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The Latest Breaking News from China

Choppy markets show investors gulping down developments on tariffs and the sluggish U.S. dollar

The current tariff reprieve in the tech sector is likely temporary, said Eric Compton, director of equity research for the sector at Morningstar.

Fortune

Energy Demand Concerns Undercut Crude Prices

May WTI crude oil (CLK25 ) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25 ) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Also, Tuesday's action by the International Energy Agency (IEA) to cut its global...

Barchart

The Latest: Trump administration freezes more than $2.2 billion in grants to Harvard University

The federal government says it’s freezing more than $2.2 billion in grants and $60 million in contracts to Harvard University after the institution said it would defy the Trump administration’s demands to limit activism on campus

The Independent UK

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read the most diverse news in one place.

US-China trade war leaves NZ worse off, but still well placed to weather the storm – new modelling

Forecasting the potential impact of Donald Trump’s turbulent tariff policies is a fraught business – and fraught for business. The United States president has changed, paused and exempted various categories of goods so often, the only certainty is uncertainty.

The Conversation

Trump’s Nvidia deal lays bare the contradictions in America’s AI policy

The Trump administration is talking tough on China—but Nvidia's efforts to negotiate reveals the contradictions at the heart of U.S. AI policy.

Fortune

Volvo China Open 2025 Picks, Odds And Predictions

Following a break for The Masters, the DP World Tour returns for the final two weeks of its Asian Swing and the Volvo China Open is the penultimate event

Golf Monthly

UK trade secretary to visit China with aim of reviving key joint trade commission

Jonathan Reynold’s trip suggests government will continue its rapprochement with Beijing despite security concerns

The Guardian - UK

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'The Trump administration can't ignore Boeing,' BofA says after China reportedly halts imports from the U.S. aircraft manufacturer

Boeing is America’s top exporter and receives two-thirds of its aircraft orders internationally.

Fortune

Trump Says China 'Reneged' On Boeing Deal as Tensions Flare

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

International Business Times

Crude Prices Weaken as IEA Cuts its Global Crude Demand Forecast

May WTI crude oil (CLK25 ) today is down -0.23 (-0.37%), and May RBOB gasoline (RBK25 ) is up +0.0033 (+0.16%). Crude oil and gasoline prices today are mixed. Today’s stronger dollar is weighing on crude prices. Also, today’s action by the International Energy Agency (IEA) to cut its global...

Barchart

Ed Davey urges China to ‘publish the tapes’ after MP denied entry to Hong Kong

Wera Hobhouse, the Lib Dem MP for Bath, was refused entry to the former British territory while travelling to meet her son and baby grandson.

The Independent UK

Johnson & Johnson expects $400 million in tariff-related costs, mostly related to China

Health care giant Johnson & Johnson expects about $400 million in tariff-related costs this year

The Independent UK

Strength in Banks and Lower Bond Yields are Boosting Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM25 ) are up +0.42%, and June E-mini Nasdaq futures...

Barchart

China reportedly orders its airlines to halt Boeing jet deliveries amid US trade war

Carriers also asked to stop purchases of aircraft-related equipment and parts from US firms, report says

The Guardian - UK

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Evening Standard

Reynolds says Chinese firms would be viewed ‘in different way’ over steel bids

But the Business Secretary added that the dispute over the North Lincolnshire site was because of ‘one specific company’.

Barchart

Stocks Climb on Hopes of a Softer US Tariff Stance

The S&P 500 Index ($SPX ) (SPY ) today is up +0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. June E-mini S&P futures (ESM25 ) are up +0.65%, and June E-mini Nasdaq futures...

The Guardian - UK

Why was I deported from Hong Kong? There should be no more ministerial visits until the UK gets an explanation

The government needs to be clear-eyed about the threats posed by China – not just accept them as the cost of doing business, says Wera Hobhouse MP

The Independent UK

Ranchers hope Trump's tariffs boost demand for cattle but some fear market uncertainty

Ranchers hope President Donald Trump's tariffs will make imported beef expensive enough that Americans will turn to cattle raised at home for all their hamburger and steaks

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Latin Times

China Rejects 'Manipulation' After Soldiers Captured in Ukraine Say Russia Fed Them Lies

China urged "relevant parties" to "refrain from political manipulation and hype" after two nationals captured in Ukraine said Moscow fed them lies to get them to the front lines

TechRadar

Chinese police accuse NSA of 'advanced' cyberattacks

The attacks allegedly took place in February 2025, and included a pair of US universities.

The Conversation

The Thucydides Trap: Vital lessons from ancient Greece for China and the US … or a load of old claptrap?

The so-called Thucydides Trap has become a staple of foreign policy commentary over the past decade or so, regularly invoked to frame the escalating rivalry between the United States and China.

Investors Business Daily

Boeing Stock Falls On China Trade-War Retaliation

Boeing stock falls on reports that China will halt orders from the Dow Jones manufacturer in response to President Trump's tariffs.

The Guardian - US

US’s $2.36tn tourism business fears ‘Trump slump’ over tariff turmoil

Warnings emerge even as effect of economic and political turbulence on the foreign visitors to the US is hard to define

The Independent UK

Drones found by Filipino fishermen capable of ‘underwater warfare’

Navy says there is ‘55 to 80 percent likelihood’ that at least two of these drones were sent by China

The Conversation

Trump has shown he will backtrack on tariffs. What does that say about how to wage a trade war?

Amid Donald Trump’s escalating tariff war with China, the world has been left in no doubt. Consistent with his campaign messaging, and going against the overwhelming majority of economists’ advice, it’s clear that the US president still loves tariffs. He is ready to use them as a bargaining tool –…

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