President Donald Trump is hiking tariffs on China to 125 percent after Beijing opted to play hardball. Meanwhile, other countries are getting a 90-day pause. NTD has the details on the escalating trade war. Treasury Secretary Scott Bessent says that countries
U.S. and Chinese military officials recently held a meeting to address what the U.S.-Indo Pacific Command (INDOPACOM) calls “unsafe and unprofessional” actions by the Chinese regime’s navy and air force. The semi-annual Military Maritime Consultative
Beijing has allowed the Chinese yuan, or renminbi (RMB), exchange rate to weaken, with the offshore yuan falling to 7.4290 per U.S. dollar amid escalating U.S.-China trade tensions. On April 8, the People’s Bank of China (PBOC) set the yuan’s central
Treasury Secretary Scott Bessent on Wednesday warned other countries not to align themselves with China on trade as it engaged in tit-for-tat tariffs on the United States. Bessent delivered the warning at the American Bankers Association in Washington, saying