Years of strife ruined the energy sector, battered the currency and strangled growth. The West must ease financial controls to help the economy, experts say.
The incoming president promised “tariffs all the way” unless Europe bought more U.S. oil and gas. European officials have no clear strategy for avoiding a trade war.
General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
The north benefited from the global search for alternatives to Chinese manufacturing. No one knows whether a second Trump term will impede or accelerate that growth.
BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.
Beijing ordered companies around the world not to allow critical minerals mined in China to reach the U.S., while deepening its efforts to replace imports with domestic products.
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.
New rules significantly expand restrictions on selling China chip technology, but critics say they also contain carve-outs that are favorable to industry.
The president-elect’s opening salvo in trade and border talks with the United States’ neighbors is casting a harsh light on the North American alliance.
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.