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The Latest Breaking News from China

German Luxury Automakers Are Struggling in China

After decades of riding the sales gravy train, legacy premium brands face a harsh new reality in China. BMW, Mercedes-Benz, and Porsche had a rough 2024, and the start of this year has been even more brutal. The posh trio saw double-digit declines in the first quarter, with Zuffenhausen taking…

Motor1

‘This was the plan’: Fox News hosts unashamedly celebrate Trump backing down on tariffs

Sean Hannity, Laura Ingraham, Jesse Watters and Jeanine Pirro are among hosts who say the president’s 90 freeze was President Donald Trump’s ‘plan all along’

The Independent UK

'Nobody’s ever heard of it. It’s gonna be a record': Donald Trump is claiming victory for the stock market’s rebound

The White House claimed the "art" of Trump's deal hadn't been appreciated by media and the markets.

Fortune

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China looks for allies as Trump targets Beijing — imposing 125% tariff

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

Euronews

US small business owner says China tariffs endanger her company: ‘I could lose my home’

Beth Benike, whose products are manufactured in China, is ‘terrified’ what Trump trade war will mean for Busy Baby

The Guardian - US

Trump Tariff Pause Gets Mixed Reaction From Business Leaders: 'Good to be liberated from Liberation Day'

Trump's 90-day tariff halt on 9 April 2025 sparked a market surge and mixed vibes from CEOs, with relief tempered by China's 125% levy and lingering uncertainty

International Business Times UK

Stocks Plunge Before the Open After Tariff Relief Rally, U.S. Inflation Data in Focus

June S&P 500 E-Mini futures (ESM25) are down -2.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -2.33% this morning, pointing to a sharp pullback on Wall Street after yesterday’s historic rally, while investors brace for the release of crucial U.S. inflation data.

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Meta whistleblower tells US Senate company undermined US national security with China

Sarah Wynn-Williams accused the social media company of undermining national security by briefing China on US artificial intelligence efforts.

Euronews

Asian markets celebrate Trump’s trade flip-flop, even as he maintains historically high tariffs—and not just on China

It’s not just 125% tariffs against China: There are still 10% tariffs on all U.S. imports, 25% tariffs on imported cars and steel …

Fortune

Afternoon Update Election 2025: barbs traded over energy plans; China invite rebuffed; and a tall tale

On day 13 of the campaign the Coalition’s energy policies remained very much in the spotlight

The Guardian - AU

More than 150 Chinese mercenaries 'recruited on Tiktok' are fighting for Russia in Ukraine, Zelensky claims

The Ukrainian president accused the Kremlin of recruiting fighters from China by advertising on social media, but Beijing has branded the allegations ‘totally unfounded’

Evening Standard

Trump tariff pause brings relief for global stock markets

Asian and European markets rise amid signs trade war may not be as damaging to global economy as feared

The Guardian - UK

China Retaliates With 84% Tariffs On US Goods In Escalating Trade War

The move from China came just hours after Donald Trump paused almost all his "reciprocal" tariffs but raised duties on Chinese imports to 125%, calling it a punishment for Beijing's retaliation

International Business Times

Australia rejects China’s call to ‘join hands’ amid Trump tariff fallout

Beijing urges Australia to ‘jointly resist’ the ‘hegemonic and bullying behaviour of the US’

The Independent UK

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Motor1

This Is Mazda's Tesla Model Y Rival

Mazda is fast-tracking its EV expansion by leaning on its Chinese partner. After launching the EZ-6 last year, the sedan’s SUV counterpart has now been revealed on the Weibo social media platform. The EZ-60 is also coming alive courtesy of a tie-up with Changan, a state-owned automaker. Their 50:50 joint…

The Independent UK

China issues US travel advisory as Trump ramps up trade war

Beijing urges travellers to ‘fully assess the risks’ of flying to America

Radio France Internationale

EU puts tariff retaliation on hold to match Trump’s 90-day pause

The European Union will suspend its planned tariffs on $23 billion worth of US goods for 90 days, matching US President Donald Trump’s pause on new trade measures and allowing time for negotiations.

Euronews

European stock markets jump as Trump flip-flops on tariff plans

European markets jumped following Wall Street’s historic rally and gains in Asian trading. However, analysts question the sustainability of the rebound due to President Trump’s unpredictable tariff policy shifts.

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news in one place.

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The Conversation

This chart explains why Trump backflipped on tariffs. The economic damage would have been huge

The Trump administration has announced a 90-day pause on its plan to impose so-called “reciprocal” tariffs on nearly all US imports. But the pause does not extend to China, where import duties will rise to around 125%.

The Guardian - UK

Thursday briefing: Trump puts global tariffs on pause – but hikes them for China

In today’s newsletter: White House officials send mixed messages over Trump’s stunning U-turn

International Business Times

China Consumer Prices Slump For Second Straight Month: Data

Consumer prices in China fell in March for the second straight month, official data showed Thursday, as the world's second-largest economy struggles to boost spending and a trade war with the United States deepens.

The Guardian - UK

China says Trump’s trade war ‘will end in failure’ as Beijing tariffs take effect

China’s 84% tariffs on US products come into force amid market relief after Trump pauses steep tariffs elsewhere

The Guardian - UK

Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it

In the first of a two-part series, the former prime minister outlines a global response to Donald Trump’s tariffs

Fortune

Russian economy grows at slowest pace in 2 years—plunge in oil prices could make things much worse

Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia’s key export.

Pedestrian.tv

What Trump’s 90-Day Tariff Pause *Actually* Means For Young Aussies

Donald Trump has hit pause on his global tariff spree — for 90 days, at least. But don’t mistake this for a full-on retreat. Think of it more like an intermission in a chaotic play where everyone’s still yelling at each other backstage. Let’s break down why Trump made this…

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