Whatever one thinks of Beijing, Xi has set clear policy objectives – to dominate high-tech industries and use them as leverage against the US – and has laid out the road map to get there.
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Trump’s China tariffs could double your next purchase
President Donald Trump’s proposed 100% tariffs on Chinese imports could significantly impact U.S. consumers by doubling prices on everyday goods such as electronics and clothing. Economic analyses …
Wall Street mixed as U.S.-China trade tensions reignite, bank earnings move markets
U.S. stocks were mixed on Tuesday as the U.S.-China trade war intensified with the second-largest economy sanctioning five U.S. subsidiaries in South Korea, while investors turned focus to the latest …
Trump Treasury Secretary Rages at China for Retaliating to His Boss’ Threats
Scott Bessent accused Beijing of wanting “to pull everybody else down with them” after the country’s rare earth mineral announcement.
Wall St dips as US-China tensions simmer, bank results pour in
Wall Street’s main indexes dipped on Tuesday as renewed concerns over a U.S.-China trade conflict dampened sentiment, while investors parsed results from big U.S. banks, which kicked off the …
China Flexes Superpower Status Using Rare Earths in Global Supply Chain Grab
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it dominates, using the same playbook that allows the US to wield …
Dow Jones Today: Stock Futures Point Lower as China Tensions Ramp Up Again; Big Bank Earnings Kick Off
Stock futures pointed lower as trade tensions with China re-escalated Tuesday, a day after indexes rebounded from Friday’s sharp losses, and big banks began reporting third-quarter results.
China Hits Back at Trump’s Tariffs with Rare Earth Restrictions — Wipes Over $500M from Crypto Market
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 …
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.