Share this article
China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs
Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.
Apr 7, 2025, 5:39 a.m.
Make us preferred on Google
What to know:
- Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.
- Goldman Sachs predicts 130 basis points in Fed rate cuts for 2025, while the Reserve Bank of Australia is expected to implement four rate cuts.
Beijing is said to be discussing front-loading monetary stimulus to counter the destabilizing impact President Donald Trump's tariffs on the Chinese economy, according to data source Trade The News.
The reports come a day after Trump said he won't make a trade deal with China unless the trade deficit is solved. Financial markets have crashed with bitcoin falling under $80K since Trump announced gigantic reciprocal tariffs Thursday, boosting trade tensions.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Goldman Sachs now expects a total of 130 basis points in Fed rate cuts for 2025, up from 105 basis points late last week. The Reserve Bank of Australia is expected to deliver four rate cuts.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Ripple-linked XRP drops 5%, opening downside risk toward $1.70
Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone.
What to know:
- XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens.
- The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone.
- Traders now view $1.80 as a crucial support level, with a sustained move back above roughly $1.87–$1.90 needed to signal a corrective pullback rather than the start of a deeper decline.
Top Stories
