china

Trump Strikes Surprise China Deal—Tariffs Set to Shake Up Global Markets Again! 🌍💥

Big news: U.S. President Donald Trump has said a new deal is done between the U.S. and China to stop their ongoing trade fight. After two intense days of talks in London, both countries agreed to a framework that adjusts tariffs (extra taxes on imported goods) and loosens restrictions on rare earth materials—critical elements used in tech and defense. Trump shared that the U.S. will now have a 55% tariff on Chinese goods, while China will keep theirs at just 10%. On top of that, China has agreed to supply rare earths and magnets, while the U.S. will let Chinese students continue studying at American universities. 🎓🤝🇺🇸🇨🇳
Even though the deal sounds strong, some parts are still unclear—like how it will all be carried out. However, officials said it helps keep the earlier Geneva agreement alive. There won’t be any “chips for minerals” exchange either, meaning the U.S. won’t allow high-tech AI chip exports just because China is sending rare earths. Still, this truce could help calm tensions that had recently boiled over again, causing market instability. Earlier fights led to supply chain chaos, job losses, and billions in business losses. 💼📉

🌐 How does this affect crypto? When global trade is shaky, investors often run to safe assets—like Bitcoin $BTC and gold. With this new U.S.–China truce in place, markets may see short-term stability. But if talks fall apart again, it could trigger fear and uncertainty, pushing people back into crypto as a hedge. Expect possible short-term dips in crypto prices due to reduced fear, but long-term, these political shifts can still drive interest in decentralized assets like Bitcoin, especially if more trade wars or inflation fears return. 📊💸🔗
#USChinaTardingTalk #china

The strikes by 17 drones on Kharkiv sparked fires in 15 units of a five-storey apartment block and caused other damage in the city close to the Russian border,

A concentrated, nine-minute-long Russian drone attack on Ukraine's second-largest city of Kharkiv on Wednesday killed six people and injured 64, including nine children, Ukrainian officials said.
Two southern Ukrainian regions, Mykolaiv and Kherson, were left without electricity on Wednesday after Russia attacked an energy facility,
The attack followed Russia's two biggest air assaults of the war on Ukraine this week, part of intensified bombardments that Moscow says are retaliatory measures for Kyiv's recent attacks in Russia.
A new wave of drone attacks on four city districts was reported early on Thursday by Kharkiv Mayor Ihor Terekhov, including a drone that landed in a school courtyard and smashed windows. There were no other reports of casualties or damage.

Elsewhere, two southern Ukrainian regions, Mykolaiv and Kherson, were left without electricity on Wednesday after Russian forces attacked an energy facility, the governors said. Kharkiv, in Ukraine's northeast, withstood Russia's full-scale advance in the early days of the war but has since been a regular target of drone, missile and guided aerial bomb assaults.
Tuesday night's incidents had risen to six as rescue teams pulled bodies from under the rubble. They said three people were still believed to be trapped. The strikes by 17 drones on Kharkiv sparked fires in 15 units of a five-storey apartment block and caused other damage in the city close to the Russian border, Mayor Terekhov said.

"There are direct hits on multi-storey buildings, private homes, playgrounds, enterprises and public transport," Terekhov said on the Telegram messaging app. "Every new day now brings new despicable blows from Russia, and almost every blow is telling. Russia deserves increased pressure; with literally every blow it strikes against ordinary life, it proves that the pressure is not enough," President Volodymyr Zelenskiy said on Telegram.
A Reuters witness saw emergency rescuers helping to carry people out of damaged buildings and administering care, while firefighters battled blazes in the dark. Nine of the injured, including a 2-year-old girl and a 15-year-old boy, have been hospitalised, Oleh Sinehubov, the governor of the broader Kharkiv region, said on Telegram.

In total, the Ukrainian military said Russia had launched 85 drones overnight, 40 of which were shot down.

Blackouts
In the southern Kherson region, workers were trying to restore electricity supplies after Russian forces attacked what its governor, Oleksandr Prokudin, said was "an important energy facility". "It is currently impossible to predict the duration of the work. Residents of the region, I ask you to show understanding and prepare for a prolonged power outage," he said on the Telegram messenger.
The governor of the neighbouring Mykolaiv region, Vitaliy Kim, said his region was also experiencing emergency shutdowns but that power would soon be restored. Kherson region directly borders a war zone and is under daily drone, missile and artillery attack. The Mykolaiv region faces mainly missile and drone attacks.

There was no immediate comment from Russia on the latest overnight attacks. Both sides deny targeting civilians in the war that Russia launched on its smaller neighbour in February 2022. But thousands of civilians have died in the conflict, the vast majority of them Ukrainian.
#Tradersleague #TrumpTariffs #china #RussiaCrypto #IndiaCrypto