Latest in Myanmar Quake China
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What China should do next
To weather Trump’s global storm, Beijing’s economic strategy must evolveFinancial Times - 23h -
India among 7 possible bids to host 2031 Asian Cup in men's soccer. China is not among them
India is among seven possible bidders wanting to host the 2031 Asian Cup in men’s soccer, the Asian Football Confederation said Friday. China was not among them. The other federations registering ...Yahoo Sports - 1d -
U.S. stock futures point to higher Wall Street opening despite China tariffs hike
Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.CBS News - 1d -
Watch live: White House holds briefing as US-China trade war intensifies
White House press secretary Karoline Leavitt will brief reporters Friday afternoon as tensions rise between the U.S. and China amid a growing trade war. President Trump earlier this week increased ...The Hill - 23h -
Trump tariffs are another nail in the coffin for Hollywood in China
Chinese bloggers report Xi Jinping's government is considering a ban on Hollywood movies. That would drag entertainment companies to the front lines of the trade war.Los Angeles Times - 3d -
Trump Folds on Tariffs for Now –Except for China
Following a stock and bond market rout, and pleas from business leaders, the President hit the pause button–for 90 days.Inc. - 2d -
Will iPhones cost more because of Trump's tariffs on China?
Some analysts say that if costs incurred by tariffs pass to consumers, US iPhone prices could rise by hundreds of dollars.BBC News - 1d -
China increases retaliatory tariffs on US imports to 125%
Beijing accuses Trump of violating ‘basic economic laws and common sense’ as it announces tit-for-tat rise in dutiesFinancial Times - 1d -
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 - 21h -
Europe must choose between America and China
In a multi-polar world, old certainties about the US security guarantee and access to markets no longer holdFinancial Times - 11h -
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 - 4h -
If Trump is trying to suppress China, he’s going about it all wrong
The shock of tariffs is pulling Beijing back to economic fundamentalsFinancial Times - 2d -
Trump Has Added 145% Tariff to China, White House Clarifies
White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to ...The New York Times - 1d -
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 - 1d -
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.The New York Times - 1d -
Trump’s tariffs on China could be felt by consumers ‘within weeks’
NBC Senior Business Correspondent Christine Romans explains how soon consumers could feel the impact of President Trump’s tariffs. CNBC Senior Economics reporter Steve Liesman says Wall Street ...NBC News - 1d -
Asia’s emerging nations squeezed by Trump tariffs and China’s retaliation
Stock markets of Taiwan, Thailand and Vietnam deep in the red this year, despite rallying after reprieve on tariffsFinancial Times - 1d -
India rebuffs China’s BYD as Trump trade war creates openings
Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rateFinancial Times - 1d -
Life in Shanghai, China’s commercial capital, goes on but anti-US sentiment is hardening
Chinese companies are relieved Trump’s wider tariffs have been paused but on social media, posts are full of defiance. On Thursday morning in Shanghai, as shoppers filled the luxury malls and ...The Guardian - 1d -
Dollar and Treasuries sell off as Trump’s China tariffs spook investors
Scale of US levies on Chinese goods deepens recession fearsFinancial Times - 1d -
China raises retaliatory levies on U.S. goods to 125% as dollar sinks
Beijing signaled that this is likely to be its last increase as tariffs reach levels that make trade between the world’s two biggest economies unfeasible.NBC News - 1d -
China braces for strong winds, with lighter people warned they may blow away
State media is warning that people weighing less than 50kg (110lbs) may be "easily blown away".BBC News - 1d -
Trump’s New Plan for Social Security Death List, and China’s Counterattack on Tariffs
Plus, Hollywood stunts in the spotlight.The New York Times - 1d -
FirstFT: Sell-off resumes as China retaliates to Trump’s latest tariff rise
Also in today’s newsletter, OpenAI slashes AI model safety testing time and Pentagon terminates $4bn of consultancy contractsFinancial Times - 1d -
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 -
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.CNBC - 1d -
China Raises Tariffs on U.S. Imports to 125%, Calling Trump’s Policies a ‘Joke’
Beijing’s retaliation came after the White House ratcheted up its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.The New York Times - 20h -
Stocks, Bonds and U.S. Dollar Rattled by China’s Latest Response to Trump’s Tariffs
Beijing retaliated with higher tariffs on U.S. goods, a tit-for-tat move that intensified investors’ anxiety.The New York Times - 20h -
Why does Trump love those ‘beautiful’ tariffs? It didn’t start with China.
“Make America Great Again” longs for an America that can never be again.MarketWatch - 19h -
China’s exporters defy US ‘paper tiger’ as Beijing invokes Mao
Stoic defiance in ‘trinket town’ echoes Beijing’s insistence that nation can prevail against Donald Trump’s tariff blitzFinancial Times - 15h -
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 - 6h -
Trump plans to stockpile deep sea critical metals to counter China
US drafting order to collect ‘nodules’ from Pacific seabed for minerals used in battery supply chainsFinancial Times - 7h -
Hundreds of flights cancelled in China as strong winds hit capital
State media outlets earlier warned that people weighing less than 50kg may be "easily blown away".BBC News - 1h -
Beijing Tells City Residents to Stay Home as Strong Winds Hit China
Beijing residents were told to stay home, tourists sites were closed and thousands of flights were canceled across the country.The New York Times - 1h -
Consumer attitudes worsen amid Trump's tariff escalation: Survey
Trump's tariffs have triggered market turmoil and a trade war with China.ABC News - 1d -
US stocks close higher, ending week of historic volatility with upswing
Market gains defied an intensifying U.S.-China trade war and inflation fears.ABC News - 18h -
Stocks surge 600+ points after wild week
China hit the U.S. with a new tariff, raising the tax on American goods to 125%. It comes after the White House raised tariffs on China to 145%. All of it, fueling a wild week on Wall Street. NBC ...NBC News - 14h -
China and North Korea aid to Russia poses security risk in Indo-Pacific region, says top US commander
Beijing and Pyongyang are aiding Russia in its war against Ukraine, and Moscow in turn is assisting their militaries. The top US commander in the Pacific has warned senators that the military ...The Guardian - 1d -
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.CNBC - 1d