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politics / policies7 months ago

CNBC Daily Open: Trump blinks first in trade war he started

https://www.cnbc.com/2025/04/24/cnbc-daily-open-trump-blinks-first-in-trade-war-he-started.htmlhttps://www.ft.com/content/feaed7f0-601a-4a9a-a6c2-3ef8f869d1f2https://finance.yahoo.com/news/southwest-airlines-pulls-profit-outlook-204255618.html
Cnbc.com and 7 more
CNBC Daily Open: Trump blinks first in trade war he started Open in Cnbc.com
Highlights
  • China demands US tariffs be removed unconditionally, emphasizing respect and negotiations.
  • Trade tensions have cost Boeing $500 million annually, disrupting global supply chains.
  • China believes it can withstand economic pain longer than the US, aiming to leverage its strong position.
Vote 17
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References

Scott Bessent says US and China need to de-escalate trade war

https://www.ft.com/content/feaed7f0-601a-4a9a-a6c2-3ef8f869d1f2Ft.com
Scott Bessent says US and China need to de-escalate trade war

Southwest Airlines drops forecast as US trade war shakes industry

https://finance.yahoo.com/news/southwest-airlines-pulls-profit-outlook-204255618.htmlFinance.yahoo.com

Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China

https://www.foxbusiness.com/economy/treasury-secretary-bessent-says-theres-opportunity-big-deal-chinaFoxbusiness.com
Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China

Treasury Secretary Suggests China Tariffs Could Be Lowered 'In A Mutual Way'

https://www.huffpost.com/entry/scott-bessent-china-tariffs_n_6809415ae4b047d19264dfb8Huffpost.com
Treasury Secretary Suggests China Tariffs Could Be Lowered 'In A Mutual Way'

Trump says the U.S. and China are 'actively' discussing tariffs. Beijing says that's false.

https://www.nbcnews.com/news/world/tariff-trade-war-china-beijing-trump-washington-us-economy-markets-rcna202535Nbcnews.com
Trump says the U.S. and China are 'actively' discussing tariffs. Beijing says that's false.

Boeing Call for ‘Non-Tariff Environment’ Echoes Industrywide Concerns

https://www.flyingmag.com/boeing-call-for-non-tariff-environment-echoes-industrywide-concerns/Flyingmag.com
Boeing Call for ‘Non-Tariff Environment’ Echoes Industrywide Concerns

In Trade War Clash With Trump, China Refuses to Take the Bait

https://www.nytimes.com/2025/04/25/world/asia/united-states-china-trade-fight.htmlNytimes.com
In Trade War Clash With Trump, China Refuses to Take the Bait

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politicsglobalpolicieseconomywarpolicytradeunited states of americachinatariffstarifftrade warglobal economystatesunited

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