china tariff – Charm

Amazon, Nvidia and Tesla hit as Donald Trump’s China Tariff announcement wipes $770 billion from tech megacaps in biggest-ever single day fall since April

Cs news2 days ago04 mins

Major technology companies suffered their worst single-day losses since April last week, with Amazon, Nvidia and Tesla leading a $770 billion wipeout in market capitalisation following President Donald Trump‘s threats of increased tariffs on Chinese goods. According to a report by CNBC, shares of Amazon, Nvidia and Tesla each dropped approximately 5% during October 10…

Donald Trump’s China Tariff announcement wipes billions from Crypto market, sees biggest-ever single day fall

Cs news3 days ago03 mins

Bitcoin suffered a steep 8.4% drop to $104,782 on Saturday, leading a $19 billion wipeout across the cryptocurrency market, triggered by US President Donald Trump’s escalation of the US-China trade war. Trump announced 100% tariffs on Chinese tech exports and stringent export controls on critical software, accusing Beijing of aggressive trade tactics through restrictions on…

Truce fizzles as US-China trade tensions return to full boil

Cs news3 days ago07 mins

For months, bubbling trade tensions between China and the US 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…

China reacts to Donald Trump’s 245% tariffs: ‘If US continues to…’ | World News

Cs news6 months ago03 mins

China on Thursday said that if the United States continues to play the “tariff numbers game”, it will pay no attention to it, reported Reuters. Chinese President Xi Jinping at an event at the Great Hall of the People in Beijing on March 28, 2025.(AP) China’s foreign ministry made the comment in response to the…

China changes top trade negotiator amid tariff war with US

Cs news6 months ago01 mins

China on Wednesday removed Vice Commerce Minister Wang Shouwen from his role as trade negotiator and replaced him with a former Chinese representative to the World Trade Organization, amid an escalating tariff war with the United States. Li Chenggang, 58, who previously served as Assistant Commerce Minister during the first Donald Trump administration, has taken…

Trump announces 90-day ‘pause’ on reciprocal tariffs for all but China

Cs news6 months ago02 mins

In a major development, US President Donald Trump announced on April 9 a 90-day ‘pause’ on reciprocal tariffs for all but China. “Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately….

The worst week since 2020: Chart of the Week

Cs news6 months ago6 months ago04 mins

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Trump’s tariff announcement came Wednesday like an underwater earthquake, and its tsunami put an unprepared stock market deep underwater. The S&P 500 (^GSPC) closed down 4.8% Thursday and nearly 6.0% Friday. It closed…

Donald Trump tariffs news: ‘Only the weak will fail,’ president says as amid US stock market crash

Cs news6 months ago6 months ago06 mins

WASHINGTON — Across-the-board 10% tariffs on nearly all imports — one-half of President Donald Trump’s “Liberation Day” tariffs — went into effect early Saturday, amid continued economic fallout from Trump’s plan. More severe tariffs on imports from several dozen countries — including a 34% tax on Chinese goods and a 20% tax on European Union…

New iPhone, Android Warning—Do Not Use Any Of These Free Apps

Cs news6 months ago06 mins

Do not take this risk with your phone getty It’s the least surprising news of the week. A new report has just warned that a raft of free apps being installed by huge numbers of iPhone and Android users from the official Apple and Google stores are much more dangerous than you’d expect. You could…

China Retaliates, Announces 15% Tariff On Import Of These Items From US

Cs news7 months ago03 mins

Beijing: China has swiftly retaliated against fresh US tariffs announced by President Donald Trump, and announced 10 to 15 per cent hikes to import levies covering a range of American agricultural and food products. The move places twenty-five US firms under export and investment restrictions. The move came as America doubled duties on Chinese goods…