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Equities rebound to track Wall St up as China cuts rates
Most markets rose Tuesday as risk appetite returned following the previous day's US rating-fuelled losses.
China vows to resist and 'fight till the end' as Trump escalates tariff threats
China says it will “fight to the end” and take countermeasures against the United States to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports. The Commerce Ministry said the U. S. tariffs were groundless and bullying. China has vowed retaliatory tariffs and the ministry hinted in its statement Tuesday that more may be coming.
Trump announces 25% tariffs on foreign-built vehicles
Wall Street slumped ahead of Trump's Wednesday afternoon announcement, while the world's top-selling automaker Toyota plunged more than 3%
Tesla troubles and political concerns spark fresh volatility in Elon Musk's wealth
Elon Musk's net worth soars to $351 billion amidst growing concerns over Tesla's market position and his political activities, with analysts warning of potential consumer backlash and increased market competition.