A one-two punch from the United States risks shattering the already fragile trade war truce between Washington and Beijing, with Chinese tech companies and students both dealt shock blows by the Trump administration Wednesday night.

Investors piled up bullish bets on Asian currencies, including the yuan, as easing U.S.-China tariff tensions, new trade deals and a growing unease with U.S. policies prompted them to pull out of dollar assets,

The broader cryptocurrency market dropped 2.58% on Thursday as the uncertainty resurfaces in the US trade wars. The US Treasury Secretary, Scott Bessent, states the ongoing trade discussions with China are stalled, while the US appeals court temporarily reinstated the tariffs after a separate US court blocked the policy.

In his first term as president, Donald Trump banned China’s Huawei from using American EDA tools. Huawei is seen as an emerging competitor to Nvidia with its “Ascend” AI chips. Nvidia chief executive Jensen Huang recently warned that successive attempts by American administrations to hamstring China’s AI ecosystem with export controls had failed.

Barely a week after a high-profile joint statement signaled a pause in trade hostilities, the U.S. and China are disagreeing again.

While the White House is trumpeting the “Art of the Deal,” some may say the recent U.S.-China trade deal is a chapter out of ... equity — here’s 1 new way to invest in responsible US homeowners while targeting a 14%-17% IRR Robert Kiyosaki ...

Southeast Asian leaders reached an understanding on Tuesday that any bilateral agreements they might strike with the United States on trade tariffs would not harm the economies of fellow members, Malaysia's premier Anwar Ibrahim said.

Among dozens of countries that were hit with steep tariffs, Vietnam was among the most publicly willing to meet the demands of the Trump administration. But China is a sticking point.

Prof D Mukherjee In April 2025, the World Trade Organization (WTO) reported a 6.2% decline in global trade volumes for Q1 2025, primarily driven by escalating tariffs between the US, China, and several Asian economies.