China, Trump and trade
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Mr. Xi does not speak to the Chinese public through social media platforms, although he controls all of them.
From The New York Times
Investors punished U.S. assets in the wake of Trump's tariffs, with the dollar plunging against other major currencies and benchmark U.S. Treasury yields, which move opposite to bond prices, surging.
From Reuters
Trump's sudden decision on Wednesday to pause most of his hefty new duties brought relief to battered global markets and anxious global leaders, even as he ratcheted up a trade war with China.
From Reuters
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White House press secretary Karoline Leavitt said President Donald Trump is "optimistic" the U.S. and China can strike a deal over tariffs.
Chinese leader Xi Jinping said there were no winners in a trade war, in his first public comments on the matter since President Trump’s “Liberation Day” announcement last week. “There are no winners in a tariff war.
While President Trump paused import taxes this week for other countries, he raised tariffs on China and they now total 145%.
Trade experts say it won't take long for American consumers and businesses to feel the fallout from the tariffs. "Businesses are already feeling the tariffs," one expert says.
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Even as President Trump hits the brakes on tariffs on many countries, his duties on China and a few major sectors promises a global economic shake-up not seen in decades.Trump’s second-term tariffs on China now total 145%,
U.S. stocks rose on Friday as Wall Street ended a roller-coaster week amid a trade war involving tariffs started by the United States. Investors expressed optimism after the White House said it was in favor of a trade idea with China.
Trump’s approach not only confuses China but it could hinder communication and roll back progress in U.S.-China ties.
5hon MSN
President Donald Trump bragged that many foreign leaders were “kissing his ass” to avoid the steep tariffs he’d imposed on their countries. But China’s leader, Xi Jinping, was not one of them. “We are waiting for their call,
The president's global raft of tariffs was dubbed "worse than the worst-case scenario" by experts, but the most alarming parts of the plan were delayed on April 9.