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The Latest Breaking News from China

Tariffs Are Paused: Here's What Retirees Should Stock up on Now

The massive China tariff is still in place, but others have been paused for 90 days. That gives retirees a window to stock up on some goods.

Kiplinger

Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty

Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'

Euronews

Dead in the US: Volvo S90

Volvo Car USA will stop importing the S90 sedan over a growing trade war between the US and China, Automotive News reports.

Motor1

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Apple flew out 600 tons of iPhones from India to the US to ‘beat’ Trump’s tariff deadline

Tech giant reportedly chartered flights to relocate about 1.5 million phones

The Independent UK

Apple airlifted 600 tons of iPhones to the U.S. to try to beat Trump’s tariffs as customers scramble to secure devices before possible price increases

The company produces most of its iPhones in China, which is subject to 145% tariffs.

Fortune

US commander warns that China and North Korea's military aid to Russia creates risks in the Pacific

The top U.S. commander in the Pacific is warning senators that the military support that China and North Korea are providing to Russia in its war on Ukraine risks security in his region as Moscow provides critical military assistance to both in return

The Independent UK

Trump claims TikTok deal still on the table as China tariffs threaten to derail agreement

Trump announced a 90-day pause on all reciprocal tariffs this week, except for those placed on China

The Independent UK

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BYD launches Porsche-rivalling Denza brand in Europe

BYD’s second brand in Europe aims high, with Z9GT and D9 models coming to the UK in the next 12 months

The Independent UK

Trump tariff backflip brings a US trade war with China into the crosshairs

You have to marvel at Donald Trump’s prescience. After his announcement of America’s new tariffs regime on April 2, “liberation day”, the stock markets plummeted, causing faint hearts around the world to quail. Nerves fluttered particularly hard when bond yields started to rise rapidly this week, suggesting a growing lack…

The Conversation

Where do the tariffs stand now? Mapping Trump’s week of market chaos

The president’s week of upheaval drew to a close after he issued a 90-day pause on ‘reciprocal’ tariffs

The Independent UK

A U.S.-made iPhone could cost almost as much as AirPods made of pure gold

Your next iPhone might come at a sky-high price

Laptop

China confirms plans to curb Hollywood film imports amid Trump’s escalating trade war

China had recently considered a complete ban on all American movies in retaliation to Donald Trump’s raising tariffs on Chinese imports

The Independent UK

Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China

President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U

The Independent UK

Search for new markets for Irish goods ‘must go on’, says deputy premier Harris

Ireland’s premier and deputy premier have welcomed a pause on higher tariffs from both the US and EU sides.

The Independent UK

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International Business Times

US-China Trade War Surges, Overshadowing Trump Climbdown

The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world.

Tom’s Hardware

Intel CEO Lip-Bu Tan has invested in 600 Chinese firms, some linked to the Chinese military

Intel's CEO, Lip-Bu Tan, has invested hundreds of millions of dollars in Chinese companies linked to the military and surveillance sectors, raising national security questions amid Intel's ties with the U.S. defense industry.

The Conversation

What the spiralling trade war means for relations between the US and China

Donald Trump has partially walked back on his so-called “liberation day” tariffs on nearly all US imports after fears mounted that the move would result in a global recession and much higher borrowing costs for the US government.

Barchart

Trade War Fears Hammer Crude Prices Again

May WTI crude oil (CLK25) today is down -2.68 (-4.30%), and May RBOB gasoline (RBK25) is down -0.0765 (-3.75%). Crude oil and gasoline prices today are sharply lower on concern the escalation of the US-China trade war will lead to a slowdown in economic growth and energy demand. Also, today's...

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The Independent UK

Lewis Hamilton ‘excited’ as Ferrari upgrade looks to kick-start F1 season in Bahrain

Hamilton won the sprint race in China but has not finished in the top-six in a grand prix so far this year

Barchart

Is Alibaba Stock a Buy or a Sell as Trump Singles Out China for Tariffs?

While Trump has paused his reciprocal tariffs by 90 days, he has increased the tariffs on China to 145%.

Barchart

Stocks Sink on Global Economic Angst

The S&P 500 Index ($SPX ) (SPY ) today is down -5.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -4.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -6.25%. June E-mini S&P futures (ESM25 ) are down -5.82%, and June E-mini Nasdaq futures...

The Guardian - UK

China to restrict US film releases after Trump’s tariff hike

After the US president imposed 125% duties on Chinese imports, Beijing says it will restrict American films opening in its lucrative market

The Independent UK

Zelensky accuses Putin’s forces of systematically recruiting Chinese citizens to fight in Ukraine war

Two Chinese citizens were caught among Russia’s ranks in Ukraine’s war-torn eastern Donetsk region

Euronews

BMW’s China sales drop to lowest level in five years at start of 2025

The German carmaker announced a global sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.

The Guardian - UK

UK trade minister visits China at same time as head of British military

Douglas Alexander’s unpublicised trip to talk with counterparts coincides with that of Adm Sir Tony Radakin

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