China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.
BUSINESS
Bitcoin Rises as US-China Trade Talks Spark Bullish Crypto Bets
Bitcoin rose alongside Asian stocks and a strengthening dollar after news that the US and China plan to hold trade talks.
“Eat like a bird but poop like a cow” – China expert on FX carry trade
Attorney General Pam Bondi details a DEA operation where 11.5 kilos of fentanyl, including approximately 3 million pills, were seized. For months, President Trump has taunted Canada by claiming it …
Trump’s team is finally meeting with China. The future of the global economy is riding on its success
Trump’s top trade officials will meet in Switzerland this week with China to discuss a de-escalation. The future of the global economy is riding on their success.
Tariffs force U.S. bicycle company to halt imports from China
Kent International, one of Walmart’s biggest bicycle suppliers, cancelled its new orders from China for April, and it doesn’t have any plans to place new orders in May.
Will China Drop Its Bitcoin Mining Ban Amid Trump’s Tariff Pressure?
The US has overtaken China in Bitcoin mining. Could China’s stance on digital assets shift as its influence wanes?
Arkansas to Appeal Ruling vs. Ban on Chinese Role in Crypto Mining
Governor Sarah Huckabee Sanders will be appealing a ruling that prevented the Arkansas from enforcing an anti-foreign influence law.
China’s economic rescue plan stalled by wariness over tariffs
NEW YORK] China is counting on its 1.4 billion consumers to help cushion the blow from US President Donald Trump’s tariffs. But that strategy is running into a wall of uncertainty, with millions of …
US has yet to launch trade negotiations with China, Treasury secretary says
The U.S. has not yet kicked off any trade negotiations with China, as both Washington and Beijing have slapped steep tariffs against each other’s imports.
AMD forecasts $1.5 billion revenue impact from US curbs on China chip exports
Advanced Micro Devices on Tuesday forecast it would suffer a $1.5 billion impact on its revenue this year due to new U.S. curbs on chips, which require it to obtain a license to ship advanced…
Chinese Imports Hit 2-Decade Low as Trump Tariffs Begin to Bite
While imports can swing with seasonal shifts, President Trump’s ratcheting up of U.S. tariffs on China has begun to cascade through supply chains, government data shows.
Here’s how AMD plans to withstand the deepening U.S.-China trade war
The chip maker expects “strong growth” this year despite the uncertain macroeconomic and regulatory environment.
AMD forecasts revenue above estimates, despite US curbs on China chip exports
Advanced Micro Devices forecast second-quarter revenue above Wall Street estimates on Tuesday, in part because of the global thirst for its artificial-intelligence chips even as trade tensions clouded …
