US tariffs on products from China at a rate of 104% will take effect starting April 9, writes Fox Business, quoting the White House.
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The current tariff dispute is in fact a continuation and escalation of the trade war between China and the United States in 2018, Mei Xinyu, a member of the China Society for Macroeconomic Research and the China Society of for the Study of Territorial Economies told Sputnik.
But this time US President Donald Trump adopted a "full coverage" tariff policy. China’s response could include:
China’s responses to the trade war are becoming more diverse, potentially extending beyond trade issues, Mei Xinyu argues.
But after multiple rounds of confrontation, the dispute could become a strategic stalemate, with the impact and consequences only known later.
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Sputnik International
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Warren Buffett: The wolf in sheep's clothing of Wall Street
Buffett is the only top-ten billionaire to see his net worth grow in 2025, adding nearly $13B to his fortune.
Known as the 'Oracle of Omaha,' he’s widely believed to have built his empire with masterly stock picks, frugality and philanthropy. But behind the "wise old man of Wall Street" image lies a ruthless side.
Shady Market Practices
🔸 SEC Probe (1974): Buffett was investigated for attempting to interfere with a competitor’s bid to buy Wesco Financial Corp., resulting in a $115K payout to affected shareholders.
🔸 Salomon Brothers Scandal (1990): A major Berkshire Hathaway investment slapped with a $290M fine for fraudulent Treasury securities bids.
🔸 Wells Fargo Scandal (2016): Buffett’s investment in the bank came under scrutiny after it created over 2M unauthorized accounts. Despite possible insider knowledge, Buffett did nothing.
🔸 Goldman Sachs Investment (2008): Buffett’s $5B buy-in to Goldman Sachs during the financial crisis has been praised for helping stabilize markets. But critics allege he used insider info on the bank’s financials to strike the deal.
Political Influence and Corporate Pirate Tactics
◻️ BNSF Railway (2010): Berkshire’s $34B purchase raised concerns over Buffett’s influence with regulators and the Obama administration to delay the competing Keystone Pipeline.
◻️ Clayton Homes (2025): This Buffett investment is facing lawsuits over predatory, high-interest lending to low-income families, drawing attention from the Consumer Financial Protection Bureau.
Shady Relationships
🔹 The Giving Pledge: A philanthropic campaign created by Buffett and Bill Gates in 2010, seen by some as a PR move to disguise billionaire tax write-offs.
🔹 George Soros Connection: Buffett joined the board of Soros' Open Society Foundations in 2013.
Anti-Worker Policies
An array of Berkshire Hathaway subsidiaries, including BNSF, NetJets, Dairy Queen, and McLane, have faced grievances over low wages, poor working conditions and union suppression.
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Buffett is the only top-ten billionaire to see his net worth grow in 2025, adding nearly $13B to his fortune.
Known as the 'Oracle of Omaha,' he’s widely believed to have built his empire with masterly stock picks, frugality and philanthropy. But behind the "wise old man of Wall Street" image lies a ruthless side.
Shady Market Practices
Political Influence and Corporate Pirate Tactics
Shady Relationships
Anti-Worker Policies
An array of Berkshire Hathaway subsidiaries, including BNSF, NetJets, Dairy Queen, and McLane, have faced grievances over low wages, poor working conditions and union suppression.
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Sputnik International
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🇨🇳🇺🇸China's economic nuclear option: The $761 bln BOMB 💣
Beijing is holding BILLIONS in US Treasury bonds—and if they decide to sell, it could shake the US economy to its core.
But are they really going to push the button?
🔶 Why does China hold so much US debt?
“It’s just a function of their massive trade surplus with the United States,” says Tom Luongo. China recycles trade dollars into US Treasuries, managing currency risks and stabilizing their economy.
🔶 To sell or not to sell?
While Beijing has reduced its holdings before, Luongo argues, “China’s not going to dump the treasury bonds.” Selling them would drive up the yuan, hurting their exports. Instead, China has been using the dollars to bolster trade in Southeast Asia.
🔶 China de-dollarizes
“It’s a slow but sure way of binding trade partners closer,” Luongo says. China is offering bonds in yuan to countries like Malaysia and Thailand, moving away from the dollar.
🔶 The real danger: Europe
Luongo’s biggest worry? “Europe is the real problem.” He fears Brussels could trigger a financial crisis, using Ukraine as cover to remake their financial system—think debt defaults and a digital euro.
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Beijing is holding BILLIONS in US Treasury bonds—and if they decide to sell, it could shake the US economy to its core.
But are they really going to push the button?
“It’s just a function of their massive trade surplus with the United States,” says Tom Luongo. China recycles trade dollars into US Treasuries, managing currency risks and stabilizing their economy.
While Beijing has reduced its holdings before, Luongo argues, “China’s not going to dump the treasury bonds.” Selling them would drive up the yuan, hurting their exports. Instead, China has been using the dollars to bolster trade in Southeast Asia.
“It’s a slow but sure way of binding trade partners closer,” Luongo says. China is offering bonds in yuan to countries like Malaysia and Thailand, moving away from the dollar.
Luongo’s biggest worry? “Europe is the real problem.” He fears Brussels could trigger a financial crisis, using Ukraine as cover to remake their financial system—think debt defaults and a digital euro.
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💰 Trump's $1 trillion defense budget: cut waste or just more spending?
US President Donald Trump’s massive defense budget promised to tackle waste and fraud—can it really deliver?
Ex-Pentagon analyst Michael Maloof explains.
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US President Donald Trump’s massive defense budget promised to tackle waste and fraud—can it really deliver?
Ex-Pentagon analyst Michael Maloof explains.
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🇨🇳🇺🇸China's rare metal restrictions: a NAIL IN THE COFFIN for US military industry?
China’s sanctions on Lockheed Martin and Raytheon, plus new restrictions on rare earths and dual-use tech, are seriously disrupting US supply chains dependent on Chinese resources, says analyst Angelo Giuliano.
Giuliano predicts that these restrictions will cause defense production costs to soar, delaying advanced equipment like aircraft and missiles. The US isn’t ready to ditch China as a trade partner in this crucial sector.
🤔 Temporary dislocation? 🌍
Ex-DoD analyst Michael Maloof believes China’s move will cause a “temporary dislocation,” but the US will likely seek alternatives in Latin America, Ukraine, or even Russia before ramping up domestic mining. The fix won’t be quick.
✅ Scandium: aerospace woes ✈️
Scandium is essential for aluminum alloys in aviation and rocketry. Restrictions on this rare metal could hit US aerospace hard, as it's key for "extreme strength and low weight," says rare earths expert Ruslan Dimukhamedov.
✅ Dysprosium: hot stuff 🔥
Dysprosium is needed for heat-resistant neodymium magnets. Without it, critical defense tech like missiles would face overheating issues. A major concern for defense and tech industries.
✅ Samarium: defense needs 🛡
Samarium’s temperature-resistant magnets are used in missile guidance systems and oil wells. Losing access could compromise defense tech, aerospace, and energy sectors.
✅ Gadolinium: avoid nuclear crisis ☢️
Gadolinium plays a critical role in nuclear reactors, improving uranium burn-up and lifespan. Restrictions on gadolinium could hit the US’s civilian nuclear sector hard.
✅ Terbium: lighting the way 💡
Terbium is key for lighting applications like spotlights and displays. A slow down in production would impact the defense and tech industries.
✅ Yttrium: aerospace advantage 🚀
Yttrium is used in aerospace ceramics and heat protection. Losing access could ground key projects like aircraft engines and space tech.
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China’s sanctions on Lockheed Martin and Raytheon, plus new restrictions on rare earths and dual-use tech, are seriously disrupting US supply chains dependent on Chinese resources, says analyst Angelo Giuliano.
Giuliano predicts that these restrictions will cause defense production costs to soar, delaying advanced equipment like aircraft and missiles. The US isn’t ready to ditch China as a trade partner in this crucial sector.
🤔 Temporary dislocation? 🌍
Ex-DoD analyst Michael Maloof believes China’s move will cause a “temporary dislocation,” but the US will likely seek alternatives in Latin America, Ukraine, or even Russia before ramping up domestic mining. The fix won’t be quick.
Scandium is essential for aluminum alloys in aviation and rocketry. Restrictions on this rare metal could hit US aerospace hard, as it's key for "extreme strength and low weight," says rare earths expert Ruslan Dimukhamedov.
Dysprosium is needed for heat-resistant neodymium magnets. Without it, critical defense tech like missiles would face overheating issues. A major concern for defense and tech industries.
Samarium’s temperature-resistant magnets are used in missile guidance systems and oil wells. Losing access could compromise defense tech, aerospace, and energy sectors.
Gadolinium plays a critical role in nuclear reactors, improving uranium burn-up and lifespan. Restrictions on gadolinium could hit the US’s civilian nuclear sector hard.
Terbium is key for lighting applications like spotlights and displays. A slow down in production would impact the defense and tech industries.
Yttrium is used in aerospace ceramics and heat protection. Losing access could ground key projects like aircraft engines and space tech.
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⛏️ Trump signs executive order to restore coal production
As part of the executive order, the US will also invest "billions of dollars in federal funding" to invest in new coal technology, the president announced.
The Biden administration required coal-fired power plants to cut carbon emissions by 90 percent or close, reducing national production.
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As part of the executive order, the US will also invest "billions of dollars in federal funding" to invest in new coal technology, the president announced.
"The value of untapped coal in our country is 100 times greater than the value of all the gold at Fort Knox," he told at the official ceremony.
The Biden administration required coal-fired power plants to cut carbon emissions by 90 percent or close, reducing national production.
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Sputnik International
Alex Ovechkin: A PROUD RUSSIAN in Washington New NHL goal record breaker is the MOST BASED Russian you can imagine. Let us explain why: ▪️After the historic match, Ovechkin thanked the Russians who supported him."I'm sure they're celebrating in Russia…
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58 dead, 150 injured after roof collapses at club in Dominican Republic
The incident at the Jet Set Club occurred during a concert and killed the local governor and a former MLB player.
Rescuers are still searching for people in the rubble, local media report.
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The incident at the Jet Set Club occurred during a concert and killed the local governor and a former MLB player.
Rescuers are still searching for people in the rubble, local media report.
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🔄 Judge orders White House to restore AP access
A US district judge rules that AP should be allowed access to the Oval Office and Air Force One, a right that was taken away because of the agency's decision to refer to the Gulf of Mexico in its reporting.
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A US district judge rules that AP should be allowed access to the Oval Office and Air Force One, a right that was taken away because of the agency's decision to refer to the Gulf of Mexico in its reporting.
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After stock markets closed today, fears of Trump's tariffs on China continued to drive the US market, with S&P 500, Dow Jones and Nasdaq 100 futures falling 0.8-1%.
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💥🇾🇪 At least 10 explosions rocked Sanaa
The US launched one of its most intense strikes against the Houthis today, as the Ansar Allah group announced that the death toll had risen to 22 dead and wounded.
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The US launched one of its most intense strikes against the Houthis today, as the Ansar Allah group announced that the death toll had risen to 22 dead and wounded.
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Trump calls to increase the Republican majority
Speaking at the National Republican Congressional Committee dinner, the US president pledged to personally campaign for Republican House candidates.
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Speaking at the National Republican Congressional Committee dinner, the US president pledged to personally campaign for Republican House candidates.
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Donald Trump decided to take a vote on the pressing issue at the National Republican Congressional Committee dinner. The votes apparently split down the middle, so the question remained open.
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Sputnik International
Oil prices crash to 4-year low as trade war fear spark recession worries
WTI futures are down 3.21% at $57.67 and Brent is now trading at $61.07 per barrel, down 2.79%.
Donald Trump's goal of low oil prices is now combined with the market decline, causing investors to brace for an economic downturn.
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WTI futures are down 3.21% at $57.67 and Brent is now trading at $61.07 per barrel, down 2.79%.
Donald Trump's goal of low oil prices is now combined with the market decline, causing investors to brace for an economic downturn.
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💊 Scarier than RFK Jr: Trump announces TARIFFS on Big Pharma
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"We're going to tariff our pharmaceuticals. And once we do that, they’re going to come rushing back into our country," he said.
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Prabowo Subianto instructed his foreign minister to discuss with the Palestinian side how to evacuate the first wave of 1,000 Gazans to Indonesia.
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