The Latest Breaking News from China

Investors welcomed a carve-out benefiting companies such as Apple – but White House officials have downplayed the exemptions

This week, the European Central Bank’s (ECB) interest rate decision will take centre stage. The bank is expected to continue reducing its benchmark policy rates amid mounting economic risks linked to tariffs. In Asia, China’s GDP will be closely watched by investors.

Chinese customs official says trade has diversified away from US in recent years and plays up ‘vast domestic market’

Wera Hobhouse says her apparent presence on secret list of critics of country’s human rights record made her a target

White House says, ‘It’s a legal question that the president is looking into’

Chinese exports jump as official says ‘the sky won’t fall,’ despite warning from US officials that smartphone and laptop exemption from import tariffs on China will be short-lived

Tesla stopped taking orders for new Model S and Model X in China late last week, marking another step toward the two models’ impending demise. The American electric car maker didn’t officially announce the change, but its Chinese website was updated late last week with the removal of the order…

Xi Jinping expected to present China as reliable partner in contrast to US, which imposed – then suspended – tariffs over 40% on some countries

US president says he will announce tariff rates on semiconductors next week

The euro surged further against the US dollar, and European stock markets are set to open higher as the White House exempts electronics from the reciprocal tariffs. However, US President Donald Trump and his team hinted that the exemption would only be temporary.

Asian markets have rallied as tensions over trade ease slightly after U.S. President Donald Trump said electronics such as phones and laptops would not be subject to the same high U.S. import duties as some other products