The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give American companies a more even playing field.

American buyers rushed to stockpile Chinese goods before Donald Trump returns to the White House with a threat to impose tariffs of between 10 and 60 percent.

China will use a broad range of stimulus measures to offset the effects of expected US tariffs and a persisting housing downturn, according to Goldman Sachs Group Inc.

China’s trade surplus with all nations reached a new record of nearly $1 trillion in 2024, according to multiple reports.

Trump has vowed to impose tariffs of as high as 60% on China, as well as lesser ones with the US’ biggest trade partners, threats that could upend global trade and economic growth. A harsher US tariffs regime could push China to seek stronger ties with developing nations: A new study by the Boston Consulting Group suggests that Beijing’s trade with the Global South — home to 62% of the world’s population — could surpass $1.