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The Latest Breaking News from China

Economist Credited As Inspiration For Trump's Tariff Formula Claims The Administration 'Got It All Wrong'

Brent Neiman, a Chicago economist believed to be the inspiration for Trump's tariffs reveals he was shocked to learn he was associated with the policy, saying they got the math wrong.

Latin Times

US needs 'orbital interceptors' to win a war in space, Space Command chief says

Space Force Gen. Stephen Whiting says the United States military needs orbital weapons in order to be successful if war ever comes to space.

Space

Trump Tariffs: $1 Trillion Tax Hike Hits At Midnight; S&P 500 Goes South

Trump tariffs will approach the $1 trillion tax-hike threshold if reciprocal tariffs and an extra 50% tax on Chinese imports take effect at midnight.

Investors Business Daily

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Apple’s Price Target Slashed by Analyst Dan Ives: Should You Reconsider Your AAPL Position?

Apple shares tumbled after Wedbush’s Dan Ives cut his price target by 23%, warning of tariff risks and softening demand.

Barchart

‘Many more’ Chinese soldiers fighting for Russia claims Zelensky after two captured

Ukraine’s forces battled with six Chinese troops in the Donetsk region, the Ukrainian president said, sharing footage of one of the supposed Chinese prisoners with his hands zip-tied together on X

The Independent UK

Brands built on marketing ‘will just evaporate’: Industry experts weigh in on what US tariffs mean for the bike industry, and, the cost of your next machine

It’s too early to judge the winners and losers from last week’s tariff announcements, so we asked the experts and those affected most for their views.

Cycling Weekly

Markets Rise Despite China-US Tariff Clash

Stock markets regained some ground Tuesday, even as trade tensions between the United States and China were strained by turmoil over President Donald Trump's tariffs offensive.

International Business Times

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US defense secretary credits Panama with improving security cooperation after meeting with president

U.S. Secretary of Defense Pete Hegseth has credited Panama President José Raúl Mulino with improving security cooperation between their nations after the two men met

The Independent UK

There’s barely a human being on the planet who will be unaffected by Trump’s tariffs misadventure

THE INDEPENDENT VIEW: Editorial: As stock markets calm, the world’s two largest economies are squaring up for a fiscal ‘fight to the end’. We can only hope that, amid all the retaliations and ultimatums, a constructive approach will emerge

The Independent UK

Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war

Beijing vows to ‘fight to the end’ as president claims ‘many’ countries are seeking a deal with US

The Guardian - US

Ukraine's Zelensky Claims Troops Captured Chinese Soldiers Fighting For Russia: 'There Are Many More'

Ukrainian President Volodymyr Zelensky shared footage showing "two Chinese citizens who were fighting as part of the Russian army"

Latin Times

Now Fox News is suggesting Trump could win Nobel Peace Prize over tariffs

‘Is there a Nobel Prize in trade? I don’t know, but maybe he might be up for that one,’ Fox News anchor John Roberts declared on Tuesday

The Independent UK

FTSE higher as global markets rebound on hopes for trade deals

The FTSE 100 finished up by 2.71%, or 208.45 points, to close at 7,910.53.

Evening Standard

Ukraine captures two Chinese nationals fighting for Russia, Zelenskyy says

President Zelenskyy said Kyiv is demanding a response from Beijing after Chinese fighters found in the Donetsk region.

Al Jazeera

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The Conversation

China plans to build the world’s largest dam – but what does this mean for India and Bangladesh downstream?

China recently approved the construction of the world’s largest hydropower dam, across the Yarlung Tsangpo river in Tibet. When fully up and running, it will be the world’s largest power plant – by some distance.

Space

Russia and China are threatening SpaceX's Starlink satellite constellation, new report finds

SpaceX's Starlink internet satellite constellation has become a prime target for Russia and China, according to a new report assessing the counterspace capabilities of a dozen countries over the past year.

Barchart

Crude Little Changed as Risk Assets Recover on Trade Deal Hopes

May WTI crude oil (CLK25 ) today is down -0.07 (-0.12%), and May RBOB gasoline (RBK25 ) is up +0.0041 (+0.20%). Crude oil and gasoline prices today are mixed. Hopes that the US will accomplish trade deals have sent stock prices soaring today and boosted risk-on sentiment for asset markets....

Latin Times

China Believes It Will Beat Trump In Its Tariff Standoff As Deadline For Levies Looms

A new report claims that Beijing thinks it has the upper hand in the tariff standoff with the Trump administration and can come out on top

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Euronews

Will Trump's tariffs face more lawsuits as conservative opposition mounts?

Further lawsuits against US President Donald Trump's tariff regime are expected after his policy plunged global stock markets into chaos.

Barchart

Stocks Surge on Trade Deal Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +2.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +2.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +3.29%. June E-mini S&P futures (ESM25 ) are up +2.80%, and June E-mini Nasdaq futures...

Barchart

Stocks Mixed After Early Surge

The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.09%. June E-mini S&P futures (ESM25 ) are up +0.26%, and June E-mini Nasdaq futures...

Euronews

Which country is winning the race to be the world’s AI leader?

A new report has found that the AI race is “tighter than ever” with the United States and China ceding ground.

Latin Times

Elon Musk Escalates Rift With Top Trump Official: 'Dumber Than a Sack of Bricks'

Elon Musk escalated the feud with Trump adviser Peter Navarro, who had dismissed his stance on tariffs

Investors Business Daily

Stock Market Today: Indexes Negative As Stocks Gyrate; Investors Unsteady As Tariffs Set To Begin (Live Coverage)

The major indexes had another volatile day Tuesday, bouncing between positive and negative. Nvidia and Palantir remained positive on the stock market today.

The Independent UK

China rapidly closing gap in race to human-level AI, report says

Performance of leading AI models built in US and China shrank to ‘near parity’ in 2024, Stanford researchers say

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