Scott Bessent’s tariff comments briefly fueled a market rally, with Bitcoin showing resilience compared to traditional stocks.
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Trump’s treasury secretary says trade war with China is not ‘sustainable’
But in a private speech for JPMorgan Chase, Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
U.S. doing very well on trade deal with China: White House
The U.S. is doing very well on a potential trade deal with China, the White House press secretary informed. The U.S. is doing very well on a potential trade deal with China, the White House…
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
8 Practical Steps for Brands Navigating the Current Tariff Turmoil and Trade Wars
The rules of global trade are shifting once again and this time, the impact could be massive for thousands of e-commerce brands. On April 2, 2025, President Donald J. Trump announced sweeping changes …
Fintech Unicorn GCash May Delay Philippines’ Biggest IPO If US-China Trade War Escalates
Mynt’s IPO, which some analysts expect to raise as much as $1.5 billion later this year, will be the biggest maiden share sale in the Philippines since the 2021 listing of Monde Nissin, which raised…
Trump to impose steep tariffs on Asian solar imports, increasing pressure on China
The Trump administration announced steep tariffs on solar imports from four nations in Southeast Asia, with duties as high as 3,500% on the grounds that the nations act as pass-throughs for products …
Exclusive: ‘China Track’ bank netting system shields Russia-China trade from Western eyes
Major Russian banks have set up a netting payments system dubbed “The China Track” for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of …
China’s business programs reached over 40,000 Taiwanese in double-pronged expansion tactic
The approach China has taken has been described as a “carrot and stick” tactic, and its main aim is to influence the opinion of the Taiwanese people.
WARNING: Is China’s DeepSeek AI Spying on Your Crypto? The Trojan Horse EXPOSED!
AI’s already neck-deep in crypto trading. Bots scrape Twitter, news feeds, even weird messages hidden inside Bitcoin transactions, trying to guess market sentiment. DeepSeek, being cheap and decent …
China asks Korea not to export products using rare earths to US defense firms, paper reports
Beijing recently asked South Korean companies not to export products containing China’s rare earth minerals to U.S. defense firms, the Korea Economic Daily reported on Tuesday, citing government and …
Volkswagen plans exports from China to Asia, South America, Middle East
SHANGHAI (Reuters) -Volkswagen plans to start exporting cars from China, aiming to sell in other Asian markets, South America and the Middle East, its China chief said on Tuesday, adding the carmaker …
Taiwan March export orders miss forecast, China drags
Taiwan’s export orders rose less than expected in March, as strong demand for artificial intelligence (AI) applications was offset by slower demand from China, with the government expressing caution …