Topic
Business US China

Trump threats slam Asian markets

1m

Asian stock markets tumbled after U.S. President Donald Trump threatened 100% tariffs on Chinese imports and Beijing warned it would retaliate, prompting investor sell-offs across the region.

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justinwolfers.bsky.social
There's a decent chance that the Supremes will strike down Trump’s extra special brand new 100% China tariff, as unconstitutional. And so it's doubly notable how much markets panicked, given the (roughly) 50% chance it won’t happen. The market drop understates the damage Trump's trying to inflict.
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justinwolfers.bsky.social
The Trump-China trade relationship reminds me of my middle school love life: On one week, off the week, high drama, passing notes, heartache, renewal, gossip, and we did it all again the next week.

The reality, of course, is that despite the drama, no-one was making long-term commitments.
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Reposted by Jože P. Damijan

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aligarciaherrero.bsky.social
Mi entrevista sobre la crisis de confianza entre EE.UU y #China después de que China reforzara los controles a la exportación de tierras raras y #Trump respondiera con dureza.

www.youtube.com/watch?v=gA5r...
ALICIA GARCÍA-HERRERO: “China está apretando a Trump para que no ceda con Taiwán"
YouTube video by Negocios TV
www.youtube.com
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elerianm.bsky.social
President Trump on the rising trade tensions with China:

#economy #markets #trade #tariffs #china
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aligarciaherrero.bsky.social
Se l’incontro tra #Xi e Trump dovesse saltare potrebbe ripartire l’escalation, ma il presidente americano ha bisogno di un accordo.
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