How did markets react to Trump on China tariffs?
Asked 5 hours ago
Answer
Markets initially tumbled after Trump threatened 100% tariffs on Chinese goods, but rebounded sharply when he softened his stance, though not fully recovering previous losses. The volatility was pronounced, with speculative stocks leading the rebound. Financial experts warn of continued instability as trade negotiations remain unresolved.
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China is learning to live without us, says Jim Cramer
CNBC · Recent
CNBC
Recent
- The US president threatened 100 percent tariffs on Chinese goods after China restricted rare earth mineral supplies. 22s
- The president later reassured that US-China relations were fine, causing a market rebound. 28s
- China's exports to destinations other than the US grew nearly 15 percent, while exports to the US fell 27 percent. 1m 21s
- Despite the drop in US-bound exports, China's total exports rose 8 percent, the highest of the year. 1m 29s
- Cramer suggests these trends indicate China is learning to live without US trade. 1m 32s
