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China ratchets up escalation with USA in trade war, markets plummet

Posted on 10/14/25 at 2:22 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4162 posts
Posted on 10/14/25 at 2:22 am
Effective immediately China sanctioned five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean, escalating tensions with Washington.

The order will prohibit Chinese organizations and individuals from doing business with the sanctioned companies.

Stock futures plummeted on the news

LINK
This post was edited on 10/14/25 at 2:43 am
Posted by LSUGent
Member since Jun 2011
3047 posts
Posted on 10/14/25 at 2:25 am to
quote:

escalating tensions with Washington over their alleged involvement in a probe into the Chinese shipping industry.


Sounds like the US is directly over the target.
Posted by Gotabyte
Slidell
Member since Feb 2020
265 posts
Posted on 10/14/25 at 2:28 am to
More reasons to disconnect from that evil empire and get back to production in America.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
91799 posts
Posted on 10/14/25 at 3:04 am to
quote:

More reasons to disconnect from that evil empire and get back to production in America.


Sad part is our politicians have allowed them to become part of our fabric.
Posted by SlayTime
Member since Jan 2025
3482 posts
Posted on 10/14/25 at 4:52 am to
China is a problem we don’t have an answer for
Posted by Upperaltiger06
North Alabama
Member since Feb 2012
4199 posts
Posted on 10/14/25 at 5:07 am to
This is Trump’s biggest gamble yet. The markets are extremely volatile and founded on emotion. Herbert Hoover employed tariffs that are widely regarded as having precipitated the depression. If Trump pulls off correcting the market inequities without causing a market collapse it will be his greatest achievement.

After watching him these past several years…I’m not betting against him.
Posted by Lige
Member since Nov 2015
1896 posts
Posted on 10/14/25 at 5:18 am to
Is -0.5% a plummet?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
134966 posts
Posted on 10/14/25 at 5:21 am to
quote:

Stock futures plummeted on the news
Plummeted 0.5%?

China is desperately grasping for individual pressure levers (e.g., South Korean shipbuilder Hanwha Ocean) like a rock climber who realizes all his pitons are breaking loose as he's falling.
Posted by Nosevens
Member since Apr 2019
16889 posts
Posted on 10/14/25 at 6:11 am to
Oh no this is bad !!!

Anyway it seems like a great day for golfing
Posted by The Maj
Member since Sep 2016
30515 posts
Posted on 10/14/25 at 6:35 am to
quote:

Plummeted 0.5%?


Well, the media is grasping for anything to paint OMB as "bad"... Has been a pretty rough year for them so far...
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
23472 posts
Posted on 10/14/25 at 6:51 am to
Nice misleading title. One stock (the company impacted) dropped - “markets” are flat near the open this morning.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
18766 posts
Posted on 10/14/25 at 7:09 am to
Sanctions are a whole other game.

So sanction Russia sale of oil to China.

China sees themselves at war with us. They don't care if it take a century to win it either.

When you find yourself in a hole *Side eye to Congressmen- past & present* quit digging.
Posted by ezride25
Constitutional Republic
Member since Nov 2008
26090 posts
Posted on 10/14/25 at 7:12 am to
I’ve had bigger plummets in the quad.
Posted by dgnx6
Member since Feb 2006
85191 posts
Posted on 10/14/25 at 7:20 am to
Man I was hoping it plummeted to buy in.

But it did not plummet.


Posted by lepdagod
Baton Rouge
Member since Jan 2015
5351 posts
Posted on 10/14/25 at 7:20 am to
quote:

If Trump pulls off correcting the market inequities without causing a market collapse it will be his greatest achievement.


Trump has no control over this obviously.., the rest of the world clearly set on finding ways to work around America… because they know the final result of all this shite is higher prices for Americans…which will naturally cause a change and leadership and policy next election…only the naive believe manufacturing jobs that don’t exist nowhere in the world now will somehow comeback stateside
Posted by Tom288
Jacksonville
Member since Apr 2009
21272 posts
Posted on 10/14/25 at 7:21 am to
Trump needs to sort this crap out soon. Getting in the way of my growing Warhammer collection.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14328 posts
Posted on 10/14/25 at 7:21 am to
quote:

Well, the media is grasping for anything to paint OMB as "bad"... Has been a pretty rough year for them so far...


Yea, media is trying to hype this up to cover up the peace deal….

Posted by BigTigerJoe
Member since Aug 2022
11045 posts
Posted on 10/14/25 at 7:23 am to
quote:

Is -0.5% a plummet?

Paid Panicans
Posted by TDTOM
Member since Jan 2021
24258 posts
Posted on 10/14/25 at 7:33 am to
quote:

which will naturally cause a change and leadership and policy next election


Posted by KCT
Psalm 23:5
Member since Feb 2010
45677 posts
Posted on 10/14/25 at 7:33 am to
Trump is trying to level the playing field and make things better for America after all is said and done. Conversely, the Political Establishment boys like Biden, Obama, and Bush all bent over and took it up the keister.

I don't bring it to the board because the usual suspects love to hijack any real, substantive discussion here, but I keep up with a couple of knowledgeable sources who have been talking about the fragility of China's economic system, part of which is due to advantages they've had regarding the previous UNILATERAL tariffs situation with the United States.

Basically, China's economic system is a house of cards (and other things like their shaky banking system). That nation could be headed for much trouble in the months ahead.
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