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The Latest Breaking News from China

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%...

Barchart

US, China trade war escalates, Beijing ups retaliatory tariffs to 125 pc

Stock markets in Europe were trading down Friday morning after China hiked its retaliatory tariffs on the United States to 125% from 84%. Read more at Dynamite News.

Dynamite News

‘There isn’t an hour to lose’ – Harris says tariff pause vital for negotiations

Ireland’s deputy premier said it is important to ‘utilise’ US President Donald Trump’s 90-day tariffs pause.

Evening Standard

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China Dismisses Trump's Trade Strategy as 'Joke' While Issuing Major Hike on US Goods

China again raised tariffs on U.S. goods, retaliating to Donald Trump's escalation of the trade war between the countries

Latin Times

Stocks Wobble After Wild Week of Tariff Swings

The S&P 500 Index ($SPX ) (SPY ) today is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.07%. June E-mini S&P futures (ESM25 ) are up +0.17%, and June E-mini Nasdaq futures...

Barchart

Stocks Push Higher on Strength in Bank Earnings and Easing Price Pressures

The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. June E-mini S&P futures (ESM25 ) are up +0.34%, and June E-mini Nasdaq futures...

Barchart

$2,150 for an iPhone? Trump tariffs are ‘category 5 price storm’

US is not set up to supply mobile phones and would cost estimated $30bn to move just 10% of chain from China

The Guardian - UK

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OnePlus Watch 3 releases with a hefty price tag in the US and we don't know why

OnePlus Watch 3 was hit by a 145% tariff and its price just skyrocketed.

Android Central

Which critical raw materials are used in Europe's defence sector?

The land, naval, aerospace and guided weapons sectors need these critical raw materials. Despite efforts to mitigate the supply risk, the EU currently relies mainly on China.

Euronews

Intel's performance-enhancing IPO program debuts in gaming PCs across China — overclocked performance with full warranty

Pre-built systems in China are now arriving with Intel's IPO profiles, designed to enhance performance without voiding your warranty.

Tom’s Hardware

Will the bonds market bring down Donald Trump like it did Liz Truss?

IN FOCUS: Donald Trump’s dramatic row back on tariffs has echoes of Liz Truss’s downfall - but will the market turmoil affect his future in the White House? Alicja Hagopian reports

The Independent UK

SCOTUS Rules on Deportation Case

Plus: China-U.S. relations heat up, ICE says ideas shouldn't cross borders, sexytime with the computer, and more...

Reason

The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

China has announced that it will raise tariffs on U.S. goods from 84% to 125%

The Independent UK

Tesla stops taking orders in China for two models imported from US

Carmaker removes ‘order now’ buttons for Model S saloon and Model X SUV on its Chinese website amid tariffs war

The Guardian - UK

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The Independent UK

Q&A: What has China done so far? What could China do next?

A reordering of global trading relationships could be underway as the world’s two largest economies clash and relations spiral into a trade war

Kiplinger

The New Space Age Takes Off

From fast broadband to SOS texting, space has never been more embedded in peoples’ lives. The future is even more exciting for rockets, satellites and emerging space tech.

The Guardian - US

Trump was playing chicken with tariffs. Then he chickened out

In a second term of fiat, flubbing and flip–flopping, Trump pursued his desire to wield a club over everyone and everything

The Independent UK

Shein on course for London IPO after watchdog approval

It represents a significant milestone in the Chinese-founded company’s ambitions to list on the London Stock Exchange

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news in one place.

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Al Jazeera

China raises stakes in Trump’s tariffs ‘game’ with 125% levy on US goods

Beijing to challenge US tariffs before the WTO, saying Trump administration to blame for global economic ‘turbulence’.

Euronews

Xi calls for fair global governance during meeting with Spain's Sánchez

Tariffs announced last week and than paused by US President Donald Trump could push the European Union to pursue more trade with China, the world's third-largest consumer market after the US and the EU.

MarketBeat

XPeng Deliveries Surge 3X in China, Should Tesla Be Worried?

XPeng surprised investors with a 331% YoY jump in EV deliveries in Q1 2025, and a 2678% jump in deliveries in March 2025. Should Tesla be worried?

The Guardian - UK

Shanghai Dolls review – treachery and affinity between the women of Mao’s world

Amy Ng’s ‘untold true story’ of two friends, who become China’s foremost theatre director and Mao Zedong’s wife, is a story of survival and a play of ideas

Evening Standard

More Brits rush to buy gold which hits record high price as Trump tariffs war wipes trillions off shares

Investors are also piling into buying the Swiss franc and the yen while the US dollar has slumped amid the US president’s trade chaos

The Guardian - UK

First Thing: China raises tariffs on US imports to 125%

Xi Jinping makes move after urging EU to resist Trump’s ‘bullying’. Plus, the supreme court orders the US to help return a Salvadorian man it wrongly deported

Euronews

How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs

The tech giant reportedly ordered cargo flights to transport 600 tonnes of iPhones from India to the US to avoid tariffs at the end of March.

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