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The Latest Breaking News from China

Trump was playing chicken with tariffs. Then he chickened out

In a second term of fiat, flubbing and flip–flopping, Trump pursued his desire to wield a club over everyone and everything

The Guardian - US

Shein on course for London IPO after watchdog approval

It represents a significant milestone in the Chinese-founded company’s ambitions to list on the London Stock Exchange

The Independent UK

China raises stakes in Trump’s tariffs ‘game’ with 125% levy on US goods

Beijing to challenge US tariffs before the WTO, saying Trump administration to blame for global economic ‘turbulence’.

Al Jazeera

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Xi calls for fair global governance during meeting with Spain's Sánchez

Tariffs announced last week and than paused by US President Donald Trump could push the European Union to pursue more trade with China, the world's third-largest consumer market after the US and the EU.

Euronews

XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?

XPeng surprised investors with a 331% YoY jump in EV deliveries in Q1 2025, and a 2678% jump in deliveries in March 2025. Should Tesla be worried?

MarketBeat

Shanghai Dolls review – treachery and affinity between the women of Mao’s world

Amy Ng’s ‘untold true story’ of two friends, who become China’s foremost theatre director and Mao Zedong’s wife, is a story of survival and a play of ideas

The Guardian - UK

More Brits rush to buy gold which hits record high price as Trump tariffs war wipes trillions off shares

Investors are also piling into buying the Swiss franc and the yen while the US dollar has slumped amid the US president’s trade chaos

Evening Standard

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First Thing: China raises tariffs on US imports to 125%

Xi Jinping makes move after urging EU to resist Trump’s ‘bullying’. Plus, the supreme court orders the US to help return a Salvadorian man it wrongly deported

The Guardian - UK

How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs

The tech giant reportedly ordered cargo flights to transport 600 tonnes of iPhones from India to the US to avoid tariffs at the end of March.

Euronews

Tariffs and gaming handhelds: Should I buy a Steam Deck, ROG Ally, or even a Nintendo Switch right now?

Learn all you need to know about how tariffs will affect the cost of gaming handhelds. I'm also keeping tack of current handheld prices so you can know when to buy.

Windows Central

Here's what some exporters in China say about Trump's trade war

The trade war between the world’s two largest economies is escalating as China slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products

The Independent UK

Trump wants iPhones to be made in the US. It's unlikely Apple will leave China despite his tariffs

Donald Trump is hoping Apple will return to the US to make its flagship products. Even with tariffs in place, there's little incentive for the tech giant to leave China.

Euronews

Investors flee U.S. assets but Chinese markets shrug off Trump's 145% tariff as trade war begins

The tit-for-tat retaliation between the U.S. and China could wipe out all bilateral trade between the the world's two largest economies.

Fortune

How does a Fortune 500 company adjust its supply chain overnight? Most are piecing together a playbook on the fly

“Almost every client I talk to has a war room,” says Mary Rollman, KPMG’s U.S. supply-chain leader.

Fortune

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Fortune

Trump’s trade war with China begins — and Apple and Tesla are the first casualties

Also: Fortune’s 100 Best Companies to Work For, Apple’s supply chain is trapped.

Radio France Internationale

Macron calls US tariff pause ‘fragile’ and urges EU to stay strong

A decision to delay imposing tough new tariffs on the EU was a “fragile pause”, French President Emmanuel Macron said on Friday as he urged Europe to defend its interests and push for a fairer deal.

Barchart

S&P Futures Gain With Focus on Key U.S. PPI Data and Big Bank Earnings, China Retaliates Again

June S&P 500 E-Mini futures (ESM25) are trending up +0.69% this morning as investors await crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

Barchart

S&P Futures Slip as U.S.-China Trade War Heats Up, PPI Data and Big Bank Earnings on Tap

June S&P 500 E-Mini futures (ESM25) are trending down -0.29% this morning as the trade war between the world’s two largest economies continues to escalate, while investors await crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

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The Guardian - US

Court ruling saying Mahmoud Khalil can be deported condemned as ‘unjust and alarming’ – as it happened

This live blog is now closed

Dynamite News

Sensex Soars 1,000 Points: India Celebrates US Tariff Pause Amid Global Trade Jitters!

Sensex jumps 1,000 plus points, Nifty up by 300 points as US delays tariffs on India. Gains trimmed by US-China trade war fears. Read more at Dynamite News.

The National (Scotland)

China slaps 125 per cent tariff on US as trade war intensifies

China has announced fresh countermeasures to US president Donald Trump's latest tariffs in an escalating trade war between the two nations ...

The Independent UK

In Shanghai Dolls, Madame Mao’s life story of art, revolution and resentment is undone by clichés

2/5 This real-life tale of Mao’s wife and the first female director of China fails to meet its own potential

Evening Standard

China hits back at US with 125% tariffs as Xi Jinping warns Donald Trump ‘there are no winners in trade war’

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

International Business Times

China Hikes Tariffs On US Goods To 125%

Chinese exports to the U.S. are now facing tariffs as high as 145%, signaling a major escalation in the ongoing trade conflict.

The Guardian - UK

China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues

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