The U.S.–China Trade War Just Shook the Market Again

[AirtelBuzz]

President Trump’s latest move a 100% tariff on Chinese tech imports announced on October 10 sent shockwaves through global markets. Stocks tumbled, with the Nasdaq sliding 3.1%, and crypto wasn’t spared either. Bitcoin briefly crashed to around $102K before bouncing back slightly.

I just briefly checked the price of bitcoin and I was surprised to see that it has declined. I thought it was just people taking their profits from the recent ATH but it seems like they took to it out because of this.

I guess people also have taken their money out of the market after others have done the same.

The recent imposition of rare tariffs by Trump on China has led to a huge drop in the US stock market, and I have even seen it have a significant impact on the crypto market. In fact his decision led to the largest liquidation in the cryptocurrency market, amounting to more than $19 billion. As a result, traders and investors may have been able to profit from this Bitcoin ATH for a short time but then additional tariffs were imposed on China, since then the market has been in a much deeper recession again, causing many traders to panic, we have witnessed such an incident where a Ukrainian man committed suicide after facing financial losses when the market went down after Trump's comments.

I don’t get it though, if there are fiat wars shouldn’t people be investing in crypto more?

If there is a fiat war and a tariff war with the United States, I believe people will still invest more in crypto, indeed they will understand that it is an alternative resource. It's true that demand for digital currencies may increase amid economic instability.

By the way, after looking at this, it seems that the United States is trying to exert influence over China in every field,
because this country is now a Chinese citizen and they are trying to seize over 127,000 Bitcoins from that citizen because he is involved in a criminal network based in Cambodia even American senator are looking to use this Bitcoin to boost the strength of their strategic Bitcoin reserve.



Crypto Scam: U.S. Gov To Seize $14 Billion In Bitcoin https://bitcoinmagazine.com/news/u-s-seizes-14-billion-in-bitcoin-from-scam

[Smack That Ace]

By the way, after looking at this, it seems that the United States is trying to exert influence over China in every field,
because this country is now a Chinese citizen and they are trying to seize over 127,000 Bitcoins from that citizen because he is involved in a criminal network based in Cambodia even American senator are looking to use this Bitcoin to boost the strength of their strategic Bitcoin reserve.



Crypto Scam: U.S. Gov To Seize $14 Billion In Bitcoin https://bitcoinmagazine.com/news/u-s-seizes-14-billion-in-bitcoin-from-scam

But you know, the idea of ​​building a strategic bitcoin reserve through confiscation shows they don't have a lot of faith in bitcoin. If they believe and think bitcoin is important, they need to spend money to buy it the way they do with gold and other assets. Building bitcoin reserves solely by confiscating from criminals shows that the US does not value and appreciate bitcoin as much as they claim. What if other countries follow suit and worse, they enact draconian regulations to confiscate bitcoin from investors?

By the way, if they do this just to counter China, they are naive. China is holding the strategic card (rare earths) and any action they take will only make things more tense and cannot make China change its mind about rare earths. They will be the losers.

[nikola22]

Rare earths are China's trump card and once they decide to use it. That means they are ready for a fight if Trump wants one. Honestly, I don't believe Trump dares to impose 100% tariffs on Chinese goods. As usual, he will either extend the tariff date or lower the tariffs to bring China to the negotiating table.

I believe bitcoin will eventually become a safe haven like gold but I don't think it will happen anytime soon. Bitcoin needs to go through what gold has gone through, it cannot become a safe haven just because it has the characteristics of a safe haven.

what if China loses USA as a buyer for its rare earths? it's not very good for them either because USA already is starting to look for alternatives. I also don't believe in imposing 100% tariffs but that's Trump's method—intimidate to force a deal.

Bitcoin has already made good progress and is gaining the confidence from major investors. the recent market crash showed that Bitcoin is already quite resilient. I think BTC needs more use cases and developed infrastructure for ordinary users.

[Raflesia]

This is a continuation of the trade war that heated up a few months ago but on the one hand I think the outcome will remain the same where China will still be able to make some breakthroughs that could cause problems for the US.

I still feel that, for now Trump's policies and actions are essentially courting disaster as they seem to want to show that they are a country with complete power in all matters but at this point China could turn the tables on them.
This does not mean that Trump's display of power is wrong, but for now, when dealing with China, it is clearly risky because China, which is almost on par with the US in terms of economy, is clearly not a country that can be easily oppressed and forced to accept all of Trump's policies.

[Mame89]

This is a continuation of the trade war that heated up a few months ago but on the one hand I think the outcome will remain the same where China will still be able to make some breakthroughs that could cause problems for the US.

I still feel that, for now Trump's policies and actions are essentially courting disaster as they seem to want to show that they are a country with complete power in all matters but at this point China could turn the tables on them.
This does not mean that Trump's display of power is wrong, but for now, when dealing with China, it is clearly risky because China, which is almost on par with the US in terms of economy, is clearly not a country that can be easily oppressed and forced to accept all of Trump's policies.

Yes, this is a continuation of the tariffs from several months ago, and China has always been able to resist them and is not easily defeated. This is because China has risen from adversity to become one of the world's economic giants today. Supported by a large population, courageous leaders, a strong economic foundation, a powerful military, and abundant natural resources, China has the courage to take countermeasures.

I believe America's decision to raise these tariffs is merely a bluff. This will never be implemented, just a bluff. A new agreement will be reached before the deadline, or there will be another 90 day delay. The US doesn't have the absolute power to enforce this; it's a suicide mission. Trump's statement alone sent the Nasdaq plummeting, and several other stocks also plummeted.

[imamusma]

This is a continuation of the trade war that heated up a few months ago but on the one hand I think the outcome will remain the same where China will still be able to make some breakthroughs that could cause problems for the US.

I still feel that, for now Trump's policies and actions are essentially courting disaster as they seem to want to show that they are a country with complete power in all matters but at this point China could turn the tables on them.
This does not mean that Trump's display of power is wrong, but for now, when dealing with China, it is clearly risky because China, which is almost on par with the US in terms of economy, is clearly not a country that can be easily oppressed and forced to accept all of Trump's policies.

Trump often repeated the slogan “Make America Great Again” as a political promise to restore America greatness. One of his approaches was to reduce dependence on imports, yet the most absurd part is that some of the products bearing that very slogan were actually made in China. From this simple fact, I think that no matter what policies Trump implements, it would be very difficult for him to win the trade war against China. One of China main advantages in such a war is its low production costs, and their ability to find opportunities that most people would never expect.

[abhiseshakana]

This is a continuation of the trade war that heated up a few months ago but on the one hand I think the outcome will remain the same where China will still be able to make some breakthroughs that could cause problems for the US.

I still feel that, for now Trump's policies and actions are essentially courting disaster as they seem to want to show that they are a country with complete power in all matters but at this point China could turn the tables on them.
This does not mean that Trump's display of power is wrong, but for now, when dealing with China, it is clearly risky because China, which is almost on par with the US in terms of economy, is clearly not a country that can be easily oppressed and forced to accept all of Trump's policies.

In the tariff war between China and the US, economic instruments are being used as part of a broader struggle for dominance and hegemony. The undeniable fact is that China has usurped the dominance of trade from the US. Despite the ups and downs in Sino-US relations, many have overlooked the possibility that the trade war is a manifestation of a battle of egos between Trump and Xi, two figures with personalistic leadership styles. Both are strongman leaders with differing rationales: Xi rationalizes power to maintain long-term order (vision 2049), and Trump personalizes power for short-term political and economic goals.

For Xi, Trump is an anomaly in American politics, a non-bureaucratic figure who prefers personal diplomacy and is easily influenced by ego and status symbols. Xi sees the tariff war as an opportunity to test the waters of the global order, believing that the US under Trump is declining from its role of moral hegemon. This is evident in Trump's unpredictable behavior, with decisions dominated by personal impulses rather than institutional consensus. So, Trump is seen as a temporary disruption in the US system that actually accelerates China's rise.

Phrasmatically, for Trump, Xi is a major business partner with negotiating skills but also a deal-making capability. As the US-China trade deficit increased and domestic political pressure intensified, Trump personalized the trade war, transforming Xi from a friend to a foe in a competition for economic dominance. However, Trump's strategy remained transactional rather than strategic; he wanted a quick trade deal that could be presented to the public as a political victory.

So, the tariff war was a direct result of personal political calculations, not long-term US strategic planning. Xi responded with counter-tariffs and accelerated market substitution to Asia and Africa. When Trump weakened US alliances in Europe and Asia by attacking NATO and withdrawing from the TPP, this gave China the opportunity to increase its economic influence through the RCEP and BRI. He also initiated technological decoupling by banning Huawei, TikTok, and other products. Xi responded by accelerating technological independence.

Who do you think will be the future global leader in the battle of the two great egos: America First vs. the China Dream?

[DanWalker]

what if China loses USA as a buyer for its rare earths? it's not very good for them either because USA already is starting to look for alternatives. I also don't believe in imposing 100% tariffs but that's Trump's method—intimidate to force a deal.

What alternatives does the United States have to China for rare earths when China is the global hub and accounts for more than 90% of the rare earth supply chain?
It is reported that Trump has ordered the US, EU and allies to rebuild rare earth processing plants but according to experts, it will take 10 years to implement that plan. What do you think would happen to the US tech industry in those 10 years if there weren't enough rare earths?

Of course this will also hurt China but the question is who will suffer more?
I guess we all know the importance of rare earths and if the trade war escalates, we all know who will suffer the most.

[pooya87]

What alternatives does the United States have to China for rare earths when China is the global hub and accounts for more than 90% of the rare earth supply chain?

Ukraine! One of the reason for this proxy war was to destroy Ukraine and in the aftermath the US regime comes in and to rebuild what they destroyed themselves (by using Ukraine as their proxy) steal all their resources which include many of the rare earth metals. Remember the thing Trump forced the Zionist Zelensky to sign a while ago?

Of course this will also hurt China but the question is who will suffer more?

Obviously US.
For starters the Chinese economy does not rely on exporting those resources whether raw or processed. But the US economy and the high tech industry that they heavily rely on, depends on importing these things and both shortage and price rise would heavily damage the US economy.

Secondly, China is already using those rare metals in its own high tech industries that are growing very fast. They don't need to export the raw materials very soon since it would be consumed. Which also means they would take over the global market for high tech products that was once dominated by US which is another reason why US economy would suffer.

Add the ongoing dedollarisation to it and the fact that most of the world is replacing Dollar with Yuan and you get another reason why US economy is suffering more than the Chinese economy.
This is also explaining why the US regime is getting increasingly more desperate and brutal these days starting more wars with the world trying to destabilize the whole world just to survive a little longer!

[NewRanger]

Obviously US.
For starters the Chinese economy does not rely on exporting those resources whether raw or processed. But the US economy and the high tech industry that they heavily rely on, depends on importing these things and both shortage and price rise would heavily damage the US economy.

Secondly, China is already using those rare metals in its own high tech industries that are growing very fast. They don't need to export the raw materials very soon since it would be consumed. Which also means they would take over the global market for high tech products that was once dominated by US which is another reason why US economy would suffer.

Yes, sir. In fact, China does have a special natural resource advantage, namely several rare earth metals, and this gives them significant leverage at the moment. But in short, if we think about it, they are interconnected, as if they both need each other.

Add the ongoing dedollarisation to it and the fact that most of the world is replacing Dollar with Yuan and you get another reason why US economy is suffering more than the Chinese economy.
This is also explaining why the US regime is getting increasingly more desperate and brutal these days starting more wars with the world trying to destabilize the whole world just to survive a little longer!

In the face of dedollarisation, many countries have tried to hold reserves in USD and shift them to yuan, gold, and even crypto. But, If we se until now they still have managed to dominate the market despite their dire financial conditions. The president's tactics are also interesting.

[Dave1]

what if China loses USA as a buyer for its rare earths? it's not very good for them either because USA already is starting to look for alternatives. I also don't believe in imposing 100% tariffs but that's Trump's method—intimidate to force a deal.

What alternatives does the United States have to China for rare earths when China is the global hub and accounts for more than 90% of the rare earth supply chain?
It is reported that Trump has ordered the US, EU and allies to rebuild rare earth processing plants but according to experts, it will take 10 years to implement that plan. What do you think would happen to the US tech industry in those 10 years if there weren't enough rare earths?

Of course this will also hurt China but the question is who will suffer more?
I guess we all know the importance of rare earths and if the trade war escalates, we all know who will suffer the most.

It's going to be a battle of attrition and I don't think that anyone of this two will move and let the other win. Maybe Trump and his advisers might have thought about it and so they could have a plan B already. As far as rebuilding rare earth, it could be 10 years or maybe less and so with that, there could really be pressures from Trump to his allies to finished it as early as they can.

We will not yet know who is going to win here, but I'm not siding, but I think in the long run, it could be China that might have to suffer. Just like in the initial tariff, in the beginning they stood strong but then they've buckle down a bit to the US. But Trump escalated this to a new level.

[Iranus]

Ukraine! One of the reason for this proxy war was to destroy Ukraine and in the aftermath the US regime comes in and to rebuild what they destroyed themselves (by using Ukraine as their proxy) steal all their resources which include many of the rare earth metals. Remember the thing Trump forced the Zionist Zelensky to sign a while ago?

In fact, the Trump administration plans to build a rare earth supply chain to reduce dependence on China, and the theft of Ukraine's resources is part of this plan. Trump has been planning this since his first term, but building a rare earth supply chain is not easy when they have to start from scratch.

Their plan is that when they have an alternative source of rare earths, they will launch a full-scale attack on China to stop its development. But unfortunately, they are one step behind China. President Xi Jinping saw through Trump's plan and struck first.

So in this war, the United States seems to have no chance of winning against China. They don't even have any strategic cards except tariffs, while China has no shortage of cards to play with the US.


https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-takes-immediate-action-to-increase-american-mineral-production/

[Agbe]

I can see that president Donald trump is bent on making sure that he cripple the Chinese economy over perceived threat to the united states economy.but what trump and his advisers are ignoring is that in this present world and time countries no longer respects the United States of America as before because, there are alternatives trading routes that countries like china and Russia has provided.i see this move as a joke because when it comes to electronics china is number one so I don't really see the impact of this latest sanctions will have on the Chinese economy.trump should channel his energy in making sure that he builds the American economy that has been struggling for a while now and stop chasing shadows because it's not going to work.

[DanWalker]

Of course this will also hurt China but the question is who will suffer more?

Obviously US.
For starters the Chinese economy does not rely on exporting those resources whether raw or processed. But the US economy and the high tech industry that they heavily rely on, depends on importing these things and both shortage and price rise would heavily damage the US economy.

Secondly, China is already using those rare metals in its own high tech industries that are growing very fast. They don't need to export the raw materials very soon since it would be consumed. Which also means they would take over the global market for high tech products that was once dominated by US which is another reason why US economy would suffer.

Add the ongoing dedollarisation to it and the fact that most of the world is replacing Dollar with Yuan and you get another reason why US economy is suffering more than the Chinese economy.
This is also explaining why the US regime is getting increasingly more desperate and brutal these days starting more wars with the world trying to destabilize the whole world just to survive a little longer!

Even if China doesn't play the rare earth or lithium ion battery card, which is another strategic card as they control up to 80% of the global production and supply chain similar to rare earth. They can also beat the US in a trade war.

According to new reports despite tensions and a series of tariffs from the US. China's exports rose 8.3% in September, beating analysts' expectations of 6%. They have been successful in diversifying their markets and reducing their dependence on the US market.

It can be said, Trump is just trying to save face on the international stage by stubbornly pushing through with these ridiculous tariffs, but in reality, it’s already clear who the real winner of this trade war is.


https://x.com/wallstengine/status/1977673156014768424

[YOSHIE]

The U.S.–China Trade War Just Shook the Market Again

Of course the China vs. The US will of course automatically have a big impact on the global economy, not without reason, we know China and the US have the biggest investors in the world, almost all countries have investors in these two countries.

With the China vs. US investors are afraid that many of them will withdraw their shares in these two countries and this will also impact other countries, they will switch to digital currencies, they believe Bitcoin is safer for the time being, waiting for the China vs. China trade war. The US is winding down, that's what's happening right now.

It is not surprising that the war between these two countries almost made the world economy worse, because currently the world economy has a big influence on these two countries.

[pooya87]

But in short, if we think about it, they are interconnected, as if they both need each other.

I wouldn't say need, but they are indeed interconnected. But as I said a couple of years ago when this whole global conflicts started, the world is decoupling, deglobalizing and de-americanizing.
I have not verified this yet but I read today that China-US economic ties has been reduced by 50%. They've already decoupled a lot and it will continue like this.

So in this war, the United States seems to have no chance of winning against China. They don't even have any strategic cards except tariffs, while China has no shortage of cards to play with the US.

Unfortunately the US regime has and is using another card against the world (including China) and that is destabilization and disruption of supply chain specifically in the energy sector.

For example when it comes to energy, the US regime already has the Arab dictators who control a lot of the global oil supply on a very short leash so they obey all the orders coming from Washington. In West Asia that only leaves Iran that has the largest supply of oil+gas in the world alongside other natural resources like massive lithium reserves; and we saw back in June how the NATO-Zionist-Takfiri Axis tried to basically destroy Iran with a Nazi style blitzkrieg attack.
Because that failed miserably and Iran heavily bombed the Axis for 13 days straight destroying a lot of US and NATO military assets, they moved to other projects. In West Asia they are now destabilizing Iran's eastern neighbor Afghanistan which is also China's neighbor as well as western neighbor Iraq.

They are also preparing to invade Venezuela, another oil rich country with other resources.

This is the dangerous card that US regime is playing against the world and of course against China. If they succeed in increasing their control over natural resources, it would significantly harm Chinese economy that relies on import of raw material, energy, etc.

[Synchronice]

Just an hour ago Trump said that 100% tariff on goods from China is not sustainable. The funny thing is that Trump is into cryptocurrencies and he clearly sees that every of his speculation significantly affects the crypto market and this is the moment for him to earn billions of dollars.

I wouldn't say need, but they are indeed interconnected. But as I said a couple of years ago when this whole global conflicts started, the world is decoupling, deglobalizing and de-americanizing.

I'm simply curious about to know your opinion on this. What will be the best country to live in the next 10, 20 years? Today I really think about this. Despite the fact that I don't completely agree with you about the USA, I think that it will not be strong in the next decades. It's a great country at the moment for extraordinary talents but EU countries are very good too in this case and Europe is much safer than the USA. USA is much better for business and entrepreneurs than any EU country.

In general, I think that Australia is the best place to live right now in terms of quality of life.

[WillyAp]

the trader president at his best.
Up and downs is the trader's heaven.

[sana54210]

Battling China will not gain America anything. We have seen it and seen how it just hurts American economy, nobody is getting better and for some reason republicans like it.

Because they like that their president is "bullying" some nation, when in reality the "bullied" which is China, doesn't even care, because they make superior products and for cheaper, so they are selling to the whole world. I do not like China single bit, the way they are run, they are dictatorship and I never liked any dictatorships, even if the economy is going great, it is still not democracy. However, that doesn't change the fact that Trump could make the tariffs %10000 and it would still not stop China from growing bigger than USA.

[justdimin]

I can see that president Donald trump is bent on making sure that he cripple the Chinese economy over perceived threat to the united states economy.but what trump and his advisers are ignoring is that in this present world and time countries no longer respects the United States of America as before because, there are alternatives trading routes that countries like china and Russia has provided.i see this move as a joke because when it comes to electronics china is number one so I don't really see the impact of this latest sanctions will have on the Chinese economy.trump should channel his energy in making sure that he builds the American economy that has been struggling for a while now and stop chasing shadows because it's not going to work.

What Trump is missing is that the companies that buy Chinese products, will put that tariff on the buyer, and if there is a cheaper American version then yeah people would prefer that, but if there is none, then they would just have to pay more to get it, and that doesn't benefit any American at all.

Tariffs on things that America already builds, and can make for cheaper is ok, that's actually a good idea, but a blanket tariff that is 100% or whatever on ALL Chinese products makes no sense. If there is a product that USA doesn't make, and then you put that price, it is not Chinese companies that pay for it, it's the Americans that pay more to get it now. Hence the trouble, it makes no sense to do something like this.