Friday, May 9, 2025, 2:20 am
In a striking display of mixed messaging, Chinese officials are sending opposing signals ahead of anticipated US trade negotiations. One side insists on unshakeable confidence in handling trade issues, while another action—shutting down economic data releases—hints at underlying panic, underscoring the nation’s perplexing stance amid escalating tensions.
Fear Of Economic Collapse Forced China To Negotiate With Trump, Quietly Reach Out First: Reuters Report Three weeks ago, when we first reported that as a result of the ongoing Trump trade war with China, "chinese factories are shutting down, laying off workers", we said that as a…
SMIC has begun to feel the effects of U.S. export controls on chipmaking tools, as disruptions from issues with maintenance and equipment installation led to yield losses and output shortfalls that will reduce its Q2 revenue by up to 6%.
Traders’ Guide to US Stocks Most Affected in China Trade Talks Bloomberg
Futures Gain Ahead Of US-China Trade Talks US equity futures traded modestly higher pointing to a third day of gains, until just before 730am ET when Trump decided to play bad cop to Scott Bessent's good cop and posted on Truth Social that "80% Tariff on China seems right!" but then…
Inside China's decision to come to the table on Trump tariffs Reuters
China reports bumper April exports ahead of crucial trade talks with US Financial Times
China says it has full confidence in ability to manage US trade issues Reuters
China Panics Ahead Of Trade-Talks, Shuts Down Its Economic Data Authored by Jeffrey Tucker via The Epoch Times, There is a social contract of sorts among all governments of the world to share economic data on prevailing conditions. Behind that practice is a collegial contest to see…
permalink / 8 stories from sources in 29 hours ago #china #tariffs #us
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
NASA abruptly scrapped plans to secure a commercial partner for its VIPER rover mission, leaving its lunar ambitions in a sort of orbiting limbo. The cancellation of the solicitation has caused a stir among space enthusiasts, as the high-profile project now faces an uncertain future—and a delayed lunar trip. More...
U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
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