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Strategies & Market Trends : World Outlook

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To: Les H who wrote (48250)	10/14/2025 6:48:50 AM
From: Les H	Read Replies (1) of 48815

Global markets tumble as Beijing imposes new ban on U.S. shipping and Bessent vows China ‘will be hurt the most’ if it doesn’t surrender By Jim Edwards Executive Editor, Global News Global stock markets fell after China banned certain U.S. shipping firms and U.S. Treasury Secretary Scott Bessent said “if they want to slow down the global economy, they will be hurt the most.” Asian and European indexes all dropped on the news, and S&P 500 futures are in sharp decline prior to the opening bell in New York. fortune.com The US and China are about to launch the next front in their trade war New port fees kicking in Tuesday could raise costs further on Chinese goods and ultimately reduce imports from Asia. By Ari Hawkins and Phelim Kine10/13/2025 ”This is symbolic — less than 1 percent of U.S. vessels docking in China annually are U.S.-flagged vessels, so the reality is this basically has no real impact,” said Cameron Johnson, a senior partner at Shanghai-based supply chain consultancy Tidalwave Solutions. “But it signals that Beijing will match every single effort the United States targets against China — if the U.S. sanctions a Chinese company, they’re going to sanction a U.S. company. If we impose export controls on technology, they’re going to do export controls on technology. We have just now escalated to a whole new level of trade warfare that nobody was expecting.” politico.com

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