Articles in this Cluster
11-04-2025
China, a crucial market where U.S. films can earn about 10% of their gross, may reduce or block American movie imports amid escalating U.S.-China trade tensions and higher U.S. tariffs. China’s Film Administration said it would “moderately reduce” U.S. film imports, and influential voices tied to the ruling party have floated broader restrictions. Such moves could squeeze Hollywood revenues, forcing studios to trim budgets and potentially impacting production, especially as the industry is still recovering from strikes and the pandemic. The tariff dispute—intensified by the U.S. raising tariffs on Chinese goods to 125%—has prompted warnings that global market pullbacks could further dampen moviegoing and streaming demand.
Entities: China, U.S. film industry, Hollywood, China’s Film Administration, U.S.-China trade war • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
China announced it will raise tariffs on U.S. goods from 84% to 125% starting Saturday, escalating the trade war in response to recent U.S. tariff hikes. China’s Commerce Ministry criticized U.S. actions as violating international trade rules and filed another WTO complaint. Beijing said further U.S. tariff increases would be economically meaningless and vowed to counter if its interests are substantially harmed. Markets fell on the news, with analysts warning of heightened recession risks. Despite President Trump pausing “reciprocal tariffs” on many countries for 90 days, analysts doubt near-term progress in U.S.-China negotiations due to deep mistrust and geopolitical tensions.
Entities: China, United States, tariffs, World Trade Organization (WTO), China’s Commerce Ministry • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
China raised tariffs on U.S. goods to 125% in response to U.S. measures that now bring effective tariffs on Chinese imports to 145%. Beijing said further hikes would be pointless and signaled it may ignore additional U.S. increases, while refraining from new export controls or adding U.S. firms to its unreliable entity list. Both sides appear to have reached a ceiling on tariff escalation, with no negotiations in sight and concerns about damage to economies and global supply chains. China reiterated willingness to negotiate on equal footing, while U.S. officials criticized Beijing. Goldman Sachs cut China’s 2025 GDP forecast to 4%, citing trade tensions, and China warned it would continue to counter if its interests are infringed. Xi Jinping stressed there are no winners in tariff wars during talks with Spain’s prime minister.
Entities: China, United States, tariffs, Goldman Sachs, Xi Jinping • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
Trump trade adviser Peter Navarro urged Americans to buy stocks, saying proposed broad tax cuts and new trade deals will lift markets, despite recent volatility tied to tariff fears. He downplayed a sharp sell-off as a “normal retracement,” arguing losses are only on paper if investors don’t sell, and predicted a bullish market, even forecasting the Dow at 50,000 by the end of Trump’s term. Navarro criticized JPMorgan’s Jamie Dimon, who warned of economic turbulence from tariffs, inflation, and high deficits, even as JPMorgan reported strong earnings. Markets had swung after Trump paused universal tariffs (excluding China) for 90 days, while simultaneously raising duties on Chinese imports.
Entities: Peter Navarro, Donald Trump, Dow Jones Industrial Average, tariffs, China • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
CNN’s town hall with four swing-district House members—Republicans Mike Lawler (NY) and Ryan Mackenzie (PA), and Democrats Jahana Hayes (CT) and Derek Tran (CA)—previewed looming budget fights and 2026 midterm dynamics. Key points:
1) Tariffs: Democrats Hayes and Tran offered nuanced critiques, saying tariffs can be useful but argued Trump’s universal approach is haphazard and harmful. Republicans were more supportive but not fully uncritical.
2) Immigration and due process: Hayes said she regrets voting for the GOP’s Laken Riley Act, citing due process concerns. Lawler backed facilitating the return of a Maryland man mistakenly deported, aligning with the Supreme Court’s view.
3) Spending and DOGE: GOP freshman Mackenzie cautioned that the Musk-led Department of Government Efficiency is moving “too fast, too quickly,” signaling Republican unease with the pace of cuts.
4) Education and federal role: The group clashed over the future of the Department of Education and broader federal spending priorities, reflecting party divides without full partisan lockstep.
Overall, the lawmakers balanced district pragmatism with party positions, signaling fractures over tariffs, immigration enforcement, and aggressive cost-cutting as Congress advances Trump-aligned budget plans.
Entities: Mike Lawler, Ryan Mackenzie, Jahana Hayes, Derek Tran, tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
Financial markets doubt the Trump administration can finalize dozens of complex trade agreements within a 90-day pause on steep new tariffs. Stocks have swung wildly, with multiple 1,000-point Dow moves in a week and the S&P 500 suffering its worst weekly drop since 2020 before rebounding. Clarification that China faces a 145% tariff, not 125%, deepened volatility. Unusually, US Treasury prices fell amid the turmoil, signaling waning confidence in US trade policy and concerns the US could be hurt more than targeted countries. A brief rally followed signals from the Fed that it would support markets, but overall sentiment remains skeptical and fragile.
Entities: Donald Trump, US Treasury, Federal Reserve, China, S&P 500 • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
A Chinese Foreign Ministry spokesperson posted a video on X featuring Mao Zedong vowing China wouldn’t back down to the U.S. during the Korean War. CNN’s Jim Sciutto says the message signals Beijing’s resolve in the current US-China trade war, framing it as a test of endurance and national will rather than just economic policy, and suggesting China intends to project toughness and resist U.S. pressure on tariffs and trade.
Entities: China, United States, Mao Zedong, Chinese Foreign Ministry, CNN • Tone: analytical • Sentiment: neutral • Intent: analyze
11-04-2025
US President Donald Trump said his tariff strategy is “doing very well” and progressing quickly despite a slumping dollar and volatile markets, and he remains optimistic about a China deal, according to the White House. China announced a tariff hike on US goods to 125% and filed an additional WTO complaint. The EU warned it will defend its economy if the US doesn’t shift course, while WTO leaders called for rapid reform to preserve global trade rules. The UN’s trade agency cautioned that the escalating US-China trade war could cut global trade by 3–7%, shrink GDP by 0.7%, and be “catastrophic” for developing countries. Financial markets reacted with the dollar hitting a three-year low against the euro, gold surging past $3,200/oz, and stocks swinging sharply. Taiwan said it is in the first group for US tariff talks to mitigate impacts. An EU–China summit is planned for July.
Entities: Donald Trump, China, World Trade Organization (WTO), European Union (EU), United Nations Conference on Trade and Development (UNCTAD) • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
The EU, led by Ursula von der Leyen, is moving to reshape its trade posture as President Trump overhauls global rules with sweeping tariffs. While seeking a deal with the U.S., Europe is simultaneously diversifying: accelerating trade talks with partners like Mexico, India, South Korea, South Africa, Central Asia, the UAE, and coordinating with Canada. Brussels aims to reduce dependence on the U.S., strengthen internal market integration, and reform the WTO. A key focus is guarding against Chinese dumping as U.S.-China tariffs escalate; the EU has set up an import surveillance task force and is pressuring Beijing for structural changes. Despite U.S. threats over EU deal-making and Europe’s continued reliance on American security support, the bloc is positioning itself to shape—rather than be shaped by—the next global trading order.
Entities: European Union, Ursula von der Leyen, Donald Trump, World Trade Organization (WTO), China • Tone: analytical • Sentiment: neutral • Intent: analyze
11-04-2025
The article argues that President Trump’s unilateral, sweeping tariff moves mark a historic break from over two centuries of U.S. trade policymaking, which traditionally centered on Congress and, since the 1930s, on a bipartisan push toward lower tariffs. Dartmouth historian Douglas Irwin calls the shift “a big break with history,” noting it’s happening in peacetime without broad public consensus. Markets have swung sharply with Trump’s on-again, off-again tariff announcements, and while a brief delay eased recession fears, economists still see significant risk. China has retaliated strongly, and the EU is pausing its response for 90 days. Congressional pushback faces long odds given emergency powers and veto barriers. The piece situates today’s actions in the shadow of Smoot-Hawley, warning of economic damage and destabilizing geopolitical knock-on effects reminiscent of the 1930s, with experts cautioning that rising trade barriers can reshape alliances, supply chains, and global power dynamics in ways unfavorable to the U.S.
Entities: Donald Trump, United States Congress, China, European Union, Smoot-Hawley Tariff • Tone: analytical • Sentiment: negative • Intent: warn
11-04-2025
The article argues that President Trump’s brief pause on some tariffs amid market turmoil signaled a political limit that China’s leader Xi Jinping can exploit. While Trump is sensitive to financial markets and elite pressure, Xi is portrayed as more willing to impose and endure hardship to pursue strategic goals, drawing on China’s history of austerity and nationalism. Xi’s record—from “zero Covid” to resistance to consumer stimulus—shows a tolerance for economic pain, though he must avoid threatening party legitimacy. Nationalist sentiment in China supports a hard line, and open business dissent is absent. The standoff may hinge on which leader can sustain domestic costs longer; Trump’s market sensitivity contrasts with Xi’s controlled, endurance-focused approach.
Entities: Donald Trump, Xi Jinping, U.S.-China tariffs, financial markets, nationalism in China • Tone: analytical • Sentiment: neutral • Intent: analyze
11-04-2025
The episode covers two major stories: the Trump administration’s plan to list certain migrants in Social Security’s “death master file,” effectively cutting them off from financial services as part of a broader pressure campaign to spur “self-deportation,” and China’s sharp escalation in the trade war by raising tariffs on U.S. imports to as high as 125%, a move that threatens U.S. farmers and intensifies economic tensions. It also briefly notes a Supreme Court ruling siding with a wrongly deported migrant, insights into why Iran’s supreme leader agreed to nuclear talks with the U.S., the end of the search after a deadly building collapse in the Dominican Republic, and the Academy’s decision to honor stunt design at the Oscars.
Entities: Trump administration, Social Security Death Master File, China, U.S. tariffs, U.S. farmers • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
China raised tariffs on US goods to 125%, matching a hike announced by the Trump administration, and said it will ignore any future US increases, calling them economically meaningless. Beijing warned it will still take countermeasures if US actions substantially harm China’s interests. Currently, the US has imposed an effective duty of about 156% on Chinese imports, while China’s new tariffs on US goods stand at 125%, reflecting continued escalation in the trade dispute.
Entities: China, United States, tariffs, Trump administration, South China Morning Post • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
Amid escalating US-China tariffs, Chinese social media is seeing a surge of patriotic and anti-American sentiment. Some business owners are posting notices pledging to stop selling American goods or to charge American customers extra fees mirroring US tariffs, such as a Wuhan shop announcing a 104% surcharge. Nationalistic content, including Mao Zedong clips and patriotic films, is circulating widely, along with a song condemning US tariffs. These moves are drawing mixed reactions online but reflect a broader public backlash as state media adopts defiant rhetoric and Beijing signals readiness to “strike back.”
Entities: US-China tariffs, Chinese social media, patriotic sentiment, anti-American sentiment, Wuhan shop • Tone: analytical • Sentiment: negative • Intent: inform
11-04-2025
China’s Semiconductor Industry Association clarified that a chip’s place of origin is determined by the location of its wafer fabrication plant, regardless of packaging. The move, aligned with customs rules, is expected to steer chip designers toward domestic foundries like SMIC and Hua Hong—whose shares jumped—potentially undermining U.S. efforts to reshore manufacturing. Analysts say the change could raise costs for chips made in U.S. fabs and encourage production outside the U.S. The decision comes amid escalating tariffs, with China lifting duties on U.S. goods to 125% to match U.S. measures.
Entities: China Semiconductor Industry Association, wafer fabrication plant, SMIC, Hua Hong, United States • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
The US has sharply increased tariffs on Chinese imports amid a rapid tit-for-tat escalation. Since January, President Trump has imposed a combined 145% in new duties—125% “reciprocal” tariffs plus two earlier 10% hikes tied to fentanyl accusations. When added to preexisting tariffs from before his second term, the effective total tariff burden on Chinese goods is now about 156%, according to the SCMP’s calculation. China has responded by raising tariffs on US goods by 125% in the past two weeks, not counting earlier measures.
Entities: United States, China, Donald Trump, South China Morning Post (SCMP), tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
Hong Kong’s innovation chief Sun Dong said several mainland Chinese companies listed on Nasdaq have approached the government amid escalating US-China trade tensions, including sharply higher tariffs and possible US delistings. He urged Hong Kong to capitalize on the moment by highlighting its freedoms, openness and international profile, and lawmakers proposed a “green lane” to fast-track listings of high-quality Chinese tech firms to boost the city’s stock market and tech development.
Entities: Hong Kong, Sun Dong, Nasdaq, US-China trade tensions, tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
The US issued a new executive order, “Restoring America’s Maritime Dominance,” easing an earlier plan to impose steep per-call fees on China-linked vessels but signaling tougher measures ahead against China’s shipbuilding influence. The order directs the USTR to consider broad tariffs on ship-to-shore cranes and cargo-handling equipment tied to China, including items with Chinese-made components or produced by China-influenced firms anywhere. This could hit most US ports, as China’s ZPMC holds about 70% of the global STS crane market and supplied roughly 80% of US orders in 2024. The move adds uncertainty to global shipping amid ongoing US-China trade tensions.
Entities: United States, China, Restoring America’s Maritime Dominance, USTR, ZPMC • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
At Turkey’s Antalya Diplomacy Forum, world leaders and diplomats urged greater inclusion of the Global South in global decision-making and pushed for renewed diplomacy amid escalating geopolitical rifts, including the US-China trade war and conflicts in Gaza and Ukraine. Speakers, including Indonesia’s President Prabowo Subianto, China’s Middle East envoy Zhai Jun, and UN General Assembly President Philemon Yang, emphasized the need for bilateral and regional engagement, support for a two-state solution in Gaza, and reforms to better reflect emerging economies. Turkey’s vice-president Cevdet Yilmaz warned that intensifying economic rivalry—highlighted by retaliatory US-China tariff hikes—now poses a greater threat than military challenges, risking global supply chains and weakening international cooperation.
Entities: Antalya Diplomacy Forum, Global South, US-China trade war, Gaza conflict, Ukraine • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
China’s Foreign Ministry announced that President Xi Jinping will visit Vietnam, Malaysia, and Cambodia next week—his first overseas trip of the year—as Beijing seeks to deepen ties with Southeast Asia amid an escalating tariff war with the U.S. While China vows to counter U.S. tariffs, ASEAN economic ministers signaled they won’t retaliate and prefer constructive dialogue with Washington. Beijing aims to position itself as a reliable partner for the region, emphasizing close neighborhood diplomacy and a shared destiny with Southeast Asia.
Entities: Xi Jinping, China, United States, ASEAN, Vietnam • Tone: analytical • Sentiment: neutral • Intent: inform
11-04-2025
President Trump’s sweeping 145% tariffs on all Chinese imports amount to a near-embargo, hitting Beijing as it grapples with a faltering economy marked by a property slump, high youth unemployment, weak consumer spending, and deflation risks. China responded with an 84% tariff on all U.S. goods. The move threatens one of China’s few recent growth pillars—exports—intensifying economic pressure and escalating a broad trade confrontation with global ripple effects.
Entities: Donald Trump, China, United States, tariffs, Beijing • Tone: analytical • Sentiment: negative • Intent: inform
