China has tightened export controls on rare earth magnets, escalating tensions with Washington and triggering widespread turbulence across global markets, including a $7 billion sell-off in …
Tagged By financials
Trump tariffs live updates: China hits back at Trump on shipping with curbs on US units of Hanwha Ocean
Yahoo Finance is chronicling the latest news and updates on President Trump’s plans to impose tariffs on goods from other countries.
Trump aide blames China for ‘damaging global economy’ after rare earth curb
Bessent argued that China’s restrictions on critical minerals reflect internal economic challenges and a desire to drag the rest of the world along with it …
China completes issuance of 1.3 trillion yuan in ultra-long-term special treasury bonds on October 14
China on Tuesday completed the issuance of this year’s final tranche of ultra-long-term special treasury bonds worth 40 billion yuan ($5.5 billion), according to the Ministry of Finance. The move …
China takes steps against US-linked units of S.Korea shipbuilder Hanwha
China announced sanctions on Tuesday against five U.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world’s two largest economies, sending the company’s …
‘Weakened’ China trying to damage global economy: Bessent
The US Treasury secretary says China’s restrictions on critical minerals will hurt their own international standing.
Jeremy Siegel says China tariffs are temporary and the market could continue to ‘new highs’ if they’re lifted
The Wharton finance professor said if the levies are lifted, the market is likely to pass new milestones.
Trade Crossfire: US port fees sting China’s fleet, Chinese banks face financial shockwaves
CNBC’s reporter Lori Ann LaRocco talks about the tariffs hitting China’s shipping sector, the fees they face annually with the latest U.S. measures, plus the risks that Chinese banks will need to …
Delicate trade truce with China hangs in the balance after export controls
The pause in the trade war between the U.S. and China may be at risk of breaking open again after Beijing implemented restrictions on rare earth exports.
Trump’s latest China tariff brinkmanship clouds IMF, World Bank meetings
Finance chiefs gathering in Washington this week were ready to discuss the global economy’s surprising resilience in the face of Donald Trump’s tariff assaults – until U.S.-China trade war rhetoric …
‘Everything on the table,’ says Bessent after Trump’s shock 100% tariff for China; US ‘expects India to…’
The Treasury Secretary also confirmed that a planned meeting between Xi and Trump remained on track despite the recent trade tensions.
JPMorgan to invest $10B in areas ‘critical’ to US national security amid trade tensions with China
The initiative, announced Monday, is part of a 10-year plan to finance and facilitate $1.5 trillion in projects spanning defense, energy.
Wall Street thinks Trump will be forced to make a deal for China’s rare earth minerals
China holds an unexpectedly strong hand in the trade war, and the U.S.’s tariffs have been counterintuitively positive for China.