President Donald Trump considers terminating cooking oil trade with China in response to reduced soybean purchases that hurt American farmers.
Monthly Archives For October 2025
Polestar Closes Its Last Direct-Run Store in China Amid Strategic Business Shift
Swedish EV brand Polestar has closed its last direct-operated store in China, located at Shanghai’s Qiantan L+Plaza, according to Chinese media outlet
Bitcoin slips to $113,000 amid U.S.-China trade uncertainty: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin and ether as trade tensions between the U.S. and China escalate. Plus, BlackRock CEO Larry Fink says he expects tokenization to bring foreign …
Trump threatens to end cooking oil purchases from China
US PRESIDENT Donald Trump slammed China’s halt of American soybean purchases as an “economically hostile act,” warning on Tuesday that his country could in turn stop buying cooking oil from the …
Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender
China holds an unexpectedly strong hand in the trade war, and the U.S.’s tariffs have been counterintuitively positive for China.
Amid trade tensions, Trump threatens ban on cooking oil from China over soybean purchases
Soybeans were the number one U.S. agricultural export, worth about $24.5 billion and more than half of it was bought by China.
Trump’s tariffs on cabinets, furniture and lumber are live today, as trade tensions with China ramp up again
Concerns about U.S. trade policy are back in the spotlight after being overshadowed by the government shutdown and other matters.
Apple CEO Tim Cook Boosts Pop Mart Shares with Labubu Exhibition Visit Before iPhone Air Release
On 13 Oct 2025, Cook scores custom doll at Shanghai bash, igniting £25 surge & iPhone Air hype for 17 Oct pre-orders.
FirstFT: Scott Bessent accuses China of trying to hurt world’s economy
Also in today’s newsletter, criminal case opened against prominent Kremlin critics and Jay Powell signals support for rate cut …
IMF says China must shift growth to domestic demand, resolve property crisis
China must rebalance its economic growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, …
Wall Street mixed as U.S.-China trade tensions reignite, bank earnings move markets
U.S. stocks were mixed on Tuesday as the U.S.-China trade war intensified with the second-largest economy sanctioning five U.S. subsidiaries in South Korea, while investors turned focus to the latest …
Trump Treasury Secretary Rages at China for Retaliating to His Boss’ Threats
Scott Bessent accused Beijing of wanting “to pull everybody else down with them” after the country’s rare earth mineral announcement.
US tariffs on China on Nov 1 depend on Beijing’s actions, USTR Greer tells CNBC
U.S. Trade Representative Jamieson Greer said it’s up to China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but said it might be difficult for…
