'Trump 2.0' looms large over the global economy

Quick Summary:

Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.

He's hopeful that inflation and interest rates can continue to come down around the world, but warns that "a lot of it will depend on what are the policies that get deployed, particularly from the US.

Those domestic struggles mean the Chinese government is "more welcoming" of foreign investment, according to Michael Hart, who is president of the American Chamber of Commerce in China.

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Article Details

Category: Business

Markets: United KingdomCanadaChinaFranceGermanyMexicoUkraine

Topics: Tariffs World Growth Inflation According China Year 2025 Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 01:29:15 (22 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1422 words

Reading Time: 8 minutes read

Sentences: 54 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24988351

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 4 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #43

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