China, Scott Bessent
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Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
China’s craze for crude is part of a grander plan. Since early 2024, when it became clear that President Donald Trump might return to the White House, officials have stockpiled fuel, food and metals to limit exposure to sanctions and tariffs.
China has reported that its economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand.
U .S. soybean farmers headed into harvest season facing a problem possibly more daunting than a drought or a tornado. China, the top global buyer of soybeans, has moved away from American beans in the heart of the selling season.
"Yet Xi’s latest trade war tactic may be tipping the geostrategic balance back toward the US as companies around the world think better of doing business in China generally."
2don MSN
China and the United States, Fall 2025: A timeline of remarks, threats, critiques — and dialogue
Tensions between the U.S. and China escalated in the weeks leading up to a possible meeting between U.S. President Donald Trump and Chinese President Xi Jinping.