China’s Commerce Ministry: If the US wants resolution, it should stop making threats

A Chinese Commerce Ministry spokesperson said on Tuesday that “if the US wants resolution, it should stop making threats.”

Additional takeaways

US should seek dialogue with China on tariffs.
Tariffs war was launched by US.

Apr 29, 2025

ECB’s Cipollone: Trade policy uncertainty could reduce business investment

European Central Bank (ECB) Executive Board member Piero Cipollone said that “trade policy uncertainty could reduce business investment.”

US Dollar Index maintains position above 99.00 as US-China trade concerns weaken

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is rebounding after falling over 0.50% in the previous session. The DXY is trading around 99.20 during the European hours on Monday.