US President Donald Trump confirmed that his administration will move ahead with plans to impose a 155 per cent tariff on Chinese imports from November 1, even as he claimed to prefer maintaining friendly relations with Beijing. The announcement came during a press interaction where Trump was asked whether Washington would consider new tariffs on…
Xi Jinping’s Power Move Before Meeting Trump; Fires Top Chinese Generals In Latest Purge A major shake-up rocks China’s Communist Party as President Xi Jinping expels top military generals in a sweeping purge. The Chinese Ministry of Defence confirmed that several high-ranking officials, including He Weidong, vice-chair of the Central Military Commission, and Miao Hua,…
US Treasury Secretary Bessent announced on Wednesday (October 15) that 85 US senators are willing to grant President Donald Trump the authority to impose tariffs of up to 500% on China for purchases of Russian oil Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs…
Oct 14, 2025 2:33 PM IST US Stock Market Live Updates: Why Are Michelin Shares Down 9% Michelin shares fell after the tiremaker lowered its financial guidance for the year following a bigger-than-expected sales slump in North America. The stock declined as much as 11% in Paris on Tuesday, the steepest intraday drop in more…
Topline U.S. stock futures rose early on Monday as President Donald Trump and Vice President JD Vance signaled they are open to a deal with China to de-escalate trade tensions, after the president threatened to impose an additional 100% tariff on Chinese goods on Friday in response to Beijing’s expansion of export controls on critical…
The cryptocurrency market suffered historic losses on Saturday, with over $19 billion wiped out in what data tracker Coinglass described as “the largest liquidation event in crypto history,” after US President Donald Trump announced 100% tariffs on China and new export controls on software. Two major cryptocurrencies, Bitcoin and Ethereum, crashed as investors reacted to…
In a dramatic escalation of trade tensions, US President Donald Trump announced on October 10, 2025, that the US would impose an additional 100% tariff on all Chinese imports, effective November 1 or sooner if Beijing continues what he described as “aggressive” trade actions. US President Donald Trump speaks in the Oval Office of the…
More than 1.6 million traders lost over $19 billion on cryptocurrency bets as the market crashed from Donald Trump‘s announcement of additional 100 per cent tariffs on China, according to a Bloomberg report. Citing 24 hour data from Coinglass, the report noted that more than $19 billion have been wiped out in the “largest liquidation…
Trump tariffs on China: US President Donald Trump on Friday slapped China with an additional 100% tariff, in addition to the existing 30 per cent duties, effective November 1 or sooner. Additionally, the Trump administration will impose export controls on “any and all critical software” from American firms. Trump said the new tariffs are a…
China announced it is tightening the export of rare earth technologies, broadening restrictions that have been a source of tension between Beijing and Washington. Technologies related to the extraction of rare earth minerals, manufacturing of magnets and recycling of rare earths are banned from being exported unless permitted, according to a notice published Thursday by…