China has said it will pursue closer ties with North Korea, following a reignition of trade tensions with the U.S. On Saturday, the Chinese government announced that it is willing to work with North Korea to “explore the potential for practical cooperation and add more impetus to the development and construction of the two countries,”…
China issued a blunt warning to Washington after President Donald Trump threatened a new round of 100% tariffs, stating that it prefers diplomacy over confrontation but will not hesitate to retaliate if provoked. This back-and-forth tariff warning threatens to derail a possible meeting between Trump and Chinese leader Xi Jinping and end a truce in…
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…
Markets are bracing for more drama when trading resumes Monday, after President Trump slapped 100% tariffs on Chinese imports and called out “sinister and hostile” moves by China to try to corner the market on rare earth minerals. Trump tore into China’s new export controls Friday, announcing new tariffs “over and above” existing U.S. levies…
Beijing’s rare-earth bombshell – On October 9, 2025, China dramatically expanded export controls on critical rare earth metals, adding five more elements (holmium, erbium, thulium, europium, ytterbium) to an export-restricted list that already included seven others [1] [2]. In total, 12 of the 17 rare-earth elements are now under Chinese export curbs [3]. Beijing also imposed new licensing requirements on dozens of…
Residents of China’s capital city, Beijing, on Saturday showed indifference and defiance about United States President Donald Trump’s recent decision to impose harsh new tariffs on the country, AFP reported. On Friday, Trump unexpectedly announced that the United States would impose an extra 100 percent tariff on all imports from China starting from November 1,…
As part of the latest tit-for-tat between the two countries, China also imposed new port fees that primarily target US-built, flagged, owned or operated vessels, and launched an antitrust investigation into the tech firm Qualcomm on Friday. Similar port fees, announced earlier this year, are due to come into effect in the US later this…
US President Donald Trump on Friday reignited his trade war with China, announcing an additional 100 per cent tariff on Chinese imports, escalating tensions between the world’s two largest economies. US President Donald Trump shakes hands with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, western Japan,…
US President Donald Trump on Friday clarified that he did not cancel his meeting with Chinese President Xi Jinping after his recent remarks about having “no reason to meet Xi” had triggered speculations about the two leaders’ upcoming meeting. Speaking to reporters, Trump said he had not officially cancelled the meeting with Xi, but expressed…
Market sell-off amid U.S.-China trade tensions – CBS News Watch CBS News The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O’Grady has the latest. Source link