Latest in Trump China trade war escalates
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Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 2d -
'Massive game of chicken' between U.S. and China on trade
Consumer confidence dips after a tumultuous economic week amid President Trump's escalating tariffs on China. CNBC Senior Economics Reporter Steve Liesman and former U.S. Ambassador to China ...NBC News - 1d -
Trump’s China trade war a ‘boon’ for Brazil but sends US farmers reeling
Latin America’s largest economy is poised to extend its lead as China’s top food supplierFinancial Times - 2h -
Trump’s Trade War With China Is Now Hurting Hollywood—and US Soft Power
On Thursday, Chinese officials retaliated against President Donald Trump’s tariffs by imposing new restrictions on US movies. That’s a big blow to America’s cultural cachet in the nation.Wired - 2d -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 13h -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 1d -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 1d -
How This Trade War Is Different From All Other Trade Wars
By acting on his own, President Trump has broken with more than 200 years of U.S. history in which Congress set the direction of trade policy.The New York Times - 1d -
What does China really think about Trump? They know about humiliation and won’t take it from him
Economically, the trade war may be bad news for Xi Jingping, but ideologically and politically it is a gift. Last week, Mao Ning, head of China’s foreign ministry information department, posted a ...The Guardian - 2h -
Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.The New York Times - 16h -
China to reduce the number of Hollywood films allowed amid trade war
China's film arm said Thursday it would "moderately reduce the number of American films imported" into the country. The country was once a vital market for U.S. blockbusters.Los Angeles Times - 2d -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 5h -
How the Trade War Is Testing Gen Z Startups
They’re facing a TikTok ban and a trade war. Is Gen Z now Gen T?Inc. - 1d -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 13h -
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.The New York Times - 13h -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 1d -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 1d -
Elon Musk beefs with a 'moron' and 'The White Lotus' spawns a feud: The news quiz
China looks to its past in its trade war with the United States, LeBron James picks up another accolade, and the lottery just got more expensive.NBC News - 21h -
Friday Briefing: A Worsening Trade War
Plus, the biggest luxury deal of the year.The New York Times - 2d -
‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed
Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the right. While Donald Trump recently instituted and paused hefty tariffs, sparking a trade war ...The Guardian - 17h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 2d -
Prepping for War With Russia on the Ice and Snow
President Trump may be turning relations with NATO and Russia inside out, but winter war games revealed that two militaries’ cooperation was unchanged.The New York Times - 18h -
Putin’s war chest under threat as oil prices slide
Donald Trump’s tariff war adds pressure to Russian economyFinancial Times - 1d -
What Trump’s Tariffs Mean for Tech—and You
This week on Uncanny Valley, our hosts look at the impacts this trade war will have on the products we all use and how you can best navigate this new normal.Wired - 1d -
Senators call for probe into possible insider trading over Trump tariff reversal
Two Democrats are seeking answers from the White House about whether Trump administration officials engaged in insider trading amid the tariff rollbacks.ABC News - 2d -
Watch: Trump trade rep, congressman have fiery exchange over tariff pause
As President Trump announced a pause to his tariffs, his trade representative, Jamieson Greer, was in the middle of testifying at a House hearingCBS News - 2d -
Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs
Trump says he wants to slash the U.S. trade deficit and achieve what he calls "energy dominance."CNBC - 1d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 10h -
Trade war could put the frown back on Botox users’ faces
Fears that pharmaceuticals could yet be hit by tariffs have sent shares sharply lowerFinancial Times - 2h -
4/8: CBS Mornings Plus
President Trump threatens new tariffs on China amid rising trade tensions. Also, new studies suggest a possible link between weight loss drugs and a lower risk of dementia.CBS News - 13h -
Xi Jinping Travels to Southeast Asia Amid Tariff War with U.S.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.The New York Times - 32m -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 1d -
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 13h -
Trump Close to Winning Concessions From More Law Firms
Four or five firms could soon agree to deals that would be unveiled as a package, in an escalation of the president’s crackdown on an industry that has drawn his ire.The New York Times - 2d -
Tesla Halts Orders in China on U.S. Imported Models
An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.The New York Times - 1d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 17h -
Fed Under Pressure as Inflation Expectations Surge
A new survey from the University of Michigan shows consumers souring sharply on the economic outlook as the trade war heats up.The New York Times - 1d -
UK drivers brace for luxury British car price hike
A global trade war could mean higher prices for some models on both sides of the AtlanticFinancial Times - 1d -
China Secretly (and Weirdly) Admits It Hacked US Infrastructure
Plus: The Department of Homeland Security begins surveilling immigrants' social media, President Donald Trump targets former CISA director who refuted his claims of 2020 election fraud, and more.Wired - 19h