Articles in this Cluster
21-04-2025
China warned countries against “appeasing” the US in trade talks amid President Trump’s sweeping tariffs, saying it will oppose any deals made at China’s expense and take countermeasures. The comments follow reports the US is pressuring nations to curb trade with China in exchange for tariff exemptions, as Washington launches negotiations with partners including Japan, South Korea, and India. Trump has imposed tariffs up to 145% on Chinese imports and a temporary 10% blanket tariff on others, while China retaliated with a 125% tax on US goods. Despite market turmoil and a partial 90-day pause for non-China tariffs, the administration says the measures will boost US manufacturing; critics argue reshoring is slow and economically disruptive. Countries like Japan and South Korea face difficult choices as they balance major economic ties with both the US and China.
Entities: China, United States, Donald Trump, tariffs, Japan • Tone: analytical • Sentiment: neutral • Intent: inform
21-04-2025
China warned it will retaliate against any country that aligns with U.S. efforts to restrict Beijing, amid escalating trade tensions. The Commerce Ministry condemned U.S. “abusive” tariffs and unilateral pressure, vowing reciprocal countermeasures if China’s interests are harmed. This follows the U.S. raising tariffs on Chinese goods to 145% and pressuring partners via tariff negotiations. China has responded with 125% tariffs on U.S. imports, export controls on critical minerals, and blacklisting some U.S. firms. President Xi urged Southeast Asian partners to oppose tariffs during recent visits, as China deepens regional trade ties and challenges U.S. measures at the WTO. Analysts see little chance of a near-term U.S.-China deal despite Trump’s optimistic timeline.
Entities: China, United States, Commerce Ministry of China, tariffs, Xi Jinping • Tone: urgent • Sentiment: negative • Intent: inform
21-04-2025
China warned countries against aligning with the United States to curb trade with Beijing amid an escalating tariff war. Following reports that the Trump administration is pressuring partners to limit dealings with China in exchange for tariff relief, China’s Commerce Ministry vowed reciprocal countermeasures against any deals made at its expense. The warning accompanies Xi Jinping’s outreach to Southeast Asia—signing cooperation agreements and promoting free trade—as Beijing seeks support while the US raises tariffs on Chinese imports to 145% and China retaliates. Many countries remain wary of both US pressure and the risk of being flooded with diverted Chinese goods, as well as China’s coercive trade practices and regional military assertiveness, limiting Beijing’s ability to build a broad counter-coalition.
Entities: China, United States, Xi Jinping, China’s Commerce Ministry, Southeast Asia • Tone: analytical • Sentiment: neutral • Intent: inform
21-04-2025
Tesla faces a “code red” moment as Trump’s 25% auto tariffs, rising China competition, and consumer backlash against Elon Musk’s close role in the Trump administration drive sales declines and a halving of the stock since December. While Tesla is less exposed to tariffs than rivals, impacts are still “significant,” and Musk risks alienating US and Chinese customers no matter how he positions on trade. Investors want clarity on tariff costs, China strategy, brand damage, and timelines for long-promised initiatives—robotaxis, a cheaper model, and humanoid robots—amid skepticism after missed milestones and Waymo/Uber’s progress in Austin. Analysts urge Musk to exit the government’s DOGE role and refocus on Tesla to stabilize demand and sentiment, calling China the linchpin for future growth.
Entities: Tesla, Elon Musk, Donald Trump, China, Waymo • Tone: analytical • Sentiment: negative • Intent: analyze
21-04-2025
At the IMF spring meetings in Washington, global finance ministers—including UK Chancellor Rachel Reeves—will seek to persuade the US to ease President Trump’s sweeping tariffs, which the IMF warns are stoking financial instability and slowing global growth. The IMF will downgrade its growth outlook and lift some inflation forecasts but stop short of predicting a recession. Managing director Kristalina Georgieva framed the trade tensions as a trust crisis without directly blaming the US, mindful of risks as the Trump administration reviews participation in institutions like the IMF and World Bank. The meetings hinge on how forcefully the IMF addresses US protectionism and whether countries can avert deeper fragmentation of the global economy.
Entities: International Monetary Fund (IMF), Rachel Reeves, United Kingdom, United States, Donald Trump • Tone: analytical • Sentiment: neutral • Intent: inform
21-04-2025
Global markets fell amid mounting concern that President Trump’s steep tariffs will curb growth. U.S. futures pointed lower after the holiday, Japan’s Nikkei dropped 1.2 percent, and Taiwan also declined, while Shanghai edged up. Oil slid further, reflecting weaker demand expectations, and the dollar hit multi‑year lows against the yen and euro as investors reassessed U.S. safe‑haven status. With tariffs as high as 145 percent on Chinese goods and tighter controls on critical tech trade, China retaliated with duties and export restrictions on key materials. Economists and the I.M.F. warned of slower growth and higher inflation, and investors are watching upcoming earnings from Tesla, Alphabet, and Intel for signs of impact.
Entities: President Trump, tariffs, China, International Monetary Fund (IMF), U.S. dollar • Tone: analytical • Sentiment: negative • Intent: inform
21-04-2025
Vice President JD Vance’s four-day visit to India, marked by warm public optics with Prime Minister Narendra Modi, has raised hopes in New Delhi that the U.S. will pause or mitigate steep “reciprocal” tariffs threatened by the Trump administration. Indian officials see the trip as a signal that Washington still aims to finalize a bilateral trade deal outlined in February, targeting $500 billion in trade by 2030. Both sides said negotiations are making “significant progress,” with expected give-and-take on defense co-production, Indian energy purchases, immigration enforcement, and Indo-Pacific security cooperation via the Quad. India has already eased some duties on U.S. goods amid uncertainty over Trump’s tariff stance. While the visit focuses on trade, unresolved tensions remain over student visa revocations and immigration enforcement. Trump is expected to visit India in the fall for a Quad summit.
Entities: JD Vance, Narendra Modi, United States–India trade deal, Trump administration tariffs, Quad (Indo-Pacific security forum) • Tone: analytical • Sentiment: neutral • Intent: inform
21-04-2025
China’s Ministry of Commerce condemned reported U.S. efforts to pressure other countries to curb trade with China in exchange for tariff relief, calling the approach “unilateral bullying” and “economic hegemony.” It warned that any deals made at China’s expense would be met with firm retaliation, likening the tactic to “bargaining with a tiger for its skin” that will backfire. Beijing urged countries to resist U.S. trade coercion and maintain a fair, rules-based global trading system.
Entities: China’s Ministry of Commerce, United States, Donald Trump, tariff relief, global trading system • Tone: analytical • Sentiment: negative • Intent: warn
21-04-2025
A Renmin University survey shows rising use of China’s yuan in cross-border payments amid heightened volatility and credibility concerns in the US Treasury market. The share of enterprises planning to increase yuan settlements climbed from about 21.5% in Q2 2024 to ~23% in Q4, reaching nearly 24% in Q1 2025; 68% use the yuan for trade settlement and 53% for FX trading. Economists say recent turbulence—exacerbated by US policy moves, including Donald Trump’s tariff plans—has weakened the US dollar’s dominance and created a favorable window for yuan internationalization, though not replacing the dollar outright. A Fudan University professor called the Treasury volatility a watershed, noting capital has not flowed to the US as in past shocks.
Entities: China’s yuan, US Treasury market, Renmin University, US dollar, Donald Trump’s tariff plans • Tone: analytical • Sentiment: neutral • Intent: inform
21-04-2025
Chinese scholars criticized US Council of Economic Advisers chairman Stephen Miran’s proposal that other countries either accept US tariffs or directly pay the US Treasury to compensate for American-provided “global public goods” like security and the dollar-based financial system. They warned the approach, framed as burden-sharing, is coercive, risks escalating Trump’s “reciprocal tariffs,” and could destabilize global finance. Renmin University’s Zhao Xijun called it “thuggish,” likening direct payments to extortion. The remarks, delivered at the Hudson Institute, fueled concern in China that Washington is using tariffs as leverage to extract financial concessions from other countries.
Entities: Stephen Miran, US Council of Economic Advisers, Donald Trump, Hudson Institute, Renmin University • Tone: analytical • Sentiment: negative • Intent: critique
21-04-2025
Chinese stocks gained for the first time in a week on expectations Beijing will roll out more stimulus to counter escalating US-China trade tensions. The CSI 300 rose 0.2% and the Shanghai Composite 0.3%, led by tech and EV-related names like Cambricon, Hygon, and CATL, while consumer and property stocks lagged. Hong Kong markets were closed for Easter. Despite leaving benchmark lending rates unchanged, investors anticipate accelerated bond issuance and fiscal spending, with banks like UBS, Goldman Sachs, and Nomura forecasting more policy support even as they trim China growth outlooks.
Entities: CSI 300, Shanghai Composite, Beijing, US-China trade tensions, Cambricon • Tone: analytical • Sentiment: neutral • Intent: inform
