42 h. ago Trump applies mascara to 'eyeliner man' JD Vance in wild AI image created by China

As hostilities and tensions continue between China and the United States, Chinese social media users share a bold image of Trump and JD Vance having girly time, created by AI

Politics

4 d. ago Trade war fears trigger biggest slide in US consumer expectations since 1990 recession – business live

Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles - in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading...

Economics

4 d. ago Trump tenderly applies mascara to 'eyeliner man' JD Vance as the pair snuggle in an all

Chinese commentators across the political spectrum have found rare common ground in their meme-led criticism of the U.S. president and his deputy.

Politics

4 d. 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

4 d. ago China ‘may exempt some US goods’ from tariffs; British retail sales beat forecasts – business live

Rolling coverage of the latest economic and financial newsRachel Reeves used a brief speech to US investors at the British ambassador’s lavish residence in Washington last night, to acknowledge some of the downsides of globalisation, in a nod to Donald Trump’s stance.As she prepares to meet Treasury secretary Scott Bessent today, Reeves said China’s entry into the global trading system 25 years ago had created “huge benefits in terms of cheaper goods, more innovation and more opportunities to trade”.“They voted for change because they didn’t think that the economy worked well enough for them and their families. They saw the erosion of good jobs that paid a decent wage. They saw industries that once powered their towns disappear. And as elected politicians we have to respond to that”.“Some may say that under this very consequential president we have at the moment, this is a rollercoaster period and therefore a challenge to us all. But we would say that a rollercoaster is fine, as lon...

Economics

6 d. ago Apple and Meta fined a combined £600m for breaching EU competition rules

The European Commission said the tech giants breached the Digital Markets Act.

Economics

6 d. ago Trump hits thousands with surprise deportation notice email – including US citizens

The Trump administration is quietly revoking a temporary legal status that applies to around 900,000 people

Politics

8 d. ago Google to face off with US government in attempt to break up company in search monopoly case

Google on Monday will confront an existential threat as the U.S. government tries to break up the company as punishment for turning its revolutionary search engine into a ruthless monopoly

Politics

1 week ago Temu and Shein warn of US price hikes from next week due to Trump tariffs

Shein says ‘operating expenses have gone up’ as both Chinese retailers also drop ad spending in USTwo of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price hikes from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force.Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of so-called “de minimus” exemption, under which shipments worth less than $800 (£600) could be imported duty-free. Continue reading...

Events

1 week ago Nvidia hit with $5.5bn charge after promising half a trillion US investment

The world’s biggest chipmaker and AI leader is set to invest heavily in the States across the coming years

Economics

1 week ago Canadian universities report jump in US applicants amid Trump crackdown

UBC and others report spike in interest from US citizens as Trump withholds funds and revokes foreign student visasMore students living in the United States are applying to Canadian universities or expressing interest in studying north of the border as Donald Trump cuts federal funding to universities and revokes foreign student visas.Officials at the University of British Columbia’s (UBC) Vancouver campus said the school reported a 27% jump in graduate applications as of 1 March from US citizens for programs starting in the 2025 academic year, compared with all of 2024. Continue reading...

Politics

1 week ago Apple airlifted iPhones worth $2bn from India in March as Trump tariffs loomed

Tech giant stepped up production and chartered cargo flights with at least six jets to ensure sufficient inventoryApple’s main Indian suppliers Foxconn and Tata shipped nearly $2bn worth of iPhones to the United States in March, an all-time high, as the US company airlifted devices to bypass Donald Trump’s impending tariffs, customs data shows.The smartphone maker stepped up production in India and chartered cargo flights to ferry 600 tons of iPhones to the United States to ensure sufficient inventory in one of its biggest markets based on concern that the US president’s tariffs would push up costs. At least six cargo jets were used in the operation, which one source described as a way to “beat the tariffs”. Continue reading...

Politics

2 w. ago Obama applauds Harvard for rejecting Trump administration’s ‘ham

Obama said the Ivy League university has set an example for other higher education institutions and hopes they ‘follow suit’

Politics

2 w. ago The Simpsons' most eerie predictions that have actually come true

From Donald Trump becoming president to Disney buying Fox and AI robots ruling our lives, American showThe Simpsons has made several uncanny predictions over the years.

Politics

2 w. ago FTSE and global markets bounce back after Trump’s tech tariff reprieve

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

Politics

2 w. ago Trump’s trade war with China shows no signs of slowing even with phones and electronics being exempted: Live

Electronics exemption to Trump’s tariffs will benefit high-tech companies such as Apple and Tesla

Politics

2 w. ago Russian TV mock Trump's tariffs as they applaud him on damage done to US

TV host Vladimir Solovyov took turns on his recent evening show at pillorying the US president over his backtracking of tariffs and his love of washing his hair in the shower

Politics

2 w. ago Trump in driver seat on tariffs says Lutnick and will personally negotiate top 15 trade deals: Live

Electronics exemption to Trump’s tariffs are boost for high-tech companies such as Apple and Tesla

Economics

2 w. ago Donald Trump exempts iPhones and laptops from new tariffs in huge U

US consumers feared price of handsets could triple if passed on to them

Politics

2 w. ago Trump rolls back some more tariffs as his ‘Liberation Day’ plans continue to face scrutiny: Live updates

Electronics exemption to Trump’s tariffs are boost for high-tech companies like Apple and Tesla, as well as China, which still remains under 145 percent levy

Politics