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The Latest Breaking News from China

New Trump Tariffs Imposed On China, Canada: Here Are the List Of Products That Might Get Affected

As the tariffs begin to take effect on Tuesday, some price hikes will be visible almost immediately, while others may take longer to reflect the higher costs.

International Business Times UK

North Korean tourist village shuts down after just three weeks

Rason, near North Korea’s border with China, was established in 1991

The Independent UK

S&P Futures Climb on Hints of Tariff Compromise, U.S. ADP Jobs Report in Focus

March S&P 500 E-Mini futures (ESH25) are trending up +0.73% this morning, rebounding from yesterday’s losses after U.S. Commerce Secretary Howard Lutnick said the Trump administration might dial down some trade tariffs.

Barchart

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Main takeaways from China’s parliamentary session kick-off

China has kicked off its annual parliamentary session, the National People’s Congress, which outlines the government’s priorities for the year

The Independent UK

US Government Workers With Top Security Clearances Fired By Musk's DOGE Without Exit Briefings: Report

Authorities have long warned about foreign espionage agencies, particularly from China, using social media platforms to target individuals with access to U.S. government secrets.

International Business Times

China sets 5 percent growth target despite trade war with US

Beijing pledges to make domestic demand its main economic driver as escalating trade war with the US hits exports.

Al Jazeera

China warns it’s prepared for ‘any type of war’ with US in response to Trump tariffs

Livid China warns US against intimidation and bullying

The Independent UK

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China targets 5% growth and increases defence budget to assert territorial dominance

Chinese premier Li Qiang announces optimistic target and delivers government's annual work report to national parliament

The Independent UK

Tariffs, Elon Musk, Ukraine: Key Takeaways From Donald Trump's First Congress Address

President Trump delivered a historically long address to Congress Tuesday, as Democrats protested by walking out and refusing to clap while he enumerated his accomplishments.

International Business Times

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

A Minnesota farmer worries about the price of fertilizer

The Independent UK

Explained: what is China’s Two Sessions meeting?

The annual political gathering begins this week in Beijing, with the economy, tech and Donald Trump’s trade war high on the agenda

The Guardian - AU

In Speech to Congress, Trump Promises More Tariff Madness

The tariffs Trump has already imposed on Canada, Mexico, and China will cost an estimated $142 billion this year—and he says more are on the way.

Reason

China will increase its defense budget 7.2% this year

China says it will increase its defense budget 7.2% this year

The Independent UK

Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains

Asian shares and US futures are higher after Wall Street's losses wiped out all of the S&P 500’s post-U.S. election gains

The Independent UK

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The Independent UK

Trump orders massive forest clearings to curb US reliance on foreign timber

The U.S. has historically imported timber from China and Canada

The Guardian - UK

China sets GDP target of 5% for 2025 amid tariff war with Trump

Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war

Fortune

Trump’s tariffs on Canada and Mexico just went into effect. Here are the products that could suddenly get more expensive

The tariffs are set to hit staples like groceries and cars.

The Independent UK

China keeps its economic growth target at 'around 5%' for 2025

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds

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The Independent UK

How Trump’s tariffs on Canada, Mexico and China will impact US businesses and shoppers

President Donald Trump’s long-threatened tariffs have plunged America into an escalating trade war — and consumers and businesses will be the hardest hit

InsideEVs

Volkswagen Was Already In Trouble. Tariffs Could Make Things Much Worse

Volkswagen had a tough go of things last year. The company's sales fell by 10 percent in China, arguably its most important. Its other stronghold, Europe, was flat, with a shrinking overall car market that led to VW Group sales falling by 0.1%. This strained the company's finances, eventually forcing…

Barchart

Stocks Fall on Trade Tensions But Chip Stocks Help Soften Losses

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.36%. March E-mini S&P futures (ESH25 ) are down -0.77%, and March E-mini Nasdaq futures...

The Guardian - US

Hong Kong firm to sell stake in Panama ports amid Trump pressure

Deal with US finance giant BlackRock, valued at almost $23bn, comes amid push to curb perceived China influence

Barchart

Crude Prices Fall as US Tariffs May Undercut the Economy and Energy Demand

April WTI crude oil (CLJ25 ) Tuesday closed down -0.11 (-0.16%), and April RBOB gasoline (RBJ25 ) closed up +0.0064 (+0.29%). Crude oil and gasoline prices Tuesday settled mixed, with crude falling to a 2-3/4 month low. Crude prices were under pressure Tuesday due to concerns that escalating global trade...

The Guardian - AU

Crisafulli urges residents to prepare as storm approaches – as it happened

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Reason

Tariffs Are In Effect. Expect Everything To Become More Expensive.

The Trump administration’s trade war leaves everyone worse off.

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