🇨🇳 Will China bow to Trump’s new tariff threats?
Here’s why it might — and why it likely won’t. 👇
🔻 Why China could concede:
🔺 Why China won’t back down:
Here’s why it might — and why it likely won’t. 👇
🔻 Why China could concede:
• Economy is shaky — real estate slump, weak demand, deflation.
• High tariffs could hurt exports, jobs, and social stability.
• Still relies on access to U.S. market in key sectors.
• Markets react to geopolitics — a hardline stance could trigger sell-offs, weaken the yuan, and raise borrowing costs.
🔺 Why China won’t back down:
• Xi can’t appear weak — sovereignty is a red line.
• Trump-era deal fell apart — why trust again?
• High-tech sectors are strategic, non-negotiable.
• Can hit back with targeted retaliation (e.g. rare earths, US firms).
• Framing U.S. as bully may win points globally.
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U.S. Treasury Secretary Bessent:
China should not try to devalue their way out of this. They should come to the table.
China should not try to devalue their way out of this. They should come to the table.
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Bessent, asked about removing Chinese stocks from U.S. exchanges:
Everything’s on the table.
The decision is up to Trump.
Everything’s on the table.
The decision is up to Trump.
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China filed a new complaint to the World Trade Organization against further U.S. tariff measures.
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Germany's CDU will take economy and foreign ministries under coalition agreement with SPD, Reuters reports.
SPD will take finance and defense ministries.
SPD will take finance and defense ministries.
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NEW: Kyrgyz intelligence services have foiled an attempt to incite mass unrest and carry out a coup, the country’s State Committee for National Security says.
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JPMorgan CEO Dimon:
No defaults yet, but I expect them.
Recession is “likely outcome”.
No defaults yet, but I expect them.
Recession is “likely outcome”.
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Alongside hiking U.S. import tariffs to 84%, China also:
• Added 12 U.S. tech firms to its export control list.
• Blacklisted 6 American high-tech companies as “unreliable”.
• Filed another WTO complaint over the latest U.S. tariff hikes.
• Added 12 U.S. tech firms to its export control list.
• Blacklisted 6 American high-tech companies as “unreliable”.
• Filed another WTO complaint over the latest U.S. tariff hikes.
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Can Trump End the Tariff War?
Here’s why he might — and why he probably won’t.
🔽 Why He Could Give It Up
🔼 Why He Won’t Back Down
Here’s why he might — and why he probably won’t.
🔽 Why He Could Give It Up
• Economic pain: Higher prices, job losses, shrinking GDP
• Market pressure: Wall Street, exporters & consumers pushing back
• Political risk: Voter backlash in key states
• Deal-making: Might lift tariffs if he can claim a “win”
🔼 Why He Won’t Back Down
• Ideology: Tariffs are core to his “America First” playbook
• Base appeal: Seen as protecting U.S. jobs & hitting back at China
• Campaign promise: Central to his political identity
• Leverage: Believes tariffs get results — or at least headlines
• New normal: Wants 10% baseline tariffs as permanent policy
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Israeli security sources to media:
75% of Hamas tunnels are still operational.
Israel has only managed to destroy a quarter of them.
75% of Hamas tunnels are still operational.
Israel has only managed to destroy a quarter of them.
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U.S. Treasury Secretary Bessent:
We are overwhelmed with countries wanting to come to DC to negotiate, we have 70 lined up.
At the end of the day, we can probably reach a deal with our allies.
We are overwhelmed with countries wanting to come to DC to negotiate, we have 70 lined up.
At the end of the day, we can probably reach a deal with our allies.
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U.S. Treasury Secretary Bessent:
Europe would cut its own throat by aligning with China.
Europe would cut its own throat by aligning with China.
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U.S. Treasury Secretary Bessent:
China is the only country escalating.
China is the only country escalating.
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U.S. Treasury Secretary Bessent:
Companies tell me that the economy is very solid.
Companies tell me that the economy is very solid.
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BREAKING: EU adopts tariffs on €21 billion of US goods in metals dispute.
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U.S. Treasury Secretary Bessent:
U.S. could approach China as a group with allies.
U.S. could approach China as a group with allies.
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German coalition partners plan to create military service on a voluntary basis.
Source: Reuters
Source: Reuters
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German coalition partners have agreed to examine possible reactivation of some nuclear power plants.
Source: Reuters
Source: Reuters
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Future German coalition will deport people to Syria, starting with criminals and potentially dangerous people.
Source: Reuters
Source: Reuters
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Future German coalition will end all federal admissions programs for refugees and will not establish new programs.
Source: Reuters
Source: Reuters
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