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The Latest Breaking News from Beijing

China, US To Lift Sweeping Tariffs In Trade War Climbdown

The United States and China will lift sweeping tariffs on each others' goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international supply chains.

International Business Times

'Panic And Paralysis': US Firms Fret Despite China Tariff Reprieve

President Donald Trump's rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing, with a temporary de-escalation only expected to partially calm the storm, analysts and business owners say.

International Business Times

China attacks UK trade deal with US

Beijing said it was a ‘basic principle’ that such agreements should not target other nations.

Evening Standard

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US-China deal to slash tariffs also eases burden on cheap packages

Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs

The Independent UK

Russia-China ties on full display on Victory Day – but all is not as well as Putin is making out

Chinese troops participating in Russia’s Victory Day parade in Red Square, Moscow, on May 9 is a clear indication that President Xi Jinping is fully committed to his “no-limits” partnership with his Russian counterpart, Vladimir Putin.

The Conversation

Hong Kong rushes to tighten domestic version of national security law

City spokesperson says law enacted ‘against increasingly turbulent global geopolitical landscape’

The Independent UK

China cautiously welcomes pause in US tariff war

State media editorial says talks mark ‘step toward resolving differences’ but Xi again criticises US ‘bullying’

The Guardian - UK

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China presents a united front with Latin America, aiming to counter Trump's trade war

China is moving to strengthen its alliances as a counterweight to President Donald Trump's trade war, presenting a united front with Latin American countries at an event in Beijing

The Independent UK

China's Xi Slams 'Bullying' As Beijing Hosts LatAm Leaders

Chinese President Xi Jinping vowed Tuesday to deepen ties with Latin America and condemned "bullying" in a thinly veiled swipe at the United States, as he addressed regional leaders in Beijing.

International Business Times

Trump news at a glance: Markets rally on China trade war pause, first Afrikaner ‘refugees’ arrive

Wall Street jumps as president hails ‘total reset’ with Beijing, while administration stirs controversy with refugee status for white South Africans. Key US politics stories from Monday 12 May 2025 at a glance

The Guardian - US

China's army of food delivery drivers get by with help from discount 'loving meals'

More and more of China's migrant workers are choosing to work in the gig economy

The Independent UK

Brazil’s president seeks ‘indestructible’ links with China amid Trump trade war

Remark comes as Brazil, Colombia and Chile’s leaders fly to Beijing amid international uncertainty generated by Trump

The Guardian - US

US and China reach tentative trade deal — tariffs drop to 30% and 10%, respectively

The U.S. and China have agreed to suspend most of their retaliatory tariffs against each other for 90 days while trade negotiations are underway.

Tom’s Hardware

Markets Rally After China And US Slash Tariffs For 90 Days

Investors have been on a rollercoaster ride since Donald Trump unveiled eye-watering tolls on trading partners on April 2, with the heftiest saved for Beijing, raising concerns of a trade war between the economic superpowers.

Latin Times

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International Business Times UK

Will the New US-China Trade Deal Ease the Tariff War?

The White House confirms a new U.S.-China trade deal. Will this agreement finally end the tariff war?

The Independent UK

China blamed for Solomon Islands minister’s exit from group critical of Beijing

Daniel Waneoroa said he was stepping down from his role as one of the co-chairs of IPAC to contribute to national political stability

The Independent UK

Trump live: President asks drugmakers to voluntarily lower prices but offers no plan to enforce it

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new Air Force One

Evening Standard

US and China agree deal to slash tariffs for 90 days in bid to end massive trade war

US Treasury Secretary Scott Bessent says reciprocal tariffs will come down over 100 percentage points to 10%

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Euronews

Trump hails 'great progress' as US-China trade talks in Geneva continue

The lead US negotiator described “a great deal of productivity” in resolving US-China trade differences after two days of talks in Switzerland, following Trump’s tariffs and Beijing’s retaliation.

The Guardian - UK

White House claims China trade deal reached while Beijing hails ‘important first steps’

US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premier in Geneva

International Business Times

Trump Hails 'Total Reset' In US-China Trade Relations As Talks Continue

US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

The Independent UK

Myammar's military government chief has first meeting with China's leader since taking power in 2021

The chief of Myanmar's military government, Senior Gen. Min Aung Hlaing, has for the first time since seizing power four years ago met with President Xi Jinping of China, a top ally of his military government

The Guardian - UK

‘The whole country is proud’: Chinese snooker fans hail Zhao Xintong triumph

Crowning of country’s first world champion set to give fresh boost to sport that has boomed in popularity in China

Barchart

S&P Futures Gain With All Eyes on U.S.-China Trade Talks, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are trending up +0.32% this morning as investors pin their hopes on trade negotiations between Washington and Beijing.

Euronews

China's exports to the US sink but beat forecasts as tariffs bite

The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.

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