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COINTURK NEWS > Cryptocurrency News > Baidu Joins Pentagon Blacklist as US-China Trade Tensions Simmer
Cryptocurrency News

Baidu Joins Pentagon Blacklist as US-China Trade Tensions Simmer

In Brief

  • Baidu was blacklisted by the Pentagon, heightening US-China trade unease.

  • Markets brace for possible Fed rate cuts amid ongoing global uncertainty.

  • Renewed tensions could send shockwaves through stocks and cryptocurrencies alike.

İlayda Peker
İlayda Peker 2 months ago
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Baidu was added today to a Pentagon blacklist of companies accused of aiding the Chinese military, while Beijing responded with targeted import tax cuts. Although relations between the United States and China appear relatively stable for now, both sides are still taking low-key steps that signal underlying frictions. Meanwhile, markets are digesting President Trump’s recent statements regarding Iran—comments that have offered some reassurance, though Trump’s unpredictability keeps observers on their toes. So, where do markets stand given these latest developments?

Contents
US Markets and Cryptocurrency TrendsLatest Developments in US-China Trade Relations

US Markets and Cryptocurrency Trends

Following today’s Consumer Price Index report, expectations have grown for three potential US interest rate cuts this year. So far, with only modest signs of slowing in job growth, analysts do not foresee Federal Reserve Chair Jerome Powell supporting a cut in the next two meetings. However, former Fed official Kevin Warsh could delay quantitative easing and possibly kick off rate reductions as early as June. Market worries about QE have also eased following recent leaks suggesting Warsh, if appointed as Fed Chair, might soften his previously hawkish stance on monetary policy.

The long-awaited US inflation data landed with a moderate tone, providing some calm for investors heading into the weekend. Despite a robust labor market, it remains uncertain whether the Federal Reserve will actually lower rates this year—a decision that continues to hold markets in suspense.

Futures for the S&P 500 and Nasdaq 100 each fell by 0.4%, as shares of major tech companies traded mixed. Europe’s Stoxx 600 index mirrored these losses with a 0.4% drop. Meanwhile, gold and silver posted slight recoveries. In mainland China and Hong Kong, stocks declined modestly as investors took risk off the table ahead of Lunar New Year holidays.

Latest Developments in US-China Trade Relations

At the time this article was prepared, Washington was reportedly weighing new restrictions on certain semiconductors imported from China. In response to being designated as a company “aiding the Chinese military,” Alibaba announced it would pursue all available legal avenues. The latest headlines point to increasing maneuvering between the US and China, suggesting growing turbulence beneath the diplomatic surface.

Should Beijing choose to keep the issue of Chinese firms under US scrutiny at the forefront, it could trigger a new escalation in tensions. For now, both countries have managed to stabilize their relationship, but if China seeks greater leverage in future negotiations, a renewed standoff is always possible. The months ahead could see reciprocal visits by both Trump and Chinese President Xi, but these meetings are not yet confirmed. Given last year’s postponed summits, it seems likely the current schedule will remain unchanged—helping to keep tensions from spilling over, at least for now.

With all eyes on statements from Beijing, experts warn that any reignition of the US–China dispute could trigger sharp declines in cryptocurrency markets.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 13 February, 2026 - 5:18 pm 13 February, 2026 - 5:18 pm
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