China just fired back at the US with a massive round of tariffs, export bans, and legal action at the World Trade Organization (WTO).
BUSINESS
China slaps extra tariffs of up to 15% on imports of major US farm exports, including soy and beef
Imports of US grown chicken, wheat, corn, and cotton will face an extra 15% tariff, while the tariff on sorghum, soybeans, pork, beef, seafood, fruit, vegetables, and dairy products will be increased by 10%.
China Working Behind Closed Doors To Create Strategic Bitcoin Reserve, Says Bitcoiner Who ‘Orange Pilled’ Trump
David Bailey, a well-known Bitcoin (CRYPTO: BTC) advocate and CEO of Bitcoin Magazine, disclosed Sunday that China was holding confidential discussions to assess the creation of a strategic Bitcoin …
Crypto Market Erases All Gains as Canada, Mexico Tariffs Officially Kick In
The crypto market erased its $350 billion gain from Sunday following new U.S. tariff announcements. Leverage traders lost over $1 billion, with long positions suffering …
China Adds 15 American Companies to Export Control List
China’s Ministry of Commerce said it added 15 American companies to an export control list and expanded the number of U.S. firms on its “unreliable entity” list. Several U.S. defense technology companies were put on…
China slaps extra tariffs of up to 15 percent on imports of major US farm exports, including soy and beef
BEIJING (AP) — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.
China could restart import controls on coal as oversupply mounts
China maintained a cap on coal imports of about 300 million tons until 2022, but has blown past that level in the last couple of years.
China suspends beef imports from 7 firms in top supplier countries
China’s customs authorities suspended beef imports from seven companies in Brazil, Argentina, Uruguay and Mongolia on Monday amid record imports last year that led to an oversupply and heavy losses at farms.
China’s BYD raises $5.59 billion in share sale, Hong Kong’s largest in four years
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind…
China ‘firmly rejects’ additional U.S. tariffs, says it will implement countermeasures
China “firmly rejects” additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.
Diginex’s Post-IPO Rally Might Continue In The Future
Diginex Limited’s $9.225M IPO fuels ESG blockchain innovation, bolsters investor confidence, and taps into China’s booming ESG sector. Click for more on DGNX.
China’s BYD raises $5.95 billion in upsized share sale, term sheet shows
Chinese electric vehicle maker BYD has raised $5.95 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday.
China rumored to actively work on strategic Bitcoin reserve
China rumored to build a strategic Bitcoin reserve to align with de-dollarization efforts, amid evolving US crypto regulations.
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