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The Latest Breaking News from China

Voices: China won’t take Trump’s trade assault lying down… here’s how

COMMENT: Trump’s impact on e-commerce, which he sees as a no-lose proposition, has unsettled Xi and his policymakers. Michael Sheridan explains how they’re fighting back

The Independent UK

EU Seeks New Import Fee On E-commerce Packages

EU Seeks New Import Fee On E-commerce Packages

The European Commission announced Wednesday it would seek to impose new fees on e-commerce imports, as part of efforts to tackle a surge of "harmful" products into the bloc -- the bulk of them from China.

International Business Times

China and Europe target Big Tech in scramble to fight back against Trump's tariff broadside

China and Europe target Big Tech in scramble to fight back against Trump's tariff broadside

Chinese antitrust authorities look into Google and Apple, as the EU threatens seismic moves if the U.S. uses tariffs to twist its arm.

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Senate Democrats pledge to hold floor all night in protest against Trump’s budget pick – as it happened

Russell Vought, architect of hard-right Project 2025 manifesto, nominated by president to lead office of management and budget

The Guardian - US

Nasdaq Futures Plunge as Alphabet and AMD Earnings Disappoint, U.S. ADP Jobs Report in Focus

March Nasdaq 100 E-Mini futures (NQH25) are trending down -0.91% this morning as disappointing results from Alphabet and Advanced Micro Devices weighed on sentiment.

Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

USPS reverses order suspending packages from Hong Kong and China amid Trump trade war

U.S. president says he’s in ‘no hurry’ to defuse the new trade war between Washington and Beijing

The Independent UK

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USPS has suspended parcels from Hong Kong and China. Here's what it means for Shein and Temu

USPS has suspended parcels from Hong Kong and China. Here's what it means for Shein and Temu

The U.S. Postal Service said it was temporarily suspending inbound parcels from China and Hong Kong, effective Tuesday

The Independent UK

U.S. Postal Service reverses decision to stop accepting packages from China, after Trump ends ‘de minimis’ exemption used by Temu and Shein

U.S. Postal Service reverses decision to stop accepting packages from China, after Trump ends ‘de minimis’ exemption used by Temu and Shein

Chinese packages under $800 were exempt from tariffs owing to the “de minimis” exemption, now ended under new U.S. rules that came into effect Tuesday.

US Postal Service Says Suspending Parcels From China

US Postal Service Says Suspending Parcels From China

The US Postal Service (USPS) said Tuesday it was temporarily suspending inbound parcels from China and Hong Kong, shortly after President Donald Trump's imposition of fresh tariffs targeting Beijing.

International Business Times

Americans Could Face $1M Fine or 20 Years in Prison for Downloading AI Tool DeepSeek

Americans Could Face $1M Fine or 20 Years in Prison for Downloading AI Tool DeepSeek

A US bill proposes hefty fines and 20-year prison terms for using the Chinese AI tool DeepSeek. Is this about national security or market protection?

International Business Times UK

Honda and Nissan’s £48bn merger ‘close to collapse’; UK borrowing costs lowest since December in boost for Reeves – as it happened

Honda and Nissan’s £48bn merger ‘close to collapse’; UK borrowing costs lowest since December in boost for Reeves – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

FTSE 100 Live 05 February: GSK shares surge on new guidance, gold at record price

FTSE 100 Live 05 February: GSK shares surge on new guidance, gold at record price

An improved long-term sales target today revitalised GSK shares after their dismal 2024.

Evening Standard

Toyota Announces Lexus EV Plant In Shanghai

Toyota Announces Lexus EV Plant In Shanghai

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.

International Business Times

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International Business Times

China Holds Out Hope Last-minute Deal Can Avert US Trade War

China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say.

The Independent UK

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government

The Guardian - AU

What are rare earth elements, and why does Trump want them from Ukraine?

Trump hopes to secure rare earth resources from Ukraine as part of a deal for US aid

The Independent UK

Betting markets predict higher egg prices and more tariffs

Bettors are forecasting that Trump’s trade war isn’t set to end with the proposed tariffs on China, Canada, and Mexico

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The Guardian - AU

Last time, Australia got an exemption from US tariffs. Under Trump 2.0, this might be much harder

Australia has always worked both sides of the aisle in Washington, but now the Albanese government is having to push its case up very steep hills

The Conversation

In freezing foreign aid, the US leaves people to die – and allows China to come to the rescue

One of the executive orders US President Donald Trump signed the day he was inaugurated was a 90-day pause in US foreign development assistance.

The Guardian - US

US Postal Service briefly halts packages arriving from China and Hong Kong

Normal service resumes after initial suspension, in latest episode of growing trade war between the US and China

The Independent UK

Stock market today: Asia shares trade mostly lower as as investors weigh impact of US-China tariffs

Asian shares are trading mostly lower as markets mull the impact of tariffs being imposed by the United States and China

International Business Times

Asian Markets Stutter As Traders Weigh China-US Trade Flare-up

Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.

US Postal Service Suspends Accepting International Parcels From China

USPS suspends international parcels from China and Hong Kong due to new regulations impacting e-commerce and causing potential delivery delays.

This Dividend-Paying AI Stock Is a Buy Despite the U.S.-China Trade War

The U.S. and China are in a standoff over tariffs, but this major Chinese tech stock is still a good company to invest in.

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