Texas aims to limit foreign land purchases with the country’s most stringent legislation against China and others.
Texas Legislation Aims to Block Foreign Land Purchases Texas lawmakers are taking significant steps, which they refer to as perhaps the strongest efforts in the nation, to prevent certain foreign entities from buying land in the state. This initiative, championed by Republican Rep. Cole Hefner and state Sen. Royce Kolhorst, focuses on preventing ties to […]
5 key points to consider as US and China begin trade discussions
President Trump made a clear statement on Friday about his intention to ramp up the trade war with China, which began last month. In a post on True Society, he expressed that “China’s 80% tariffs seem right!” and advised Treasury Secretary Scott Bescent to reduce China’s current tariffs, which are sitting at 145%. Bescent will […]
Trump proposes reducing the 80% tariff on China
Trump Proposes 80% Tariff on China On Friday morning, President Donald Trump remarked, “80% tariffs on China seem right!” This figure stands out as the administration continues to navigate complex trade negotiations. Interestingly, the proposed 80% tariff is significantly lower than the current 145% tariff on Chinese goods. It’s worth noting that this is the […]
China discussions and inflation figures may determine the direction for stocks in the coming week.
The Wall Street mood next week might hinge on discussions taking place in Switzerland over the weekend. Chinese and US officials, including Treasury Secretary Scott Bescent, are set to talk about trade relations on Saturday. Investors are keenly awaiting signs of significant progress, particularly after President Donald Trump mentioned on Friday that he would consider […]
Does Team Trump Hold The ‘Winning Hand’ It Needs To Overcome China In Upcoming Trade Discussions?
Several high-ranking officials from the Trump administration will be heading to Switzerland this weekend to engage in direct discussions with Chinese leaders. This meeting comes as President Donald Trump imposes new tariffs that are beginning to affect China’s economy significantly. Treasury Secretary Scott Bescent and U.S. Trade Representative Jamieson Greer are set to lead the […]
China is optimistic that Pope Leo XIV will carry on the discussions initiated by Pope Francis.
On Friday, China’s Foreign Ministry extended congratulations to Pope Leo XIV on his recent ascension as head of the Catholic Church, indicating a desire for “dialogue” between Beijing and the Vatican. Spokesperson Lin Zian noted that China’s measured response to the passing of Pope Francis suggests a lack of overt hostility towards his successor. Under […]
Trump States 80% Tariff on China ‘Feels Appropriate’
President Donald Trump indicated he would approve 80% tariffs on imports from China, stating that Treasury Secretary Scott Bescent would manage negotiations. Trump commented, “An 80% tariff on China seems appropriate! Until Scott B,” in a social media post Friday morning. Last month, the administration announced plans to increase tariffs on goods from China to […]
Trump suggests an 80 percent tax on imports from China
President Trump announced on Friday that the U.S. could reduce tariff pressure on China, cutting the import tax from 145% to 80%. “China’s 80% tariffs seem right! Until Scott B,” Trump mentioned in a post regarding Treasury Secretary Scott Bescent, hinting at future discussions. The suggested new tariff rates align with Trump’s earlier idea of […]
Trump believes 80% tariffs on China ‘seems right’ before important US-Beijing trade discussions.
President Trump expressed that 80% tariffs on Chinese products “seems to be right,” as top officials from both the U.S. and China are set for high-level discussions this weekend aimed at resolving the ongoing trade conflict between the two largest economies. In a post on his social media platform, Trump stated, “China should open a […]
Xi of China joins Putin at Russia’s Victory Day parade
Xi Jinping and Vladimir Putin Mark a Historic Event Together On Friday, Chinese President Xi Jinping was seen alongside Russian President Vladimir Putin during a significant event commemorating the 80th anniversary of Nazi Germany’s defeat in World War II. The occasion involved a display of over 180 military vehicles, including tanks and artillery characteristic of […]