Last Night and This Morning News Roundup
🟢 China's Foreign Ministry has responded to the US's proposed 245% tariff, saying it is an issue for Washington to explain, and calling on the US to stop "threatening and blackmailing" and instead negotiate a trade deal.
🟢 California Governor Newsom asks court to block President Trump's "illegal" tariffs.
🟢 President Trump said the US is "taking on record amounts of tariffs, with the cost of almost every product coming down".
🟢 The US will use negotiations with more than 70 countries to block China's trade routes.
🟢 The US has generated a total of $21 billion in tariff revenue since President Trump took office
🟢 President Trump says there has been “big progress” on a trade deal with Japan after meeting with senior officials there
🟢 China is importing record amounts of oil from Canada after cutting purchases from the US by 90% amid the trade war.
🟢 Russia’s Finance Ministry plans to create its own stablecoin.

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