Latest News and Articles about Trade War
China Bans EU Medical Devices: Trade War Heats Up with Crypto Implications
China’s Ban on EU Medical Devices: Trade War Escalates with a Crypto Twist China has dropped a bombshell in its ongoing economic slugfest with the European Union, banning government procurement of high-value medical devices from EU manufacturers worth over 45 million yuan ($6.3 million). Unveiled on July 6 by China’s Finance Ministry, this move is […]
Read MoreEU Plans $113B Retaliatory Tariffs on US Amid Trade War Escalation
EU Escalates Trade War, Targets $113 Billion in US Goods with Retaliatory Tariffs The European Union is set to intensify its trade dispute with the United States, preparing to impose retaliatory tariffs on $113 billion worth of US goods. This move comes in response to the US’s imposition of a 25% tariff on European steel, […]
Read MoreTrump Highlights U.S.-China Communication Gap: Trade vs. Geopolitical Focus
Trump Reveals Communication Gap in U.S.-China Relations: Trade vs. Geopolitics Former President Donald Trump has highlighted a significant communication gap between U.S. and Chinese officials, pointing out that while U.S. officials are focused on trade deals and economic agreements, Chinese officials are more concerned with broader strategic and geopolitical issues. This discrepancy could complicate future […]
Read MoreChinese Stock Market Crashes: Trade War Sparks Global Economic Turmoil
Chinese Stocks Suffer Biggest Single-Day Loss Since 2007-2008 Financial Crisis The Chinese stock market experienced its most significant single-day loss since the 2007-2008 Global Financial Crisis, triggered by escalating trade tensions between the United States and China. This dramatic downturn followed President Trump’s decision to impose hefty new tariffs on Chinese imports, prompting swift retaliatory […]
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