China fires back at Trumpâs 100% tariff threat
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President Donald Trump reiterated his plan to hit China with a 100% tariff but also said there was an âeternityâ until the Nov. 1 deadline for the tariff imposition.
Donât worry about China, it will all be fine! Highly respected President Xi just had a bad moment,â Trump wrote on Truth Social on Sunday. âHe doesnât want Depression f
Stocks in the United States recovered from their worst decline in months, after President Trump softened his tariff threat on China. But markets in Asia dropped.
What set off Wall Streetâs âfear gauge,â and how did Deltaâs earnings affect airline stocks? Plus, how did markets react to AMDâs partnership with OpenAI? I discuss the biggest stock moves of last week and the news that drove them.
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Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
The notional $1,000- $2,000 tariff-revenue checks may be comparable in dollar amount to Bidenâs stimulus checks, but Covid dollars and todayâs dollars are much different due to the high inflation thatâs occurred in recent years, outpacing wage growth.
China's trade grew faster than expected last month, official data showed Monday, though fresh fears are rising of a major escalation in the tariff war between Beijing and Washington.