trade war

Amid the ongoing U.S.-China trade war, Chinese President Xi Jinping has embarked on a diplomatic tour of Southeast Asia, advocating for free trade and unity against “unilateral bullying.” What Happened: Xi Jinping reached Vietnam on Monday, marking the beginning of his diplomatic tour...

As tensions persist in the tariff dispute, President Donald Trump brushed off China's decision to limit the screening of American films. What Happened: The China Film Administration confirmed on April 10 that it would be reducing U.S. film imports, as reported by Variety on Thursday. This decision...

An old clip from The Men Who Built America is causing an uproar on social media as financial markets reel from Donald Trump's tariff policies. In the 2012 History Channel mini-series, Trump said, "I find that I do better in bad markets," adding that downturns create the best buying opportunities....

Bill Ackman, a prominent investor, expressed concerns over the U.S. tariff policies in a social media post on Sunday. Ackman highlighted the potential economic repercussions of escalating tariffs under President Donald Trump. What Happened: He said on X that while the nation supports the...

Bulls are storming back into markets with near-record inflows into stocks and gold, brushing aside concerns that trade tariffs could unleash an economic recession and a bear market on Wall Street. In a note shared Friday, Bank of America's chief investment strategist Michael Hartnett said U.S....

On Tuesday, Sen. Elissa Slotkin (D-Mich.), a freshman lawmaker, delivered the Democratic response to President Donald Trump's address to Congress. She is the youngest Democratic woman elected to the Senate. What Happened: Slotkin, who is a former CIA analyst, started the rebuttal by giving her...

The tariff war just escalated, and according to Bob Elliott, CIO at Unlimited Funds and former Bridgewater Associates' strategist, we’re staring at trade barriers that will soon surpass the Smoot-Hawley days. With today’s rollout of 25% levies on Canada and Mexico, plus another 10% on...

China has banned imports of genetic sequencers from Illumina Inc. (NASDAQ:ILMN), just minutes after U.S. President Donald Trump’s additional 10% tariff on Chinese goods took effect. China hit back at Trump's recent tariff hikes by placing its own tariffs on certain U.S. goods, sanctioning...

Apple Inc.'s (NASDAQ:AAPL) key supplier Foxconn, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF) is reportedly facing obstacles in expanding its operations in India as China tightens restrictions on technology and talent exports. What Happened: Chinese authorities have made it more...

China is looking to target U.S. tech companies in order to gain leverage in trade negotiations with U.S. President Donald Trump. What To Know: According to the Wall Street Journal, Chinese officials are building a list of U.S. tech companies that can be probed over antitrust concerns, including...

The Gold Spot US Dollar index reached a record high of $2,907 per ounce, on Monday, surpassing the U.S. equities by 1.6% over the past 24 years. This surge comes amid increasing market uncertainty driven by President Donald Trump's ongoing tariffs and trade negotiations. What Happened: Gold prices...

President Donald Trump announced plans to introduce reciprocal tariffs, further intensifying the ongoing trade war with the United States’ economic allies. What Happened: Trump revealed his intentions to implement reciprocal tariffs during a meeting with Japanese Prime Minister ...

Described by the management as the ‘strongest quarter ever,’ the shares of Uber Technologies Inc. (NYSE:UBER) plunged after its fourth-quarter earnings due to foreign exchange headwinds amid a stronger dollar and an earnings per share miss. What Happened: Uber missed its adjusted EPS of...

Bob Elliott, CIO at Unlimited Funds and former Bridgewater Associates’ strategist, is raising alarm bells over a massive, yet under-the-radar, $100 billion sell-off of U.S. bonds—right after the election. The acute sales by foreign central banks following the election was a likely warning...

In response to the United States’ unilateral decision to impose a 10% tariff on all Chinese goods, China has announced its intention to retaliate by imposing tariffs on certain US imports. What Happened: The State Council Customs Tariff Commission announced on Tuesday that it will be imposing...