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Bill Ackman Proposes Gradual China Tariff Escalation To Push Fair Trade And Avoid Economic Shock: 'This Approach Would Incentivize Companies...'
Wednesday, May 7, 2025 - 6:29am | 630Read More...On Tuesday, billionaire investor Bill Ackman suggested that Donald Trump implement a gradual, escalating China tariff strategy to encourage fair trade negotiations and help U.S. companies adjust without triggering sudden economic disruption. What Happened: Taking to X, formerly Twitter, Ackman laid...
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China Warns US Not To Use 'Coercion And Extortion' Tactics Ahead Of Trade Talks In Geneva, Says Will 'Never Accept It' If Americans Use Dialogue As 'Smokescreen'
Wednesday, May 7, 2025 - 5:28am | 437Read More...As top officials from the U.S. and China prepare for the first major face-to-face negotiations amid the ongoing trade war this weekend in Geneva, Beijing has warned against any attempt to use dialogue as a tool of "coercion and extortion." What Happened: U.S. Treasury Secretary Scott Bessent and...
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Trade War Will Not Impact 'Growth Or Earnings Ahead,' Says Expert As China-US Hint At Initiating Negotiations
Wednesday, May 7, 2025 - 3:24am | 756Read More...Despite ongoing trade tensions between the U.S. and China, expert quotes the prevailing consensus that is anticipating minimal impact on future economic growth and corporate earnings. What Happened: This comes after the U.S. and China agreed to hold high-level trade talks in Switzerland this...
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Nvidia CEO Jensen Huang Says Losing Access To China's Potential $50 Billion AI Market Would Be A 'Tremendous Loss'
Tuesday, May 6, 2025 - 11:14pm | 682Read More...As tensions rise over U.S. chip restrictions, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang warns that cutting off access to China's booming AI market could hurt not just the company, but American jobs and innovation. What Happened: Speaking with CNBC on Tuesday, Huang addressed the company's $...
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Trump's Tariffs Hit Mattel's Barbies: Will Americans Pay 'A Couple Of Bucks More' As President Predicts?
Tuesday, May 6, 2025 - 11:19am | 994Read More...Toy company Mattel Inc (NASDAQ:MAT) beat analyst estimates for first-quarter revenue and earnings per share Monday. Attention now turns to the impact of President Donald Trump’s tariffs, with the company ready to raise prices ahead of Christmas. What Happened: Mattel posted first-quarter...
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Bill Ackman Says Inflation Has 'Largely Been Wrung Out,' Pushes For Temporary Pause On China Tariffs To Shield US Businesses
Tuesday, May 6, 2025 - 12:14am | 509Read More...Billionaire investor Bill Ackman believes inflation has largely been “wrung out of the economy” and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses. What Happened: The Pershing...
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US Lawmakers Urge SEC To Delist Chinese Companies Alibaba, XPeng, Baidu & More
Monday, May 5, 2025 - 12:28pm | 513Read More...On Friday, two senior U.S. lawmakers called on the U.S. Securities and Exchange Commission to delist 25 Chinese companies from U.S. stock exchanges, citing national security concerns over alleged military ties. The companies include Alibaba Group Holding Ltd. (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU...
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Amazon Rival PDD Holdings' Temu Halts China To US Shipments Amid Trump's 145% Tariffs: 'Actively Recruiting US Sellers'
Monday, May 5, 2025 - 6:37am | 546Read More...Chinese bargain retailer Temu has abruptly stopped shipping products directly from China to U.S. consumers as it confronts President Donald Trump‘s 145% tariffs and the end of a key import loophole that took effect Friday. What Happened: The e-commerce platform owned by PDD Holdings Inc. (...
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China Pushes For Special Envoys As Direct Deal With Trump Deemed 'Risky', Plans Fentanyl Concessions As Negotiating Leverage: Report
Monday, May 5, 2025 - 3:37am | 667Read More...The ongoing U.S.-China trade dispute may find resolution through the reported appointment of special envoys by Presidents Donald Trump and Xi Jinping. This could pave the way for better communication channels, analysts suggest. What Happened: The U.S. and China are grappling with how to...
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Trump Open To Extending TikTok Deadline, Says He Has 'Warm Spot' For The App
Monday, May 5, 2025 - 12:32am | 626Read More...On Friday, President Donald Trump said he would consider pushing back the June 19 deadline for ByteDance to sell TikTok's U.S. operations if a deal is not finalized in time. This marks the third time he's granted a reprieve to the short video app used by over 170 million Americans. What Happened:...
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Elon Musk Reacts After Ray Dalio Warns Of US Decline, US Retailers Push Chinese Suppliers To Resume Shipments And More: This Week In Economics
Sunday, May 4, 2025 - 10:07am | 520Read More...The weekend was a whirlwind of news, with Elon Musk’s reactions to Ray Dalio’s warning about U.S. decline and his mixed feelings about his first 100 days in office. Major U.S. retailers are pushing Chinese suppliers to resume shipments, while the Nasdaq has made a significant comeback....
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Can Trump Loyalist David Perdue Crack the China Code? Trump Ally Lands in Beijing Hot Seat
Saturday, May 3, 2025 - 3:48pm | 513Read More...David Perdue, a former U.S. senator from Georgia and close ally of President Donald Trump, has been confirmed as the next U.S. ambassador to China, stepping into a role that will test his political and diplomatic skills amid deepening tensions between Washington and Beijing. The Senate voted to...
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Nvidia Reportedly Designing New AI Chips For Alibaba, ByteDance, Tencent After Jensen Huang-Led Company Warned US Export Ban On H20 Could Cost $5.5 Billion
Friday, May 2, 2025 - 11:26pm | 572Read More...Nvidia Corporation (NASDAQ:NVDA) is reportedly developing redesigned artificial intelligence chips for major Chinese tech firms after warning that tightened U.S. export restrictions on its H20 chip could lead to multibillion-dollar losses. What Happened: Nvidia has informed key Chinese customers —...
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Warren Buffett Is Getting Richer In 2025 — And It's Not Because Of Apple: How One Chinese Holding Is Helping
Friday, May 2, 2025 - 2:49pm | 879Read More...Billionaire Warren Buffett has a long history of his Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) conglomerate outperforming the S&P 500, which is tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY). While many stocks are down in 2025, one of Buffett's top holdings is significantly...
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Nasdaq 100 Leads Wall Street Rally As China Signals Openness To Fentanyl Talks, Easing Trade Tensions
Friday, May 2, 2025 - 2:05pm | 756Read More...U.S. stocks powered higher Friday after signs emerged that China may be open to negotiating a resolution to the fentanyl crisis, signaling a potential softening of trade tensions with the U.S. and lifting investor sentiment. Sources close to the Wall Street Journal revealed that Wang Xiaohong,...
















