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The Latest Breaking News from China

Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts

Nothing is certain under this president – as seen in the inconsistent implementation of tariffs. And it has a longer-term economic cost

The Guardian - US

As Trump brings the EU and China closer, reality keeps pulling them apart

The chaos unleashed by Donald Trump's tariffs has fuelled speculation of an imminent rapprochement between the European Union and China. But the cold hard facts might stand in the way.

Euronews

Trump Carves Up World And International Order With It

By casting doubt on the world order, Donald Trump risks dragging the globe back into an era where great powers impose their imperial will on the weak, analysts warn.

International Business Times

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How will tariffs impact the iPhone 17 price? Here's what the experts say (Updated)

The threat of tariffs isn't going anywhere, and that means you could end up paying more for this year's iPhone 17

Tom’s Guide

Did Trump’s tariffs kill economic populism?

Lasting damage has been done not only to Trump’s political credibility but to globalisation as a system

The Guardian - UK

Chinese Manufacturers In Fighting Spirits Despite Scrapped US Orders

On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of branches, wiping away sweat as they daubed white-paint snow onto plastic pine needles.

International Business Times

Hong Kong’s leading pro-democracy party prepares to shut shop

Democratic Party founding member says Chinese authorities told him party needed to disband

The Independent UK

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Trump is ‘making it up as he goes’ on tariffs, hurting US and allies, charges Wall Street Journal

Whose side is he on, wonders editorial

The Independent UK

‘Don’t panic, but don’t relax’: Taiwan’s plan ‘to use 7-Eleven chains’ as wartime hubs

From energy security to boosting internet connections, Taiwan is working on ways to protect its population if China attacks

The Guardian - AU

Uncertainty the only sure-thing as market chaos reigns

Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.

AAP

Stocks Recover on a Report the Fed Is Ready to Stabilize Markets

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.89%. June E-mini S&P futures (ESM25 ) are up +1.84%, and June E-mini Nasdaq futures...

Barchart

BlackRock CEO thinks we might already be in a recession

‘We now have a 90-day on the reciprocal tariffs — that means longer, more elevated uncertainty,’ Fink predicts

The Independent UK

Tariff Angst Sinks the Dollar and Boosts Gold to a Record High

The dollar index (DXY00 ) Friday fell by -0.80% and posted a 3-year low. The dollar retreated Friday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. On Friday, China raised tariffs on all US goods to 125% from 84%...

Barchart

Tariff Turmoil Weighs on Nat-Gas Prices

May Nymex natural gas (NGK25 ) on Friday closed down by -0.030 (-0.84%). May nat-gas prices on Friday posted moderate losses on concern the escalation of the US tariff turmoil will roil global trade and curb demand for US nat-gas supplies. On Friday, China raised tariffs on all US goods...

Barchart

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InsideEVs

Polestar Waves The White Flag In China

Electric starup Polestar may be seeing a bit of a resurgence this year, but it's also pumping the brakes hard in the world's largest EV market.

Barchart

Tesla Suspends Model X and S Orders in China. How Should You Play TSLA Stock Here?

Tesla has stopped taking new orders for Model S and Model X in China amidst U.S.-China trade tensions. Could TSLA shares recover meaningfully in 2025?

Fortune

Trump tariffs backfire on Elon Musk, as Tesla pulls U.S.-built models from China

Tesla has stopped taking orders for the Model S and Model X in China, which now face retaliatory 125% import duties levied by Beijing.

The Conversation

In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand

When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China.

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TechRadar

China admits behind closed doors it was involved in Volt Typhoon attacks

A series of cyberattacks targeting US infrastructure has been privately claimed by China.

The Independent UK

Could Trump's tariffs slow emissions? Sure, experts say, but at great cost overall

President Donald Trump’s sweeping global tariffs could cause planet-warming greenhouse gas emissions to drop temporarily, but that won’t help the climate long-term

The Guardian - US

Trump insists tariff war is ‘doing really well’ as recession fears mount

S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulence

Salon

Tariff surcharges begin to hit shoppers

Some companies are charging consumers more as the U.S.-China feud continues

Tom’s Hardware

China fires back at Trump’s tariff increases with 125% levies on U.S. goods

China increased its tariffs on U.S. imports from 84% to 125% in response to Trump's moves.

InsideEVs

BYD’s 5-Minute EV Charging: Why Doesn’t America Have It Yet?

China’s electric carmakers are outclassing their Western competition so much that it’s almost not news at this point. But their technological supremacy hit such a crescendo in recent weeks that even people who aren’t car nerds had no choice but to perk up.

PC Gamer

Apple reportedly shipped 600 tons of iPhones in rapid time to 'beat the tariff', only for tariffs to see a 90-day pause

This should hold off price rises for a little while.

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