Download Unicorn Signals App

By EquityPandit

WORLD

China Blames US for Delay in Ties

China accused the United States of “wants to reignite the sense of national purpose by making China an ‘imaginary enemy’,” Vice Foreign Minister Xie Feng said at the meeting with Deputy Secretary of State Wendy Sherman, state television reported. Sherman came to the eastern city of Tianjin for a meeting with Xie Feng and Chinese Foreign Minister Wang Yi on Sunday, a day after Wang had warned that China would not allow the United States to take a superior position in the relationship.


Senior US officials had described Sherman’s expected position during the meeting, saying the United States greeted competition with Beijing but would request on a level playing field and guardrails to avoid conflicts. The US government have been openly disapproving of China’s policy in Hong Kong and Xinjiang, which is a bill to ban imports from the far western region, mentioning forced labour concerns.


At the meeting in Alaska, Chinese officials protested against US democracy, while US officials blamed China for grandstanding during the session. Ties have continued to worsen since, with measures such as tit-for-tat sanctions and diplomatic points having dominated in the Tianjin talks. Sherman will continue the discussions on Monday before travelling to Geneva to head a US commission at negotiations with Russia over nuclear arms control.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
WORLD

China’s Central Bank Urges State Lenders to Cut Dollar Buying

Dhruva Kulkarni

Chinese sources said that the central bank is taking steps to stabilise the yuan, directing major state-owned banks to limit US dollar purchases on Wednesday.

China’s central bank is taking steps to prevent sharp yuan declines, directing major state banks to limit US dollar purchases.

The People’s Bank of China (PBOC) issued informal guidance asking banks to avoid buying dollars for their accounts and tighten checks on client transactions.

State banks were seen selling dollars and buying yuan aggressively to slow its decline in the onshore market.

The yuan has weakened by 1.3% this month, with its offshore counterpart hitting a record low.

Despite US tariffs on Chinese exports, China’s central bank will not use yuan devaluation as a response, focusing instead on financial stability.

The yuan rebounded slightly after the news, but concerns over the trade war’s impact on China’s economy remain high.

Got Stock-Related Questions? The Analyst is Ready.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

WORLD

Musk Pushes Trump to Scrap Tariffs as Tesla Falls 42% in 2025

Dhruva Kulkarni

According to the Washington Post, Elon Musk urged US President Donald Trump over the weekend to roll back tariffs, but his efforts were unsuccessful. The dispute follows Trump’s announcement of a 10% baseline tariff on all imports and higher duties on several countries.

Neither the White House nor Musk responded to Reuters’ request for comments. Over the weekend, Musk, a Trump adviser, called for zero tariffs between the US and Europe during a virtual event at Italy’s right-wing League Party congress.

Tesla faces sharp sales declines amid backlash over Musk’s role in a new “Department of Government Efficiency.” Its stock closed at $233.29 on Monday, down over 42% this year. Musk has said Trump’s auto tariffs have a “significant” impact on Tesla.

Economists warn that these tariffs could drive up inflation, increase recession risks, and add thousands of dollars in costs for US families, posing a challenge for Trump, who promised to cut living expenses.

Curious About EV Stocks? Ask the Analyst.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

WORLD

Japan’s Ishiba Plans US Visit to Push for Wider Tariff Deal

Dhruva Kulkarni

Japanese Prime Minister Shigeru Ishiba plans to visit the US soon to push for a broad tariff deal with President Donald Trump. Speaking in parliament on Monday, he said he would first urge Trump over a call to drop the planned 24% tariff on Japanese imports.

Ishiba emphasised that Japan is not acting unfairly in the dispute and outlined a proposal to resolve the issue of LNG, cars, agriculture, and national security. He aims to present a comprehensive deal, though he acknowledges it will take time.

Japan faces a 24% tariff on exports starting 9th April, alongside a 25% tariff on autos already in place. While officials have not ruled out a response, no clear retaliatory measures have been signalled.

During a February summit, Ishiba pledged to buy more US LNG and increase Japan’s investments in the US to $1 trillion. Despite this, Japan has not secured relief from the tariffs. The trade dispute impacts Ishiba politically, with his approval rating dropping to 30.6%, the lowest since he took office.

A JNN poll showed that 57% of the public supports retaliation. Meanwhile, concerns over the trade war have pressured Japanese stocks, with trading briefly suspended due to heavy selling.

Wondering About A Stock? The Analyst Has Answers.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

WORLD

China to impose 34% additional tariff on all US goods from 10th April

Dhruva Kulkarni

China has announced a 34% additional tariff on all US imports, effective 10th April 2025, in response to recent US trade measures. 

The tariff applies to all US goods, though current bonded, tax reduction and exemption policies remain unchanged. However, goods shipped before 10th April 2025 and arriving by 13th May 2025 will be exempt.

This move follows the US imposing 34% tariffs on $438 billion worth of Chinese imports, announced by President Donald Trump. China’s Commerce Ministry criticised the decision, while the Foreign Ministry stated it violates WTO rules and undermines global trade.

In 2024, US-China goods trade totalled $582.4 billion, with the US importing $438.9 billion from China and recording a $295.4 billion trade deficit.

Stay Ahead with Stocks. Ask the Analyst.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

WORLD

China Opposes New US Tariffs, Vows Retaliation

Dhruva Kulkarni

China has strongly opposed the new US export tariffs and pledged countermeasures to protect its interests. It criticised the move as unilateral bullying and urged Washington to cancel the tariffs, warning of risks to global economic stability.

Under President Trump, the US has imposed a 10% tariff on imports worldwide, with harsher duties on key trading partners. China faces a 34% tariff and a 20% duty imposed earlier. In response, Beijing has placed up to 15% tariffs on US agricultural goods like soybeans, pork, and chicken. The escalating trade war threatens China’s economic recovery, already strained by a property sector crisis and weak consumption.

While Trump calls the tariffs “reciprocal,” experts argue his claims about US trade losses are exaggerated. China accused the US of ignoring years of trade negotiations and benefiting from global trade. Beijing has called for dialogue, warning that protectionism will not resolve the US’s economic challenges.

The US has also imposed a 25% tariff on steel and aluminium imports, though China is not a major exporter of these products to the US.

Wondering About A Stock? The Analyst Has Answers.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

Latest
IPO
Weekly
Outlook

Stock
Market
Prediction