US Edition
Trump says 'We're in one now' about a trade war with China
President Trump confirmed plans to increase tariffs to 100% on Chinese goods starting Nov. 1, citing national security and recent export restrictions by China.
- President Donald Trump stated he views the U.S. as engaged in a trade war with China, highlighting tensions over tariffs and critical minerals.
- Treasury Secretary Scott Bessent suggested a possible extension of a tariff pause on Chinese goods if China stops its export control plans on rare-earth elements.
- Trump threatened to impose an additional 100% tariff on Chinese goods by November 1 and mentioned possible cancellation of a meeting with President Xi Jinping.
- Bessent criticized Chinese Vice Commerce Minister Li Chenggang for his comments about U.S. port fees and predicted a coordinated response from the U.S. and allies to China's moves regarding the trade conflict.
63 Articles
63 Articles
Pioneer Press
Trump declares US-China trade war, Bessent floats long truce
By Daniel Flatley and Jennifer A. Dlouhy, Bloomberg News WASHINGTON — President Donald Trump said he saw the U.S. as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a longer pause on high tariffs on Chinese goods to resolve a conflict over critical minerals. Related Articles What to know about deporting family members of US troops How the government shutdown is thwarting efforts …
LARRY KUDLOW: China going rogue is gonna hurt them a whole lot more than us
The long and the short of the U.S.-China fisticuffs is that no trade barriers are coming down, and no new trade openings are popping up. China has gone rogue by putting export controls for rare earths and other commodities on the entire world. And of course, the U.S. has got to punch back. Scott Bessent is right, China is a command-and-control economy, and our allies will neither be commanded nor controlled.Rare earth deals were struck in variou…
Donald Trump said that the United States is at a commercial war with China. This sentence, pronounced in Washington, marks an intensification of economic tensions. As a result, the markets have wavered. The Bitcoin, particularly sensitive to geopolitical upheavals, has plunged. This statement comes as the administration targets Chinese technological imports, directly threatening the mining industry. The American commercial offensive is now takin…
President Trump Confirms Ongoing Trade War with China
Recent tensions between the United States and China have intensified the global economic landscape, influencing not only traditional markets but also the booming cryptocurrency sector. Following President Donald Trump’s public threat of implementing a 100% tariff on Chinese imports, financial markets, including Bitcoin and other digital assets, experienced noticeable fluctuations amid fears of trade escalations and geopolitical instability. This…
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