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The Latest Breaking News from China

China now producing its own blank wafers as domestic memory company ramps up 3D NAND production — YMTC consumes 500,000 homegrown wafers per month

Despite sanctions imposed by the U.S. government, YMTC is ramping up production of 3D NAND at a rapid pace.

Tom’s Hardware

Stocks Climb on Positive Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.48%. Stocks today are mixed, with some positive corporate news lifting the broader market. JM...

Barchart

Countries criticize Trump tariff plans, which could flout trade pacts - Roll Call

Trump’s tariff plans were criticized by Mexico, Canada and China and raised questions about potential trade pact violations.

Roll Call

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Here's Where Americans Will Feel Trump's Tariffs the Most If He Makes Good on 'Day One' Threats

The U.S. president elect has vowed to impose a 25% hike to imports from Mexico and Canada, as well as a 10% to products from China

Latin Times

Eric Trump demonstrates in 30 seconds he doesn’t have a clue how tariffs work

‘You want to allow drugs to come through our southern border? We’re going to tariff you,’ son of president-elect tells major U.S. trading partner

The Independent UK

Rivian Gets $6.6 Billion Loan To Supercharge Its New Georgia Plant

It's not easy to build cars, and more importantly, it takes a ton of cash to do it. Thankfully, the U.S. government seems to be willing to shell out cash to startups that it sees potential in. The latest to receive billions of dollars of government loans is Rivian, and…

InsideEVs

Mexican Peso, Canadian Dollar Slide As Ackman Says Trump Will Use Tariffs 'As A Weapon'

Trump announces plans to impose 25% tariffs on Mexican & Canadian imports & 10% on Chinese goods until drugs, illegal immigration stopped.

Benzinga

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Trump Threatens Tariffs On Mexico, Canada, China

President-elect Trump's proposed tariffs on Mexico, Canada, and China raise concerns about trade relations and economic impacts.

Top News

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S. If enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters

The Independent UK

China’s influence grows at COP29 climate talks as US leadership fades

The 2024 U.N. climate talks ended in Baku, Azerbaijan, on Nov. 24 after two weeks of arguments, agreements and side deals involving 106 heads of states and over 50,000 business leaders, activists and government representatives of almost every country.

The Conversation

Amid Trump's Plans To Impose 25% Tariffs, Mexico Fears BYD New Factory In Country Would Send Wrong Message: 'Investments From China Have To Be Analyzed With Extreme Caution'

Amid rising tensions over trade policies, Mexico faces a dilemma regarding a potential investment from Chinese electric vehicle manufacturer BYD (OTC:BYDDY) (OTC:BYDDF). This comes as President-elect Donald Trump plans to impose a 25% tariff on Mexican goods, raising concerns about the implications of hosting a Chinese EV factory.

Benzinga

Dow Jones Falls On Trump Tariff Threat; Nvidia Stock Hangs At Key Level

The Dow Jones dropped on the stock market today after President-elect Donald Trump's tariff threat on China, Canada and Mexico.

Investors Business Daily

First Thing: Trump’s vow of tariffs on Mexico, Canada and China attacked as ‘sales tax’ for Americans

Trump threatens 25% tax on Mexican and Canadian products and higher tariffs on Chinese. Plus, prosecutors drop Trump criminal charges for election interference

The Guardian - UK

Stock Index Futures Gain Ahead of FOMC Meeting Minutes and U.S. Economic Data

December S&P 500 E-Mini futures (ESZ24) are up +0.23%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as investors assessed the implications of U.S. President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada, while also awaiting the Federal Reserve’s November meeting minutes,…

Barchart

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news in one place.

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Top News

Rebel Group Seizes Key Trading Town In Myanmar

Kachin Independence Army's capture of Kanpaiti impacts Myanmar's rare earth mining and border dynamics, raising tensions with ethnic militias.

The Guardian - UK

Trump’s talk of tariffs raises fears of hit to economies worldwide

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth

Benzinga

Asia And Europe Markets Dip, Crude Oil And Gold Gain - Global Markets Today While US Slept

US markets ended higher on Monday, boosted by drop in bond yields and rate cuts. Asian markets mixed with Japan and Australia down, China and HK up.

The Independent UK

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for Americans’ pockets?

On the campaign trail, Trump claimed to his supporters that tariffs are ‘not going to be a cost to you, it’s a cost to another country.’ Economists warn this isn’t the case

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news in one place.

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The Guardian - AU

Trump’s incoming ‘border czar’ promises secure southern US border – as it happened

This live coverage has ended. you can find our US politics stories here.

Barchart

Stock Index Futures Muted as Bond Yields Climb on Trump Tariff Threat, Fed Minutes in Focus

December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.07% this morning as Treasury yields climbed following President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada.

The Independent UK

Rebel group takes key Myanmar border town and rare earth mining hub in setback for military regime

Witnesses say a powerful rebel group has seized a key trading town in northeastern Myanmar on the Chinese border, taking control of a lucrative rare earth mining hub in another setback for the military-led government

Al Jazeera

Pakistan tests secret China-like ‘firewall’ to tighten online surveillance

The new monitoring system could give the government unprecedented insights into citizens’ online use.

The Guardian - UK

Made in Ethiopia review – knotty study unpicks China’s industrial influence in Africa

Three women – a manager, a worker and a farmer – tell their stories in this nuanced exploration of Ethiopia’s booming Chinese-led manufacturing sector

Al Jazeera

What are Trump’s plans for tariffs on China, Canada and Mexico?

US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country.

The Guardian - US

Trump vows 25% tariffs on Mexico and Canada and deeper tariffs on China

President-elect attacks neighbors over immigration and accuses China over fentanyl entering US

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