Latest news with #Eurasia Group
CNA
2 days ago
- Business
- CNA
David Boling on political uncertainty in Japan and US-Japan trade deal
Japanese Prime Minister Shigeru Ishiba has denied resignation rumours after an electoral blow, as US President Donald Trump announces a "massive" trade deal with Japan. CNA's Angela Lim speaks with David Boling, Director of Japan & Asian Trade at Eurasia Group.
Yahoo
15-07-2025
- Business
- Yahoo
China growth slows as trade turmoil weighs on economy
China's economy has slowed as trade turmoil triggered by US President Donald Trump's tariffs and a prolonged crisis in the property market weigh on growth. Official figures show the world's second largest economy grew by 5.2% in the three months to the end of June, compared to the same time last year. That's down from 5.4% in the previous quarter. But the country has so far avoided a sharp downturn, partly due to measures announced by Beijing to help support the economy and a fragile tariffs truce with Washington. Trump has given China until 12 August to reach a long-term trade deal with the US to end a tit-for-tat trade war that saw their tariffs on each other soar to more than 100%. Some economists expect China to miss its "around 5%" annual growth target this year. "The real question is by how much. We believe it will defend a floor of 4%, which remains the minimum politically acceptable level," Dan Wang, director for China at consultancy Eurasia Group told the BBC. A tariffs war between China's President Xi Jinping and Trump led to the US imposing a 145% levy on Chinese imports. In return, Beijing introduced a 125% duty on some US goods. Washington has also hit countries with close economic ties to China with heavy levies. Sign in to access your portfolio
CBC
14-07-2025
- Business
- CBC
Trump pivots almost '180 degrees' on Ukraine after Putin 'embarrassed him': Bremmer
As U.S. President Donald Trump threatens Russia with 100 per cent secondary tariffs and says the U.S. will allow European allies to buy Patriot missile defence systems for Ukraine, Eurasia Group president Ian Bremmer argues Trump has changed his stance on the war more than any other aspect of his foreign policy.
