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The Latest Breaking News from China

China will increase its defense budget 7.2% this year

China says it will increase its defense budget 7.2% this year

The Independent UK

Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains

Asian shares and US futures are higher after Wall Street's losses wiped out all of the S&P 500’s post-U.S. election gains

The Independent UK

Trump orders massive forest clearings to curb US reliance on foreign timber

The U.S. has historically imported timber from China and Canada

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

China sets GDP target of 5% for 2025 amid tariff war with Trump

Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war

The Guardian - UK

Trump’s tariffs on Canada and Mexico just went into effect. Here are the products that could suddenly get more expensive

The tariffs are set to hit staples like groceries and cars.

Fortune

China keeps its economic growth target at 'around 5%' for 2025

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds

The Independent UK

How Trump’s tariffs on Canada, Mexico and China will impact US businesses and shoppers

President Donald Trump’s long-threatened tariffs have plunged America into an escalating trade war — and consumers and businesses will be the hardest hit

The Independent UK

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Volkswagen Was Already In Trouble. Tariffs Could Make Things Much Worse

Volkswagen had a tough go of things last year. The company's sales fell by 10 percent in China, arguably its most important. Its other stronghold, Europe, was flat, with a shrinking overall car market that led to VW Group sales falling by 0.1%. This strained the company's finances, eventually forcing…

InsideEVs

Stocks Fall on Trade Tensions But Chip Stocks Help Soften Losses

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.36%. March E-mini S&P futures (ESH25 ) are down -0.77%, and March E-mini Nasdaq futures...

Barchart

Hong Kong firm to sell stake in Panama ports amid Trump pressure

Deal with US finance giant BlackRock, valued at almost $23bn, comes amid push to curb perceived China influence

The Guardian - US

Crude Prices Fall as US Tariffs May Undercut the Economy and Energy Demand

April WTI crude oil (CLJ25 ) Tuesday closed down -0.11 (-0.16%), and April RBOB gasoline (RBJ25 ) closed up +0.0064 (+0.29%). Crude oil and gasoline prices Tuesday settled mixed, with crude falling to a 2-3/4 month low. Crude prices were under pressure Tuesday due to concerns that escalating global trade...

Barchart

Crisafulli urges residents to prepare as storm approaches – as it happened

This blog is now closed

The Guardian - AU

Tariffs Are In Effect. Expect Everything To Become More Expensive.

The Trump administration’s trade war leaves everyone worse off.

Reason

The strategies and risks European powers must consider when it comes to tackling Trump

Since commencing his second term as United States president, Donald Trump has distanced the US from Ukraine and warmed relations with Russia.

The Conversation

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Kiplinger

Trump’s Trade War Targets Your Groceries

A trade spat is unraveling with the United States' top trading partners, and it will likely affect you.

Tom’s Hardware

China doubles US research output on next-gen chips amid export bans — trade war fuels a research wave

China is far outpacing US-based studies on next-gen chip technologies, with PRC-based authors making up 50% of the top-cited microchip research essays since 2018.

The Independent UK

Trump’s tariffs will harm UK and lead to higher inflation, admits Rachel Reeves

US president facing retaliation from Canada and China after imposing long threatened tax on goods amid fears of a global trade war

LiveScience

125 million-year-old fossil of giant venomous scorpion that lived alongside dinosaurs discovered in China

Extremely rare fossil of an ancient scorpion unearthed at China's Jehol Biota. The scorpion would've been a key species in the Cretaceous ecosystem, scientists say.

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news in one place.

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PC Gamer

It might be hard to imagine even worse GPU prices but the CEOs of Best Buy and Target both predict tariffs will push consumer prices up and fast

If you spot an MSRP-priced GPU in the next few days, jump on it!

Barchart

Global Trade Tensions Weigh on Crude Prices

April WTI crude oil (CLJ25 ) today is down -0.78 (-1.14%), and April RBOB gasoline (RBJ25 ) is down -0.0155 (-0.71%). Crude oil and gasoline prices today extended Monday's losses, with crude falling to a 2-3/4 month low. Crude prices are under pressure today due to concerns that escalating global...

Salon

Prepare your wallets for Trump's tariffs

Cars, gas and groceries are among the items that could be costlier

Barchart

Livestock Futures Hit Hard by Trump’s New Tariffs. Why Markets Are Likely Overreacting.

History shows us that futures markets prices tend to have knee-jerk, extreme reactions to fundamental events.

Latin Times

Hong Kong Company Sells Panama Ports To BlackRock Following Trump's Threats To Take Over Canal

Hong Kong-based CK Hutchison sold control of a unit that operates ports near the Panama Canal to BlackRock as Trump alleges the canal is controlled by China

Fortune

Trump’s tariffs have Wall Street analysts distraught

The consensus? Tariffs are mostly bad news.

Barchart

Stocks Extend Losses as Global Trade Tensions Escalate

The S&P 500 Index ($SPX ) (SPY ) today is down -1.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.40%. March E-mini S&P futures (ESH25 ) are down -1.74%, and March E-mini Nasdaq futures...

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