Day: May 1, 2025

The Trump administration has intensified its economic confrontation with China by imposing steep tariffs on nearly all Chinese goods. This escalating trade war is affecting industries and workers in both countries. In southern China’s Guangdong province, factories are already experiencing delays, losses, and uncertainty. Beijing remains defiant, preparing for the worst by boosting internal resilience.

NATO Shocked! Philippines Receives Dozens of New Monster Ships Donated by France

A devastating electric vehicle fire occurred on April 12 in Rongxian County, Yulin, Guangxi, destroying an entire street. A user alleged that a BYD Seagull’s charging pile exploded, stating, “Please investigate immediately. My neighbor’s BYD was charging overnight. Early on April 12, a loud explosion woke us, and smoke engulfed the neighbor’s house. Within ten minutes, our home was destroyed. My family of five, including a one-year-old, escaped via a second-floor window, losing all valuables.” Three days later, The Paper linked the fire to EV charging, but the fire department denied any EV connection. Media found the street sealed, with locals saying, “A fire occurred, but the cause can’t be discussed.” The user’s post was quickly deleted.Join this channel to get access to perks:

U.S. Treasury Secretary Scott Bessent on the ‘win-win’ minerals deal with Ukraine, pushing for a trade deal with China and tariff ‘clarity,’ President Donald Trump’s tax cuts and other top legislative topics. #FOXBusiness

Are Vietnam and the United States in talks over a historic F-16 deal? According to U.S. defense site 19FortyFive, at least 24 fighter jets could be part of the negotiations. If agreed, this would represent the largest defense deal in history between the two former enemies. It would make the U.S. Vietnam’s most substantive arms supplier, replacing Russia and causing concern for China. Meanwhile, two Japanese minesweepers have become the first foreign warships, other than those from China, to make a port call at Cambodia’s Ream Naval Base. The US suspects China-renovated Ream of being an overseas Chinese base, which Cambodia denies. The arrival of the Japanese vessels was a day after Xi Jinping left the region following his charm offensive in Cambodia and Vietnam.

Over the past few months, the massive purge inside the Chinese People’s Liberation Army (PLA) has been nothing short of jaw-dropping. Strangely, most of those targeted appear to be Xi Jinping’s own close generals. It defies logic—no military leader would willingly eliminate such a large number of loyalists. Is Xi acting on his own, driven by growing paranoia about loyalty? Or is this the work of his political opponents, systematically clearing out his influence within the military? According to information obtained by two China experts, Xi Jinping attempted to stage a power move and failed. The result? His loyalists are now being purged on a massive scale.

U.S. tariffs are starting to make a dent in China’s economy. We have more on President Donald Trump’s comments about Chinese factories.Beijing is standing firm that it won’t be the first to reach out for trade talks with the United States. How are Chinese manufacturers faring amid the trade war? We spoke to locals in China for firsthand information.A Chinese-born U.S. resident has been sentenced to five years in prison in China. A Chinese court handed out the punishment in a case that was settled almost 25 years ago.And a man who worked as an aide to a German lawmaker was charged with acting as a Chinese spy. He allegedly passed on sensitive European Union documents to the Chinese regime.00:00 Intro01:12 Trump: Factories Are Closing All Over China02:59 Trump Touts Economy at Michigan 100-Day Rally04:20 Trump: China Probably Will Eat Those Tariffs05:10 China’s Manufacturers Struggle as Trade War Persists08:00 China Attempts to Blame COVID-19 Origin on US: Expert08:47 Saudi Arabian Airline Wants to Buy Rejected Boeing Jets09:58 Chinese-Born American Sentenced to 5 Years in Chinese Jail10:58 Dutton: China Is the Biggest National Security Threat13:16 Lawmakers Warn About China’s Manufacturing Dominance16:39 Aide to German Lawmaker Charged with Spying for China17:35 France Targets Shein, Temu in E-Commerce Crackdown20:17 Pro-Democracy Fmr Lawmakers: Released but Still Not Free

Is the next Great Depression already unfolding — and is Trump’s global tariff plan the spark that sets it off?👉Use code CRASH to save 50% on Richard Duncan’s Macro WatchIn this urgent episode of the Rich Dad Radio Show, Robert Kiyosaki sits down with economist Richard Duncan — a longtime friend and author of The Dollar Crisis — to break down what’s really happening behind the headlines. They unpack Trump’s proposed “tariff wall” against China, the potential collapse of the dollar, and why these moves could be seen by China as an act of economic war.You’ll learn: What it means that the U.S. dollar is the global reserve currency Why China dumping U.S. Treasury bonds could spike interest rates How inflation, trade wars, and gold are all connected What average Americans can do to prepare for a global financial resetIf you want to protect your money, understand what’s coming, and take control of your future — this is a conversation you can’t afford to miss.00:00 Introduction to the Rich Dad Radio Show02:10 The Dollar Crisis and Global Economy02:32 Understanding the US Dollar as the Reserve Currency03:32 The Impact of Trade Deficits and Government Debt10:37 Trump’s Tariff Strategy and Its Implications20:04 Potential Chinese Retaliation24:24 Macro Watch: Economic Strategies for Individuals37:52 Conclusion and Final Thoughts—–

Back in 2021, China imposed sanctions on five members of the European parliament. The action was part of a series of tit-for-tat measures in response to EU sanctions over China’s treatment of Uighur Muslims in Xinjiang. That row over human rights halted a major investment deal between the EU and China. Later the European Parliament froze all official dialogue with Beijing. Relations remained frosty, but now China says it’s lifting sanctions against the EU lawmakers and says it wants a thaw in economic ties. Chapters:0:00 Beijing’s change of tone2:23 Rorry Daniels, ASPI Managing Director