Tariffs
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X @Ash Crypto
Ash Crypto· 2025-10-10 23:48
In few days 🇺🇸 Trump will post “ Had great call with President of China, our relation is stronger than ever, We have reached a deal and Tarrifs are canceled ”Markets will explode to new highs.Stop panicking. Q4 will be Bullish. ...
X @Investopedia
Investopedia· 2025-10-10 22:30
The major U.S. equities indexes dropped Friday afternoon, wiping out early gains after President Trump threatened "massive" tariffs against China. https://t.co/iGdBe8A42a ...
Crypto prices plunge as Trump hits China with 100pc tariffs
Yahoo Finance· 2025-10-10 22:26
Group 1: Tariff Announcements and Market Reactions - Donald Trump announced a new 100% tariff on Chinese goods, effective November 1, which would increase the total tariff rate to approximately 130% [30][31][32] - Following the tariff announcement, US stocks experienced significant declines, with the S&P 500 dropping 2.71%, marking its worst trading day since April [4][34] - The Nasdaq fell by 3.56% and the Dow Jones Industrial Average decreased by 1.9%, reflecting broader market fears regarding the potential escalation of the US-China trade war [3][35] Group 2: Cryptocurrency and Commodity Impact - Cryptocurrencies plummeted in value, with Bitcoin falling over 10% to below $110,000 before recovering slightly, while Ethereum dropped by 11.2% [5][24] - Soybean prices fell by 1.9% to $10.0275 per bushel, as investors anticipated reduced Chinese purchases of US soybeans due to the trade tensions [25][26] - The US dollar weakened by 0.69% against a basket of currencies, indicating market uncertainty following the tariff threats [29] Group 3: Rare Earths and Export Controls - China's recent export controls on rare earth minerals have raised concerns in the US, as China produces approximately 90% of the world's rare earths, critical for various industries [12][13] - Trump criticized China's export restrictions, stating that the US would impose export controls on "critical software" in response [9][32] - Analysts suggest that the US's reliance on Chinese rare earths could undermine its manufacturing base and economic growth, particularly in AI development [46][47] Group 4: Market Sentiment and Future Outlook - Market analysts express concerns that the renewed trade tensions could lead to a recession in the US, with the potential for higher inflation due to increased import costs [72] - The volatility in the stock market has led to a surge in the "fear index," indicating heightened investor anxiety regarding the economic outlook [71] - Some analysts believe that the current situation may be a negotiating tactic by the Trump administration, but the risk of retaliation from China remains significant [16][47]
Trump Says U.S. Will Impose 100% Tariffs Against China Following Mineral Trade Dispute
Forbes· 2025-10-10 22:00
Group 1 - Trump announced new tariffs on China, set to begin on November 1st, 2025, or sooner depending on China's actions [1] - The new tariffs will be in addition to existing tariffs that China is already paying [1] - Export controls will be implemented on all critical software starting November 1 [1]
Stock market jitters are justified given China tariffs: Longview Global's McNeal
CNBC Television· 2025-10-10 21:56
Geopolitical & Economic Strategy - China's actions, including enhanced export controls, suggest a long-term plan for maximum leverage against the US [2] - China aims to break the US chokehold on critical minerals, indicating a strategic focus on resource control [4] - China's increased gold holdings may be intended to back its currency and diversify away from the US dollar [6] - China is asserting its role in the world and demonstrating its ability to challenge the US, which has long-term diplomatic implications [8] Trade & Tariffs - Existing tariffs, specifically the IEPA fentanyl tariffs at 20%, are a point of contention for China [7] - China may be trying to maximize leverage in trade negotiations with the US, potentially related to a meeting on the margins of APAC [6] - China desires the removal of export controls, particularly those affecting access to advanced chips [7] Sector-Specific Impact - China's policies could significantly impact sectors dependent on upstream supply chains, such as the chip industry [3]
Xi-Trump meeting could still happen and tariffs are ony threats now, says PNC's Yung-Yu Ma
CNBC Television· 2025-10-10 21:38
Again, Young Yuma, as I said, of PNC is with us. We're going to close either at the lows or certainly near the lows. We're down by Wow, it's hard to even We haven't seen this in a while.I think that's why it's a little jarring for people. You're down 800 points on the NASDAQ, 3.5% and down almost 900 on the Dow. Young, >> these are big numbers.It is jarring. This is a sea of red out there. But I think it's important amid this pullback and this downturn to keep two things in mind.One is that President Trump ...
Dow sinks over 870 points, Nasdaq and S&P 500 clobbered as Trump threatens more tariffs of China
Yahoo Finance· 2025-10-10 21:31
[Music] That's closing bell on Wall Street and now it's market domination overtime. We're giving you full coverage of all the moves to get you up to speed on the action from today's trade. Yahoo Finance is Jared Blickery joining us now with the latest market action.Jared, Josh, I haven't seen this in a while. Let's take a look at the Dow on the Wi-Fi Interactive. You're going to see it's down over 870 points, 1.88%.S&P 500 hasn't had a 2% down day since uh some of those April lows and we are down 2.7% right ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-10-10 21:19
JUST IN: #BITCOIN FALLS BELOW $109,000 AS US ANNOUNCES 100% TARIFFS ON CHINA 🇨🇳HODL ✊ https://t.co/JddDFm801z ...