Stock markets worldwide are careening even lower after China matched President Trump’s big raise in tariffs in an escalating trade war.
Tagged By business
Electronics, Oil, Soybeans Among Top U.S. Exports to China
China was America’s third-largest export market last year, and the additional 34% tariff the country has placed on U.S. exports will hit a raft of goods led by electronics, agricultural products, oil and vehicles.
Artificial heart maker Picard Medical seeks U.S. IPO
Picard Medical (PMI), the developer of the SynCardia artificial heart, disclosed this week its plans to seek a public listing on the New York Stock Exchange under the ticker symbol PMI to raise as …
Chime delays IPO amid trade war uncertainties, Circle and Hinge Health considering – WSJ
Chime has decided to postpone filing its financials publicly with regulators, thereby delaying its IPO. Circle, which had been making progress towards going public, is now cautiously observing the …
Fox Business Panel Gloomy as China Imposes 34% Retaliatory Tariffs: ‘Angry Heads Are Prevailing’
Fox Business panel had a grim assessment as China slapped 34 percent retaliatory tariffs on imports of all U.S. products. The Mornings With Maria panel — with Cheryl Casone filling in for host Maria Bartiromo…
China May Force Major Automakers To Merge
China’s auto industry is massive, fast-moving, and at times nearly impossible to follow without a flowchart and a magnifying glass. Even major Western players like Toyota and Volkswagen, both deeply …
Stock Market Meltdown Continues As China Retaliates To Trump Tariffs
As Donald Trump’s tariffs showed increasing signs of escalating a trade war with China and perhaps several other nations, U.S. stock markets fell sharply for a second straight day. The Dow Jones …
China strikes back at Trump with own tariffs, export curbs
China on Friday struck back at the U.S tariffs imposed by President Donald Trump with a slew of countermeasures including extra levies of 34% on all U.S. goods and export curbs on some rare earths,…
China Hits Back at Trump With Tariffs, Limits on Key Exports
China retaliated against Donald Trump’s latest tariffs with commensurate levies on all American goods and export controls on rare earths, dealing a fresh blow to global markets and prompting the US …
Here’s how tariff uncertainty could affect 3 major cryptocurrencies
Since February, when U.S. tariffs on Canada, Mexico and China were announced, cryptos across the board have taken a beating.
US stock futures plunge after China heats up trade war with Trump tariffs retaliation
The S&P 500 futures fell 3.4% as major stock indexes continued to decline after suffering their worst drop since the COVID-19 pandemic the day before.
China punches back as world weighs how to deal with higher US tariffs
The U.S was New Delhi’s biggest trading partner in 2024 with two-way trade estimated at $129 billion, according to U.S. data. They have set an ambitious target of more than doubling their bilateral …
Crypto Daybook Americas: Bitcoin Reverses Gains as China Ramps Up Tariff Retaliation
This week, Trump announced sweeping tariffs on 180 nations, with higher levies on China, the European Union and Southeast Asia. The effective U.S. tariff rate is now above the level of around 20% set …
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