China’s Commerce Ministry called Trump’s latest threat “a mistake on top of a mistake,” prompting Treasury Secretary Scott Bessent to clap back.
Monthly Archives For April 2025
Beijing calls Vance ‘ignorant’ over ‘Chinese peasants’ remark
China has called US Vice-President JD Vance “ignorant and impolite” for saying that America had been borrowing money from “Chinese peasants”. The sharp rhetoric comes as US President Donald Trump’s …
China is not backing down from Trump’s tariff war. What next?
“It would be a mistake to think that China will back off and remove tariffs unilaterally,” says Alfredo Montufar-Helu, a senior advisor to the China Center at The Conference Board think tank. “Not …
The latest on Trump’s presidency as China vows to fight new tariff threat
President Donald Trump threatened to add new tariffs on China if Beijing doesn’t remove its retaliatory duties by today. Follow live news updates as countries and the stock market react to Trump’s …
Markets may be calmer after tariff turmoil, but a political trade war is only just beginning
Global stocks on Tuesday clawed back a fraction of their enormous recent losses, but mutual and escalating threats between the U.S. and China stand to get worse.
Beijing vows to ‘fight to the end’ as Trump threatens 50% more tariffs
In response to Trump’s threat of an additional 50% in tariffs, China vowed to “fight to the end” while stepping in to stabilise its stock markets following a sharp plunge. Broader markets rebounded on …
Crypto Daybook Americas: Bitcoin’s Haven Claim Hit as U.S., China Face Off Over Tariffs
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised advertising and content, advertising and content …
Limited options push China into trade ‘war of attrition’ with Trump
Beijing, feeling boxed into a corner by the United States’ intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
China Vows to ‘Fight to the End’ in Tit-for-Tat Trade War With Trump
“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective …
Treasury Secretary Bessent says China’s escalation was ‘big mistake,’ country playing with ‘losing hand’
Treasury Secretary Scott Bessent said Tuesday the U.S. holds a substantial advantage over China as the two nations exchange threats in a burgeoning trade war. “I think it was a big mistake, this Chinese escalation,
Citi cuts China GDP growth forecast to 4.2% from 4.7% for 2025
Citi cut China’s GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks. Citi said in a note that high tariffs could drag China’s growth further by at least 1.5 percentage points…
China’s ‘Fight to the End’ Response to US Tariffs May Be Just What Crypto Needs To Revive
China vows to fight U.S. tariffs to the end, and its retaliatory strategy could be bullish for crypto. The central bank is devaluing the yuan …
Arthur Hayes Says China’s Tariff Response Could Drive Capital Into Crypto – Here’s Why
Arthur Hayes predicts China’s yuan devaluation amid escalating U.S.-China trade tensions could drive capital into Bitcoin and crypto.
