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The Latest Breaking News from China

Google parent Alphabet’s revenues disappoint Wall Street amid stiff AI competition

Revenue slowdown reflects ‘challenging year’ firm has had and 2025 may be year it loses competitive edge, say analysts

The Guardian - US

Stock Market Alert: History Repeating Itself?

The last time we played around with tariffs was back in 2018 when we started a trade war with China. To say the least that was very negative for stocks as the S&P 500 (SPY) tanked the second half of the year. We need to learn from those history lessons…

StockNews.com

President Trump Remains Confident In Trade Strategy Against China

President Trump expresses confidence in his trade strategy amid escalating tensions with China, emphasizing a commitment to rebalancing trade and protectin...

Top News

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Stocks Settle High on Strength in Megacap Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.26%. March E-mini S&P futures (ESH25 ) rose by +0.68%, and March E-mini Nasdaq futures...

Barchart

Trump’s tariff tactics carry higher economic risks than during his first term

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade

The Independent UK

Panama Considers Withdrawing from Port Deal with Hong Kong Firm After Trump's Canal Offensive

The decision could reshape economic ties in the region as U.S.-China tensions escalate.

Latin Times

Dollar Slides with Bond Yields on Weak US Economic News

The dollar index (DXY00 ) Tuesday fell by -0.94%. The dollar tumbled Tuesday as trade worries eased after the US delayed a 25% tariff on goods from Canada late Monday. Also, China’s restrained response to US tariffs eased concerns of a broader trade war. The stabilization of stock prices Tuesday...

Barchart

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US-China Trade War Concerns Weigh on Crude Prices

March WTI crude oil (CLH25 ) Tuesday closed down -0.46 (-0.63%), and March RBOB gasoline (RBH25 ) closed down -0.0187 (-0.88%). Crude oil and gasoline prices Tuesday settled moderately lower, with crude sliding to a 5-week low. Crude prices are under pressure as tariff concerns eased after the US said...

Barchart

Trump’s opening tariff salvo will hurt US consumers − following through on Canada, Mexico threats will increase the price pain

If U.S. voters reelected Donald Trump hoping for relief from higher prices, his recent threats to impose tariffs on America’s three largest trade partners might make them think again.

The Conversation

Hedge Fund Kerrisdale Capital Says This 1 Stock Could Be a DeepSeek Winner

As DeepSeek shakes investor confidence in U.S. tech giants, Kerrisdale Capital identifies one stock that could emerge as a major winner in the midst of this turmoil.

Barchart

Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms

On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking.

The Conversation

Sam Altman bemoans being on "wrong side of history" with a major aspect of AI

OpenAI Sam Altman says his company is "on the wrong side of history" with a business model built purely around proprietary AI models.

Fortune

China reopens antitrust probe into Google, Nvidia, and Intel may be next

China reopens investigations targeting Google and Nvidia to gain leverage in upcoming negotiations with U.S. President Trump. Intel could be next.

Tom’s Hardware

Panama court is asked to cancel Hong Kong firm’s contract to run canal ports

Complaint by local lawyers to supreme court follows US demands to reduce China’s alleged influence on waterway

The Guardian - US

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International Business Times

Australia Bans DeepSeek AI Program On Govt Devices

Australia has banned DeepSeek from all government devices as it seeks to block "an unacceptable level of security risk" presented by China's breakout artificial intelligence program, according to an official order Tuesday.

The Conversation

Putting DeepSeek to the test: how its performance compares against other AI tools

China’s new DeepSeek Large Language Model (LLM) has disrupted the US-dominated market, offering a relatively high-performance chatbot model at significantly lower cost.

Top News

China Launches Antitrust Probe Into Google Amid Trade Tensions

China's antitrust probe into Google amid trade tensions raises concerns over market practices and Android system. Google faces uncertain outcomes in China.

International Business Times

Rubio Asks If Aid Groups 'Sabotaging' Projects Over US Fund Freeze

Secretary of State Marco Rubio alleged Tuesday that some aid groups may have intentionally sabotaged projects to make a point after he froze most US assistance.

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Fortune

Tesla and Apple are the ‘Magnificent Seven’ companies hit hardest by tariff shocks

Tesla’s stock fell 5% on Monday, the biggest drop for any member of the so-called Magnificent Seven, while Apple shares dropped 3%.

International Business Times

Amid Trump Trade Tensions, WTO Remains Crippled Arbiter

While US President Donald Trump unleashes trade wars and tariffs, the system for settling such disputes within the World Trade Organization has been paralysed for years -- by the United States.

Fortune

Goldman Sachs says Trump's tariffs could bruise stocks, estimating every 5-percentage-point increase would slash S&P 500 earnings per share by 1%–2%

Before the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico will be temporary.”

The Guardian - US

‘I can’t order 100 pieces of junk for $15?’: How Trump’s tariff will hit fast-fashion devotees

The 10% levy on goods imported from China closes a loophole used by Temu and Shein. Experts say it may only tighten their grip on Americans

Latin Times

Americans Face Decades in Prison for Downloading DeepSeek Under New Republican Bill

Missouri Sen. Josh Hawley introduced a bill that could earn Americans jail time if they were to download Chinese AI models while actively residing in the US.

Barchart

Crude Prices Slip as Tariff Concerns Ease

March WTI crude oil (CLH25 ) today is down -0.48 (-0.66%), and March RBOB gasoline (RBH25 ) is down -0.0285 (-1.35%). Crude oil and gasoline prices today are moderately lower, with crude sliding to a 5-week low. Crude prices are under pressure as tariff concerns eased after the US said...

The Independent UK

What do China's new tariffs on U.S. mean for consumers

The impact on U.S. consumers are likely to be limited so far, but experts warn of a looming ‘tit-for-tat trade war’

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