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31.01.26 - 13:18
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As US influence wanes, the Chinese trade surplus strangles manufacturing across the globe (The Guardian)
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Trump's wounding of the US economy offers Beijing an unparalleled opportunity – if it dials back its overbearing trade tacticsWhen the Canadian prime minister, Mark Carney, took to the podium at the World Economic Forum in Davos last week to lament how “great economic powers” were dismantling the international order, it seemed clear that he was talking about the United States. He might have been talking about China as well.Not a week earlier, Beijing had revealed that China's trade surplus ballooned by 20% in 2025, to $1.2tn. Despite Donald Trump's wall of tariffs that crashed Chinese sales to the US, its overall exports expanded more than 5%. Sales to the 11 countries in Asia's Asean bloc increased more than 13%. Exports to the European Union rose over 8%. Chinese imports, by contrast, were flat. Continue reading......
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31.01.26 - 12:01
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5 questions facing Trump′s Fed pick Kevin Warsh (The Hill)
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President Trump announced Friday his intention to nominate Kevin Warsh to chair the Federal Reserve Board, ending months of speculation about his plans for the bank. Warsh's experience on the Fed board and Wall Street, close political ties to Republicans and reputation as an independent thinker make it likely he will be confirmed by the......
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31.01.26 - 11:12
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Will corporate America finally stand up to the Trump administration? (The Guardian)
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The brutal handling of immigration raids and the killing of Alex Pretti have tested the reticence of the corporate classDuring Donald Trump's first term, the US's corporate titans were prepared to literally turn their backs on the president when they disagreed with them. Weeks of growing national anger over deadly immigration crackdowns in the US have highlighted how much has changed.Publicly, the US's top CEOs have stayed – mostly – quiet during Trump's second term, even as his administration has undermined free trade policies, cracked down on the immigration that many businesses relied on, and attacked the Federal Reserve – a pillar of the US's financial hegemony. Continue reading......
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