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The Latest Breaking News from China

Search for new markets for Irish goods ‘must go on’, says deputy premier Harris

Ireland’s premier and deputy premier have welcomed a pause on higher tariffs from both the US and EU sides.

The Independent UK

US-China Trade War Surges, Overshadowing Trump Climbdown

The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world.

International Business Times

Intel CEO Lip-Bu Tan has invested in 600 Chinese firms, some linked to the Chinese military

Intel's CEO, Lip-Bu Tan, has invested hundreds of millions of dollars in Chinese companies linked to the military and surveillance sectors, raising national security questions amid Intel's ties with the U.S. defense industry.

Tom’s Hardware

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What the spiralling trade war means for relations between the US and China

Donald Trump has partially walked back on his so-called “liberation day” tariffs on nearly all US imports after fears mounted that the move would result in a global recession and much higher borrowing costs for the US government.

The Conversation

Trade War Fears Hammer Crude Prices Again

May WTI crude oil (CLK25) today is down -2.68 (-4.30%), and May RBOB gasoline (RBK25) is down -0.0765 (-3.75%). Crude oil and gasoline prices today are sharply lower on concern the escalation of the US-China trade war will lead to a slowdown in economic growth and energy demand. Also, today's...

Barchart

Lewis Hamilton ‘excited’ as Ferrari upgrade looks to kick-start F1 season in Bahrain

Hamilton won the sprint race in China but has not finished in the top-six in a grand prix so far this year

The Independent UK

Is Alibaba Stock a Buy or a Sell as Trump Singles Out China for Tariffs?

While Trump has paused his reciprocal tariffs by 90 days, he has increased the tariffs on China to 145%.

Barchart

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Stocks Sink on Global Economic Angst

The S&P 500 Index ($SPX ) (SPY ) today is down -5.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -4.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -6.25%. June E-mini S&P futures (ESM25 ) are down -5.82%, and June E-mini Nasdaq futures...

Barchart

China to restrict US film releases after Trump’s tariff hike

After the US president imposed 125% duties on Chinese imports, Beijing says it will restrict American films opening in its lucrative market

The Guardian - UK

Zelensky accuses Putin’s forces of systematically recruiting Chinese citizens to fight in Ukraine war

Two Chinese citizens were caught among Russia’s ranks in Ukraine’s war-torn eastern Donetsk region

The Independent UK

BMW’s China sales drop to lowest level in five years at start of 2025

The German carmaker announced a global sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.

Euronews

UK trade minister visits China at same time as head of British military

Douglas Alexander’s unpublicised trip to talk with counterparts coincides with that of Adm Sir Tony Radakin

The Guardian - UK

You have 81 days. Here's what you should stock up on before Trump's global tariffs kick in

This is a great time to buy, as President Trump has said.

Fortune

Trump-China tariff war: What could the US gain and lose?

Trump’s 125 percent tariffs on Chinese imports come into force amid market relief elsewhere.

Al Jazeera

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Barchart

Dollar Falls as US Tariff Policy Undercuts Confidence in the Dollar

The dollar index (DXY00 ) today is down by -1.40%. The dollar is sliding today on concern the escalation of the US-China trade war will derail the economy and lead to stagflation. The US raised tariffs on China Wednesday to 125% from 104% after China retaliated and imposed 84% tariffs...

Euronews

US stock markets drop as investors consider trade impact with China

Although US president Donald Trump paused tariffs for 90 days, US stocks were still jittery as investors weighed the possible impact of the trade battle with China.

The Guardian - US

US stocks fall again as ex-Fed chair decries ‘self-inflicted wound’ of Trump’s tariffs

Sell-off comes amid anger from Democrats over retreat that rattled markets, while Republicans praise Trump’s ‘art of the deal’ in action

International Business Times

Former Trade Official Issues Stark Warning As US-China Tariff War Escalates: 'The Tsunami is Coming For Everyone'

A trade representative during the Joe Biden administration said factories will close in the U.S. and around the world as a result of Trump's tariffs

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Barchart

Stocks Retreat on Continued Global Economic Uncertainty

The S&P 500 Index ($SPX ) (SPY ) today is down -2.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.75%. June E-mini S&P futures (ESM25 ) are down -2.24%, and June E-mini Nasdaq futures...

The Independent UK

‘The damage is done’: Why Trump’s tariff pause has not stopped the risk of global recession

Even with a 90-day halt on aggressive tariff hikes, leading economists say uncertainty has already caused considerable harm

The Guardian - UK

‘Do you want to show strength here?’: Russia’s ads recruiting Chinese mercenaries

More than 150 Chinese nationals are fighting for Russia in Ukraine, Volodymyr Zelenskyy has said, recruited via videos on social media

The Independent UK

Starmer urged to accelerate global trade deals after Trump tariff chaos

Exclusive: The UK is warned it cannot isolate itself from the effects of a trade war between the US and China after Donald Trump’s U-turn on tariffs

The Guardian - UK

Will Trump’s tariff chaos be China’s gain in global trade wars?

As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunities

The Independent UK

The Latest: S&P 500 falls 2% at the open despite Trump’s tariff pause

U.S. stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy

Evening Standard

Head of the British armed forces visits China for first time in 10 years

Admiral Sir Tony Radakin discussed ‘issues of common concern’ with China’s military leadership, according to China’s defence ministry.

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