President Donald Trump announced Wednesday a 90-day suspension of certain targeted tariffs for all countries except China, which will now face a sharply increased tariff of 125%. The move marks the latest escalation in a trade saga that has shaken global financial markets for over a week. The blanket 10% U.S. tariffs on nearly all…
China’s top leadership is set to convene a high-level meeting as early as Wednesday to discuss urgent measures aimed at boosting the domestic economy and stabilizing capital markets, according to sources familiar with the matter. The gathering comes in response to intensifying trade tensions with the United States. The planned meeting follows the U.S. decision…
Oil prices dropped sharply on Monday during a volatile trading session, as President Trump threatened to impose additional tariffs on China—rattling markets and dragging down stocks. West Texas Intermediate (CL=F) futures briefly dipped below $60 per barrel for the first time since 2021, before recovering slightly to close at $60.70. Brent crude (BZ=F), the global…
