Yesterday
Apple to source all US iPhones from India as China trade war bites
The tech giant is planning to shift its assembly from China as soon as next year in response to Donald Trump’s tariff increases.
China says US must revoke all tariffs, denies talks
Beijing says the US must lift all tariffs against China if it “truly” wants to resolve the trade war after the US president flagged rolling back levies.
‘Let’s have clarity’: Finance chiefs rue Trump’s tariff whiplash
Finance chiefs in Washington say they are still trying to figure out what Trump wants, as the global economy heads for a slowdown and the chaos keeps going.
Trump moves to ramp up deep-sea mining for critical minerals
The US president signed an executive order to speed up permits for ocean mining to boost the supply of critical resources largely controlled by China.
Fed’s Waller will support rate cuts if Trump’s tariffs lead to job losses
US Federal Reserve governor Christopher Waller says unemployment could rise, and quickly, if high tariffs come into play in July.
This Month
Heat on premier to end uranium ban
Many expected the return of a conservative government in Queensland would lift the uranium mining ban. But Premier David Crisafulli has other ideas.
The most stunning reveal (among many) at the giant Auto Shanghai show
Financial Review motoring writer Tony Davis finds a myriad of new brands and developments as China aims to fill every niche in the automotive world.
China boosts defence; Punch thrown in Kooyong; Fundies’ top 15 stocks
Read everything that’s happened in the news so far today.
Trump considers slashing China tariffs by ‘more than half’
The US president is reportedly mulling reducing levies by 50 per cent to 60 per cent in a bid to de-escalate the trade war with Beijing.
Japan eyes pact with China, South Korea as trade war hedge
Tokyo signals renewed interest in negotiations with a personal letter from Prime Minister Shigeru Ishiba to Chinese President Xi Jinping.
ASX jumps; Trump vows lower China tariffs; CBA’s stock surge mystery
Read everything that’s happened in the news so far today.
‘We’re going to be very nice.’ Trump vows lower tariffs on China
The president told reporters he would not play hardball with Chinese President Xi Jinping and tariffs on imports from the country would fall significantly after a deal.
US hits SE Asia with up to 3521pc tariffs on solar imports
The Trump administration is largely targeting Chinese companies that have set up solar panel factories in Cambodia, Vietnam, Malaysia and Thailand.
Western car makers plot China comeback with local know-how
Volkswagen, Toyota and others have adopted “in China for China” plays to win back consumers who have shifted to more affordable and tech-packed homegrown EVs.
China’s CATL overtakes BYD on 5-minute EV charging time
The company claimed this week that a new version of its flagship cell can achieve a 520km range in the same time, compared with its rival’s 470km.
Shein’s Australian sales top $1b in online fast-fashion surge
Revenues at the Singapore-headquartered ultra-cheap goods retailer soar 25 per cent over the last year as local rivals struggle in a cost-of-living crunch.
China warns nations not to cut US trade deals at its expense
While it respects nations resolving their trade disputes with the US, Beijing “resolutely opposes any party reaching a deal at the expense of China’s interests”.
Piastri on top of the world with a lot more winning to do
It is the first time an Australian has led the drivers’ standings for 15 years, following his manager Mark Webber in 2010.
Grill’d burnt over pay; Protesters target PM; Forget 60/40 under Trump
Read everything that’s happened in the news so far today.
The next global crisis won’t be about oil or banks – but tech
Unlike during the Cold War, countries will not be able to remain neutral because China and the US will continue to push nations to choose which side of the tech stack they support.