China’s promise to strike back after U.S. President Donald Trump increased tariffs on US$200 billion worth of Chinese goods on Friday has heightened uncertainty on how escalating trade tensions between the two countries will unravel and raised fears among investors and analysts of worst-case scenarios that will hurt global growth.
“Dumping treasuries would be an ineffective weapon for China as that would send yields higher and hurt the positions of their own holdings in treasuries,” said Tan. Minutes after the U.S. raised tariffs from 10 percent to 25 percent on Friday, the Ministry of Commerce reiterated its tough stance in the trade war, saying in a statement, "we’ll have no choice but to take the necessary countermeasures".
If Russia hasn't been able to bring Trump down, maybe China will!
They should call those notes due and see what happens.
China didnt show up today to buy US Tbills...
It is not good. The Dow is starting to drop & a recession could be coming wiping out our recent economic gains.
Free Trade has already screwed most Americans. If Wallstreet and Trust Fund baby investors get hurt in this skirmish, so be it.
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US tariffs on China jump as deadline passes, China immediately says it will retaliateThe Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%. Futures are reacting based on your tweets . Do you guys have set any algorithms?
Source: CNBC - 🏆 12. / 72 Read more »
China's Sinopec, CNPC skip Iran oil buys for May as U.S. sanctions waivers end: sourcesChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC... لكم السؤال ... The only language a bully (the US) understand is the power. Making a new deal with America is like playing chess with gorilla! 很明显，美国希望它们去购买美国石油。 我认为这也是贸易战的一部分，中国会接受，这样可以平衡一部分中美贸易逆差。
Source: Reuters - 🏆 2. / 97 Read more »
Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctionsChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC... BREAKING 0530 Multiple Fighter jets, C-150s with equipment/military personnel taking off and flying overhead at my location. 0606: Fighter jets and C-150s take off. 0612: More of the same. I’m told this is an activation to the Middle East for a strike.
Source: Reuters - 🏆 2. / 97 Read more »
Cramer Remix: China needs us more than we need ChinaJim Cramer explains how the United States has the upper hand in trade negotiations with our stronger, cash fueled economy. We owe China money. Correct Nicely written, hope more people will understand how important crypto is becoming. Higly recommend to check instacryptonews , they are great in delivering news fast.
Source: CNBC - 🏆 12. / 72 Read more »
US Navy destroyers sail near disputed islands claimed by China in South China SeaTwo U.S. guided missile destroyers sailed near disputed islands claimed by China in the South China Sea on Monday, the U.S. Navy says in a statement. These islands were all developed and built under the Obama administration, without any objections. they will keep doing so, and China's pathetic navy can't do anything about it. Great!
Source: ABC - 🏆 471. / 51 Read more »
Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival. Good That is why US is kidnapping the CEO’s daughter in Canada! Patriotic Kidnapping Marketing
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Buffett doesn't see clear outcome in trade fight with ChinaBuffett spoke after holding his annual Berkshire Hathaway shareholders meeting. No one does. 🤣😂 Maybe he needs new glasses Duh
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Trump's trade fight with China sends Dow plunging 350 pointsStocks slid on Monday in early trading after President Donald Trump threatened over Twitter to hike tariffs on Chinese imports. And when they are doing good do you report on that. And also the lowest unemployment rate. Please dump trump from twitter, he is a large lump.
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China Considers Next Volley in Trade FightAn escalation in tariffs by the U.S. has China dusting off its options for retaliation, which include a reciprocal increase, piling on new tariffs and punishing individual American companies. Many of us think that all our crypto assets are secured and exchange where we keep our hardly earned money is very secured. Think again ! Be smart get best hardware wallet ever made Ledger Nano X. Buy now at discounted price The stock market went crazy! Beijing’s options to hit back for U.S. tariff increase ranges from imposing duties to killing contracts; to anything in between!
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Consumers Could Be Hit as New Front Opens in U.S.-China Trade FightHigher tariffs on Chinese products set to go into force Friday would apply 25% levies on more than $40 billion worth of items bought by consumers—clothing, furniture and other things found on the shelves at Target, Walmart and other retailers. Buy American China's suffering from the existing tariffs that are in place now, and in return we can't even feel it! Winning China's about to get socked with a lot more if they don't wise up! MAGA
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Escalating U.S.-China Trade Fight Stings Companies World-WideFrom the world’s biggest miners to German car makers and Japanese manufacturers of iridescent powder for cosmetics, producers around the world are bracing as the U.S. escalates its tariff fight with China. Globalized trade means the U.S.-China spat is dealing a blow to billions of people, but neither countries leaders. Fake news Come with Taiwan economic growth 🔥
Source: WSJ - 🏆 98. / 63 Read more »