Senator inquires about NBA executive’s ties to China
Senator Blackburn Questions NBA Executive About China Ties Senator Marsha Blackburn from Tennessee questioned NBA executive Bill Koenig about the league’s relationship with China during a recent hearing in Washington. This meeting was attended by representatives from several major sports leagues to discuss various media rights and broadcasting issues. Blackburn specifically asked Koenig, who serves […]
US stocks fall as Bessent states there are no trade discussions with China, Trump mentions the US isn’t obligated to sign agreements.
The U.S. stock market saw declines on Tuesday, following Treasury Secretary Scott Bescent’s confirmation that trade discussions with China have yet to commence. President Trump later remarked that the U.S. “doesn’t have to sign” a trade agreement. The Dow Jones industrial average dropped by 389 points, or 1%, while the S&P 500 and NASDAQ saw […]
Tariffs from Trump create turmoil in China as workers protest unpaid wages and layoffs.
President Donald Trump’s tariffs are reportedly causing significant turmoil in China, leading to protests from workers over unpaid wages and layoffs. A report details that this unrest stems from Trump’s tariffs, which are as high as 145%. Hundreds of workers have taken to the streets, demanding their wages following the abrupt closure of a factory. […]
Bessent: The US has not started trade discussions with China yet
Treasury Secretary Scott Bescent informed lawmakers on Tuesday that the U.S. is not currently in trade negotiations with China, but he suggested that announcements regarding trade deals with other partners might be forthcoming soon. This statement follows comments from Trump last month, who suggested that discussions with China were occurring at various levels, although Chinese […]
Protests break out in China as Trump’s high tariffs take effect: ‘Very worried’
Protests among factory workers in China are intensifying as the impacts of President Trump’s tariffs on imports take hold, stirring unrest throughout the nation. Workers are increasingly voicing their frustrations on the streets due to unjust layoffs and factory closures exacerbated by wage delays and U.S. tariffs. Leaders in Chinese industry are expressing significant concern […]
China and Egypt conduct their inaugural joint military exercises to assess their alliance with the US.
Egypt and China have wrapped up their initial joint military exercise, which concluded on Sunday, showcasing the military capabilities of this significant US adversary and a major recipient of military assistance. This drill took place from mid-April until Sunday and included coordinated aerial maneuvers, simulated air force operations, and modern warfare seminars. As reported by […]
Charts indicate that this China tech ETF might be a more promising choice than U.S. tech, according to Katie Stockton – CNBC
China’s technology stocks are experiencing a bumpy start to 2025, reflected in significant fluctuations from the Kraneshares CSI China Internet Fund (KWEB). Despite the volatility, there seems to be a solid long-term foundation forming for KWEB, which looks quite different from US tech stocks that have been on a steady rise since 2023 and now […]
Trump plans to prohibit dangerous gain-of-function research in China and countries without sufficient regulation.
WASHINGTON – On Monday, President Trump is set to sign an executive order to halt federal funding for research into risky gain-of-function studies in China, Iran, and other nations lacking proper oversight. The directive will stop all future funding for such research, including initiatives by the National Institutes of Health (NIH) and other organizations aimed […]
Tariffs Will Make Us Prosperous; We Don’t Need ‘Trash’ from China
On Sunday, during an appearance on “Meet the Press,” President Donald Trump expressed that he believes tariffs will ultimately make the United States wealthier. “Taxes will enrich us. We will become a very rich country,” Trump stated. Host Kristen Welker posed a question, suggesting, “Your children might have just two dolls instead of 30. Are […]
Three Confirmed Dead, Sixty Injured After Two Boats Overturn in China, According to Reports
Boating Accident in Southwestern China Three individuals lost their lives, and 60 others required hospitalization after two tourist boats capsized in southwestern China, according to state media reports. Approximately 70 people fell into the river when the boats overturned in Qianxi city, as noted by local authorities cited by the New UA News Agency. As […]