important New✅
Market consequences of US 🇺🇸and Chinese🇨🇳 trade talks at a standstill.👨🔧
As of April 17, 2025, China and the United States still cannot agree on starting trade negotiations.
China has denounced these tariffs as irrational and raised its own levies on U.S. goods in response, refusing to participate in negotiations unless they are based on mutual respect and equality.
The United States has lately escalated tariffs on Chinese imports with new rates reaching up to 25.Turn 0news12 has a citation value of cite.
📉 Reaction of the market:
The S&P 500 dropped 2.2% in response to warnings from chipmakers Nvidia and AMD on expensive inventory and export restrictions.Turn 0news14 has a citation value of 𝐈� 𝐈�. Rising trade tensions between the United States and China have caused oil prices to drop roughly $10 per barrel since the beginning of the month.
