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The Latest Breaking News from China

The Guardian view on UK-China relations: a dilemma made sharper by Brexit

Editorial: The Eurosceptic model of a globalised Britain detached from its local continent has aged very badly in the era of Trump’s trade wars

The Guardian - UK

AP PHOTOS: Exporters at China’s largest trade fair look to non-US markets for survival

Exporters attending China’s biannual trade fair in Canton were emphatic about the need to look beyond selling to Americans.

The Independent UK

Advantage China? Plus saving British Steel

Beijing’s game plan to best Trump in the tariff wars

The Guardian - UK

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US stocks drop after Nvidia warns over hit from controls on China exports

London’s FTSE was retreating during the day, but made headway later in the afternoon following gains from mining and energy stocks.

Evening Standard

Should You Buy Apple Stock After Trump Exempts Electronics From Sky-High China Tariffs?

Apple stock briefly rallied on news that Trump would temporarily exclude consumer electronics products from 125% import taxes levied on China.

Barchart

Zeekr's new 007 GT looks like the ultimate family EV – with 10-minute charging and over 500 miles of range

Zeekr has launched a sleek, grand touring 'shooting brake' version of its 007 sedan available in China – and it should eventually go global, too.

TechRadar

Nvidia Stock Is Plunging on Trump’s Export Restrictions: Time to Buy?

Nvidia stock is trading sharply lower today after the Trump administration barred the company from exporting its H20 chips to China. Should you buy the dip?

Barchart

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I Went To China Twice To Drive EVs. Here's What Blew Me Away Most

Perhaps it’s a tired trope to say so much of East Asia is in the future. But it really does feel like China is living in a tech-utopian world only fantasized about in novels and movies.

InsideEVs

The 14 Fortune 500 stocks most exposed to the tariff war: Target, Polaris and more

Other companies hit hard include a medical device maker, a semiconductor firm and the maker of Vans sneakers.

Fortune

As US and China escalate trade war, the world asks, ‘Who will blink first?’

US President Donald Trump says ball is in China’s court, but analysts say Beijing is prepared to withstand trade war.

Al Jazeera

Crude Prices Climb on Possible De-Escalation of US-China Trade Tensions

May WTI crude oil (CLK25 ) today is up +1.27 (+2.07%), and May RBOB gasoline (RBK25 ) is up +0.0139 (+0.69%). Crude oil and gasoline prices today are moderately higher. Today's slide in the dollar is supportive of crude prices. Also, the prospects of de-escalating US-China trade tensions are positive...

Barchart

AMD takes $800M haircut as US gov't cuts off China's AI GPU supply

AMD is projected to write off $800 million because of expanded export restrictions on AI chips.

Tom’s Hardware

Trump Ordered Staffers to 'Make Sure' Musk Didn't Attend China Talks After Briefing Plans Were Leaked: Report

President Donald Trump allegedly enlisted the help of senior staff to prevent Elon Musk from attending a classified briefing about China.

Latin Times

Lib Dems urge ministers to suspend China visit after MP blocked from Hong Kong

Sir Ed Davey has written to Foreign Secretary David Lammy, urging the Government to take steps in retaliation for Wera Hobhouse’s deportation.

Evening Standard

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Barchart

Stocks Extend Losses on Cautious Powell Remarks

The S&P 500 Index ($SPX ) (SPY ) today is down -2.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -3.29%. June E-mini S&P futures (ESM25 ) are down -2.16%, and June E-mini Nasdaq futures...

International Business Times UK

Nvidia Shares Fall on a $5B Charge as New US Export Rule Restricts H20 Chip Sales to China

Shares of Nvidia and its suppliers concentrated in Asia dropped after Trump imposed a new export license requirement that would lead to an estimated $5.5 billion charge on the chipmaker's Q1 balance sheet.

Evening Standard

Anti-China rhetoric over British Steel is absurd, says country’s embassy

A spokesperson for the embassy said individual UK politicians have shown ‘arrogance, ignorance and twisted mindset’.

International Business Times

Nvidia Shares Drop As Chipmaker Faces $5.5 Billion Impact From China Export Restrictions

Wall Street fell in opening deals, with Nvidia shares tanking by more than six percent, and the dollar and US government bonds were under pressure again.

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Fortune

'China’s Elon Musk' uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe

He Xiaopeng used two numbers to describe the breakneck pace of EV innovation in China.

Barchart

Dollar Falls and Gold Soars to a Record as US-China Trade War Escalates

The dollar index (DXY00 ) today is down by -0.70%. The dollar is under pressure today as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia from selling its H20 chips to China. The US tariff turmoil diminishes the dollar's reserve-currency status...

Euronews

WTO: Trump's tariff policies could force global trade slide in 2025

According to the WTO, US President Donald Trump's shifting tariff policies could decline global trade by 0.2% this year.

Euronews

Nvidia leads decline in technology stocks, dragging Wall Street lower

Nvidia pulled Wall Street lower on Wednesday after the tech giant said new restrictions on exports to China will chisel billions of dollars off its results.

Latin Times

China Outlines What It Wants From The Trump Administration Before Negotiating Tariffs

Beijing said it wants to see more respect from the U.S. and a more consistent position before engaging in tariff negotiations

Barchart

Stocks Retreat on Weakness in Chip Makers

The S&P 500 Index ($SPX ) (SPY ) today is down -1.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.98%. June E-mini S&P futures (ESM25 ) are down -1.25%, and June E-mini Nasdaq futures...

Barchart

US-China Trade Tensions Are Bullish for June Euro Futures. Here Are the Levels to Watch Before You Buy.

Elevated U.S.-China trade tensions are bearish for the U.S. dollar and bullish for the Euro.

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