On today’s episode of CNBC Crypto World, bitcoin and ether as trade tensions between the U.S. and China escalate. Plus, BlackRock CEO Larry Fink says he expects tokenization to bring foreign …
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Trump threatens to end cooking oil purchases from China
US PRESIDENT Donald Trump slammed China’s halt of American soybean purchases as an “economically hostile act,” warning on Tuesday that his country could in turn stop buying cooking oil from the …
Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender
China holds an unexpectedly strong hand in the trade war, and the U.S.’s tariffs have been counterintuitively positive for China.
Amid trade tensions, Trump threatens ban on cooking oil from China over soybean purchases
Soybeans were the number one U.S. agricultural export, worth about $24.5 billion and more than half of it was bought by China.
Trump’s tariffs on cabinets, furniture and lumber are live today, as trade tensions with China ramp up again
Concerns about U.S. trade policy are back in the spotlight after being overshadowed by the government shutdown and other matters.
FirstFT: Scott Bessent accuses China of trying to hurt world’s economy
Also in today’s newsletter, criminal case opened against prominent Kremlin critics and Jay Powell signals support for rate cut …
IMF says China must shift growth to domestic demand, resolve property crisis
China must rebalance its economic growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, …
US tariffs on China on Nov 1 depend on Beijing’s actions, USTR Greer tells CNBC
U.S. Trade Representative Jamieson Greer said it’s up to China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but said it might be difficult for…
Trump calls Xi’s rare earth move a ‘bad moment’ — why it matters for US national security, China ties
President Donald Trump called China’s rare earth export controls a ‘bad moment’ as both countries navigate tensions over critical defense materials, and potential tariff increases.
IMF says China must work to boost domestic demand, property sector still an issue
China must rebalance its growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, emphasizing a …
China’s rare-earths power move jolted Trump but was years in the making
It aims to extract trade concessions from President Donald Trump and ensure the world remains dependent on China for critical raw materials.
China Deploys Military Against US Ally Over Disputed Territory
The Philippine coast guard said the Chinese forces “obstructed” efforts to deliver supplies to local fishermen.
Trump’s Trade War With China Catches the World in Its Crossfire
Mr. Trump’s initial fury softened over the weekend, after his response led to the sharpest decline in stocks since April, when the president’s initial barrage of tariffs was announced. Still, his …
