Beijing says it could introduce “countermeasures” if the US President imposes an an additional 100% tariff on Chinese imports.
FINANCE
Minnesota farmers struggle to stay afloat as China boycotts U.S. soybeans
Farm bankruptcies were already on the rise when President Trump’s trade war added to the financial pressures on America’s soybean farmers. Now, the world’s largest soybean consumer, China, has stopped …
China Tells US to Back Off on Threats, Warns of Retaliation
President Donald Trump on Friday announced an additional 100% tariff on China as well as export controls on “any and all critical software” beginning Nov. 1, hours after threatening to cancel an …
China’s Central Bank Fuels Gold’s Record Surge with 11-Month Buying Streak
China’s central bank drives gold past $4,000/oz with 11-month buying streak. Amid U.S. shutdown and inflation fears, gold surges as investors seek stability and safe-haven returns.
China’s rare earth controls can ‘forbid any country on Earth from participating in the modern economy,’ former White House advisor warns
“We should not miss the fundamental point on rare earths: China has crafted a policy that gives it the power to forbid any country on Earth from participating in the modern economy,” Dean Ball, who…
Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking healthy’
“This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world.” …
China’s markets under threat from risk of renewed US trade war
Tariff headline’ and new tech restrictions likely to ‘spook sentiment right out of the gate’ on Monday, analyst says.
New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
Now, Trump’s Friday announcement, which includes plans to increase tariffs on China to 130% and impose U.S. software export controls next month, comes as a “surprise,” Slok said on Saturday. The …
Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’
“This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world.” …
US Markets Plunge as Trump Unleashes New Tariffs on China, Reigniting Trade War Fears
US financial markets took a sharp hit on Friday following President Donald Trump’s announcement of sweeping new trade measures against China. The move, which includes a 100% tariff on Chinese imports …
$6 billion wiped out in one hour as Trump’s 130% tariff on China sparks global crypto meltdown
Global cryptocurrency markets faced a brutal sell-off after former U.S. President Donald Trump announced a 130% tariff on Chinese goods, sending shockwaves through financial markets. In just one hour, …
Trump hits China with retaliatory tariffs in trade war escalation
U.S. President Donald Trump on Friday said he was lifting tariffs on Chinese exports to the U.S. to 100% and imposing export controls on “any and all critical software” in a reprisal to recently …
Trump sends the market tumbling with new threat of Chinese tariffs over its mineral deals
Stocks had been dropping all day after Trump announced a ‘massive increase of Tariffs on Chinese products,’ to counter the country’s new export controls on rare earth minerals …
