The new tariff on Chinese imports was 34%. For Cambodia, the new tariff rate was 49%. Vietnam: 46%. Thailand: 36%. Indonesia: 32%. Malaysia: 24%. Those rates weren’t based specifically on …
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White House AI czar on race with China: ‘We’ve got to let the private sector cook’
“Washington wants to control things, the bureaucracy wants to control things. That’s not a winning formula for technology development,” David Sacks said.
Global issues cloud 2H25 IPO outlook
The initial public offering (IPO) market, which started the year on a subdued note, faces an uncertain second half (2H25) as weak market sentiment, global headwinds and poor earnings season continue …
U.S.-China Talks Continue. Export Restrictions Are the Problem.
Any progress is likely to be cosmetic, failing to go to the heart of structural issues, and thus prone to further setbacks.
China’s Export Restrictions On Rare Earths Causes Alarm For Automotive Industry
With nearly 70% of global rare earth production and more than 90% of processing taking place in China, the world remains heavily reliant on the country for rare earth element supplies.
China Extends Probe Into EU Pork Imports
China said Tuesday that it would extend a yearlong probe into pork imports from the European Union, as Beijing seeks to bolster ties with the 27-member block amid heightened trade tensions with the U.
Trump’s CFTC pick calls for comprehensive crypto rules in nomination hearing: CNBC Crypto World
On today’s episode of CNBC Crypto World, major cryptocurrencies climb as investors wait for more insight on trade discussions between the U.S. and China. Plus, Brian Quintenz, President Trump’s pick …
China is only 3-6 months behind US in AI, Trump official says
China is three to six months behind the United States in artificial intelligence, White house AI and crypto czar David Sacks said Tuesday at an event in Washington, warning that excess U.S. AI …
Cryptocurrency Price Today (June 10): Bitcoin Rises Above $109,000 As US-China Tensions Ease
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $109,000 mark early Tuesday as US and China trade negotiations began taking shape. Other popular altcoins — …
How China’s car makers inflate sales numbers by selling ‘zero-mileage, used cars’
Automakers are slashing prices to win over the public, and top executives are trading barbs. Now, the People’s Daily newspaper – controlled by the Chinese Communist Party – has added its voice by warn …
U.S Treasury yields slip as U.S.-China trade talks enter 2nd day
U.S.-China trade negotiations entered day two at Lancaster House in the UK, with Vice Premier He Lifeng and U.S. Commerce Secretary Howard Lutnick present.
US-China trade talks on export controls to resume for a second day
By Kate Holton and Alistair Smout LONDON (Reuters) -Top U.S. and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls …
US-China Deal: Commerce Secretary Lutnick Confirms Progress; BTC And ETH Prices Soar
BTC and ETH prices surge as Commerce Secretary Lutnick says that the US-China trade talks are going well. What’s next?