Tag: US-China Trade Relations
Top Stocks Hit by Trump’s Tariffs: GM, Chipotle, Canada Goose
President Donald Trump's recent executive order on tariffs has sent shockwaves through the U.S. stock market, causing major fluctuations in various industries. As tensions rise with key trade partners like China, Canada, and Mexico,...
China’s Auto Stocks Surge Despite U.S. Proposal to Ban Chinese Car Parts
Chinese Auto Stocks Surge Despite U.S. Proposal to Ban Chinese Car PartsIn a surprising turn of events, Chinese automakers saw a surge in their stocks on Tuesday, despite a recent proposal by the U.S....
PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications
The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous day's fix of 7.1316. This decision comes amidst ongoing trade...