Analysis News Today TheBitTimes.com

US President Donald Trump stirred the hornet’s nest after imposing sweeping tariffs on more than three dozen countries. The tariff announcement on April 2, dubbed Liberation Day is changing the landscape of global trade and commerce. Trump imposed 34% tariffs on China making it expensive for the Communist nation to conduct business in the US. However, the Xi Jinping administration hit back by imposing 34% reciprocal tariffs on all US goods from April 10. Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff Impact JUST IN: China to impose additional 34% tariff on US goods. — Watcher.Guru (@WatcherGuru) April 4, 2025 Reuters reported China’s Finance Ministry announced the imposition of an additional 34% tariff on all US goods as a countermeasure to Trump. Apart from China, many other countries are considering tit-for-tat measures to give a befitting reply to Trump’s trade policies. The global markets will be severely impacted by measures a...

Trump-Xi talks reach a turning point with Trump’s invitation to Chinese President Xi Jinping to join his inauguration ceremony. This change in US-China relations matters now more than ever. De-dollarization threatens the US dollar’s world status, and these talks might be key to keeping global markets stable. Also Read: 48-Hour Ultimatum: SEC’s Gensler Threatens Elon Musk with Charges How China-US Relations and Trump-Xi Talks May Impact De-Dollarization Source: BBC Breaking 150 Years of Tradition Source: Statista The Trump-Xi talks break a long-standing pattern. Since 1874, no foreign leader has attended a U.S. presidential inauguration. Trump made this move even after promising to put 60% tariffs on Chinese products. The Chinese economy struggles with its own problems, making this meeting vital for both countries’ money matters and trade future. Xi’s Red Lines and Economic Stakes Xi has drawn clear lines for China-US relations. He wants no outside control over th...