$250M Liquidated Every Hour: Bitcoin Drops Below $110K as Trump Issues Warning to China
In just one hour, as much as $250 million can be liquidated. Bitcoin’s value dropped below $110,000. In the last hour, Bitcoin prices took a hit after U.S. President Donald Trump made new tariff threats against China. He characterized the Chinese government as “very hostile” and expressed a long-held belief that they have been untruthful. […]
Trump declares full tariff on China due to rare earth restrictions
Trump Announces Tariff Increase on China President Trump declared on Friday that he would raise tariffs on China, aiming to respond to recent regulatory changes by the Chinese government concerning critical minerals and rare earth elements. In a message on Truth Social, he stated that starting November 1st, or possibly sooner, there will be a […]
Senate Passes ‘FIGHT China Act’ to Stop US Support for China’s Military Expansion
This week, the Senate approved two significant bills that aim to reshape the technology and security relationship between the U.S. and China, specifically limiting the flow of advanced research and federal funding to companies with ties to China. These measures are part of the National Defense Authorization Act (NDAA), a yearly defense policy bill that […]
Stocks decline as Donald Trump raises concerns about new tariffs on China
On Friday, stocks took a sharp downturn after President Trump indicated he might impose new “massive” tariffs on China, following Beijing’s announcement of new export control regulations. In a post, Trump mentioned that his administration is weighing various responses to China’s recent restrictions on rare metal exports. This includes potential “significant increases in tariffs on […]
China limits rare earth exports as Trump promises a strong reaction, escalating trade conflicts.
China Tightens Rare Earth Exports, Trump Responds President Donald Trump has indicated he might suspend upcoming discussions with Chinese President Xi Jinping following a “hostile” communication from China regarding plans to restrict rare earth mineral exports. On Friday, Trump resorted to Truth Social to share his thoughts on the situation, suggesting he’s contemplating “significant increases” […]
China Increases Restrictions on Rare Earths Before Trade Discussions with Trump
On Thursday, China’s Ministry of Commerce announced new restrictions on the export of rare earth minerals. These minerals are crucial for the production of semiconductors, electric vehicles, green energy technologies, and other significant advancements. Analysts view this decision as preparation for an impending trade discussion between Xi Jinping and Donald Trump. China is a dominant […]
Trump Claims He Has ‘No Reason’ to Meet Xi, Threatens Significant Tariff Increase on China
Trump Questions Meeting with Xi Amid Tensions On Friday, President Trump expressed doubts about the necessity of a meeting with Chinese President Xi Jinping, hinting at new tariffs on Chinese imports. This comes after China imposed new restrictions on rare earth minerals, escalating the ongoing tensions between the two economic powerhouses. Trump indicated on Truth […]
NBA Bows to Pressure, Will Host First China Games Since 2019 in Macao
NBA Returns to China with Caution The NBA is ready to kick off its first games in China since 2019, but it’s doing so with a new mindset aimed at appeasing the Chinese Communist Party. This shift comes after a significant fallout with Chinese authorities six years ago. The opening game will take place at […]
Trump warns about canceling meeting with Chinese President Xi Jinping and suggests imposing large tariffs on China.
Trump Cancels Meeting with Xi Amid Tariff Threats On Friday, President Trump announced the cancellation of a meeting with Chinese President Xi Jinping that was set for later this month. This decision comes as he threatens to impose significant new tariffs in response to China’s recent export restrictions. “Something very strange is happening in China!” […]
Dow drops 500 points following Trump’s criticism of ‘hostile’ China and warning of ‘huge’ tariffs
The U.S. stock market saw a sharp decline on Friday after President Trump accused China of blatant hostility regarding rare earth regulations. He hinted at potential “significant increases” in tariffs against the country. By around 12:25 p.m. ET, the Dow Jones Industrial Average had dropped by 518 points, translating to a 1.1% decline, while the […]