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Category PBOC

China’s 84% tariffs on US imports go into effect, Yuan drops to an 18-year low

China’s 84% tariffs on US imports go into effect, Yuan drops to an 18-year low

US-China trade tensions escalate as both nations impose steep retaliatory tariffs, sparking a sharp yuan depreciation.
Apr, 10, 2025
4 min read
by CryptoPolitan
China set to hold high-level meeting in response to US tariffs – Insiders

China set to hold high-level meeting in response to US tariffs – Insiders

According to sources familiar with the matter, Chinese lawmakers are reportedly set to convene a high-level emergency meeting on Wednesday in respo...
Apr, 09, 2025
4 min read
by CryptoPolitan
US-China tariff response means more money in crypto, worked in 2013 and 2015 – Hayes

US-China tariff response means more money in crypto, worked in 2013 and 2015 – Hayes

US-China trade tensions and potential yuan devaluation may trigger capital flight into Bitcoin, says BitMEX co-founder Arthur Hayes.
Apr, 08, 2025
4 min read
by CryptoPolitan
China’s Xi Jinping calls Trump a bully, says America shouldn’t be allowed to be as powerful as it is

China’s Xi Jinping calls Trump a bully, says America shouldn’t be allowed to be as powerful as it is

China’s President Xi Jinping told the world on Friday that Donald Trump is a “bully” and that America has no business being as powerful as it is. T...
Apr, 04, 2025
3 min read
by CryptoPolitan
Trump changes his mind again, says April tariffs will be softer than full reciprocity

Trump changes his mind again, says April tariffs will be softer than full reciprocity

President Donald Trump now says the tariffs he promised will not be fully reciprocal. On Tuesday, during an interview with Newsmax, the president s...
Mar, 26, 2025
5 min read
by CryptoPolitan