Canadian businessman Kevin O’Leary once again called on President Donald Trump to hit China with an aggressive 400% tariff, while downplaying the economic conflict between Trump and Chinese President …
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China’s Shenzhen further eases homebuying curbs
Beijing clamps down on drones: Sales banned citywide from May 1
China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady
China’s Iranian oil buying curbed by margins, traders say
Taiwan Tops Beijing’s Agenda for Trump-Xi Summit
Beijing court pledges stronger focus on small business labor disputes
Hyundai Motor chief attends Beijing auto show for 1st time in 8 yrs
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Kevin O’Leary Says Trade War With China Is Like This 1 Dangerous Game
Bitcoin crosses $91,000 as stocks pop on hopes of easing trade tensions: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin crosses $91,000 on hopes that U.S.-China trade tensions could ease soon. Plus, Paul Atkins, President Trump’s pro-crypto SEC chair pick, was sworn in …
Treasury Secretary Bessent says tariff standoff with China is unsustainable, expects de-escalation
US Treasury Secretary Scott Bessent said that the tariff standoff with China can’t last and that he thinks things will calm down.
Government COVID information websites redirect to ‘Lab Leak: The True Origins of Covid-19’
Covid.gov and covidtests.gov were established during the COVID-19 pandemic as resources for the public to order tests and find information on the virus. Now, both websites redirect to a webpage at the …
Trump’s restrictions on Nvidia’s China sales may not be enough to contain Beijing’s AI ambitions
The U.S.’s policy goals may not be coherent, while China’s own chip efforts and distributed AI training grow more capable.
Bessent sees de-escalation with China, saying the goal isn’t to de-couple
US Treasury Secretary Scott Bessent said Tuesday that the trade war between China and the US is unsustainable and that he expects the situation to de-escalate, according to people familiar with his …
Trump tariffs live updates: Bessent hints at deescalation with China as US, India progress on trade deal
Wall Street eyed signs of progress on key trade fronts Tuesday, as Treasury Secretary Scott Bessent hinted at deescalation with China and the US and India hailed headway on talks. Bessent called the …
US Treasury Secretary says situation with China is unsustainable, source says
U.S. Treasury Secretary Scott Bessent on Tuesday said that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate, a source familiar said.
China rolls out plan to promote its own payment system as US trade war simmers
The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies.
Foreign lenders upbeat on China finance market
CHINA’S financial markets are attracting international investors amid growing global economic uncertainty, with multiple foreign financial institutions including Neuberger Berman and DBS Bank …
China’s Rare Earth Export Halt Raises Trade War Tensions
China’s recent suspension of rare earth mineral exports is escalating trade tensions with the United States, threatening global supply chains and prompting considerations of alternative sourcing …
US Treasury secretary says trade war with China is not ‘sustainable’
In a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent added that talks between the US and China had yet to formally start.
US-China Tariff De-Escalation Rumors Drive Crypto Market Toward $3 Trillion
Scott Bessent’s tariff comments briefly fueled a market rally, with Bitcoin showing resilience compared to traditional stocks.
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