US small businesses tethered to China sell off inventory, cut jobs amid escalating trade war: sources
US small and medium-sized businesses with deep ties to China are screaming that they are floating by selling inventory and cutting jobs as the trade war escalates between the two biggest economies in the world. The Trump administration raised tariffs on goods from China to 145% last week. Large companies caught up in Crossfire have […]
China Stops Exports of Rare Earth Minerals Impacting Key Industries
According to some reports, China has stopped exporting several rare earth minerals, important for producing certain products in the high-tech, automotive, aerospace and defense industries. New York Post It has been reported “On April 3, China is no longer exporting seven heavy rare earth metals not only Asian powers but also seven heavy rare earth […]
Larry Summers erupts Trump official blames him for China trade imbalance
Former Treasury Secretary Larry Summers erupted in frustration and rage amid a podcast discussion with current administrative officials who denounced him for the imbalance in trade with China. David Sachs, the newly appointed “crypto Czar” in President Trump’s administration, engaged in a fierce conflict with Summer during a tense exchange About the “All in” podcast […]
Exclusive — Greece’s Vice President Rooting for Trump in Trade War with China
ATHENS, Greece – Greece’s Vice President and Health Minister Adonis Georgiadis told Breitbart News alone that President Donald Trump’s trade action against the Chinese Communist Party is difficult for most of the world, but is important to help the United States lead the West into a new era of prosperity. “I believe in the West,” […]
Musk, Tesla caught in crosshairs of Trump trade war with China
President Trump's escalating trade war with China puts Elon Musk and Tesla in a tight spot as electric car makers face mountaineering tariffs in one of their most important markets. Tesla has stopped new orders for two models That China website On Friday, Beijing raised tariffs on American goods to 125% in an ongoing trade […]
China strikes back, raising tariffs on US goods from 84% to 125%
China on Friday returned to President Trump's latest tariff hike, raising its own rate against the US to 125% as it chuckled its trade policy as “joking” in a scathing statement. The national move to raise tariffs on US imports from 84% to 125% marks a third retaliation as tensions between the two trading partners […]
‘We Need to See’ Trends Like Companies Moving Out of China to Places Like Vietnam, India, Mexico, Korea
On Fox News Channel's “Fox & Friends” broadcast on Friday, US trade representative Jamieson Greer said that while the US is relying too much on China, “Many of the big companies dealing in hardware and appliances will be producing for the past few years, in Vietnam, India, Mexico, Korea, Korea, Korea, and production, American companies.” […]
How to stabilize a region, gain a friend, and combat China: Partner with Africa
The world is checking whether President Trump and Ukrainian President Voldimia Zelensky can reach an agreement on the mineral trade. This precious natural resource is considered one of the key factors in mediating peace in Ukraine, but the Trump administration would be wise to look beyond those boundaries. Important minerals have serious implications for the […]
Wall Street Journal asks if Trump has China trade strategy
The Wall Street Journal editorial board questioned whether President Trump has a clear trade agenda as the tariff war with China heats up. “The reality is that Trump is making up for it as he goes, and it would be useful if he had a real strategy to deal with China, especially.” I wrote it […]
China is hiking tariffs on US imports from 34% to 84%
Treasury Secretary Scott Bessent is responding to China, which imposes a tariff of 84% on US goods, and a potential backup plan for a company that appears to be “closing” in light of the Chinese economy and tariffs. China is currently increasing tariffs on US imports from 34% to 84% in response to President Donald […]