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China opens to talks with US amid tariff war, wants Trump admin to show respect: World | China said that it will be open to talks with the US but wants the ...
wionews.com/world/china-opens-to-talks-with-us-amid-tariff-war-wants-trump-admin-to-show-respect-8968109

White House's 245% tariff figure for some Chinese products causes confusion
usatoday.com/story/news/politics/2025/04/16/trump-china-tariff-245-percent-trade-war/83114710007/
Was a trade war with China necessary?: The China trade war has spooked investors, but it also has supporters
sandiegouniontribune.com/2025/04/18/was-a-trade-war-with-china-necessary/

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Experts weigh in on who has the upper hand in the US-China trade war: President Donald Trump said Thursday that he expects an agreement "over the next three to ...
businessinsider.com/experts-weigh-who-has-upper-hand-us-china-trade-war-2025-4
What Top Chinese Economists Think of Trump’s Tariffs: China’s academic and policy circles see economic and diplomatic opportunities amid the crisis of ...
thediplomat.com/2025/04/what-top-chinese-economists-think-of-trumps-tariffs/
China says it will ignore US 'tariff numbers game': China will pay no attention if the United States continues to play the "tariff numbers ...
rte.ie/news/world/2025/0417/1508111-china-us-tariffs/

China will pay no attention to US 'tariff game': Trade Tensions: China says it will ignore US tariff escalation, responding to White House warning of duties up ...
deccanherald.com/world/china-will-pay-no-attention-to-us-tariff-game-3497649

No talks without respect: China unmoved by Trump's 245 pc tariff threats: China files a new complaint against the US at the WTO, accusing Washington of ...
nation.africa/kenya/news/world/china-unmoved-by-trump-s-245-pc-tariff-threats-5006024

China now faces up to 245% retaliatory tariff, says White House: He appeared to be confirming reports that China has asked its airlines not to take deliveries of ...
deccanherald.com/world/china-now-faces-up-to-245-retaliatory-tariff-says-white-house-3496426

China has a plan to win Trump’s trade war: The US has tariffs on China of over 100 percent, and vice versa. But China seems ready to fight.
vox.com/today-explained-newsletter/408887/china-boeing-tariffs-trump-economy

‘China now faces up to a 245% tariff on imports to US due to its retaliatory action’: Washington
scroll.in/latest/1081403/china-now-faces-up-to-a-245-tariff-on-imports-to-us-due-to-its-retaliatory-action-washington

Trump: India has offered US a trade deal with no tariffs: U.S. President Donald Trump said on Thursday that India had offered a trade deal that proposed "no ...
reuters.com/world/india/trump-india-has-offered-us-trade-deal-with-zero-tariffs-2025-05-15/
Image from the original article. Source: Trump wants Apple to stop moving iPhone production to India: iPhone maker was making plans to diversify its manufacturing beyond China
gulfnews.com/business/retail/trump-wants-apple-to-stop-moving-iphone-production-to-india-1.500128053

Key FactsTrump Pressures Apple to Halt Production in India
53m · Reading time: ~45 sec.
Summary created with AI assistance · Source: livemint.com
Summary created with AI assistance · Source: livemint.com
- President Donald Trump urged Tim Cook to cease manufacturing in India and increase production in the United States.
- Trump made this statement during a Middle Eastern visit, asserting that India can manage on its own.
- Despite India's offer of a no-tariff deal, Trump highlighted high tariff barriers as an obstacle for American products.
- This stance may impede India's goal of becoming a global tech manufacturing hub.
I don’t want you building in India. India can take care of itself.— Donald Trump during his Middle East tour, referring to his conversation with Apple CEO Tim Cook.
China says ready to ‘expand practical cooperation’ with Russian army: China said Thursday it was ready to “expand practical cooperation” with the Russian army ...
english.alarabiya.net/News/world/2025/05/15/china-says-ready-to-expand-practical-cooperation-with-russian-army

Michael Pettis: Die Rolle Europas in einer sich wandelnden Welthandelsordnung: Die europäischen Volkswirtschaften haben von der Globalisierung profitiert ...
themarket.ch/english/michael-pettis-the-role-of-europe-in-a-changing-global-trade-order-ld.13982
China grants visa-free entry to some of Latin America's biggest economies: China will extend its visa-free policy to nationals of Brazil, Argentina, Chile ...
reuters.com/world/china-grants-visa-free-entry-nationals-brazil-argentina-chile-peru-uruguay-2025-05-15/

The U.S.-China trade ‘deal’ is no deal. The U.S. just blinked.: Last month, U.S. tariffs on Chinese imports skyrocketed to 145%.
msnbc.com/opinion/msnbc-opinion/us-china-trade-tariffs-deal-trump-blinked-rcna206348

Walmart warns US-China tariff deal will not stop price rises : World’s biggest retailer reports rise in first-quarter sales in the face of Trump’s trade war
ft.com/content/330c484e-40c2-4d92-9768-f7336acbe9c9
Celeb hairstylist Addy Lee says he regrets knowing TV host Quan Yifeng and her daughter Eleanor Lee
straitstimes.com/life/entertainment/celeb-hairstylist-addy-lee-says-he-regrets-knowing-tv-host-quan-yifeng-and-her-daughter-eleanor-lee
Taiwan cannot rule out China holding more drills as president marks a year in office
channelnewsasia.com/east-asia/taiwan-cannot-rule-out-china-drills-president-lai-ching-te-one-year-office-5132001

Loblaw warns of surge in tariff-hit food products as pre-tariff inventory runs out
bnnbloomberg.ca/tariffs/2025/05/14/loblaw-warns-of-surge-in-tariff-hit-food-products-as-pre-tariff-inventory-runs-out/
Image from the original article. Source: Latest iPhone sees big discounts on Chinese e-commerce sites: Chinese e-commerce sites have slashed the price of some iPhones ahead of a festival ...
businessinsider.com/latest-apple-iphone-sees-big-discounts-chinese-e-commerce-sites-2025-5
Key FactsiPhone Shipments Plummet in China Market
May 13 · Reading time: ~30 sec.
Summary created with AI assistance · Source: macrumors.com
Summary created with AI assistance · Source: macrumors.com
- iPhone shipments in China dropped by 49.6% year-over-year in March 2025, totaling just 1.89 million units.
- Apple's market share decreased to around 8%, while domestic brands now account for 92% of smartphone shipments.
- Increased competition from local brands like Huawei, Vivo, and Xiaomi has pushed Apple to fifth place with a 14.1% market share.
- To counteract declining sales, Apple is reportedly reducing prices on some iPhone 16 Pro models ahead of the '618' shopping festival.
A step back from the brink for the global economy, and other economic news to know
weforum.org/stories/2025/05/step-back-from-brink-for-global-economy-and-other-key-economic-news/
How Trump's man in Beijing swung from trade globalist to China hawk: Ambassador David Perdue will seek to restore lines of communication.
reuters.com/world/how-trumps-man-beijing-swung-trade-globalist-china-hawk-2025-05-15/
Image from the original article. Source: Siemens sees limited tariff impact as profit top forecast: Siemens expects only a small impact on profit this year from the ramp up in global tariffs ...
reuters.com/business/siemens-confirms-growth-outlook-after-q2-figures-beat-forecasts-2025-05-15/
Key FactsSiemens Confirms Growth Outlook After Strong Q2 Results
2h · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Siemens anticipates a 3 to 7% revenue increase for the full year despite rising uncertainties.
- In the second quarter, industrial profit rose by 29% to 3.24 billion euros, aided by a gain from the sale of its wiring business.
- Sales increased by 7% to 19.76 billion euros, while orders grew by 10%.
- Despite challenges in the digital industry sector, Siemens is witnessing improvement across most business areas, particularly in Smart Infrastructure.
"Our customers continue to rely on our technology, and our global footprint demonstrates our resilience."— Roland Busch, CEO of Siemens, in a statement confirming the company's growth outlook.
'You know who occupies it, CHINA': Trump stresses US will keep Bagram Airbase in Afghanistan
wionews.com/world/china-occupies-it-now-us-president-donald-trump-says-us-will-keep-control-of-bagram-airbase-in-afghanistan-9071816

Image from the original article. Source: India rejects China's 'preposterous' attempts to rename places in Arunachal Pradesh
thehindu.com/news/national/india-rejects-chinas-preposterous-attempts-to-rename-places-in-arunachal-pradesh/article69574014.ece

Key FactsIndia Rejects China's Naming of Arunachal Pradesh Locations
8h · Reading time: ~45 sec.
Summary created with AI assistance · Source: thewire.in
Summary created with AI assistance · Source: thewire.in
- India firmly rejected China's attempt to assign new names to locations in Arunachal Pradesh.
- China's Ministry of Civil Affairs recently released a fifth batch of standardized geographical names for the region.
- Randhir Jaiswal, spokesperson for India's Ministry of External Affairs, stated that such creative naming does not change Arunachal Pradesh's integral status within India.
- In response, China's Foreign Ministry reaffirmed its claim that the area, referred to as 'Zangnan,' is part of Chinese territory.
"Creative naming will not alter the undeniable reality that Arunachal Pradesh was, is, and will always remain an integral and inalienable part of India."— Randhir Jaiswal, spokesperson for the Ministry of External Affairs of India, responding to China's naming attempt.
Pam Bondi Sold Over $1M in Shares The Same Day Trump Tariffs Were Announced: The Attorney General sold between $1 million and $5 million worth of shares on April ...
newsweek.com/pam-bondi-sold-shares-trump-media-same-day-tariffs-announced-2072543

Image from the original article. Source: Boeing wins major Qatar deal as Donald Trump strengthens Gulf ties: Boeing’s shares surged to the highest level in nearly 13 months after the US aerospace ...
euronews.com/business/2025/05/15/boeing-secures-landmark-deal-with-qatar-airways-as-trump-deepens-gulf-ties

Key FactsBoeing Secures Record Deal with Qatar Airways
20h · Reading time: ~45 sec.
Summary created with AI assistance · Source: bloomberg.com
Summary created with AI assistance · Source: bloomberg.com
- Boeing has secured a record order for up to 210 aircraft from Qatar Airways, including 130 787 Dreamliners and 30 777X models.
- The agreement, signed in the presence of President Trump, is valued at approximately $96 billion.
- CEO Kelly Ortberg, who returned after a corporate crisis, sees this deal as a sign of Boeing's recovery and support for U.S. jobs.
- This order reinforces the relationship between Qatar Airways and Boeing, as the company meets the rising demand for long-haul aircraft post-pandemic.
"Boeing is starting to recapture operational momentum after an extended strike and door-plug blowout hamstrung performance last year for its more than $50 billion of bonds."— Matthew Geudtner, a Bloomberg Intelligence credit analyst, discussing Boeing's recovery.
Strong Chinese demand pushes global EV sales to 20 per cent of market share: The headline numbers show another strong year of electric vehicle sales ...
abc.net.au/news/2025-05-15/electric-vehicle-sales-hit-new-highs-on-chinese-demand/105293668
Pauses, tweaks and can-kicking are new trade norms: podcast: The US inked a deal with the UK and agreed to freeze triple-digit tariffs on China ...
reuters.com/podcasts/pauses-tweaks-can-kicking-are-new-trade-norms-podcast-2025-05-15/
Starbucks said to start stake sale for China business, Bloomberg News reports: Starbucks has reached out to private equity firms, technology companies and others ...
reuters.com/world/china/starbucks-said-start-stake-sale-china-business-bloomberg-news-reports-2025-05-15/
Cyril Ramaphosa to visit US next week to meet Donald Trump, presidency confirms: The US is South Africa's second-largest bilateral trading partner after ...
timeslive.co.za/politics/2025-05-15-cyril-ramaphosa-to-visit-us-next-week-to-meet-donald-trump-presidency-confirms/
Commentary: US and China struck a tariff truce – it’s far from a trade deal: There’s an irony to claiming victory in a trade war that yields no winners ...
channelnewsasia.com/commentary/us-china-trade-war-trump-tariffs-truce-deal-winner-5129316

When Trade Wars Become Shooting Wars: How Tariffs Destabilize an Already Dangerous World
foreignaffairs.com/world/when-trade-wars-become-shooting-wars

US inflation is the calm before Trump’s tariff storm: The US inflation rate was edging towards the Federal Reserve’s target range. Then Donald Trump launched his ...
smh.com.au/business/the-economy/us-inflation-is-the-calm-before-trump-s-tariff-storm-20250514-p5lz0f.html
China, Colombia sign Belt and Road cooperation pact: China and Colombia have signed a joint cooperation plan on the Belt and Road Initiative ...
reuters.com/world/china-colombia-sign-belt-road-cooperation-pact-2025-05-14/
Xiaomi's new EV orders slump in China as consumer backlash grows: China's Xiaomi is seeing a slump in new orders for its SU7 electric sedan ...
reuters.com/business/finance/xiaomis-new-ev-orders-slump-china-consumer-backlash-grows-2025-05-14/
India claims military superiority over Pakistan despite Islamabad’s Chinese arms: New Delhi says Indian Air Force strikes successfully ‘bypassed and jammed ...
scmp.com/news/asia/south-asia/article/3310375/india-claims-military-superiority-over-pakistan-despite-islamabads-chinese-arms


Image from the original article. Source: Trump’s new chip policy puts spotlight on Huawei’s secretive Ascend AI chips: Huawei’s significance in China’s AI sector stems from its ability to produce ...
scmp.com/tech/big-tech/article/3310347/tech-war-trumps-new-chip-policy-puts-spotlight-huaweis-secretive-ascend-ai-chips

Key FactsUS Enforces Global Ban on Huawei AI Chips
May 14 · Reading time: ~30 sec.
Summary created with AI assistance · Source: asia.nikkei.com
Summary created with AI assistance · Source: asia.nikkei.com
- The U.S. government is imposing a global ban on the use of Huawei's AI chips.
- This action comes despite a recent easing of tensions in the tariff conflict between Washington and Beijing.
- The Bureau of Industry and Security (BIS) issued new guidelines regarding chips for artificial intelligence.
- Using Huawei's Ascend chips without a license is deemed a violation of U.S. export control regulations.
Nestlé bets biggest in brand giants’ tariff casino: Faced with President Donald Trump’s tariffs, business leaders have a variant of the same dilemma ...
reuters.com/breakingviews/nestl-bets-biggest-brand-giants-tariff-casino-2025-05-15/
Fear of sabotage: US investigators apparently find suspicious radio modules from China in solar installations
spiegel.de/wirtschaft/solar-wechselrichter-aus-china-verdaechtige-funkmodule-in-us-solaranlagen-entdeckt-a-f28a1117-33af-451a-9d09-6f878fcc5c27

Image from the original article. Source: China trade deal sparks "demand shock" fears: Demand shock may be just as bad for supply chains as the trade war.
axios.com/2025/05/14/china-trade-deal-trump-tariffs-inflation

Key FactsWBD Renames Streaming Service to HBO Max
21h · Reading time: ~45 sec.
Summary created with AI assistance · Source: axios.com
Summary created with AI assistance · Source: axios.com
- The entity behind the streaming service is set to rename it from "Max" to "HBO Max" this summer, emphasizing a commitment to premium programming.
- This name change follows a recent update in Max's visual design that aligns it more closely with HBO's branding.
- The rebranding effort is part of a long history of identity transformations that HBO has undergone under various owners.
- The platform achieved profitability in 2024 and aims to exceed 150 million subscribers by the close of 2026.
"With the course we are on and strong momentum we are enjoying, we believe HBO Max far better represents our current consumer proposition. And it clearly states our implicit promise to deliver content that is recognized as unique and, to steal a line we always said at HBO, worth paying for."— Casey Bloys, chairman and CEO of HBO and Max Content, about the renaming of Max to HBO Max.
APEC warns of tariff impact on trade as China, US trade reps meet: The 21-member Asia-Pacific Economic Cooperation bloc projected exports in the region would ...
reuters.com/world/china/apec-warns-us-tariff-impact-trade-members-seek-deals-with-us-2025-05-15/
China using Pakistan to test military tech — should worry the West: China was likely watching the Pakistan-India clashes with strong interest ...
businessinsider.com/china-using-pakistan-test-military-tech-india-should-worry-west-2025-5
Image from the original article. Source: China criticises UK trade deal with US, FT reports: China has criticised a trade deal between the United Kingdom and the United States that could be used to ...
reuters.com/markets/emerging/china-criticises-uk-trade-deal-with-us-ft-reports-2025-05-13/
Key FactsChina Critiques UK-US Trade Agreement
May 14 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- China has criticized the trade agreement between the United Kingdom and the United States.
- The deal may lead to the exclusion of Chinese products from British supply chains.
- China emphasized that agreements between countries should not target other nations.
- The Chinese foreign ministry stated that cooperation should not be detrimental to third parties.
"Co-operation between states should not be conducted against or to the detriment of the interests of third parties."— China's foreign ministry commented on the trade deal between the United Kingdom and the United States.
Rafale vs J-10C: Fighter jets steal spotlight in India-Pakistan clash: The recent sparks of war between India and Pakistan, apart from the long-standing Kashmir ...
dailysabah.com/business/defense/rafale-vs-j-10c-fighter-jets-steal-spotlight-in-india-pakistan-clash

Japan to recognize Taiwan as place of origin in family registration system: Residents of Taiwanese descent in Japan and their support groups have welcomed the ...
japantimes.co.jp/news/2025/05/14/japan/taiwan-place-of-origin-family-register/

Pam Bondi Sold Trump Media Stock the Day Trump Announced Tariffs: Disclosure forms show that Bondi sold between $1 million and $5 million worth of shares on ...
propublica.org/article/pam-bondi-trump-media-stock-tariffs

Rio Tinto exec doubts tariffs will move aluminum production to US: TOKYO -- An executive at global mining giant Rio Tinto has cast doubt on whether U.S ...
asia.nikkei.com/Business/Markets/Commodities/Rio-Tinto-exec-doubts-tariffs-will-move-aluminum-production-to-US

Bookings for cargo shipping spiked this week — but it might not last: Container-tracking software provider Vizion said on Wednesday that US-China container ...
businessinsider.com/container-cargo-shipping-bookings-spiked-after-us-china-tariff-truce-2025-5
Image from the original article. Source: India-Pakistan Military Crisis: A Testing Ground for Chinese Military Hardware : Clashes between the regional rivals marked the first use in combat of several ...
thediplomat.com/2025/05/india-pakistan-military-crisis-a-testing-ground-for-chinese-military-hardware/
Key FactsIndia-Pakistan Conflict: Testing Ground for Chinese Military Technology
May 13 · Reading time: ~30 sec.
Summary created with AI assistance · Source: thediplomat.com
Summary created with AI assistance · Source: thediplomat.com
- Recent clashes between India and Pakistan marked the first combat use of several Chinese weapon systems.
- Pakistan effectively deployed Chinese combat aircraft and air defense systems, highlighting its growing reliance on Chinese military technology.
- The success of these systems could enhance China's military capabilities on the global stage and alleviate concerns regarding their combat effectiveness.
- China's military support positions Pakistan as a strategic ally in South Asia while showcasing the technological superiority of Chinese defense products.
Image from the original article. Source: Emotional speech in Cannes: Robert De Niro rages against Trump: At this year's Cannes Film Festival, US actor Robert De Niro receives the Palme d'Honneur for his ...
n-tv.de/mediathek/videos/unterhaltung/Robert-De-Niro-wettert-gegen-Trump-article25766114.html

Key FactsDe Niro Critiques Trump at Cannes Film Festival
May 14 · Reading time: ~45 sec.
Summary created with AI assistance · Source: usatoday.com
Summary created with AI assistance · Source: usatoday.com
- Robert De Niro attended the Cannes Film Festival with partner Tiffany Chen, where he received the Honorary Palme d'Or.
- In his acceptance speech, De Niro criticized President Donald Trump for the proposed 100% tariff on foreign films, calling him a 'philistine'.
- He urged everyone who cares about freedom to protest against Trump, while the specifics of the tariffs remained uncertain.
- The festival takes place amid concerns in Hollywood over declining audiences and the threat of U.S. tariffs.
You can't put a price on creativity, but apparently, you can put a tariff on it.— Robert De Niro criticized Donald Trump during his acceptance speech at the Cannes Film Festival.
Colombia signs up to China's Belt and Road Initiative: Colombia has joined the long list of Latin American countries that have signed up to China's key ...
dw.com/en/colombia-signs-up-to-chinas-belt-and-road-initiative/a-72534659

Tencent says resilient to US chip curbs after revenues rise: Tencent Holdings' stockpiles of AI chips should protect it from U.S. restrictions ...
reuters.com/world/china/chinas-tencent-first-quarter-revenue-rise-13-exceeds-estimates-2025-05-14/
Chinese e-commerce sites offer discounts of up to $351 on Apple's latest iPhones: Chinese e-commerce platforms are offering discounts of up to 2 ...
reuters.com/world/china/chinese-e-commerce-sites-offer-discounts-up-351-apples-latest-iphones-2025-05-14/
New Silk Road: Colombia joins China's investment offensive: China has been financing infrastructure projects such as ports, railway lines ...
berliner-zeitung.de/news/neue-seidenstrasse-kolumbien-tritt-chinas-investitionsoffensive-bei-li.2324836

Gold falls as US-China trade truce dims safe-haven appeal: Gold prices fell on Wednesday as easing U.S.-China trade tensions soothed fears of a potential global ...
reuters.com/markets/commodities/easing-us-china-trade-tensions-send-gold-lower-safe-haven-demand-weakens-2025-05-14/
Image from the original article. Source: Exclusive: Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US, source says
reuters.com/business/autos-transportation/tesla-resume-shipping-chinese-parts-cybercab-semi-production-us-source-says-2025-05-14/
Key FactsTesla Resumes Shipping Chinese Parts for Production
May 14 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- Tesla plans to resume shipping components from China for Cybercab and Semi truck production to the U.S. by the end of May following a trade truce between the two nations.
- However, the situation remains uncertain due to potential unpredictability from the U.S. government.
- The company aims to begin trial production in October and start mass production by 2026.
- Tariffs intended to support U.S. manufacturing have adversely affected Tesla and its CEO Elon Musk, who advocates for free trade.
Monica has tens of thousands of dolls stuck in a warehouse. Now she’s got 90 days to clear them
smh.com.au/world/asia/trump-said-kids-should-only-get-two-dolls-but-monica-is-ready-to-save-christmas-20250514-p5lz2y.html
From warships to robot battle dogs: Cambodia, China begin largest-ever military drills
hongkongfp.com/2025/05/14/from-warships-to-robot-battle-dogs-cambodia-china-begin-largest-ever-military-drills/

Image from the original article. Source: Trump's tariff blitz yields deals but misses global trade fix: Diplomats with the European Union are still waiting for in-depth negotiations to begin ...
reuters.com/world/china/trumps-tariff-blitz-yields-deals-misses-global-trade-fix-2025-05-13/
Key FactsTrump's Tariff Strategy: Achievements and Challenges
May 13 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The U.S.-China tariff truce has initially boosted global stock prices but fails to address longstanding concerns about China's economic model.
- The Trump administration faces challenges in conducting complex negotiations with China and other countries within a tight timeframe.
- Experts doubt substantial agreements with China can be reached in the next 90 days, while compliance with past commitments remains questionable.
- Long-term solutions are essential to resolve deep trade differences between the U.S. and China, but time is limited and uncertainty persists.
"What we really need is more consistency. U.S. companies need to be able to plan instead of scramble to reroute supply chains, which can be difficult to do quickly. And American families are quite spooked by the impact these and other tariffs are going to have on their pocketbook."— Miriam Sapiro, a nonresident fellow at the Center for Strategic and International Studies and former acting USTR chief under then-President Barack Obama.
Image from the original article. Source: Inflation cooled again even as some tariffs took effect. But economists don't expect that to last
postandcourier.com/inflation-cooled-again-even-as-some-tariffs-took-effect-but-economists-dont-expect-that-to/article_73df16a7-d235-4c85-a9e7-35be731f2592.html

Key FactsInflation Drops Amid Tariffs, Future Increases Anticipated
May 13 · Reading time: ~45 sec.
Summary created with AI assistance · Source: apnews.com
Summary created with AI assistance · Source: apnews.com
- Inflation decreased to 2.3% in April, marking the smallest rise in over four years.
- Despite a 0.4% drop in grocery prices, new tariffs are expected to lead to inflation increases in the coming months.
- Some companies have already announced price hikes, and tariffs on Chinese goods are likely to raise costs further.
- Economists predict tariffs will increase inflation by 1.7%, raising average household expenses by approximately $2,800 this year.
We’re not out of the inflationary cost woods yet.— Matt Priest, president and CEO of the Footwear Distributors and Retailers of America, commented on the ongoing impact of tariffs on costs and pricing.
WTO chief warns US bilateral tariff deals could put trade principle at risk: Comments from Ngozi Okonjo-Iweala highlight concern that pacts may undermine ‘most ...
ft.com/content/7cbb5b9a-97d7-4c2b-8a20-28cf96d6644b
US Congress will be reluctant trade war spoiler: Donald Trump may have temporarily paused his trade war with China and other countries ...
reuters.com/breakingviews/us-congress-will-be-reluctant-trade-war-spoiler-2025-05-14/
China's CATL set to price shares at HK$263 each in $4.6 billion Hong Kong listing, sources say
reuters.com/world/china/chinas-catl-set-price-shares-hk263-each-hong-kong-listing-sources-say-2025-05-14/
China paves path for South America’s break from US: South America’s largest trading bloc, Mercosur (Brazil, Argentina, Uruguay, Paraguay) ...
asiatimes.com/2025/05/china-paves-path-for-south-americas-break-from-us/

Mission completed in 23 minutes: IAF bypassed, jammed Pakistan’s Chinese air defence systems - New details of Op Sindoor
livemint.com/news/new-details-on-operation-sindoor-iaf-bypassed-and-jammed-pakistan-s-chinese-air-defence-systems-mission-done-in-23-min-11747233731693.html

Exclusive: Ketchup maker Kraft Heinz investing $3 billion upgrading US manufacturing
reuters.com/business/ketchup-maker-kraft-heinz-investing-3-billion-upgrading-us-manufacturing-2025-05-14/
Honda Says U.S. Tariffs Will Erase $4 Billion From Profits: The Japanese automaker will also postpone major investments in Canada due to slowing EV growth.
trib.al/9nUHaH7

Sony sees momentum in games and film despite Trump tariffs: TOKYO -- Sony Group announced on Wednesday that it expects operating income to increase slightly in ...
asia.nikkei.com/Business/Media-Entertainment/Sony-sees-momentum-in-games-and-film-despite-Trump-tariffs

Robert De Niro calls for protest against ‘philistine’ Trump as Cannes opens: Hollywood icon Robert De Niro lambasted “philistine” US President Donald Trump on ...
timeslive.co.za/lifestyle/2025-05-14-robert-de-niro-calls-for-protest-against-philistine-trump-as-cannes-opens/

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Image from the original article. Source: China courts Latin America amid US tariff chaos: While Washington has tightened trade restrictions against some Latin American countries ...
dw.com/en/china-courts-latin-america-amid-us-tariff-chaos/a-72520813

Key FactsChina's Rapid Influence in Latin America
May 14 · Reading time: ~45 sec.
Summary created with AI assistance · Source: dw.com
Summary created with AI assistance · Source: dw.com
- Brazil is planning a significant rail link to Peru's Chancay megaport, funded by China, to reshape trade routes.
- Chinese President Xi Jinping offered billions in credit to strengthen ties with Latin America and the Caribbean amid US trade policy uncertainty.
- Experts highlight that China's long-term strategies make it a more reliable partner for Latin America compared to unpredictable US policies.
- Trade relations between China and Latin America have significantly improved in recent decades, leading to a growing Chinese influence in the region.
"The US government sees Latin America as a problem. The Chinese government sees it as a region full of economic opportunities."— Mauricio Santoro, a Brazilian political scientist, speaking to DW.
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