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The Latest Breaking News from China

Trump tariff pause brings relief for global stock markets

Asian and European markets rise amid signs trade war may not be as damaging to global economy as feared

The Guardian - UK

China Retaliates With 84% Tariffs On US Goods In Escalating Trade War

The move from China came just hours after Donald Trump paused almost all his "reciprocal" tariffs but raised duties on Chinese imports to 125%, calling it a punishment for Beijing's retaliation

International Business Times

Australia rejects China’s call to ‘join hands’ amid Trump tariff fallout

Beijing urges Australia to ‘jointly resist’ the ‘hegemonic and bullying behaviour of the US’

The Independent UK

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This Is Mazda's Tesla Model Y Rival

Mazda is fast-tracking its EV expansion by leaning on its Chinese partner. After launching the EZ-6 last year, the sedan’s SUV counterpart has now been revealed on the Weibo social media platform. The EZ-60 is also coming alive courtesy of a tie-up with Changan, a state-owned automaker. Their 50:50 joint…

Motor1

China issues US travel advisory as Trump ramps up trade war

Beijing urges travellers to ‘fully assess the risks’ of flying to America

The Independent UK

EU puts tariff retaliation on hold to match Trump’s 90-day pause

The European Union will suspend its planned tariffs on $23 billion worth of US goods for 90 days, matching US President Donald Trump’s pause on new trade measures and allowing time for negotiations.

Radio France Internationale

European stock markets jump as Trump flip-flops on tariff plans

European markets jumped following Wall Street’s historic rally and gains in Asian trading. However, analysts question the sustainability of the rebound due to President Trump’s unpredictable tariff policy shifts.

Euronews

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This chart explains why Trump backflipped on tariffs. The economic damage would have been huge

The Trump administration has announced a 90-day pause on its plan to impose so-called “reciprocal” tariffs on nearly all US imports. But the pause does not extend to China, where import duties will rise to around 125%.

The Conversation

Thursday briefing: Trump puts global tariffs on pause – but hikes them for China

In today’s newsletter: White House officials send mixed messages over Trump’s stunning U-turn

The Guardian - UK

China Consumer Prices Slump For Second Straight Month: Data

Consumer prices in China fell in March for the second straight month, official data showed Thursday, as the world's second-largest economy struggles to boost spending and a trade war with the United States deepens.

International Business Times

China says Trump’s trade war ‘will end in failure’ as Beijing tariffs take effect

China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep tariffs elsewhere

The Guardian - UK

Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it

In the first of a two-part series, the former prime minister outlines a global response to Donald Trump’s tariffs

The Guardian - UK

Russian economy grows at slowest pace in 2 years—plunge in oil prices could make things much worse

Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia’s key export.

Fortune

What Trump’s 90-Day Tariff Pause *Actually* Means For Young Aussies

Donald Trump has hit pause on his global tariff spree — for 90 days, at least. But don’t mistake this for a full-on retreat. Think of it more like an intermission in a chaotic play where everyone’s still yelling at each other backstage. Let’s break down why Trump made this…

Pedestrian.tv

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International Business Times

Trump Stuns With Tariff Backtrack But Hikes China Rate To 125%

US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China.

The Guardian - US

Trump news at a glance: Trump pulls back on global tariffs but slaps China with 125%

Move comes after stock market turmoil; Ice chief says deportations should run ‘like Amazon Prime’ – key US politics stories from 9 April at a glance

The Guardian - UK

US markets close with steep losses as Trump tariffs branded ‘worst self-inflicted wound’ by a successful economy – as it happened

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policy

Fortune

Markets might be celebrating but ‘every portfolio manager’ is trying to figure out how long the roller coaster will last

With China tariffs increased to 125% but other tariffs on pause, there is a treasure trove of open questions for investors and CEOs to contend with.

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news in one place.

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The Independent UK

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered

President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China

The Independent UK

More than 150 Chinese mercenaries recruited by Putin fighting against Ukraine, says Zelensky

President accuses Kremlin of recruiting people on social media with Beijing’s knowledge

International Business Times

Who Stands In The Crosshairs Of Trump's Tariffs?

With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin Wednesday before backing down hours later -- with a 90-day reprieve for all but China.

The Guardian - AU

Dutton visits sixth petrol station in seven days – as it happened

This blog is now closed

The Independent UK

Billionaire Trump backer Bill Ackman mercilessly teased after hailing president’s ‘Art of the Deal’ tariffs climbdown

‘Pigeons have better pattern recognition than you do, Bill’

The Independent UK

Donald Trump is losing his ‘war with the world’ after barely a week

THE INDEPENDENT VIEW: Editorial: With the US and China busy raising tit-for-tat tariffs, the two largest economies in the world have effectively ceased trading with one another – but the president’s pause gives hope for a rethink

The Guardian - US

Full list of Trump’s tariffs: a country-by-country look after the 90-day pause

Trump announced a pause for most countries – except China whose tariffs he raised to 125%

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