Tag Archives: China

Hong Kong  —  Beijing has vowed countermeasures against Washington if US President Donald Trump makes good on his threat to impose new 100% tariffs on Chinese imports. Trump’s latest threat came after China unleashed a raft of export restrictions on rare earth minerals last week. The escalating tensions threaten to derail months of progress in trade talks. “Resorting to threats …

President Donald Trump’s threat to impose an additional 100% tariff on imports from China sparked a massive cryptocurrency sell-off late Friday that exposed risky leverage in the space. Digital currencies bitcoin, ether and solana were among the most affected cryptocurrencies, bringing total liquidations to $18.28 billion as of 3:47 p.m. ET, according to data analysis platform CoinGlass. The losses for …

NEW YORK (AP) — For months, bubbling trade tensions between China and the U.S. seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in the …

U.S. and China national flags adorn motorcades in Beijing, China. Pool | Getty Images News | Getty Images China on Sunday defended its new export controls on rare earths as a “legitimate” measure under international law, pushing back against U.S. accusations of economic coercion after Washington announced sweeping retaliatory tariffs and export restrictions. The Chinese Ministry of Commerce said the …

President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of an AI bubble raise doubts …

Financial markets suffered a rerun of their swoon in April, when “Liberation Day” tariffs shocked global investors, signaling that his latest China duties may end up hurting the U.S. more than their intended target. On Friday, President Donald Trump said he will impose an additional 100% tariff on China and limit U.S. exports of software, after China restricted its exports …

How China Powers Its Electric Cars and High-Speed Trains  The New York Times China issues new pledge to cut greenhouse gas emissions — is it now a global leader in climate action?  Live Science China Is Leading the World in the Clean Energy Transition. Here’s What That Looks Like  WIRED Dual carbon goals spur green business into action  The Independent China Can’t Decide if …

China’s lesson for the US: it takes more than chips to win the AI race  South China Morning Post Why is Nvidia, the world’s leading AI chipmaker, entangled in the US-China trade war?  CNN China Chip Stocks Test Trader Patience With Soaring Valuations  Bloomberg.com China launches customs crackdown on Nvidia AI chips  Financial Times A Mystery C.E.O. and Billions in Sales: Is China Buying …

Shares in semiconductor maker Qualcomm (QCOM) were lower today after China launched an antitrust probe into its acquisition of Autotalks earlier this year. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Chinese Pressure China’s State Administration for Market Regulation said …

Trump’s Threat on Higher China Tariffs Wipes Out Stocks’ Weekly Gains  The Wall Street Journal Stock market today: Dow sinks 800 points, S&P 500 and Nasdaq see worst day since April as Trump’s renewed tariff threats spook Wall Street  Yahoo Finance America and China return to fierce trade conflict  The Economist Trump puts extra 100% tariff on China imports, adds export controls on …