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The Latest Breaking News from China

‘Both sides blinked’: Even fox business admits Trump ‘forced to back off’ on China tariffs

Fox News's own Gasparino has a shocking opinion about the US-China tariff deal.

We Got This Covered

Stocks Supported by Easing US Inflation Pressures

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. June E-mini S&P futures (ESM25 ) are up +0.30%, and June E-mini Nasdaq futures...

Barchart

Olympic Gold Medal Freestyle Skier Eileen Gu Makes Her SI Swimsuit Debut

Eileen Gu will be representing China in the 2026 Winter Olympics, having already won two gold and one silver at the 2022 Winter games. She began skiing when she

Sports Illustrated

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OpenAI CEO whines to Congress about pesky regulations, once more insists the tech's impact will be 'as big as the internet, maybe bigger'

As far as senators are concerned, it's all about beating China.

PC Gamer

No Divorce From China

Plus: Homeless encampments in California, taxing university endowments, and more...

Reason

3 Huge S&P 500 Winners From Trump Trade Deal & The Biggest Loser

Trump's trade deal with China lifted many stocks massively, but it also hurt others. Check out the biggest risers and fallers after the breakthrough news.

MarketBeat

Chinese Cars Will Enter The U.S. Market, Say Auto Execs

China has been pumping out some pretty sweet EVs lately. They're cheap, packed with boatloads of tech, and are arguably a pretty amazing value proposition for the money. It's kind of obvious why U.S. automakers are worried about the thought of these cars ever hitting the U.S. market.

InsideEVs

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What or where is the Indo-Pacific? How a foreign policy pivot redefined the global map

Open a book of maps and look for the “Indo-Pacific” region – it likely won’t be there.

The Conversation

Just as Tesla reclaims $1 trillion market cap, worrying data out of China has investors asking questions

Tesla's weekly sales in China tumbled to just 3,070 vehicles last week, the worst performance since the start of Q2, driven by low volumes of the new Model Y.

Fortune

'Multiple crises' in Nvidia's supply chain may see 'prices increase across the board' for its GPU partners, making your chances of ever getting an MSRP card pretty damned low

Nvidia's chips are already hard to get at MSRP in the US.

PC Gamer

6 timeless pieces from your Grandma's kitchen you're going to want to keep

From vintage china to cookware staples, keep your eye on these kitchen classics that will never date

Homes & Gardens

Apple adds $180 billion to market cap as Trump reveals he spoke to Tim Cook after China tariffs rollback

President Trump said he spoke with CEO Tim Cook about Apple’s U.S. investments on Monday.

Fortune

Nissan to shut seven factories, cutting 20,000 jobs worldwide

Carmaker slumps to £3.4bn loss after talks over Honda merger collapse and US and China sales fall

The Guardian - UK

Jerome Powell may finally grant Trump his interest rate wish thanks to China deal

President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be happening any time soon.

Fortune

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news in one place.

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Fortune

Markets react with unbridled joy to tariff reductions—although HSBC warns of 'bumpier' road ahead

The S&P 500 index closed up 3.26% yesterday and it nearly erased its losses for the year.

Barchart

Stocks Set to Open Lower After Trade Truce Rally, U.S. Inflation Data on Deck

June S&P 500 E-Mini futures (ESM25) are down -0.26%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.41% this morning, taking a breather after yesterday’s rally, while investors gear up for the release of key U.S. inflation data.

The Guardian - UK

China cautiously welcomes pause in US tariff war

State media editorial says talks mark ‘step toward resolving differences’ but Xi again criticises US ‘bullying’

Al Jazeera

Why did the US and China slash tariffs – and what’s next?

Experts say the pullback on tariffs shows that China managed to stand its ground, as Trump battled domestic pressure.

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news in one place.

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Euronews

'It's extremely encouraging,' Eurogroup president says on US-China trade rollback

Eurogroup President and Irish Finance Minister Paschal Donohoe welcomed the move of the United States and China agreeing to drastically roll back tariffs for 90 days. In an exclusive interview with Euronews, he called it a promising development for EU–US relations.

The Independent UK

Japan's Honda projects plummeting profits due to Trump's tariffs

Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped

The Guardian - UK

Trump risks driving Europe into China’s embrace. Xi Jinping will be delighted

As the US descends into chaos, China is pitching itself as the steadier player. But Europe should be wary of its advances, says Orville Schell of the Center on US-China Relations at Asia Society

The Guardian - UK

US to slash tariff on small China parcels from 120% to 54%

Cut in low-value ‘de minimis’ tariff marks further de-escalation of trade war and will benefit Shein and Temu

International Business Times UK

Wall Street Analysts Divided Over Impact Of US-China Trade Deal

A 90-day tariff cut between the US and China boosts stocks, yet Wall Street debates growth prospects against inflation risks.

Evening Standard

FTSE 100 Live 13 May: M&S posts cyber crisis update, jobless rate at 4-year high

Consumer-focused stocks today fared well as sentiment in a flat FTSE 100 index benefited from strong updates by smaller caps Wickes and Marston’s.

The Conversation

The US and China have reached a temporary truce in the trade wars, but more turbulence lies ahead

Defying expectations, the United States and China have announced an important agreement to de-escalate bilateral trade tensions after talks in Geneva, Switzerland.

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