Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
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China trade freeze squeezes US soybean farmers as costs climb, profits vanish
American soybean growers across the Midwest are warning of another tough year as China’s trade freeze cuts off their largest export market and production costs soar.
China’s annual consumer, producer prices remain negative in September
China’s consumer prices fell in September while producer deflation persisted, as prolonged domestic weakness and renewed trade tensions weighed on consumer and business confidence. The consumer price …
Trump accuses China of ‘hostile act’ over refusal to buy US soybeans
When asked about reports concerning Chinese port fees imposed on US vessels, Trump downplayed their significance …
Asia markets rise, breaking ranks with Wall Street’s declines on renewed U.S.-China trade feud
Asia-Pacific markets opened higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud.
Trump calls China soybean cuts ‘economically hostile’ act against American farmers nationwide
President Donald Trump considers terminating cooking oil trade with China in response to reduced soybean purchases that hurt American farmers.
Polestar Closes Its Last Direct-Run Store in China Amid Strategic Business Shift
Swedish EV brand Polestar has closed its last direct-operated store in China, located at Shanghai’s Qiantan L+Plaza, according to Chinese media outlet
Bitcoin slips to $113,000 amid U.S.-China trade uncertainty: CNBC Crypto World
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 …
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 …
