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The Latest Breaking News from China

Countries and companies mull strategies for coping with barrage of higher US tariffs

President Donald Trump's barrage of tariff hikes on U.S. imports is compelling countries and industries to adjust their strategies to upheavals in the terms of global trade

The Independent UK

China imposes a 34% tariff on imports of all U.S. products starting April 10

China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10

The Independent UK

US government tells staff in China not to have romantic ties with Chinese citizens

Secret directive reportedly prompted by pressure from Congress members concerned about espionage risks

The Independent UK

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Stocks Set to Extend Tariff-Driven Selloff as China Retaliates, U.S. Jobs Report and Powell Speech in Focus

June S&P 500 E-Mini futures (ESM25) are down -2.33%, and June Nasdaq 100 E-Mini futures (NQM25) are down -2.71% this morning, pointing to a continued selloff on Wall Street following U.S. President Donald Trump’s announcement of sweeping tariffs, while investors await the key U.S. payrolls report and remarks from Federal…

Barchart

Bangladesh chief adviser Muhammad Yunus presents throwback picture to PM Modi at bilateral meet in Thailand

PM Modi and Bangladesh Chief Advisor Yunus meet in Bangkok; discuss water treaties amid tensions over China remarks and minority issues. Read more at Dynamite News.

Dynamite News

Unlike others 'we're reliable', EU tells Central Asia, as it seeks greater access to rare earths

Russia and China loomed large over the first EU-Central Asia summit as both sides aimed to boost trade and diplomatic ties.

Euronews

China Floats Battle Barges In Taiwan Invasion Plans

Vast new Chinese barges spotted off the country's south coast could be used to land heavy equipment and thousands of personnel in a possible invasion of Taiwan, defence experts say.

International Business Times

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Living abroad and hungry to see a Chinese movie on the biggest of screens, some took action

A group of Chinese people have decided they wanted the nation’s biggest movie to be big in the United States, literally

The Independent UK

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures

The Guardian - UK

Trump tariffs send ASX tumbling and raise expectations of further interest rate cuts this year

Australian stock market follows Wall Street lower with benchmark S&P/ASX 200 shedding almost 3% value since ‘liberation day’ tariffs unveiled

The Guardian - AU

Have Trump’s tariffs killed US-Africa preferential trade?

The AGOA framework that saw African countries export duty free to the US is as good as dead, experts say.

Al Jazeera

How much will Trump’s new tariffs hurt other countries and US consumers?

Trump’s reciprocal tariffs range from 10 percent to more than 50 percent on the US’s trading partners.

Al Jazeera

EU Leaders Push For Influence At Central Asia Summit

Top EU leaders were in Uzbekistan on Friday for a major summit with the heads of five Central Asian states, seeking to press their influence and boost ties in the face of Russian and Chinese competition.

International Business Times

What GlobalFoundries, UMC Potential Merger Means for the Future of US Chipmaker Industry

The new entity would later invest in research and development within the U.S, and potentially compete with Taiwan Semiconductor Manufacturing Co. (TSMC).

International Business Times UK

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International Business Times

Where Trump's Tariffs Could Hurt Americans' Wallets

As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets.

The Conversation

Russia and China both want influence over Central Asia. Could it rupture their friendship?

As he looks to solidify his territorial gains in Ukraine in a potential ceasefire deal, Russian President Vladimir Putin has one eye trained on Russia’s southern border – and boosting Russian influence in Central Asia.

Android Central

OnePlus exec teases the OnePlus 13T will be a tiny phone with a big battery

Following up on OnePlus' April Fool's Day teaser, the head of OnePlus China shared a few details about the company's next smartphone.

The Independent UK

US and Chinese military officials hold talks on maritime security in bid to lower risks

U.S. and Chinese military officials have met for their first working-level talks since President Donald Trump took office for the second time

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news in one place.

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The Independent UK

Sweeping Trump tariffs shock global economy, drawing threats and calls for talks

Tariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer

The Independent UK

Trump will stop the tax break for retailers like Shein. It could change the way we shop

The days of getting low cost goods from brands like Temu could be numbered

InsideEVs

GM's Best Selling EV Is Not What You Think

It’s funny how statistics and numbers work out. This week we wrote about how General Motors' EV sales have continued to take off in the United States. The Blazer and Equinox EVs are certainly enjoying big gains for Q1. But in China, things are down and still looking a little grim…

The Independent UK

Jesus take the tariff: Why Bibles could soon get more expensive thanks to Trump’s policy

China, where Trump’s official ‘God Bless the USA’ Bibles are printed, has been hit hard by the president’s sweeping tariffs

Barchart

Crude Oil Prices Plunge on Energy Demand Concerns and Rising OPEC+ Production

May WTI crude oil (CLK25 ) Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25 ) closed down -0.1667 (-7.15%). Crude oil and gasoline prices plunged to 3-week lows on Thursday due to concern that President Trump’s harsher-than-expected reciprocal tariffs would ignite a trade war that derails the global...

Tom’s Hardware

PC prices up at least 20%: Trump Tariffs may hurt U.S. system integrators most

Boutique PC builders like Maingear and Falcon Northwest bear the brunt of the costs.

Reason

Trump's New Tariffs on These 3 Countries Look Particularly Foolish

What tariffs on Singapore, Brazil, and Vietnam can tell us about how Trump misunderstands the value of trade.

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