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The Latest Breaking News from China

Trump’s tariffs: A simple illustrated guide to 15 economic terms to know

What do terms like tariffs, trade deficits, trade wars, bonds, and recession mean in simple language?

Al Jazeera

Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says

Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down

The Guardian - UK

Stocks Waver Friday After Wild Week of Volatility

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.54%. June E-mini S&P futures (ESM25 ) are up +0.86%, and June E-mini Nasdaq futures...

Barchart

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Stocks Pressured by Soaring Price Expectations

The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. June E-mini S&P futures (ESM25 ) are down -0.19%, and June E-mini Nasdaq futures...

Barchart

China's new semiconductor rule spares Taiwan fabs, punishes Intel, GlobalFoundries & Texas Instruments

China now considers wafer fabrication location as origin of chips, no matter where they were packaged or developed, which is good news for those outsourcing to Taiwan, but bad news for those who manufacture in America.

Tom’s Hardware

In tit-for-tat response to Trump's 145% trade tariffs and drone bans, China blocks 11 American drone brands, including Skydio

China bans American drones now Trump's tariffs have passed double the levels that were seen in lead-up to World War 2... I know which will have more effect on drone sales!

Digital Camera World

US stocks remain volatile as bank earnings fail to cheer investors

Stronger-than-expected profit reports from major banks such as JPMorgan Chase and Morgan Stanley did little to cheer investors as well.

Euronews

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The Tariff War Is Making EVs Cheaper. Just Not For You

This year, global trade is undergoing major restructuring amid President Trump’s tariffs on America’s trading partners. The historically strong transatlantic partnership between the U.S. and Europe is now faltering amid the trade war. China might be looking for ways to pull Europe closer, especially with regard to electric vehicles.

InsideEVs

OnePlus Watch 3 gets surprise price hike in the US – and you can already guess why

The OnePlus Watch 3 now costs $499.99 in the US following the introduction of major tariffs on Chinese imports.

TechRadar

Trump’s Tariffs Are Hammering Meta Stock. Should You Buy the Dip or Wait It Out?

While Meta is still the best-performing Magnificent 7 stock, it has lost 26% from its highs.

Barchart

Dollar Sinks to a 3-Year Low as US-China Trade Way Escalates

The dollar index (DXY00 ) today is down by -1.20% and tumbled to a 3-year low. The dollar is sharply lower today because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. China raised tariffs on all US goods to 125%...

Barchart

US, China trade war escalates, Beijing ups retaliatory tariffs to 125 pc

Stock markets in Europe were trading down Friday morning after China hiked its retaliatory tariffs on the United States to 125% from 84%. Read more at Dynamite News.

Dynamite News

‘There isn’t an hour to lose’ – Harris says tariff pause vital for negotiations

Ireland’s deputy premier said it is important to ‘utilise’ US President Donald Trump’s 90-day tariffs pause.

Evening Standard

China Dismisses Trump's Trade Strategy as 'Joke' While Issuing Major Hike on US Goods

China again raised tariffs on U.S. goods, retaliating to Donald Trump's escalation of the trade war between the countries

Latin Times

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Barchart

Stocks Wobble After Wild Week of Tariff Swings

The S&P 500 Index ($SPX ) (SPY ) today is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.07%. June E-mini S&P futures (ESM25 ) are up +0.17%, and June E-mini Nasdaq futures...

Barchart

Stocks Push Higher on Strength in Bank Earnings and Easing Price Pressures

The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. June E-mini S&P futures (ESM25 ) are up +0.34%, and June E-mini Nasdaq futures...

The Guardian - UK

$2,150 for an iPhone? Trump tariffs are ‘category 5 price storm’

US is not set up to supply mobile phones and would cost estimated $30bn to move just 10% of chain from China

Android Central

OnePlus Watch 3 releases with a hefty price tag in the US and we don't know why

OnePlus Watch 3 was hit by a 145% tariff and its price just skyrocketed.

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news in one place.

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Euronews

Which critical raw materials are used in Europe's defence sector?

The land, naval, aerospace and guided weapons sectors need these critical raw materials. Despite efforts to mitigate the supply risk, the EU currently relies mainly on China.

Tom’s Hardware

Intel's performance-enhancing IPO program debuts in gaming PCs across China — overclocked performance with full warranty

Pre-built systems in China are now arriving with Intel's IPO profiles, designed to enhance performance without voiding your warranty.

The Independent UK

Will the bonds market bring down Donald Trump like it did Liz Truss?

IN FOCUS: Donald Trump’s dramatic row back on tariffs has echoes of Liz Truss’s downfall - but will the market turmoil affect his future in the White House? Alicja Hagopian reports

Reason

SCOTUS Rules on Deportation Case

Plus: China-U.S. relations heat up, ICE says ideas shouldn't cross borders, sexytime with the computer, and more...

The Independent UK

The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

China has announced that it will raise tariffs on U.S. goods from 84% to 125%

The Guardian - UK

Tesla stops taking orders in China for two models imported from US

Carmaker removes ‘order now’ buttons for Model S saloon and Model X SUV on its Chinese website amid tariffs war

The Independent UK

Q&A: What has China done so far? What could China do next?

A reordering of global trading relationships could be underway as the world’s two largest economies clash and relations spiral into a trade war

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