China Bets On The Blue Wave

President Trump finally did it. On Monday, he announced new tariffs on $200 billion worth of Chinese imports — starting at 10 percent but eventually scheduled to rise to 25 percent. It's a major development, but not a terribly surprising one in the context of Trump's bottomless nationalist belligerence. What was surprising?

BING NEWS:
  • Dollar stays near two-year high, stocks struggle
    The dollar dipped but stayed close to a two-year high against a group of peers on Friday on investor bets the gap between growth in the U.S. and elsewhere will widen, while Chinese blue chips suffered ...
    01/3/2025 - 12:18 am | View Link
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