Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown
Video Credit: Oneindia - Duration: 03:08s - Published
Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown
Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports.
At one point, losses topped 8%.
The move reignited fears of a full-blown trade war, with Beijing vowing to “fight to the end” and announcing 34% retaliatory tariffs on US goods.
Market analysts warned that the escalating standoff between the world’s two largest economies could trigger global recessionary pressures, as investor confidence crumbles under policy unpredictability and intensifying cross-border tensions.
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Crowds in Washington, D.C. erupted in anger as Trump’s federal agents faced relentless boos and chants of “Go home, fascists!” during a tense confrontation with protesters. The scene unfolded amid mounting anti-Trump demonstrations, with thousands flooding the streets to denounce the administration’s actions. Witnesses described a charged atmosphere as activists shouted down the agents, forcing them to retreat under heavy police protection.
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Ukrainian president Volodymyr Zelenskyy is greeted with a hug by Prime Minister Sir Keir Starmer as he arrives for a meeting at 10 Downing Street ahead of peace talks between presidents Trump and Putin in Alaska on Friday. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Trump has pledged to deploy the U.S. military to “liberate” what he called a “filthy” Washington, D.C., alleging the city’s murdr rate is worse than in Islamabad or war-torn Iraq. The vow comes amid escalating tensions over crime, governance, and his push for a federal crackdown, fueling political controversy ahead of upcoming high-stakes events.
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Trump-Putin talks: Is Russia really contesting US sovereignty over Alaska?
As the Russian and US presidents prepare to meet in the Alaskan capital, speculation that Vladimir Putin rejects the legitimacy of Russia’s 1867 sale of Alaska to the US has resurfaced online.
READ MORE : http://www.euronews.com/2025/08/14/trump-putin-talks-is-russia-really-contesting-us-sovereignty-over-alaska
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Credit: euronews (in English) Duration: 01:56Published
The United States has temporarily lifted certain sanctions on Russian transactions to facilitate historic peace talks in Alaska between President Donald Trump and Russian President Vladimir Putin on Aug. 15. The move, authorized by the U.S. Treasury’s Office of Foreign Assets Control, allows specific transactions otherwise banned under Russia-related sanctions—strictly for organizing the summit.
Ukrainian President Volodymyr Zelensky may join follow-up discussions, with Trump expected to push Putin toward a Ukraine ceasefire. Reports suggest Trump will offer an economic package including access to Alaska’s natural resources, easing aviation sanctions, and rare earth mineral rights in occupied Ukrainian territories. The temporary authorization expires Aug. 20, with the White House calling the meeting a “listening exercise” and a potential breakthrough.
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Shanghai launches China’s first fitness centre for dogs
A new kind of fitness centre has opened in Shanghai’s West Bund — but its clients are all dogs.
READ MORE : http://www.euronews.com/2025/08/07/shanghai-launches-chinas-first-fitness-centre-for-dogs
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Credit: euronews (in English) Duration: 01:00Published
AI battled doctors in a live showdown to diagnose patients. Who came out on top?
While the AI system was faster and about as accurate, doctors offered more empathetic and personalised reports in a diagnostic competition in Shanghai.
READ MORE : http://www.euronews.com/2025/07/29/ai-battled-doctors-in-a-live-showdown-to-diagnose-patients-who-came-out-on-top
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Credit: euronews (in English) Duration: 01:24Published
China cuts ties with Czech President Petr Pavel over meeting with Dalai Lama
Beijing says it has "lodged serious protests with the Czech side" after Petr Pavel travelled to India to congratulate the Dalai Lama on his 90th birthday.
READ MORE : http://www.euronews.com/2025/08/13/china-cuts-ties-with-czech-president-petr-pavel-over-meeting-with-dalai-lama
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Credit: euronews (in English) Duration: 01:04Published
A tense showdown erupts in the South China Sea as a U.S. warship is aggressively confronted and forced to retreat by the Chinese Navy. The high-stakes maritime clash underscores the escalating rivalry between Washington and Beijing, raising fears of a wider conflict in the contested waters.
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Beijing has launched a blistering attack on Washington over its actions in the South China Sea, accusing the US of being the “biggest disruptor of peace and stability” in the region. The sharp remarks come amid an escalating war of words and military maneuvers, with China warning against what it calls America’s “militarization” of the contested waters
#ChinaVsUS #SouthChinaSea #USNavy #SouthChinaSeaDispute #USWarships #USChinaTensions #MaritimeClash #WestPhilippineSea #ChinaSouthChinaSea #SouthChinaSeaNews #SouthChinaSeaIssue #USChinaConflict #IndoPacificTensions #SouthChinaSeaCrisis #TrumpChinaClash
U.S. has announced a 90-day pause on new China tariffs, sparking speculation that President Trump may be softening his stance under pressure from Beijing. The move follows recent talks with Chinese President Xi Jinping, raising questions over whether this is a tactical delay or a sign of Washington backing down in the high-stakes trade war.
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Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..