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The Latest Breaking News from China

Shanghai Finance Workers Worry After Front-row Seat To Tariff Turmoil

As stock prices flashed across a huge screen at a bustling intersection in China's business hub Shanghai, finance workers shared their concerns after getting front-row seats to the global market turmoil wreaked by Donald Trump this week.

International Business Times

Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffs

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats

The Independent UK

Trump's Buy Tip Before Tariff Reversal Nets Massive One-day Gains for Investors Who Followed

US President Donald Trump said yesterday in a Truth Social post that it is a great time to buy before the stock market surged on his reversal of reciprocal tariffs.

International Business Times UK

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China rejects claims it is aware its citizens are fighting in Ukraine

The rebuke came after Ukrainian President Volodymyr Zelenskyy said his government had evidence of at least 155 Chinese nationals fighting alongside Russia on Ukrainian territory.

Euronews

Who is Chiharu Shida? The star badminton player calling out fans for stalking

Japanese badminton star publicly addresses invasive fan culture

The Independent UK

The chart that reveals why Trump backflipped on tariffs

Why did President Trump back away from the broader tariff push? The answer is simple

The Independent UK

Trump reportedly suspends Nvidia H20 export ban plan after $1 million dinner with Jensen Huang

U.S. gov't no longer plans to curb sales of Nvidia's H20 to China after Trump and Huang met in Mar-a-Lago to discuss Nvidia's investments in U.S.

Tom’s Hardware

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How Trump flip-flopped on pausing tariffs

Trump initially dismissed a tariff pause. Then he announced a 90-day reduction for all except China.

Al Jazeera

U.S. tariffs to heavily impact HDD and SSD manufacturers, increasing costs

U.S. tariffs are reshaping the global storage industry, hitting HDD and SSD makers the hardest due to their complex supply chain.

Tom’s Hardware

Pentagon Chief Says US Could 'Revive' Panama Bases

Latin Times

Why did Trump hit China with 125% tariffs? India emerges as an Impact Player!

With U.S.-China trade tensions escalating, India has a strategic opportunity to strengthen its position in American markets. Read more at Dynamite News.

Dynamite News

Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

Get ready to pay more than $2,000 for a new iPhone: Experts say Trump's 125% tariff on China is a 'complete disaster for Apple' akin to 'Armageddon'

Trump's 125% tariff on China could soon make the latest iPhone unattainable for most Americans, experts warn.

Fortune

First Thing: US-China trade row escalates as Beijing’s 84% tariffs come into effect

Retaliatory tariffs enforced hours after Trump announces a pause on dozens of levies except China. Plus, France could recognize Palestinian statehood

The Guardian - UK

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The Guardian - US

How much will Trump’s tariffs cost US consumers?

Prices are likely to go up across the board, from blueberries to new cars, but exactly when and how is unclear. Here’s what we know so far

Motor1

German Luxury Automakers Are Struggling in China

After decades of riding the sales gravy train, legacy premium brands face a harsh new reality in China. BMW, Mercedes-Benz, and Porsche had a rough 2024, and the start of this year has been even more brutal. The posh trio saw double-digit declines in the first quarter, with Zuffenhausen taking…

The Independent UK

‘This was the plan’: Fox News hosts unashamedly celebrate Trump backing down on tariffs

Sean Hannity, Laura Ingraham, Jesse Watters and Jeanine Pirro are among hosts who say the president’s 90 freeze was President Donald Trump’s ‘plan all along’

Fortune

'Nobody’s ever heard of it. It’s gonna be a record': Donald Trump is claiming victory for the stock market’s rebound

The White House claimed the "art" of Trump's deal hadn't been appreciated by media and the markets.

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Euronews

China looks for allies as Trump targets Beijing — imposing 125% tariff

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

The Guardian - US

US small business owner says China tariffs endanger her company: ‘I could lose my home’

Beth Benike, whose products are manufactured in China, is ‘terrified’ what Trump trade war will mean for Busy Baby

International Business Times UK

Trump Tariff Pause Gets Mixed Reaction From Business Leaders: 'Good to be liberated from Liberation Day'

Trump's 90-day tariff halt on 9 April 2025 sparked a market surge and mixed vibes from CEOs, with relief tempered by China's 125% levy and lingering uncertainty

Barchart

Stocks Plunge Before the Open After Tariff Relief Rally, U.S. Inflation Data in Focus

June S&P 500 E-Mini futures (ESM25) are down -2.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -2.33% this morning, pointing to a sharp pullback on Wall Street after yesterday’s historic rally, while investors brace for the release of crucial U.S. inflation data.

Euronews

Meta whistleblower tells US Senate company undermined US national security with China

Sarah Wynn-Williams accused the social media company of undermining national security by briefing China on US artificial intelligence efforts.

Fortune

Asian markets celebrate Trump’s trade flip-flop, even as he maintains historically high tariffs—and not just on China

It’s not just 125% tariffs against China: There are still 10% tariffs on all U.S. imports, 25% tariffs on imported cars and steel …

The Guardian - AU

Afternoon Update Election 2025: barbs traded over energy plans; China invite rebuffed; and a tall tale

On day 13 of the campaign the Coalition’s energy policies remained very much in the spotlight

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