Behind the scenes, Witte Huis increases trade war with China

Start the day without news about the trade war? That is not possible today. Behind the scenes, the United States are working on a new escalation of the conflict, according to an article from The Wall Street Journal.

According to the business newspaper, the US government wants to use negotiations with trading partners about import duties to further insulate China. The White House would like to submit the seventy countries with whom it says to (start) to negotiate the following: forbid China to implement goods through your country, or to set up branches in your country, in order to bypass the American import duties. The US trading partners should also refrain from importing cheap Chinese industrial goods for their economy.

The Wall Street Journal is based on not mentioned in particular mentioned sources that are « familiar with the conversations about this ». The Trump government would like to weaken the Chinese economy and strengthen its own negotiating position. Washington would have approached some countries with some of these ‘requests’, according to the sources of the newspaper with the American requests would be the trader’s bands of the traders’ bonds.

Trump himself seemed to refer to this tactic on Tuesday when he was in the Spanish -speaking program FOX Noticias said he is considering let countries know that they should choose between the US and China. The approach seems to come out of the tube from Minister of Finance Scott Bessent, who also managed to convince Trump to suspend the so -called ‘reciprocal levies’ for 90 days for most countries (but not for China).

Which further stood out this morning:

• He has restrained himself for a long time, but former president Bides Has now gave a speech for the first time since he left the White House Both President Trump and Elon Musk sharpened – See our America blog.

• Chip maker Nvidia counts on one setback of 5.5 billion dollarsdue to further American limitations on the execution of chips that China can use for artificial intelligence. Due to earlier restrictions, Nvidia was not allowed to export his most powerful chips to China, but now the company must also request special permission for chips with less large computing power that were specially designed to be supplied to Chinese customers.

• The news about Nvidia reduced the share of Nasdaq by 6 percent. It also contributed to Course falls at the stock exchanges in China and Hong Kong. The stock markets in Tokyo and Seoul slightly closed in the min.

• A warning from the dome of housing corporations Aedes, which says that Investments in new construction and sustainability are in danger of stopping If the rents of housing associations are frozen. Aedes thus responds to an initiative law of GroenLinks-PvdA.

• The Chinese Economy It appears that before the trade war started in better condition than was assumed. In the first quarter of this year there was one growth of 5.4 percent. In addition, there was a role that extra much was exported in those months, to be ahead of the already threatening American levies.

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