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The Latest Breaking News from China

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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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.

InsideEVs

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?

Barchart

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 that now face retaliatory 125% import duties levied by Beijing.

Fortune

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.

The Conversation

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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 Independent UK

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

The Guardian - US

Tariff surcharges begin to hit shoppers

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

Salon

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.

InsideEVs

Amazon Stock Breaks Nine-Week Skid As Wall Street Debates Tariff Hit

Amazon stock broke a streak of nine straight losing weeks, helped by Wednesday's rally.

Investors Business Daily

Ray Dalio says a recession is likely—but not a normal one: 'We are changing the monetary order'

“I’m more worried about the greater dynamic of these conflicts,” the Bridgewater Associates founder said after President Donald Trump pressed pause on some tariffs, but placed more on China.

Fortune

Jolted By Trump, EU Woos New Partners From Asia To Latin America

Shaken by Donald Trump's tariff blitz, the EU has embarked on a charm offensive to diversify its alliances in Asia and beyond, with summits lined up back-to-back and trade talks launched in all directions.

International Business Times

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Barchart

Nike Stock Just Set New 52-Week Lows. Is a Rebound Coming?

Nike stock set a new yearly low on April 10. This decline has dragged its valuation lower.

Investors Business Daily

Apple Tariff Exemption Odds Increasing As China Levies Kick In

Wall Street analysts and investors think the odds are increasing that Apple will get an exemption to the Trump tariffs. Apple stock rose on Friday.

The Guardian - UK

‘The damage is done’: Trump’s tariffs put the dollar’s safe haven status in jeopardy

Experts say fears about unpredictable policy are creating crisis of confidence in US bonds once seen as ‘risk free’

Al Jazeera

Trump’s tariffs: A simple illustrated guide to 15 economic terms to know

What do terms like tariffs, trade deficits, trade wars, bonds, and recession mean in simple language?

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The Guardian - UK

Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says

Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down

Barchart

Stocks Waver Friday After Wild Week of Volatility

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.54%. June E-mini S&P futures (ESM25 ) are up +0.86%, and June E-mini Nasdaq futures...

Barchart

Stocks Pressured by Soaring Price Expectations

The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. June E-mini S&P futures (ESM25 ) are down -0.19%, and June E-mini Nasdaq futures...

Euronews

US stocks remain volatile as bank earnings fail to cheer investors

Stronger-than-expected profit reports from major banks such as JPMorgan Chase and Morgan Stanley did little to cheer investors as well.

InsideEVs

The Tariff War Is Making EVs Cheaper. Just Not For You

This year, global trade is undergoing major restructuring amid President Trump’s tariffs on America’s trading partners. The historically strong transatlantic partnership between the U.S. and Europe is now faltering amid the trade war. China might be looking for ways to pull Europe closer, especially with regard to electric vehicles.

Barchart

Trump’s Tariffs Are Hammering Meta Stock. Should You Buy the Dip or Wait It Out?

While Meta is still the best-performing Magnificent 7 stock, it has lost 26% from its highs.

Barchart

Dollar Sinks to a 3-Year Low as US-China Trade Way Escalates

The dollar index (DXY00 ) today is down by -1.20% and tumbled to a 3-year low. The dollar is sharply lower today because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. China raised tariffs on all US goods to 125%...

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