News list for " Tax War"
South Korea's bitcoin "kimchi premium" surged to 9.7% at 2 a.m. on February 3, hitting a 10-month high since April 2024, driven by concerns about Trump's tariff war. Min Jung, analyst at Presto Research, said kimchi premiums typically rise during bull markets but can also spike during panic selling, as selling pressure on Korean exchanges is lower than in global markets. As of press time, kimchi premiums have fallen back to 8.24 per cent, compared with a historical average of about 5 per cent.
On November 8, Chinese Ambassador to the United States Xie Feng said in his speech that moving forward with the past, we must strive for the goal of win-win cooperation. There are no winners in tariff wars, trade wars, science and technology wars, and industrial wars. Protectionism protects backwardness, and loses the future. McDonald's has added the most stores in China in the past year, accounting for about 60% of the world. Starbucks has more than 1,000 stores in Shanghai and is unique in the...
