1.9 trillion manufacturing push from China is rattling the global industry - and the United States is stepping up its defences. US President Donald Trump on Wednesday announced a steep 125 per cent tariff on all Chinese imports, calling it a necessary move to shield American manufacturers from an onslaught of cheap goods flooding in from China. The hike - up from the previously declared 104 per cent - comes as part of Trump's tariff strategy,…
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