Wild week on Wall Street as U.S. and China go tit for tat on tariffs
Jamie Dimon, chairman and CEO of JPMorgan Chase, will talk about tariffs, the future of US trade and competition, revenue expectations, and the potential for a recession in an exclusive interview with Mornings With Maria. -Stots finishes volatile week with profit, gold hit record, wind sucks bonds as dollars are drawn – President Trump's surprise […]
Elon Musk’s Tesla Suspends Orders for American-Made EVs in China as Trade War Escalates
Tesla has suspended new orders for China's Model S and Model X vehicles as communist and US exchanges will take a hit in the trade war. Unlike several other Tesla EVs, Elon Musk's Company exports S and X models from the US to China. Reuters Report As a continuous tension in trade between the US […]
Desperate China Pleads with E.U. to ‘Jointly Resist Unilateral Bullying’ of Trump Tariffs
On Friday, an increasingly hopeless China appealed to European Union members to work with Beijing to resist the “unilateral bullying” brought about by punitive tariffs introduced by US President Donald Trump. Chinese national president Xi Jinping called when he met Spanish socialist Prime Minister Pedro Sanchez. Xinhua, a state communications agency, said Xi Jinping, stressed […]
Scale AI CEO Alexandr Wang issues stark warning about China
Alexandr Wang, the world's youngest home-built billionaire and CEO of $14 billion in corporate AI, has become one of the most important voices on artificial intelligence. And the message he's sharing now is that the US is There is a risk of delays. “The Chinese Communist Party has enacted a government-wide approach to leading AI: […]
The Case for a ‘Christmas Truce’ in China Trade War
President Donald Trump claimed last Wednesday that he persuaded 75 countries to negotiate trade and tariffs, leaving China out in the cold. In doing so, he also avoided the bond market disaster. But we have not yet left the forest. Thousands of American companies, and potentially millions of employees, are still at the forefront of […]
Boom Supersonic CEO Declares US Triumph Over China in Supersonic Jet Race!
China’s Boom Supersonic CEO Blake Scholl has introduced a new supersonic jet, influencing the sector, the advantages of accelerated travel, and the potential for next-gen Air Force enhancements. As per Boom Supersonic CEO Blake Scholl, the US currently leads over China in the production of supersonic aircraft. “Historically, aviation has been viewed as a representation […]
TikTok deal becomes casualty of Trump’s China trade war
Ultimately, it was Donald Trump, who wanted to save Tiktok, that money had learned that he might kill the short video app completely after he stayed in the US. On Wednesday, Trump hit China, the very country that controls Tiktok, and received 145% tariffs on all imports as he “unfairly decided to retaliate against the […]
European stocks swing to losses after China retaliates with higher tariffs on U.S. goods – CNBC
America will be hit far more harder than Europe in the trade war, says top EU officials EU Economic and Productivity Commissioner Bardis Dombrovskis was portrayed before an informal meeting of the EU Minister and Central Bank Governor (ECOFIN) for EU Economic and Finance Affairs held in Warsaw, Poland on April 11, 2025. Wojtek radwanski […]
Meta helped China develop advanced AI to ‘outcompete American companies’: whistleblower
Mehta actively supported China to develop artificial intelligence as part of a failed effort to cooperate with Beijing, said former executive Whistlebrawer at the Bomb Senator's hearing on Wednesday. Scathing Memoir Sarah Wynn Williams, who detailed her experiences in Meta in “The Careless People,” testified that Facebook founder Mark Zuckerberg and other executives had lied […]
China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday
China announced measures on Friday, raising tariffs on US goods from 84% to 125% from Saturday. The United States and China expanded the trade war by raising tariffs, even if US President Donald Trump suspends tariffs in other countries. Trump's universal tariffs on China total 145%. On April 10, 2025, Chinese cargo containers were stacked […]