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The Latest Breaking News from China

Stocks Pressured as US Trade War Escalates with Retaliatory Tariffs by China and EU

The S&P 500 Index ($SPX ) (SPY ) today is down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. June E-mini S&P futures (ESM25 ) are down -0.60%, and June E-mini Nasdaq futures...

Barchart

Is Advanced Micro Devices Stock a Buy as Shares Plunge Below $80?

With a forward price-earnings ratio of 21.6x, AMD appears attractively priced, especially given its double-digit earnings growth potential.

Barchart

Beijing Rejects Ukraine Claim 'Many' Chinese Fighting For Russia

China on Wednesday rejected Ukrainian President Volodymyr Zelensky's claim that many Chinese citizens were fighting for Russia, calling it "absolutely groundless".

International Business Times

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Apple Is No Longer the Most Valuable Company as Tariffs Butcher Shares. Is It Time to Buy the AAPL Stock Dip?

Apple stock has fallen towards its 52-week lows amid the trade war. Should you buy the dip in Apple now?

Barchart

Mark Clifford: A Political Prisoner Fights for Free Speech in China

The former editor in chief of the South China Morning Post discusses his book on Jimmy Lai, who is currently on trial in Hong Kong for having the audacity to stand up to the government.

Reason

Why are US Treasury bonds losing their safe-haven status in dramatic sell-off?

US Treasuries are behaving unusually as yields rise during market turmoil, raising doubts about their safe-haven status amid the US-China trade war and waning confidence in American economic dominance.

Euronews

Hegseth says China's military presence in western hemisphere is 'too large'

U.S. Secretary of Defense Pete Hegseth has again put China at the center of U.S. priorities in the western hemisphere, one day after calling the world power a threat to the Panama Canal

The Independent UK

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US stocks surge after Donald Trump announces 90-day pause on tariffs

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Euronews

Dollar Sinks and Gold Soars as US-China Trade War Escalates

The dollar index (DXY00 ) today is down by -0.67%. The dollar is sliding today 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

Japan's Ishiba and NATO chief vow to deepen security ties as regional threats rise

Japanese Prime Minister Shigeru Ishiba and NATO chief Mark Rutte have vowed to further deepen military ties while stressing the need to tackle together growing threats from China, North Korea and Russia

The Independent UK

Trump pauses reciprocal tariff on more than 75 countries, raises levy on China - Roll Call

President Donald Trump changed course on reciprocal tariffs against 75 countries, but hiked a levy on imported goods from China.

Roll Call

US Treasury Chief Defends Tariffs, Warns Against Aligning With China

US Treasury Secretary Scott Bessent warned countries Wednesday against aligning with China on trade, as he defended President Donald Trump's move to remake the world's biggest economy through sweeping tariffs that have stoked market turmoil.

International Business Times

Stocks Supported by Strength in Megacap Technology and Airline Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.49%. June E-mini S&P futures (ESM25 ) are up +0.60%, and June E-mini Nasdaq futures...

Barchart

Reeves faces crisis as Trump’s tariffs send cost of government borrowing soaring in blow to her Budget plans

The trade war escalated with China hitting back by imposing 84% levies on imports from the US

Evening Standard

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InsideEVs

Lectron's Tesla Supercharger Adapter May Be In Big Trouble

When Ford inked a deal with Tesla to adopt its charging standard for electric vehicles back in 2023, it was a watershed moment for the U.S. auto industry. One by one, all major car makers followed suit, giving their EV customers access to the gold standard of charging, the Tesla…

Dynamite News

Dollar vs Yuan: China Announces 84% Additional Tariffs On US Goods

China has retaliated against new U.S. tariffs by announcing 84% duties on American goods, more than double its previous 34% rate. This comes after the U.S. imposed 104% tariffs on Chinese imports. Read more at Dynamite News.

The Independent UK

Does Canada’s future lie in the European Union?

Canada is geopolitically vulnerable – relying too much on its traditional trading partners

The Guardian - UK

EU to build AI gigafactories in €20bn push to catch up with US and China

Up to five sites with power-hungry supercomputers and datacentres planned to drive AI ‘moonshots’

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Motor1

Canada Slaps 25% Tariff on Vehicles Imported From the US

Countries are beginning to retaliate against the Trump administration's tariffs on foreign goods. China slapped an 84-percent tariff on US-made goods on Tuesday in response to tariffs levied against the country earlier in the morning. Now, Canada has announced tariffs of up to 25 percent on vehicles imported from America.

Reason

Don't Trust the Experts. Make Them Up!

Plus: Trade with China is basically crippled, FEMA weans NYC, and more...

InsideEVs

The Unexpected Rival Stealing Tesla’s Customers

I tend to be averse to making predictions. I'm a reporter, first and foremost, and that means I hate being wrong. But if you want an example of how poorly predictions can age, just remember that not even five years ago, one big consulting firm predicted that Volkswagen would be…

Al Jazeera

Soya beans: China and EU’s secret weapon against Trump’s tariff wars?

Soya beans – the top US agricultural export – could be Washington’s vulnerable spot in the ongoing tariff spat.

The Independent UK

Panic buying at Asian supermarkets as shoppers fear Trump tariff price rises

The stores can be a source of comfort for immigrants and foreign students craving the tastes of home

Euronews

China imposes 84% tariff on US goods as Trump trade war escalates

Beijing will raise tariffs on US goods from 34% to 84% starting on Thursday, an action that follows the US increasing tariffs on Chinese goods and tensions over trade policies.

Motorsport

How does the current F1 2025 pecking order compare to pre-season?

Straight after pre-season testing for the 2025 Formula 1 season, Motorsport.com predicted the team pecking order for the forthcoming campaign - naturally accounting for the usual obfuscations that the annual pre-season running often provides.

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