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X @The Economist
The Economist· 2025-08-07 03:00
In many countries the custom of paying a “bride price” has faded as people have become richer. Not in China, where the practice remains deeply entrenched https://t.co/2Z9tbEuYx8 ...
X @Bloomberg
Bloomberg· 2025-08-07 02:58
President Donald Trump said he could punish China with additional tariffs over its purchases of Russian oil, though one of his top advisers played down the likelihood https://t.co/gEY26AYSNG ...
X @BBC News (World)
BBC News (World)· 2025-08-07 01:28
Rayner asks China to explain redacted embassy plans https://t.co/VpJERobo9h ...
Trump Says US Close to Trade Deal With China
Bloomberg Television· 2025-08-06 11:42
Trade continues to dominate the headlines, with President Trump threatening new or higher levies on countries and products while some U.S. partners continue negotiating better deals. Swiss President Karin Keller-Sutter is in Washington pushing to lower the 39% tariff imposed last week. Japan's chief negotiator is also traveling to the US in pursuit of promised cuts to auto tariffs.Meanwhile, Trump says he'll announce levies on pharmaceutical and chip imports in the next week or so. He's also threatening inc ...
Former New Hampshire Gov. Chris Sununu on Trump tariffs: Uncertainty is driving supply chain issues
CNBC Television· 2025-08-06 11:32
Market Trends & Uncertainty - Potential for significantly raising tariffs on India is causing widespread concern and driving supply chain issues [1] - Businesses are facing uncertainty due to tariffs, impacting their ability to stabilize costs and pricing [2][3] - The uncertainty surrounding tariffs may lead to a cost increase, potentially resulting in a 0.5% to 0.7% increase in inflation over the next one to two years [3] - Stockpiling has delayed the impact of tariffs, but businesses are now working through reserves [5] - Long-term uncertainty regarding final tariff amounts could extend cost increases, inflationary pressures, and supply chain problems into the future [15] Geopolitical & Economic Impact - India is considered a crucial ally, and potential tariff increases are particularly concerning [6] - China is investing in technology and infrastructure due to anticipated population decline [7] - A weak US dollar is a concern not only for the US but also for the rest of the world, with some funds hedging away from the dollar [11] - Other countries want the US to be strong, recognizing that a weak America poses a global problem [10] Policy & Legal Considerations - The legality of the emergency acts used for tariffs is being challenged and may go to the Supreme Court, creating further uncertainty [17] - Deals with the EU, France, and Germany are considered solid [9] - The EU is delaying its response to US tariffs, hoping for a better outcome [13] - There are disagreements regarding the specifics of deals, such as the allocation of 600 to 650 billion dollars [14]
X @Bloomberg
Bloomberg· 2025-08-06 07:50
Trade Investigation - China extends beef import probe until late November [1]
X @Bloomberg
Bloomberg· 2025-08-06 06:44
Geopolitical Strategy - China views the US-China trade dispute as an opportunity to gain global support [1] - Beijing aims to counter the Trump administration's plans to monitor high-end chips [1] Technology Sector - The focus is on high-end chips and their tracking [1]
X @Bloomberg
Bloomberg· 2025-08-06 06:02
Geopolitical Landscape - The US has initiated discussions with the Cook Islands regarding the development of seabed mineral resources [1] - This development occurs shortly after the Cook Islands formalized cooperation agreements with China, including exploration for undersea deposits [1]
X @外汇交易员
外汇交易员· 2025-08-06 02:32
Geopolitical Landscape - The U S State Department has initiated negotiations with the Cook Islands regarding deep-sea mineral exploration and development research [1] - In February, China and the Cook Islands signed a series of agreements covering infrastructure, shipbuilding, tourism, agriculture, technology, education, and deep-sea mineral exploration [2]
X @Bloomberg
Bloomberg· 2025-08-05 21:19
Trump suggested he would impose increased tariffs on additional countries buying energy from Russia, including China https://t.co/oanmvuK2vN ...