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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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DiDi to Become Second-Largest Shareholder in NavInfo Subsidiary AutoAi

Chinese ride-hailing giant DiDi Global is set to become the second-largest shareholder of AutoAi, a subsidiary of state-backed mapping firm NavInfo. DiDi will exchange cash and its smart driving and cockpit unit for a 16.5% stake in AutoAi, while NavInfo will remain the largest shareholder with 27%. The deal, valued at 450 million yuan (approximately US$62 million), allows DiDi to significantly reduce its involvement in the highly competitive electric vehicle (EV) manufacturing sector.

Key Takeaways:

  1. Strategic Stake in AutoAi: DiDi Global will acquire a 16.5% stake in AutoAi, a subsidiary of NavInfo focused on intelligent cockpit technology, by contributing its smart driving unit and additional cash.

  2. Shift Away from EV Manufacturing: The move aligns with DiDi's strategy to pull back from the fiercely competitive EV market, following the sale of its EV development business to Xpeng in 2023.

  3. Valuation and Shareholding Structure: The deal values DiDi's subsidiary at 450 million yuan, solidifying NavInfo as the largest shareholder with 27%, while DiDi becomes the second-largest at 16.5%.

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