Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any signs of a thaw in the stalemate between the world’s two largest economies.
Monthly Archives For April 2025
Dow surges over 400 points amid new Trump statements on China tariffs
Stocks surged for a second day as President Trump appeared to soften his stance over tariffs on imports from China. The President said he will strike a ‘fair deal’ with China. NBC News’ Peter Alexander…
The Beijing Strategy
As trade tensions between China and the United States continue to simmer, Beijing is quietly deploying a wide array of strategies to minimize the sting of American tariffs. While formal negotiations …
Bessent says IMF and World Bank need reform, says there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the …
Trump may slash China tariffs by 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.
Pittsburgh economist explains why Shein and Temu are raising prices due to Trump’s tariffs on China
The Trump administration’s tariffs mean items shipped from China will soon cost consumers much more, experts say.
U.S. Army soldier gets 7 years in jail for selling American military secrets to China
Ex-U.S. Army intelligence officer Korbein Schultz will spend the next 7 years in jail for allegedly selling American military secrets to Chinese officials and trying to recruit others.
Trump Dials Down Heat on China, Powell After Market Turmoil
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior editor Joe Sobczyk looks at the president’s shift in tone on China and the Federal Reserve.
Trump administration live updates: Trump signs executive orders focused on education; China says U.S. must stop ‘blackmailing’ on tariffs
Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at bringing a pause to the war in Ukraine.
Trump to Exempt Car Parts From Tariffs on China Imports, FT Says
The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the ire of global carmakers, according to the Financial Times.The proposal would exempt …
Imax CEO ‘Highly Confident’ That China’s Plan to Reduce US Film Releases Won’t Affect His Company
In Imax’s latest quarterly earnings call to investors, CEO Rich Gelfond fielded questions about the potential impact of China’s plan to reduce U.S. film releases in response to Donald Trump’s tariffs, …
Boeing CEO says trade uncertainty, China tensions not expected to affect aerospace giant’s rebound
Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions between the U.S. and trading partners like China.
ADVERTISEMENT
