Fitch boosts U.S., world forecast for 2024, expects slowing in 2025
Economy may have less to fear from Harris, given GOP's protectionist promises
A Chinese Foreign Ministry spokesperson urged Canada to 'not politicize economic and trade issues'
The tariffs are meant to keep Chinese EVs from getting a significant foothold in North America
Subdued consumer spending also contributed to the slow rebound
Imports also climb as trade with other Asian countries improves
Chinese markets have not shown much enthusiasm for the policies outlined in recent weeks
It's the biggest rate cut since the country was slammed by the Covid-19 pandemic in 2020
The country released a 50-page roadmap and cut key interest rates Monday
Progress against accelerating prices has been slowed by stickier-than-expected inflation for services