China, Stocks and trade tensions
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In retaliation against the Dutch government seizing control of the Dutch chip company, Nexperia, from its Chinese parent company, China has now blocked Nexperia from exporting products from the Asian-country,
MP Materials has surged to new all-time highs, driven by rare earths sector euphoria and escalating China-U.S. trade tensions. Learn more about MP stock here.
Whether traders continue pushing equities to highs amid fractious relations with China will depend, in part, on the earnings of major technology companies.
US stock futures rose slightly early Thursday as investors weighed promising corporate earnings against concerns about an escalating US-China trade war. Markets are bracing for more volatility as trade tensions between the US and China intensify.
The International Monetary Fund said that recent trade deals have avoided the worst of Trump's threatened tariffs, but warned that a renewed U.S.-China trade war could slow output significantly.
Minnesota Governor Tim Walz blasted President Donald Trump's trade policies on Tuesday, saying the state's soybean farmers are being hit hard because of tariffs on China. Minnesota Gov. Tim Walz spoke on the weekly DNC press call, blaming Trump’s ego for starting a trade war with China.
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
The ongoing trade war between the U.S. and China has had a debilitating effect on American agricultural exports.