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BUSINESS
Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS
UBS says wealthy Asian investors are moving away from the US dollar into gold, crypto, and Chinese assets, driven by volatility and trade tensions.
China criticizes US-UK trade deal, says it’s ‘basic principle’ not to target other countries: report
China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.
China’s Percentage Of U.S. Trade Plummets To Lowest Level In 22 Years
China’s percentage of U.S. trade hit 7.65% in March, the latest government data available, the lowest figure since 2003. That was before Trump’s April 2 “Liberation Day.” …
White House eased China tariffs after warnings of harm to ‘Trump’s people’
China’s $3.2 trillion in foreign currency reserves helped … given his unwillingness to endure sharp market slides and business slowdowns. That may mitigate the damage to the U.S. economy, but it …
US soybean exports may fall 20% without China trade deal, AgResource says
U.S. soybean exports may drop 20% and the prices paid to farmers will plunge if the United States and China fail to reach a deal in their trade dispute limiting U.S. soybeans from its largest…
Chinese FM responds to question on whether China will cancel export license requirements for rare earths, critical minerals
In response to another question on whether China will cancel export license requirements for rare earths or critical minerals, Chinese Foreign Ministry spokesperson Lin Jian also referred the specific question to the press release from…
A massive Trump tariff still exists on some of China’s cheapest exports
Shoppers got a little relief this week from a giant tariff on previously cheap, duty-free goods from China. But the tariffs that do remain are still poised to derail the shopping habits of millions of…
China/US Thaw Has Web3 World Talking
The Web3 world has plenty of opinions on the impact of the trade deal between China and the United States. See what Web3 executives have to say.
China, US slash sweeping tariffs in trade war climbdown
The United States and China slashed sweeping tariffs on each others’ goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global …
CATL’s $4 bln IPO offers trade truce reality check
The world’s biggest IPO this year excludes U.S. onshore investors. The decision reduces geopolitical risks that loom over Chinese battery maker Contemporary Amperex Technology’s $4 billion Hong Kong …
China, US to lift sweeping tariffs in trade war climbdown
The United States and China will lift sweeping tariffs on each others’ goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international …
CNA Explains: What’s next for US-China trade ties, after temporary tariff truce?
Negotiators from both sides have agreed to establish a dialogue mechanism for further talks, and US President Donald Trump says he will speak to his Chinese counterpart Xi Jinping soon.
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