Trading Trump: Truth Social's first month of trading has sent investors on a ride
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Trump and Biden both say they're tough on China. But whom would Beijing prefer to deal with?
No matter who wins the U.S. election in November, for China it’s lose-lose. With mistrust between the two nations deepening, both President Biden and presumptive Republican nominee Donald Trump have sought to cast themselves as hard-line negotiators who will stand tough against China’s rise. And with both candidates vying to prove their mettle on dealing with China, experts are divided on which would ultimately harm Beijing’s interests more. “There’s no best-case scenario. There’s only the bad...
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Turkey and China scale back trade with Russia amid sanction fears
Turkey and China, major trading partners of Moscow, have unexpectedly reduced their goods shipments to Russia due to fears of secondary sanctions from Washington, The Moscow Times reports, citing economic analysts. Analysts believe the recent export boom has been deflating not only because of the threat of sanctions but also due to complications in money transactions. The Financial Times and Bloomberg also report a worsening situation for Russia. For China, the Russian market remains secondary...
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Trump trades New York worries for hit of adulation from his Maga faithful
On a day off from his criminal trial, the ex-president hit the campaign trail – and ran through his familiar litany of falsehoods and complaintsAt a remote rural airport in Michigan, an outsized plane touched down as music from Tom Cruise’s film Top Gun boomed from loudspeakers. Late afternoon sunshine gleamed off five giant golden letters on the plane’s side – “TRUMP” – and its Rolls Royce engines. A crowd bedecked in red roared as the plane rolled to a standstill behind a blue “TRUMP”...