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The Latest Breaking News from China

Stocks Tumble as US-China Trade War Set to Escalate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.95%. June E-mini S&P futures (ESM25 ) are down -1.58%, and June E-mini Nasdaq futures...

Barchart

Dow Loses Hundreds of Points in Minutes as Trump Advisor Proclaims Tariffs Will 'Force China to Come to the Table'

The Dow Jones Industrial Average lost hundreds of points while Trump administration Homeland Security Advisor Stephen Miller was actively on air during a televised interview where he stated that the implementation of tariffs would force cooperation from other countries.

Latin Times

Morning Mail: Trump slaps China with 104% tariffs, first leaders debate washup, and what happened to the Bogong moths?

White House refuses to back down on incoming tariffs; Anthony Albanese and Peter Dutton go head-to-head in their first leaders debate

The Guardian - AU

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China hits back at JD Vance after he calls workers there ‘peasants’ amid tariff standoff

‘It is surprising and sad to hear the vice president say such ignorant and impolite words,’ says foreign ministry spokesperson

The Independent UK

China reportedly considering ban on Hollywood films in response to Trump tariffs

The White House has said China will be hit with a tariff rate of 104 percent from tomorrow

The Independent UK

Bringing manufacturing back from overseas isn’t an easy solution to Trump’s trade war

The past week has seen the United States single-handedly rewrite the underlying paradigm for global trade. And while it is fair to say that the methods are extreme, the underlying goal of the policy is not unique to the US.

The Conversation

Dollar Weakens as US Threatens Retaliatory Tariffs on China

The dollar index (DXY00 ) Tuesday fell by -0.40%. The dollar was under pressure Tuesday because of concerns that a global trade war could derail the economy and force the Fed to cut interest rates. President Trump said he would boost tariffs on China by 50% if it doesn’t remove...

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Crude Prices Pressured as US Vows Retaliatory Tariffs on China

May WTI crude oil (CLK25 ) Tuesday closed down -1.12 (-1.85%), and May RBOB gasoline (RBK25 ) closed down -0.0287 (-1.42%). On Tuesday, crude oil and gasoline prices settled moderately lower but remained above Monday's significant lows. On Monday, crude prices plummeted to a 4-year low due to concern that...

Barchart

Donald Trump to slap 104% tariffs on Chinese imports, White House says

China vowed to 'fight to the end' while stepping in to stabilise its stock markets following a sharp plunge.

Euronews

US Defence Secretary claims China poses an ongoing threat to the Panama Canal

Hegseth's visit comes amid tensions over US President Donald Trump's repeated assertions that the United States is being overcharged to use the Panama Canal and that China has influence over its operations.

Euronews

Donald Trump's brutal global import tariffs could lead to China banning showings of U.S. movies

In yet another huge looming crisis linked to the U.S. president's controversial economic plans, Donald Trump's brutal global import tariffs could lead to China banning showings of U.S. movies.

BANG Premier

A growing trade war? Trump says China ‘wants to make a deal’

Top US trade official suggests Beijing has not sought talks with Washington as deadline for additional tariffs looms.

Al Jazeera

Tehran sceptical ahead of upcoming US-Iran nuclear talks

Facing ‘wall of mistrust’ and ‘doubting sincerity’, officials suspect US really wants to end Iran’s influence in region.

Al Jazeera

Economist Credited As Inspiration For Trump's Tariff Formula Claims The Administration 'Got It All Wrong'

Brent Neiman, a Chicago economist believed to be the inspiration for Trump's tariffs reveals he was shocked to learn he was associated with the policy, saying they got the math wrong.

Latin Times

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Space

US needs 'orbital interceptors' to win a war in space, Space Command chief says

Space Force Gen. Stephen Whiting says the United States military needs orbital weapons in order to be successful if war ever comes to space.

Barchart

Apple’s Price Target Slashed by Analyst Dan Ives: Should You Reconsider Your AAPL Position?

Apple shares tumbled after Wedbush’s Dan Ives cut his price target by 23%, warning of tariff risks and softening demand.

The Independent UK

‘Many more’ Chinese soldiers fighting for Russia claims Zelensky after two captured

Ukraine’s forces battled with six Chinese troops in the Donetsk region, the Ukrainian president said, sharing footage of one of the supposed Chinese prisoners with his hands zip-tied together on X

Cycling Weekly

Brands built on marketing ‘will just evaporate’: Industry experts weigh in on what US tariffs mean for the bike industry, and, the cost of your next machine

It’s too early to judge the winners and losers from last week’s tariff announcements, so we asked the experts and those affected most for their views.

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International Business Times

Markets Rise Despite China-US Tariff Clash

Stock markets regained some ground Tuesday, even as trade tensions between the United States and China were strained by turmoil over President Donald Trump's tariffs offensive.

The Independent UK

US defense secretary credits Panama with improving security cooperation after meeting with president

U.S. Secretary of Defense Pete Hegseth has credited Panama President José Raúl Mulino with improving security cooperation between their nations after the two men met

The Independent UK

There’s barely a human being on the planet who will be unaffected by Trump’s tariffs misadventure

THE INDEPENDENT VIEW: Editorial: As stock markets calm, the world’s two largest economies are squaring up for a fiscal ‘fight to the end’. We can only hope that, amid all the retaliations and ultimatums, a constructive approach will emerge

The Guardian - US

Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war

Beijing vows to ‘fight to the end’ as president claims ‘many’ countries are seeking a deal with US

Latin Times

Ukraine's Zelensky Claims Troops Captured Chinese Soldiers Fighting For Russia: 'There Are Many More'

Ukrainian President Volodymyr Zelensky shared footage showing "two Chinese citizens who were fighting as part of the Russian army"

The Independent UK

Now Fox News is suggesting Trump could win Nobel Peace Prize over tariffs

‘Is there a Nobel Prize in trade? I don’t know, but maybe he might be up for that one,’ Fox News anchor John Roberts declared on Tuesday

Evening Standard

FTSE higher as global markets rebound on hopes for trade deals

The FTSE 100 finished up by 2.71%, or 208.45 points, to close at 7,910.53.

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