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Liaoning escalates emergency response as typhoon Gaemi moves northward

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      China

      China

      Liaoning escalates emergency response as typhoon Gaemi moves northward

      2024-07-27 15:31 Last Updated At:16:27

      As Typhoon Gaemi moves further inland and northward, accompanied by heavy rains, China's State Flood Control and Drought Relief Headquarters has escalated emergency responses in flood-prone provinces including Liaoning in the northeast.

      The typhoon, the third of the year, made its second landfall in Putian City of east China's Fujian Province Thursday evening.

      In Shenyang city, the provincial capital, persistent heavy rains have caused waterlogging on several roads, disrupting traffic in parts of the city. Local authorities have swiftly initiated drainage efforts to restore normal traffic flow.

      As of Friday afternoon, traffic conditions in Shenyang had significantly improved, though some sections still experienced waterlogging. To expedite drainage efforts, authorities have deployed 25 rubber dams at lower heights and activated 61 pump stations across the city.

      In Panjin city, 102 pump stations are currently operational, and personnel have been deployed to patrol and monitor the five underpasses in the city.

      "We have implemented comprehensive patrols and intensified monitoring at key locations, including low-lying road junctions, road sections and bridges," said Wang Bingren, deputy leader of the traffic police division of Panjin Public Security Bureau.

      Other departments in the province have also activated flood-response efforts. Maritime authorities have issued meteorological warnings and intensified patrols at ports, construction sites near water bodies, and water parks to alert crews about wind prevention measures.

      Liaoning escalates emergency response as typhoon Gaemi moves northward

      Liaoning escalates emergency response as typhoon Gaemi moves northward

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      US “reciprocal tariffs” to harm itself, incur countermeasures: experts

      2025-04-03 11:44 Last Updated At:12:27

      Amid growing concerns over the Trump administration's tariff policies, experts have warned that these measures could spark countermeasures from other countries and have serious consequences for the country's economy, including rising consumer prices, stock market volatility, and even a recession.

      Despite widespread opposition, U.S. President Donald Trump on Wednesday signed an executive order on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners.

      While Trump has long argued that tariffs would protect and create jobs in the country, economists widely believe that these policies could instead drive up unemployment and hurt consumers by pushing prices higher.

      "In terms of the idea that this is just going to raise a lot of money, it's not clear how that happens without it being at the the cost of the U.S. consumer and some producers as well. Prices are going to go up for everybody. There will be job losses, probably," said Katherine Schmeiser Lande, professor of economics at Mount Holyoke College, in an interview with China Central Television (CCTV) recently.

      Experts also noted that as the U.S. enforces its tariff measures, other nations are likely to respond with countermeasures, and this could hit U.S. exports, particularly farm products like soybeans, which heavily rely on foreign markets.

      Ultimately, they warned, such policies could harm U.S. farmers and businesses.

      "It might lower the price for U.S. consumers, but we can't necessarily absorb all that excess. So this could be really problematic for farmers, and it could lead to a situation where they actually need government subsidies, which is a whole other issue," said Lande.

      The stock market has already reacted sharply to tariff-related uncertainty.

      In March, the indexes of Nasdaq and Standard and Poor 500 fell 8.21 percent and 5.75 percent, respectively, their worst monthly declines since December 2022.

      Economists warn of further volatility as trade tensions continue to weigh on investor confidence.

      Meanwhile, Goldman Sachs recently released a report stating that as U.S. tariff policies disrupt global trade and financial markets, the likelihood of a recession in the U.S. within the next 12 months has risen to 35 percent.

      Since protectionism is at the heart of Trump's foreign policy, Malgorzata Bonikowska, president of the Center for International Relations in Poland, stressed that Europe will not bow to U.S. pressure, believing that the continent will respond firmly to its aggressive tariff measures.

      "European Union does not want any trade war. We support World Trade Organization. We support multilateralism. So we don't like this approach of Trump administration and we regret. But if Trump pushes us, then we will look around. We have to do trade with other partners as well. So, it's not only the U.S. which is our trade and investment partner. We regret, but we definitely will not be weak in this regard," she said in another recent CCTV interview.

      US “reciprocal tariffs” to harm itself, incur countermeasures: experts

      US “reciprocal tariffs” to harm itself, incur countermeasures: experts

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