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The Latest Breaking News from Xi Jinping

A timeline of the US-China tariff and trade spat since President Trump took office this year

Shortly after President Donald Trump returned to the White House in January, he launched a tariff war against China, as part of a broader implementation of import taxes on goods from several dozen countries as Trump seeks to reset the foundations of global trade

The Independent UK

Trump says ‘relationship is excellent’ with China after exports deal sealed

IN FULL

The Independent UK

Trump says China will face 55% tariffs as he endorses trade deal

Agreement struck in London will increase supply of rare earth minerals and magnets for US car industry

The Guardian - UK

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US and China reach deal to ease rare earth mineral export curbs after talks in London

US commerce secretary says framework puts ‘meat on the bones’ of deal reached last month in Geneva to ease retaliatory tariffs

The Independent UK

Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

US, China agree on ‘framework’ on trade after talks in London

Negotiators say agreement will be presented to US President Donald Trump and Chinese President Xi Jinping for approval.

Al Jazeera

US and China strike a deal on trade framework after talks in London

The London talks are the latest in the two countries’ joint efforts to find a middle ground to resolve a trade dispute which threatens to plunge the world into recession and economic instability.

Euronews

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‘The US loves to have Chinese students’: Trump gives in to China after devastating tariff blunders

Trump's concessions raise questions about US leverage and China's strategic dominance.

We Got This Covered

Trump–Xi call boosts Chinese president’s tough man image — and may have handed him the upper hand in future talks

On June 5, U.S. President Donald Trump held a phone call with Chinese President Xi Jinping. It marked the first direct conversation between the two leaders since Trump began his second term — and the first since tensions sharply escalated in 2025’s U.S.-China trade war.

The Conversation

Vital chipmaking software access restored to China — shift follows high-level call between Presidents Trump and Xi Jinping

Industry reports indicate access to some vital semiconductor design software has been restored in China, following a call between President Trump and Xi Jinping.

Tom’s Hardware

Why Nato has raised the voices of doom to a scream

ANALYSIS: Mark Rutte’s demands for a huge increase in defence spending are a necessary evil, writes world affairs editor Sam Kiley

The Independent UK

US and China to take second shot at averting trade war in London talks

Senior delegations expected to discuss fragile tariffs deal in bid to avert trade war.

Al Jazeera

US hoping for ‘handshake’ from China at London trade talks; takeover flurry in the City – as it happened

US hoping to get handshake from China over access to rare earths, at meeting in London today

The Guardian - UK

White House urges Keir Starmer to block Chinese 'super embassy' in London amid national security fears

‘The Chinese Communist Party has a clear track record of targeting critical infrastructure’, Trump administration warns

Evening Standard

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Evening Standard

Trump announces US-China trade talks in London next week

The scheduled meeting comes after a ‘positive’ phone call between the US President and Xi Jinping

The Independent UK

China's Panchen Lama pledges loyalty to the Communist Party in a meeting with Xi

State media in China says that the man picked by Beijing as the second highest figure in Tibetan Buddhism has pledged adherence to the ruling Communist Party during a rare face-to-face meeting with Chinese leader Xi Jinping

The Conversation

Golden Dome dangers: An arms control expert explains how Trump’s missile defense threatens to make the US less safe

President Donald Trump’s idea of a “Golden Dome” missile defense system carries a range of potential strategic dangers for the United States.

The Guardian - US

US jobs market slows down as businesses cope with Trump trade war uncertainty

May’s jobs report was dragged down by loss of 22,000 federal workers’ jobs as Doge cut positions

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news in one place.

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Barchart

S&P Futures Climb on Easing Trump-Musk Tensions, U.S. Jobs Report in Focus

June S&P 500 E-Mini futures (ESM25) are trending up +0.45% this morning on signs that the heated dispute between U.S. President Donald Trump and Tesla CEO Elon Musk may ease, while investors await the all-important U.S. payrolls report.

The Guardian - US

Trump news at a glance: President’s union with Musk up in flames as feud publicly spirals

Musk had complained for weeks about Trump’s tax spending bill, but the feud has descended into an extraordinary exchange of insults. Key US politics stories from 5 June 2025

Barchart

Stocks Settle Lower as Tech Stocks Fall on a Plunge in Tesla

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.80%. June E-mini S&P futures (ESM25 ) are down -0.52%, and June E-mini Nasdaq futures...

Fortune

‘Have a nice day, DJT!’ Raging feud between Trump and Musk tanks Tesla after Trump-Xi call calmed markets

Several major developments sparked losses in stock markets today.

The Independent UK

Independent toy shop to close because it can’t keep up with Trump’s tariffs: ‘It’s just impossible’

Portland’s Merci Milo has been open in the city since 2021 but will close its doors at the end of the month

Barchart

Dollar Pares Early Decline as US-China Tensions Ease

The dollar index (DXY00 ) Thursday fell by -0.05%. The dollar on Thursday fell to a 6-week low and posted modest losses after US weekly jobless claims unexpectedly rose to a 7-3/4 month high, a dovish factor for Fed policy. The dollar also weakened after US Q1 nonfarm productivity was...

Barchart

Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism

July WTI crude oil (CLN25 ) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25 ) closed up +0.0289 (+1.42%). Crude oil and gasoline prices settled higher on Thursday, with crude posting a 2-week high. Thursday's slump in the dollar index (DXY00 ) to a 6-week low is supporting...

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