Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump …
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Weapons to Iran: Trump threatens China with 50% tariff, then makes a crude offer
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Recent Posts
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
China Refuses to Do Business With Major U.S. Company Amid Tariffs
Tensions between the United States and China have been high in recent weeks as a result of a trade war between the two countries. And it sounds like one major U.S. company has been impacted.…
Hang Seng Index edges down in opening trades
The Hang Seng Index lost 42 points, or 0.19 percent, to open at 22,030 on Thursday. Mainland stocks opened lower, with the benchmark Shanghai …
End Of US-China Trade War? Trump Signals Softening Stance, Says Will Reduce Tariffs On Beijing ‘Substantially’
Speaking at a White House press briefing on Tuesday, Trump said the tariff rate, which has reached as high as 145 per cent, is “very high and it won’t be that high.” …
China’s fast-growing EV makers pursuing varied routes to global expansion
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with …
Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role
Semiconductor design firm Montage Technology is currently one of the world’s three main suppliers of connector chips to the DRAM market Chinese semiconductor company Montage Technology reported a …
Bessent Says U.S. Wants to Help China Pivot Away From Exports
The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary Scott Bessent said Wednesday. “China’s current economic model is built on …
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any signs of a thaw in the stalemate between the world’s two largest economies.
Dow surges over 400 points amid new Trump statements on China tariffs
Stocks surged for a second day as President Trump appeared to soften his stance over tariffs on imports from China. The President said he will strike a ‘fair deal’ with China. NBC News’ Peter Alexander…
The Beijing Strategy
As trade tensions between China and the United States continue to simmer, Beijing is quietly deploying a wide array of strategies to minimize the sting of American tariffs. While formal negotiations …
Bessent says IMF and World Bank need reform, says there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the …
Trump may slash China tariffs by 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.
