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The Latest Breaking News from China

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

US and China talk it out at Geneva, agreeing to suspend ultra-high tariffs for 90 days, but PC parts don't seem to be part of the deal

Sector-specific tariffs aren't part of the deal.

PC Gamer

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?

International Business Times UK

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Nvidia reportedly raises GPU prices by 10-15% as manufacturing costs surge — tariffs and TSMC price hikes filter down to retailers

A new report claims Nvidia has raised the prices of its GPUs to combat rising manufacturing costs and tariff increases.

Tom’s Hardware

U.S.-China deal signals Trump's team has an appetite for deescalation, leaving analysts wondering if this is a clean-up operation or longer term strategy

Markets are rallying this morning following Treasury Secretary Scott Bessent's announcement that China and the U.S. would both be dropping their tariff rates by 115% for 90 days.

Fortune

First Thing: China and US agree 90-day pause to trade war initiated by Donald Trump

Countries to lower reciprocal tariffs by 115% as US treasury secretary says ‘neither side wants a decoupling’. Plus, meet the TV and film stars who didn’t even act

The Guardian - UK

Investors think China is winning Trump’s trade war as stocks rally globally

The China deal, like the U.K. deal, still leaves the U.S. with much higher barriers to trade than it had before.

Fortune

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US, China Agree To Slash Tariffs In Trade War De-escalation

The world's two biggest economies agreed in a joint statement to bring their triple-digit tariffs down to two figures and continue negotiations.

International Business Times

Stock Index Futures Rally as U.S. and China Agree on Temporary Tariff Cuts, Inflation Data and Powell’s Remarks Awaited

June S&P 500 E-Mini futures (ESM25) are up +2.78%, and June Nasdaq 100 E-Mini futures (NQM25) are up +3.82% this morning after China and the U.S. agreed to reduce tariffs for 90 days following weekend trade talks in Geneva aimed at easing tensions.

Barchart

China and US agree to ease tariffs for 90 days as trade war talks extended

Some ‘reciprocal’ tariffs and duties are being rolled back in favour of ‘mutually beneficial’ talks.

Al Jazeera

U.S. drops China tariffs to 30% after 'constructive' talks, rolling back much of Trump's trade war threats

Hong Kong's benchmark Hang Seng Index closed 3% higher after both the U.S. and China chose to de-escalate a budding trade war.

Fortune

China’s first Corgi police dog causes stir after snatching sausage from child while on duty

While Fuzai has participated in major events like the Weifang International Kite Festival and gained over 400,000 followers online, his career has been marked by playful mishaps.

Euronews

What Greg Abel will do now he has officially taken over from Warren Buffett at Berkshire Hathaway.

Also: Stocks rallied instantly on the China news, Trump promises drug price cuts.

Fortune

Trump claims ‘total reset’ of US-China ties as 90-day pause to trade war agreed

Markets rally after Washington and Beijing agree to drastically cut reciprocal tariffs as US treasury secretary says ‘neither side wants a decoupling’

The Guardian - UK

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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

Evening Standard

European stocks rise as US and China agree to slash tariffs

The two countries are set to suspend tariffs for 90 days and slash rates going forward after holding negotiations in Switzerland over the weekend.

The Independent UK

US Trade Representative Greer says US and China to roll back most tariffs

U.S. and Chinese officials say they have reached a deal to roll back most of their recent tariffs for 90 days and keep talking to resolve their trade disputes

Euronews

US and China announce substantial reductions in tariffs for 90 days

The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an escalating trade war.

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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%

The Independent UK

Philippines goes to polls amid high-stakes showdown between Marcos-Duterte dynasties

Race to Senate watched closely as Sara Duterte faces impeachment trail as her father runs for mayor

Euronews

Stocks jump, gold tumbles as US and China trade talks progress

An agreement from the US and China to reduce tariffs for 90 days has boosted European markets after global indexes rallied hours earlier on hopes of a breakthrough.

The Guardian - UK

Wall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened

Donald Trump has “blinked”, says analyst, at Washington and Beijing cut reciprocal tariffs by 115 percentage points, for 90 days at least

The Independent UK

Trump's reshaping of higher education tests America's appeal for international students

The durability of the America's appeal for international students is facing a test under the Trump administration, which has ramped up scrutiny of student visas and moved to deport foreign students for involvement in pro-Palestinian activism

The Guardian - UK

Potential role for Chinese firm in key UK windfarm attracts government scrutiny

Exclusive: Decision on whether to work with turbine maker being overseen by ministers after British Steel rescue

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