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The Latest Breaking News from China

Dollar Recovers Most Losses as President Trump Pauses Reciprocal Tariffs

The dollar index (DXY00 ) Wednesday fell by -0.09%. The dollar was under pressure Wednesday as the US-China trade rift widened after China today imposed 84% tariffs on US goods in retaliation for the US imposing a total of 104% tariffs on Chinese goods. Also, the dollar is facing a...

Barchart

'Permanent damage has been done,' portfolio manager warns, as markets rejoice following Trump's tariff freeze

Stock markets rebounded following the announcement that tariffs would ratchet down to a 10% universal levy, except for China.

Fortune

Short Covering Pushes Crude Price Sharply Higher on US Tariff Pause

May WTI crude oil (CLK25 ) Wednesday closed up +2.77 (+4.65%), and May RBOB gasoline (RBK25 ) closed up -0.0470 (+2.36%). Crude oil and gasoline prices Wednesday recovered from early losses and rallied sharply as short-covering emerged when President Trump announced a 90-day pause on reciprocal tariffs for 56 countries,...

Barchart

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What we know about Trump’s 90-day pause on tariffs

Tariffs live: Trump announces 90-day pause for most countries but hits China with 125% levy

The Independent UK

When Did China Stop Being A US Ally And What Would Happen If They Enter A Trade War

Once Cold War teammates, the US and China split over trade and power. A 100% tariff war, threatened 8 April 2025, could cost households £2,978 ($3,800) yearly and shake the globe.

International Business Times UK

Fox Business Analyst Says 'White House Capitulated' On Tariffs: 'It's Because Of The Bond Market'

Fox Business senior correspondent Charlie Gasparino detailed the reason why Trump announced a reprieve on tariffs for all countries but China

Latin Times

Fox News Pushes Back Against Trump as Tariffs Tank Small Business: 'Tariffs Are Being Paid by Americans'

"Fox & Friends" co-host Steve Doocy issued a warning to Americans after a small business owner in Idaho saw his tariffs on an order increase from $26,000 to nearly $350,000 overnight.

Latin Times

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Trump announces 90-day tariff pause

The Trump administration praised the president's gambit, even though it's unclear what the U.S. got out of it

Salon

Spyware combing for data 'of use to China' hidden inside religious and cultural apps

Experts warn spyware is being loaded into cultural and religious apps to gather data.

TechRadar

Trump pauses most global tariffs for 90 days but increases China tariffs to 125%

Trump says that he's suspending reciprocal tariffs on 75 countries, except for China, which gets even more import taxes.

Tom’s Hardware

China turning blind eye to its citizens fighting in Ukraine, says Zelenskyy

Ukraine’s president says at least 155 fighters have been uncovered, and that Russia is recruiting via social media

The Guardian - UK

Trump tariffs LIVE: PC shipments surged to prep for tariffs, NVIDIA faces AI GPU challenges in China (again)

Here's the latest news on how the Trump administration's aggressive tariff strategy is affecting consumer electronics, including PCs and laptops.

Windows Central

Live: Stocks Surge as Trump Increases Tariffs On China Even Further, Pauses Them For Non-retaliating Countries

Donald Trump further raised tariffs on China to 125% and announced a "pause, and a substantially lowered reciprocal tariff" to countries that have not imposed retaliatory measures on the U.S.

International Business Times

Trade War Concerns Pressure Coffee Prices

May arabica coffee (KCK25 ) Wednesday closed down -1.20 (-0.35%), and May ICE robusta coffee (RMK25 ) closed up +51 (+1.06%). Coffee prices on Wednesday settled mixed, with arabica coffee falling to a 2-3/4 month low. Global trade war fears undercut most commodity prices, including coffee, after China retaliated against...

Barchart

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Euronews

Donald Trump authorises 90-day pause in tariffs on most countries except China

In a post on Truth Social, Trump said he was imposing a steeper tariff rate of 125% on Beijing because of 'the lack of respect China has shown the World's Markets.'

Tom’s Hardware

Are gaming GPUs subject to new U.S. tariffs? It isn't entirely clear yet

Graphics cards, motherboards, and other PC parts may soon see steep price hikes as new U.S. tariffs of up to 104% target imports from China and Taiwan.

Roll Call

Whistleblower: Meta sought ties with China, misled Congress - Roll Call

Sarah Wynn-Williams, the author of "Careless People," testified to a Senate panel that Meta misled Congress about its China interests.

The Guardian - UK

The Guardian view on Trump’s trade war: no one will win, but China is taking the long view

Editorial: Beijing is braced for turbulence due to swingeing tariffs. But it sees a bigger, more promising story of US hegemonic decline

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Barchart

It Will Cost 50% More to Make iPhones Thanks to New China Tariffs. How Should You Play Apple Stock Here?

Trump’s 104% tariff on Chinese imports could significantly raise iPhone prices. Is that a strong enough reason to sell Apple stock in April?

Tom’s Hardware

Trump tariffs will hit consoles, monitors, and laptops hardest — U.S. imports 66% or more from China

The U.S. imports 66% or more of several electronic consumer goods from China, and they're about to become more expensive.

The Independent UK

Trump’s chaotic U-turn sees 90-day pause on tariffs – except for China

President gives breathing space to ‘more than 75’ countries who have sought a trade deal – but raises the stakes yet further against Beijing

Fortune

Trump puts some tariffs on ice after days of global mayhem—except for China, ‘based on the lack of respect’

The three-month pause comes after trillions evaporated from the stock market over the course of a market-melting start to the week.

The Guardian - US

Trump pauses plans to hike US tariffs on most countries except China

Trump says he will raise US tariffs on Chinese exports to 125% and unveils 90-day pause for other countries

Tom’s Hardware

AI costs drop 280-fold, but harmful incidents rise 56% in last year — Stanford 2025 AI report highlights China-US competition

Stanford's 2025 AI Index Report finds several key takeaways on the state of the AI sphere in 2025, including its rapid growth and causes for concern.

Fortune

Apple CEO Tim Cook is facing the most daunting moment of his career, but the former COO might be uniquely suited to navigate a tariff meltdown

The supply-chain whisperer also has a track record of successful negotiations with President Donald Trump.

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