
Lynn Song
Articles
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1 week ago |
flipboard.com | Lynn Song |Rebecca Byrne
2 hours agoJimmy Kimmel Taunts Trump With The Only Reason Americans Shouldn't Panic Right NowThe late night host warns of what could happen by summer. Jimmy Kimmel said Americans are starting to feel the impact of President Donald Trump’s tariffs. “Ships carrying Chinese goods are arriving half empty in the United States,” Kimmel said.
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1 week ago |
think.ing.com | Lynn Song |Rebecca Byrne
Signs that US-China trade tensions may be easing have helped to lift global markets after a volatile April sparked by President Trump’s aggressive tariff campaign. Trump imposed a 145% tariff on Chinese imports, though tariff rates can be significantly higher or lower depending on the product. China, meanwhile, has retaliated with a 125% tariff on US goods. Now, both sides have agreed to meet in Switzerland in a bid to de-escalate the trade war.
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1 month ago |
think.ing.com | Francesco Pesole |František Táborský |Lynn Song |Chris Turner
USD: Wild moves continue Equity volatility has remained very high and was joined by a selloff in bonds yesterday. After a very weak open, US equities spiked into positive territory on the back of an unconfirmed headline suggesting a 90-day pause in tariffs. Trump quickly labelled it as “fake news” and actually threatened an additional 50% tariff on China if Beijing doesn’t lift retaliatory duties. The S&P closed only marginally lower after a rollercoaster ride.
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1 month ago |
think.ing.com | Lynn Song
Retaliation sets the stage for a test of endurance
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1 month ago |
eco-business.com | Wanyuan Song |Lynn Song
China’s central government listed “boosting consumption…and stimulating domestic demand” as its first “major task” for 2025, at the recently closed “two sessions”. As part of this focus – and amid slowing economic growth – the State Council made specific mention of China’s “two new” policy. The policy was first announced in 2023, but was heavily promoted last year.
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