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The Latest Breaking News from China

Here's How Automakers Are Reacting to Trump's Tariffs

The Trump Administration recently announced a 10-percent baseline tariff on all goods imported into the United States, including vehicles. Some countries will face even higher costs, with goods from China subject to 34-percent tariffs, and goods from the European Union subject to 20-percent tariffs.

Motor1

China’s retaliatory tariffs spark fresh turmoil in global financial markets

Fresh turmoil was sparked on Friday by China announcing it will impose a 34% tariff on imports of all US products.

Evening Standard

What do Trump’s 145% tariffs on China mean and who will be affected?

IN NUMBERS: As China and the US both lash out with 125% tariffs, Alicja Hagopian and Millie Cooke look at what industries will be hardest hit.

The Independent UK

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Intel Stock Is Falling Victim to the Trade War. How Should You Play INTC Here?

China’s retaliatory tariffs on American goods are hurting Intel stock on Friday. But a UBS analyst sees reason to buy INTC shares on the pullback.

Barchart

The $2,300 iPhone: Apple products could increase dramatically in price because of Trump tariffs, experts say

Most companies, including Apple, are yet to give clear information on what tariffs might mean for prices or profits

The Independent UK

China strikes back at Trump with 34 percent tariff — bans some rare earth exports to the U.S.

China applied a 34% tariff on all goods coming from America., as well as banning the export of seven rare earth metals to the U.S.

Tom’s Hardware

Commission watching for Chinese steel and electronics imports amid trade war

As reciprocal tariffs kick in, the EU is expecting goods formerly destined for the US to seek EU markets, with Chinese renewables, steel and electronics topping a list of products the Commission is keeping its eye on.

Euronews

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Crude Prices Plunge as Tariff Turmoil Threatens Global Energy Demand

May WTI crude oil (CLK25 ) today is down -4.66 (-6.96%), and May RBOB gasoline (RBK25 ) is down -0.1146 (-5.30%). Crude oil and gasoline prices are sinking for the second day, with crude falling to a 4-year low and gasoline sliding to a 1-month low. Tariff turmoil is undercutting...

Barchart

Stock Rout Continues on Global Trade War Fears

The S&P 500 Index ($SPX ) (SPY ) today is down -4.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -3.79%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -4.76%. June E-mini S&P futures (ESM25 ) are down -4.09%, and June E-mini Nasdaq futures...

Barchart

Apple iPhone prices could soar to £2,700 due to Trump's tariffs, says analyst

Apple faces a tough choice: absorb the costs and risk growth or pass them on to consumers with eye-watering price hikes

Evening Standard

China hits US with massive tariffs - here’s how the markets reacted

Trump tariffs live: China hits US with huge 34% tariff after FTSE drops in market meltdown

The Independent UK

Billions In U.S. EV Projects Just Stalled, As China Speeds Ahead

Under the Biden administration’s Inflation Reduction Act, the U.S. was on track to meet all its battery demand for electric vehicles from local manufacturing by the end of the decade. Now, the country may not reach that goal as billions of dollars worth of clean energy projects have stalled in…

InsideEVs

John Rentoul answers your Trump tariffs questions from the ‘Brexit dividend’ to chlorinated chicken

ASK ME ANYTHING: In a live Q&A, The Independent’s chief political commentator John Rentoul fielded readers’ questions on Trump’s trade war, its global consequences, and the UK’s options for navigating this latest storm

The Independent UK

Is the US Soybean Market Great Again?

Regardless of how one views the US soybean market, there are a number of fundamental factors that shed light on the situation.

Barchart

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International Business Times

Trump Goads China After Beijing Retaliates In Global Trade War

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

Barchart

Dollar Recovers on US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.31%. The dollar today recovered from early losses and is moderately higher as it consolidates above Thursday’s 6-month low. Short covering emerged in the dollar today after US March payrolls rose more than expected, a hawkish factor for Fed policy. The...

International Business Times

China Strikes Back With Steep Tariffs, Deepening US Trade Rift

China announced Friday it will impose a 34% tariff on all U.S. imports starting April 10, marking a significant escalation in its response to President Donald Trump's aggressive trade measures.

Evening Standard

Wall Street stocks plunge deeper after worst trading day since pandemic

Trading has been hammered in the aftermath of President Donald Trump unveiling his full range of import taxes on countries around the world.

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Euronews

Global sell-off worsens and Dow Jones tumbles as China hits back at US

China announced retaliatory tariffs of 34% against the US on Wednesday, a move causing several US stocks to plunge, particularly those of firms with extensive ties to China.

Barchart

Stock Losses Deepen on China Retaliatory Tariffs

The S&P 500 Index ($SPX ) (SPY ) today is down -2.89%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.83%. June E-mini S&P futures (ESM25 ) are down -2.62%, and June E-mini Nasdaq futures...

Dynamite News

China imposes 34% tariff on imports of all U.S. products starting April 10

China will impose 34% tariffs on all U.S. imports starting April 10, matching U.S. rates, while tightening rare earth export controls and sanctioning 27 U.S. firms.

Latin Times

Video Shows Marco Rubio Bashing Tariffs As 'Tax on Americans' Years Before Backing Trump's 'Liberation Day' Agenda

Back when he was campaigning for president years ago, Marco Rubio slammed tariffs as a "tax on Americans." Now he defended them and assured that markets will recover after crashing

The Guardian - UK

China retaliates against Trump in trade war with 34% tariffs on US imports

Fears of global recession rise as stock markets continue to fall after China responds to US president’s ‘bullying practice’

Reason

The Morning After

Plus: Eric Adams' clown show, Matt Taibbi's lawsuit, and more...

International Business Times

Where Things Stand In The US-China Trade War

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods.

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