Latest in China Global
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The U.S. and China are copying each other, giving rise to memes and mockery
President Donald Trump wants to bring back American manufacturing in ways that would reshape the United States economy to look more like China’s.NBC News - 5h -
Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate
Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.CNBC - 23h -
Senators vow to keep investigating Meta over its China record after ex-employee testifies
Republican and Democratic senators took turns Wednesday denouncing Meta CEO Mark Zuckerberg over his company’s record on China.NBC News - 3h -
Are you sipping soju, South Korea’s favourite spirit?
The vodka-like drink is going globalFinancial Times - 1d -
Trump: Trade deficit with China must be resolved before deal on tariffs
President Trump said the trade deficit between the U.S. and China must be resolved before he is willing to negotiate a deal regarding the tariffs he placed on Beijing. “When you look at the trade ...The Hill - 2d -
China vows to ‘fight to the end’ if Trump raises tariffs to 104%
China said Tuesday it will “fight to the end” if President Donald Trump imposes an additional 50% tariff on Chinese goods as many countries rush to negotiate trade with the United States.NBC News - 1d -
China vows to ‘fight to the end’ against latest Trump tariff threat
Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies looms. Tariff market reaction –live updates China’s government says it will ...The Guardian - 1d -
China says it will 'fight to the end' after Trump threatens 50% additional tariffs
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on U.S. products last week.CNBC - 1d -
White House insists Trump won't budge on 104 percent China tariff
The White House on Tuesday insisted that President Trump won’t back down on his threat to impose a more than 100 percent tariff rate on China, significantly escalating the trade war between the two ...The Hill - 1d -
US knocks China over citizens captured in Ukraine war: ‘Disturbing’
The United States criticized China after Ukraine announced it had caught two Chinese nationals fighting alongside Russian forces. “It’s disturbing with the Chinese soldiers having been captured,” ...The Hill - 1d -
Nursing home fire in northern China leaves 20 dead
The Hebei nursing home’s other residents have been transferred to nearby hospitals as authorities investigate cause of the blaze. Twenty people have died in a fire at a nursing home in northern ...The Guardian - 21h -
Trump tariffs, including massive levies on China, go into effect
President Trump's latest round of sweeping reciprocal tariffs went into effect early Wednesday, including a 104 percent import tax on China. The tariffs, which Trump announced April 2, the day he ...The Hill - 14h -
Trump trade war intensifies as China fires back, futures plunge
China on Wednesday announced a new 50 percent tariff on U.S. exports, intensifying a trade war initiated by President Trump that is showing no signs of slowing down as it causes economic chaos ...The Hill - 14h -
For U.S. and China, a Risky Game of Chicken With No Off-Ramp in Sight
China’s latest move: an additional 50 percent tariff on U.S. goods. Neither side wants to look weak by backing down, but a collapse of their trade ties could have profound consequences.The New York Times - 13h -
China says it has 'firm will and abundant means' to fight trade war
China is showing no signs of backing down after President Donald Trump imposed a sweeping 104% tariff on Chinese goods, including clothes, shoes, toys and tech products. Duties on other countries ...NBC News - 15h -
What Trump’s 104% tariff on China will mean for US consumers
After President Donald Trump’s sweeping new tariffs on China and other countries went into effect, there are new questions about what it means for consumers with prices set to rise for most items ...NBC News - 15h -
Switch 2 Is Not Launching Day One In China And Was Never Likely Planned To
It was reported today that Nintendo will not release the Switch 2 in China on day one, but that should come as no surprise. A report from Nikkei said Nintendo is doing demand-checks first ...GameSpot - 11h -
China Condemns American ‘Protectionism’
Beijing issued a lengthy denunciation of U.S. trade policies and accused Washington of violating a trade deal the countries reached in President Trump’s first term.The New York Times - 16h -
China is matching Trump tariff for tariff. It has other ways it can strike back, too.
The trade war between Washington and Beijing took a turn Wednesday when China imposed an additional 50% tariff on U.S. imports, upping it to 84%.NBC News - 10h -
Trump’s tariffs may be perilous for small, heavily indebted countries in global south
Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere. “This is very messed up. If Trump wants Cambodia to import more ...The Guardian - 3d -
Amadou Bagayoko, Half of Malian Duo Who Went Global, Dies at 70
As Amadou & Mariam, he and his wife were improbable pop stars on two counts. Their style was venturesome and eclectic, and they were blind virtuosos.The New York Times - 3d -
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.The New York Times - 2d -
Global stocks plummet as Trump offers no respite from tariffs
Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemicFinancial Times - 2d -
Marine Le Pen ruling is fuel for the global right’s attacks on court authority
Rightwing and populist leaders are seizing on conviction to push narrative they are being silenced – but legal experts disagree. The three-word message, launched minutes after the verdict came in, ...The Guardian - 2d -
FirstFT: Global market rout over Trump tariffs continues
Also in today’s newsletter, UK to water down private equity rules and Marine Le Pen denounces “witch-hunt”Financial Times - 2d -
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.The New York Times - 2d -
US tariffs threaten almost $2tn of investment pledges by global companies
Businesses with supply chains vulnerable to sweeping duties had been hoping to negotiate concessions from WashingtonFinancial Times - 1d -
More CEOs warn about impact of Trump's tariffs on global economy
After another chaotic day on Wall Street Monday, financial leaders, including JPMorgan Chase’s Jamie Dimon, hedge fund billionaire Bill Ackman and Virgin Group founder Richard Branson, are warning ...NBC News - 1d -
Trump 'not looking' to pause tariffs despite global economic fears
With President Donald Trump’s next round of escalatory tariffs set to go into effect, he insists that despite rattled markets and recession fears, he’s not considering hitting the pause button. ...NBC News - 1d -
Wall Street’s global pre-eminence is at risk in trade war
Uncertainty means fewer deals, fundraisings and financingsFinancial Times - 22h -
World's first-ever global emissions tax is on the table at crunch shipping talks
Although far from a foregone conclusion, a robust pricing mechanism in the shipping sector would be considered one of the climate deals of the decade.CNBC - 20h -
FirstFT: Global market rout deepens as Trump’s ‘reciprocal’ tariffs kick in
Also in today’s newsletter, Musk calls Navarro a ‘moron’, and the hedge fund caught off guard by the sell-offFinancial Times - 16h -
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
Amid the doom and gloom in financial markets, President Trump continues to insist he’s got a plan.The New York Times - 7h -
NATO chief raises concern over China's arms buildup, calls on allies to work together
NATO's chief has raised concern about China’s arms buildup and military drills near Taiwan and called on the organization's members and friendly nations to work together to keep free and open sea ...ABC News - 1d -
Stock Markets Slide Again as Trump Plans to Move Ahead With More China Tariffs
An early rally on Wall Street faded and the S&P 500 ended the day down 1.6 percent after the White House reaffirmed plans to impose high tariffs on China and other countries at midnight.The New York Times - 1d -
China unlikely to blink first as Trump’s trade war enters uncharted new territory
Since Trump’s first trade war with China in 2018, Beijing has ramped up trade with other countries, making it less dependent on the US. The opening shots seem like a distant memory. Back in ...The Guardian - 21h -
Trump issues 90-day tariff pause on most countries, keeps hike for China at 125%
President Trump announced a 90-day pause or reduction in tariffs on imports from more than 75 countries, excluding China. Tariffs on Chinese goods will rise to 125%. Markets reacted positively to ...NBC News - 8h -
China, EU retaliate against Trump
It’s Wednesday. Thoughts and prayers to everyone’s sinuses. It feels like the entire DMV is doused in yellow pollen. In today's issue: THE FIRST 100 DAYS Trump urges public to chill: President ...The Hill - 10h -
Are US tariffs just the beginning? With Abraham Newman
There are other tools of economic coercion in the modern global economyFinancial Times - 2d
