China, Trump and Trade War
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W HEN HE FIRES his trade weapons at China, President Donald Trump often appears to shoot from the hip. Officials in Beijing, by contrast, are said to deliberate much more, convening high-level meetings among ministries and regulators to determine their country’s next steps.
Treasury Secretary Scott Bessent said he expects Trump and Chinese President Xi Jinping to still meet this month after Trump threatened to back out.
Beijing’s new export controls on rare earths are designed to force the U.S. to drop its own restrictions on selling advanced computer chips to China, analysts say.
21hon MSN
China vows to stand firm against Trump's tariff threat. He urges Beijing to be less confrontational
President Donald Trump says China should take a less confrontational approach to his threatened new tariffs, but he's not retreating from his demands
Stocks jumped Monday after President Trump said "all will be fine" with China, easing investor fears about his threat to add a new 100% tariff on the country's imports.
President Donald Trump called China's rare earth export controls a 'bad moment' as both countries navigate tensions over critical defense materials, and potential tariff increases.
And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China.