It is an honor to represent President Trump as the US Ambassador to China,” David Perdue wrote on X. “I am ready to get to work here and make America safer, stronger, and more prosperous.”…
BUSINESS
Jim Cramer Says ‘Sit Tight’ As China Tariff Pause Creates ‘Game Of Chicken’ That Could Steamroll Market Timers
CNBC’s Jim Cramer urges investors to grab the armrest, not the eject button, after Washington and Beijing agreed to slash punitive duties for 90 days on Monday. What Happened: “It’s better to stay in, …
Chinese imports to US plummet to lowest levels since pandemic amid Trump tariffs
U.S. sees record imports from Mexico and Vietnam as Chinese goods face 145% tariffs, marking a significant shift in trade patterns since the pandemic.
Why Selling Indie Movies To China, Rest Of Asia, Was A Tough Business Even Before Trump’s Tariffs
Uneven box office, strength of local films & the rise of short video are making it harder than ever to sell to Asia, but there are glimmers of hope.
China Pauses Rare Earths Exports Curbs Targeting US Entities
China will suspend export controls and sanctions called the unreliable entity list over US entities, which were announced in April, as part of the trade agreements made by the world’s two biggest …
Starbucks Is Said to Kick Off Process to Sell Stake in Sprawling China Business
Starbucks Corp. has contacted private equity firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to people familiar with …
Colorado businesses welcome détente with China, but still worry about the future
Gail Ross welcomes the 90-day pause on the 145% tariffs on goods from China. But the chief operating officer of a Boulder-based women’s apparel company worries about what comes after that.
Trump administration’s next wave of China AI chip export rules are yet another obstacle for Nvidia
President Donald Trump has continued to voice his desire for the U.S. to remain an AI leader while trying to keep top tech out of the hands of China.
From dishes to dresses, the household items most likely to come from China
If you’ve taken a “tariff tour” of your own home, then you already know how deeply you depend on goods from China.
Small China-linked company makes major purchase of Trump crypto: NYT
A tiny company with ties to China made a major purchase of Trump family’s cryptocurrency $TRUMP, according to the New York Times. Reporter David Yaffe-Bellany and Atlantic Staff Writer Ashley Parker …
Eight Sleep, Known For High-Tech Bedding, Expanding to China Ahead of Eventual IPO
Eight Sleep Inc., a startup known for its high-tech, temperature-controlled mattress covers and systems, released an expanded suite of products on Wednesday and said it’s preparing to enter China and …
China sports brand sparks outrage after diving queen Quan Hongchan sidelined in event photo
Chinese sportswear giant Li-Ning is facing a public backlash and a wave of product returns after young diving sensation Quan Hongchan was placed on the sidelines rather than at the centre of a recent …
Robotaxi Service Pony AI Stock Falls Despite IPO Buzz – Here’s Why
Pony AI Inc has confidentially filed for Hong Kong IPO to raise capital for expansion. Its stock surged and caught fire for the first time.
