Top Headlines from Last Night & This Morning
China Fires Back at US Tariff Plans: In response to the proposed 245% US tariff, China's Foreign Ministry dismissed the move as something Washington must justify, urging the US to stop using pressure tactics and return to the negotiating table.
China we have been here for 5000 year:
We do not care, and we will stay for the next 5000 year. We do not accept being bully Mr. Trump.
California Challenges Tariffs: Governor Gavin Newsom is pushing back legally, asking the courts to block what he calls President Trump's "illegal" tariff measures.
Trump Defends Tariff Strategy: President Trump claims tariffs are boosting US revenue and bringing down consumer prices, despite global concerns.
US Targets China’s Trade Network: The US is set to negotiate with over 70 countries in an effort to disrupt China's trade routes and reduce its global economic influence.
Tariff Revenue Climbs: Since the start of Trump's presidency, the US has collected $21 billion in tariffs, according to recent figures.
Progress with Japan: Trump reports "big progress" in trade negotiations with Japan following meetings with senior Japanese officials.
China Turns to Canada for Oil: Amid the trade war, China has slashed oil imports from the US by 90% and is now buying record volumes from Canada.
Russia Plans Stablecoin Launch: Russia’s Finance Ministry has announced plans to develop a national stablecoin, signaling a deeper push into digital currency.