Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What Happened: Bessent,
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Crypto dips, China open to Tariff talks, Nvidia faces chip ban
Crypto dips, China open to Tariff talks, Nvidia faces chip ban FOMO HOUR EP338 BTC falls below 200D MA in bearish sign. BTC correlation to stocks nearly 0. BTC miners are main sellers amid higher…
Have China’s Local Governments Just Sold 15K Bitcoin Worth $1.35B? Here Are the Facts
Circulating reports suggesting local governments in China recently sold over $1 billion in Bitcoin might be misrepresenting facts. Recent rumors across crypto media have stirred fears that Chinese …
Chinese tea firm Chagee aims for $400mn New York IPO despite tariff war
a provider of IPO research. Chagee’s offering comes days after the Trump administration increased tariffs on Beijing to about 120 per cent amid a trade war that economists expect to hit global growth.
Why it’s nearly impossible for America to meet its rare-earth needs after China’s export restrictions
China has managed to hit the U.S. where it hurts the most in response to the Trump administration’s tariffs, with restrictions on global exports of certain rare-earth elements that the U.S. has little ability to…
Ford’s China business made $900 million last year
Ford Motor’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker’s top executives said Wednesday.
Dow Jones Today: Futures Slide as Nvidia, AMD Lead Chip Stocks Lower Amid Restrictions on Exports to China
Futures are pointing to a lower open for major indexes on Wednesday as chip stocks slide amid concerns about export restrictions to China.
America is turning away China’s goods. Where will they go instead?
Once turned away, where will China’s exports to America go instead? As supply chains adjust, firms will expand abroad to qualify for lower tariffs, as many did in Mr Trump’s first trade war. Less scrupulous…
China’s local authorities liquidate seized crypto to support public finances amid economic slowdown
Chinese local governments liquidate seized crypto assets to bolster public finances, navigating regulatory challenges amid digital crimes.
China’s Xi inks Vietnam deals as tariff war deepens; Trump says they’re trying to ‘screw’ US
China and Vietnam signed dozens of deals this week amid the U.S.’ global trade war in what President Donald Trump says is an attempt to “screw” Washington.
Nvidia Says U.S. Implements Chip Export Restrictions to China, Warns of $5.5 Billion Charge
The U.S. government ”indicated that the license requirement addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China,” Nvidia said.
TikTok vs Trump: Are Chinese factories telling the truth about luxury brands?
In recent weeks, dozens of videos have gone viral, showing Chinese factory workers and influencers claiming that many luxury goods from Louis Vuitton handbags to Lululemon leggings are manufactured in …
Stock Market Today: Tech Stocks Fall After U.S. Tightens Curbs on Nvidia’s China Exports
Trump’s tariffs continue to impact global markets and fuel a trade war with China. Follow along for live updates on the Dow, S&P 500 and Nasdaq.