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In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between the U.S. and China. He also pledged economic support to LatAm and Caribbean countries and called for the region to...

In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to boost Apple’s investment in U.S. operations. “I...

The 145% tariff on Chinese imports, previously imposed by President Donald Trump, has reportedly put Walmart and Target supplier’s Huntar Company Inc.’s factory in China at risk of shutting down. What Happened: The tariff, which was effective from April 9, has caused a significant...

Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...

Piper Sandler analyst Harsh Kumar has projected a potential data center annual revenue loss of $9.8 billion for Nvidia Corp. (NASDAQ:NVDA) due to a slowdown in capital expenditure (capex) and an ongoing decoupling from China. What Happened: Kumar’s latest sensitivity analysis indicates a...

Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened:  During an interview with Yahoo Finance at the Milken...

In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened:  China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...

In a potential move towards de-escalation, China’s Commerce Ministry is said to be ‘assessing’ a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump. What Happened: The U.S. has extended an olive branch to Xi Jinping‘s China, proposing talks...

United Parcel Service Inc. (NYSE:UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ:AMZN), its primary client, and the ongoing...

Treasury Secretary Scott Bessent has called on China to take proactive steps towards easing trade tensions while expressing optimism over trade deals with other countries. What Happened: Bessent pointed out China’s higher export rate to the U.S. as a key factor contributing to the...

The U.S. retail sector is facing potential shortages in key consumer product areas as the ongoing trade war with China leads to a decrease in manufacturing orders and freight bookings, pushing the national supply chain towards a critical point. What Happened: The U.S. supply chain is nearing a...

The United States can explore multiple options to establish a domestic supply chain for rare earths within the next five years to replace China’s global monopoly. However, industry experts warn that the process is fraught with challenges. What Happened: The U.S. possesses the majority...

China’s Ministry of Commerce has dismissed rumors of ongoing trade discussions with the United States, labeling such claims as unfounded. What Happened: The Chinese Ministry of Commerce on Thursday, has denied any ongoing bilateral trade negotiations with the U.S.. The ministry stressed that...

President Donald Trump has declared a significant reduction in the high tariffs placed on Chinese goods, although they will not be completely abolished. What Happened: At a White House press conference on Tuesday, Trump addressed earlier remarks made by Treasury Secretary Scott Bessent, who had...