10 h. ago Apple ‘aims to source all US iPhones from India’, reducing reliance on China

Report suggests tech firm – swept up in Donald Trump’s trade war – will make change as soon as 2026Apple is reportedly planning to switch assembly of all iPhones for the US market to India as the company seeks to reduce its reliance on a Chinese manufacturing base amid Donald Trump’s trade war.The $3tn (£2.3tn) technology company aims to make the shift as soon as next year, the Financial Times reported. Continue reading...

Politics

11 h. ago China grants some tariff exemptions for US imports as trade war bites

Sign of relief for foreign businesses comes as Donald Trump insists talks are under way to reduce levies

Events

31 h. ago Trump keeps claiming he’s working on a deal with China. Beijing says that it is all in his mind

‘Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis,’ a spokesperson for China’s Ministry of Commerce said

Economics

35 h. ago The key reasons China holds the edge over the US in Trump’s trade war

Despite the slight change in tone from the White House, China says it will not be bullied into a deal

Politics

38 h. ago Kenyan president vows closer ties to China during visit amid Trump's trade war

Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global trade war triggered by Washington could deal a “death blow” to the current world order

Politics

47 h. ago Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration has also signaled its trade war with China may be letting up soon

Politics

50 h. ago Boeing doesn't expect the US trade war with China to slow its recovery

Boeing CEO Kelly Ortberg says he doesn’t expect the U.S. trade war with China to get in the way of its its financial recovery and aircraft delivery targets even though Chinese airlines are refusing to accept the company’s planes

Events

52 h. ago Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool

The Treasury Secretary says the U.S. and China can work together to ‘rebalance’ their respective economies

Economics

52 h. ago Trump sends the markets wild with promise for 'fair' trade deal with China amid growing uncertainty

Markets rose Wednesday as Trump and his Treasury secretary spoke of the potential of a deal with China amid a trade war, plus the president saying he didn't plan to fire the head of the Fed.

Economics

54 h. ago The Latest: Treasury secretary says trade war with China is not ‘sustainable’

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the world’s two largest economies

Events

60 h. ago Elon Musk says Tesla robot production hit by trade war with China

Tesla planned to produce thousands of Optimus robots this year, but are now lacking a key component

Events

61 h. ago Chinese PM writes to Japan stressing need to jointly fight Trump’s tariffs

China has reportedly urged Japan for a coordinated response to tariffs imposed on both nations by US president Donald Trump.

Politics

61 h. ago UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live

UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade dealEuropean stocks have also opened higher, as a wave of relief spread across markets.The UK’s FTSE 100 index is up by 1.2% at 8,430, while the Italian FTSE MiB rose by 1.4%.Bessent threw a lifeline to fragile US sentiment with conciliatory remarks on the US-China trade war. Bessent said the current tariff situation is “unsustainable” and expects a de-escalation in the near term.We could witness a period where the dollar is tossed around by headlines of Fed independence risk and market-friendly news on US tariff policy. What is clear by now is that no other G10 currency has a higher positive beta to trade news than the dollar. Continue reading...

Politics

3 d. ago US Treasury secretary says trade war with China is not 'sustainable'

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies

Events

3 d. ago US markets rally as Treasury secretary says China trade war is ‘unsustainable’

Scott Bessent tells investors he expects two countries to reach a deal that would end restrictions on flow of goods

Events

3 d. ago Experts warn Trump’s trade war with China could erupt into a cold war

Earlier this month, Trump temporarily paused most tariffs while ratcheting up rates on China

Events

3 d. ago China threatens to retaliate against countries that strike trade deals with Trump

Warning from Beijing comes as Vice President JD Vance meets Indian Prime Minister Narendra Modi to discuss path to trade deal

Economics

4 d. ago China sends back Boeing jet as Trump tariffs escalate trade war with US

Beijing cautions third countries against making trade concessions to US at its expense

Politics

7 d. ago US rare earth champion faces trade war test after tariffs halt China sales

MP Materials has been sending concentrates to Chinese partner as it races to expand in US

Economics

8 d. ago Nvidia boss visits China days after Donald Trump limits AI chip exports – business live

Live, rolling coverage of business, economics and financial markets as Chinese state media publishes photo of Jensen Huang visiting BeijingNvidia boss Jensen Huang has travelled to China for talks despite limits on the chip company’s sales imposed by the White House under Donald Trump.The visit of Huang, chief executive of one of the US’s most valuable companies, will be closely followed amid the vicious trade war between the US and China.The SFO remains committed to stamping out international bribery wherever it may occur.British companies have a duty to prevent the harm caused by bribery when doing business at home and abroad, to ensure that the UK remains a safe and fair place to do business. Continue reading...

Politics