US-China Relation

Amazon and Microsoft are supporting a U.S. law, the GAIN AI Act, to restrict exports of high-performance Nvidia AI chips to China until domestic demand is met. Nvidia has opposed the move, warning it could hurt global competition and cost the company billions, while the U.S. frames it as a national security measure.

China has accused the U.S. of seizing 127,000 bitcoin, worth around $13 billion, in what it calls a state-backed cyber operation rather than a legal asset confiscation. The U.S. says the coins were linked to a Cambodian crypto fraud case, but China argues the seizure shows government-level involvement.

U.S. President Donald Trump has finally met up with Chinese leader Xi Jinpiong in South Korea today in a bid to defuse the escalating trade tensions and reverse the market turmoil sparked by recent tariffs — including the crypto sell-off earlier this month.

In the rollercoaster turn of events, Treasury Secretary Scott Bessent announced on Sunday that the U.S and China have avoided a catastrophic 100% tariff after both parties have made substantial progress towards their negotiations.

Barely 24 hours after announcing to reporters that he will be having a meeting with Chairman Xi in the weeks to come, Trump is now threatening to impose a tariff of up to 155% on Chinese goods if both countries do not reach a mutual agreement during the Asia-Pacific Economic Cooperation summit in Seoul.

Cryptocurrency markets jumped on Sunday after U.S. President Donald Trump confirmed an upcoming meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul on October 31.

U.S. President Donald Trump has officially confirmed that the United States is in an active trade war with China, following his threat last week to impose a 100% tariff on all Chinese imports.

This weekend will go down as one of the most chaotic in crypto’s history — a bloodbath that exposed just how much power one man still holds over the digital economy.

Ukrainian crypto trader Konstantin Galich, known as *Kostya Kudo*, was found dead in his Lamborghini in Kyiv after a severe $400 billion crypto market crash triggered by Trump’s tariffs on Chinese imports. Authorities are investigating, with early signs pointing to suicide amid financial stress and market losses.

A U.S. diplomat has been dismissed after allegedly concealing a romantic relationship with a Chinese national who reportedly had close ties to the Chinese Communist Party (CCP) — a revelation that has set off alarm bells over national security and foreign influence within American diplomatic ranks.