Navigating trade tightrope: US juggles tariff politics and global market trust
Thursday, 24 April 2025 () US Treasury Secretary Bessent advocated for international cooperation and criticised the IMF and World Bank for straying from their core missions, signaling a nuanced approach to global finance. However, this message was immediately countered by the White House, which reaffirmed its commitment to maintaining tariffs on China until a new deal is reached.
President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident..
Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether. Calling the tariffs “appropriate,” Trump brushed aside stock..
As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing..