The rally was triggered in part by remarks that Treasury Secretary Scott Bessent delivered at a closed-door investor summit hosted by J.P. Morgan in Washington, D.C. As first reported by Bloomberg, …
Monthly Archives For April 2025
EVs in the Spotlight as China Claims a Leading Global Role at Shanghai’s Auto Show
Leading automakers will be showcasing their latest designed-for-China models at the Shanghai auto show this week …
Killer of Japanese schoolboy executed
A Chinese man convicted of fatally stabbing a 10-year-old Japanese schoolboy in Shenzhen, southern China, in September has been executed, a diplomatic source said.
President Trump says tariffs on China will ‘come down substantially’
President Trump said 145% tariffs on Chinese imports will “come down substantially” as his administration expressed optimism about a trade deal.
Trump eases tensions, says China tariffs will be ‘nowhere near’ 145%
President Donald Trump moved to ease investor concerns over escalating trade tensions, stating today that the proposed tariff on Chinese imports “won’t be anywhere near” the 145% figure previously …
Beijing Vows Retaliation Against US Trading Partners’ Deals ‘at the Expense of China’s Interests’
China is sending a message to countries that are cutting trade deals with the United States—stop or face retaliatory measures.
‘I’ve had 100 operations and will never stop’ – inside China’s cosmetic surgery boom
Face-scanning apps, social media influencers and toxic beauty standards are fuelling China’s cosmetic surgery boom.
Brazil’s Lula Says He Doesn’t Want to Choose Between China and US in Trade Fight
Brazil’s Luiz Inacio Lula da Silva has no desire to choose between the US and China as an escalating trade fight between the planet’s two largest economies pushes nations like his own to pick a…
Kevin O’Leary Says Trade War With China Is Like This 1 Dangerous Game
Canadian businessman Kevin O’Leary once again called on President Donald Trump to hit China with an aggressive 400% tariff, while downplaying the economic conflict between Trump and Chinese President …
Bitcoin crosses $91,000 as stocks pop on hopes of easing trade tensions: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin crosses $91,000 on hopes that U.S.-China trade tensions could ease soon. Plus, Paul Atkins, President Trump’s pro-crypto SEC chair pick, was sworn in …
Treasury Secretary Bessent says tariff standoff with China is unsustainable, expects de-escalation
US Treasury Secretary Scott Bessent said that the tariff standoff with China can’t last and that he thinks things will calm down.
Government COVID information websites redirect to ‘Lab Leak: The True Origins of Covid-19’
Covid.gov and covidtests.gov were established during the COVID-19 pandemic as resources for the public to order tests and find information on the virus. Now, both websites redirect to a webpage at the …
Trump’s restrictions on Nvidia’s China sales may not be enough to contain Beijing’s AI ambitions
The U.S.’s policy goals may not be coherent, while China’s own chip efforts and distributed AI training grow more capable.