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'From Bad To Terrible': Treasury Secretary Slams Beijing's Retaliatory Tariffs As Trump Trade Agenda Wipes Trillions
Wednesday, April 9, 2025 - 10:40am | 946U.S. Treasury Secretary Scott Bessent appeared on Fox Business Wednesday to praise President Donald Trump's aggressive trade stance and decry China's latest move to hike tariffs on U.S. goods to 84%. What Happened: "They have the most imbalanced economy in the history of the modern world," Bessent...
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China Retaliates With 34% Tariff On All US Imports, Urges Trump To Immediately Cancel The Tariffs, Calls For Negotiation
Friday, April 4, 2025 - 8:30am | 551China’s finance ministry has announced a 34% tariff on all goods imported from the U.S., effective from April 10. This decision comes as a response to the U.S. administration’s earlier imposed duties. What Happened: China’s finance ministry has declared a 34% tariff on all...
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Is Beijing Worried About Losing Trade War With US? Xi Jinping Reportedly Fears 'China Could Become Isolated Like Moscow,' Say Close Aides
Thursday, March 6, 2025 - 7:31am | 563As the Trump administration escalates tariffs on China, the world’s largest economies are on the verge of a superpower standoff reminiscent of the Cold War era. What Happened: A recent report in the Wall Street Journal suggests that Chinese President Xi Jinping is...