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China Escalates Trade War

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USA TODAY |
Donald Trump and China are engaged in a battle of tariffs. Here's why America could lose the international EV race in the process.
BBC |
Trump backed down from imposing worldwide higher-rate tariffs, or taxes on imports.
BBC |
In the days following Donald Trump's initial announcement of sweeping tariffs, stock markets across the world plummeted.

Read more on News Digest

Make America gas again: How Trump's trade war with China impacts the global EV race
Donald Trump and China are engaged in a battle of tariffs. Here's why America could lose the international EV race in the process.
Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China
President Donald Trump's administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the United States for the first time. But that's an unlikely scenario even with U.
China Has Readied a Trade-War Arsenal That Takes Aim at U.S. Companies
Beijing’s strategy to hit back at President Trump goes well beyond tariffs, targeting companies who bank on their China ties.
Trump allies relieved by tariffs U-turn
US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed down from imposing worldwide higher-rate tariffs,
China primes rare earths weapon as trade war escalates
As U.S. President Donald Trump turns up the tariff heat on China, Beijing is targeting ever more of the United States' critical material supply chains.
Trump Backed Down on Tariffs
Just hours after President Trump imposed steep tariffs on dozens of America’s trading partners, he reversed course. The president announced this afternoon that nearly all of his so-called reciprocal tariffs would be paused for 90 days.
European markets rally after Trump's tariffs paused
The UK's FTSE 100 is up 6%, but Donald Trump's universal 10% levy for all countries, except China, remains in place.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
New Trump Tariffs Imposed With Over 100% on China
The Trump administration is imposing increased tariffs on China after the deadline passed for the country to lift retaliatory tariffs, which were levied in response to President Donald Trump 's tariffs.
China and EU discuss trade, to resume EV talks
China's commerce minister had talks with the European trade and economic security commissioner Maros Sefcovic on Tuesday via a video call, the Chinese ministry said. Both sides will immediately carry out negotiations on electric vehicle price commitments,
OilPrice.com54m
Trump Tariffs Fuel China's Electric Vehicle Expansion in Central Asia
Chinese electric vehicles are rapidly gaining dominance in Central Asia due to affordability, government incentives, and global trade shifts, reshaping the region's transportation and economies.
Electrek9d
Rivian’s CEO explains why China is leading the EV shift and how the US can catch up
China is dominating the global EV market, and according to Rivian’s (RIVN) CEO RJ Scaringe, this didn’t happen by
Volkswagen's EV sales rise in Europe, plunge in China
Volkswagen Group's sales of battery-electric cars more than doubled in Europe in the first quarter but fell by over a third in China, data showed on Wednesday, in a sign of the automaker's diverging fortunes in the electric car market.
Volkswagen overcomes China EV slump by doubling European sales
The rises in Europe and the US took the EV share of VW ’s vehicle sales in the quarter up to 10 per cent, from 6 per cent in the same quarter last year, despite a 37 per cent fall in sales of the vehicle type in China. EVs accounted for 158,100 of the group’s sales in Europe, 17 per cent of the total.
Electrek1d
BYD’s low-cost Seagull EV now starts at under $8,000 in China
BYD’s cheapest EV in China just got even more affordable. After cutting prices this month, the BYD Seagull EV starts at just 56,800 yuan, or under $8,000.
Nio Stock: The EV Darling That Still Can’t Deliver Profits
At first glance, 2025 looked like it might be Nio’s year. Chinese stocks were flying, Trump’s new tariffs had some investors eyeing China as a
Why some EV researchers are skeptical of BYD's fast charging tech
Increasingly dominant Chinese EV maker BYD’s new 5-minute EV charging technology might be a breakthrough. But experts say there’s reason to temper enthusiasm.
Top Speed on MSN2d
China Hits Back: How Tariffs Will Impact EVs
China's very targeted retaliation against the Trump tariffs will hurt Tesla but also Apple and the U.S. military
EV maker Polestar bids to lure disgruntled Tesla owners with discounts
Polestar is offering discounts of up to $20,000 towards a lease of its Polestar 3 vehicle for current Tesla owners in the United States, as the Swedish EV maker targets drivers shunning CEO Elon Musk's car brand.
China's EV battery titan is coming for Europe
CATL is expanding in Europe — and the recent collapse of Northvolt, the Swedish battery maker that burnt through $15 billion, could smooth its path.
The cheapest Toyota EV just went on sale for under $20,000, but good luck getting it
Above those, no new vehicle starts at under $20,000, with the next cheapest being the 2025 Chevrolet Trax at $21,495. If Toyota could find a way to bring over the bZ3X or something like it, it could be a huge win, but pulling off such a cheap price outside of the Chinese market would be nearly impossible.
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