Hu Xuan

1 week ago | caixinglobal.com | Lu Chen |Wang Jing |Hou Wuting |Hu Xuan

Explore the story in 3 minutesThe week witnessed significant upheaval in global trade due to President Trump's abrupt tariff actions, which threatened established trade rules and created economic turmoil [para. 1]. Initially, the U.S. implemented "reciprocal tariffs" on April 9 with a 10% baseline rate and higher rates on 64 countries, including a 104% levy on China [para. 2].

1 week ago | caixinglobal.com | Lu Chen |Wang Jing |Hou Wuting |Hu Xuan

A tumultuous week for global trade saw established rules pushed to the brink by President Trump’s tariff actions and abrupt policy reversals, shaking markets and alarming America’s trading partners. After announcing sweeping tariffs on April 2, the Trump administration implemented its “reciprocal tariff” system on April 9. The policy applied a 10% global baseline, but imposed higher rates — up to 46% — on 64 countries, with China facing a 104% levy.

1 week ago | caixinglobal.com | Wang Jing |Hou Wuting |Hu Xuan

从美东时间4月2日美国总统特朗普宣布向所有贸易伙伴征收“对等关税”，到4月9日宣布暂停大部分“对等关税”，是震撼贸易世界的七天。七天之间，特朗普信誉扫地，图穷匕见；全球金融和大宗商品市场经历大地震；而世界贸易体系似再也难以回到从前。 From April 2, when U.S. President Donald Trump announced the imposition of "reciprocal tariffs" on all trade partners, to April 9, when he declared a pause on most of these tariffs, the trade world experienced a seismic seven days.

2 weeks ago | caixinglobal.com | Tang Ailin |Wang Kerou |Huang Yanhao |Hu Xuan

3月27日，湖北人胡亮又一次来到曼德勒（Mandalay）。他原计划在此待一个星期，处理完手头上的生意就回国。胡亮是一位40多岁的翡翠商人，往返于云南瑞丽和缅甸曼德勒两地已有十多年时间。 On March 27, Hu Liang from Hubei Province visited Mandalay once again. He planned to stay for a week, intending to return to China after completing his business affairs. Hu Liang, a jade merchant in his 40s, has been traveling between Ruili in Yunnan and Mandalay, Myanmar, for over a decade.

2 months ago | caixinglobal.com | Zeng Jia |Wang Jing |Lu Chen |Hu Xuan

Explore the story in 3 minutesDonald Trump was inaugurated as the 47th President of the United States on January 20, marking a historic moment as he became the first President since Grover Cleveland to serve two non-consecutive terms. At 78, Trump also became the oldest President to assume office. He began his second term amid nationwide protests but with higher public approval ratings and a strengthened Republican base compared to his first term. [para.