US markets fall on open day after Trump backs down on tariff hike
Summary
US stocks open down after earlier gains in the European and Asian markets
The EU puts retaliatory tariffs against the US on hold, after Donald Trump pauses tariff hikes for 90 days
His universal 10% levy for all countries, except China, remains in place - as does the 25% rate for all aluminium, steel, and cars entering the US
The Trump administration is close to signing deals with America's trading partners, White House economic adviser Kevin Hassett says
The trade war between Beijing and Washington deepens, as Trump imposes 125% tariffs on Chinese goods and China retaliates with 84% levies
"What a day, but more great days coming," Trump says early on Thursday. Our North America correspondent analyses his retreat from an all-out global trade war
Will iPhones cost more because of China tariffs?
Donald Trump's 125% tariff on Chinese goods could impact the cost of an iPhone, given that as many as 80% of Apple devices bound for the US are made in the China, according to Counterpoint Research.
Some analysts say that if costs incurred by tariffs are passed onto consumers, iPhone prices in the US could rise by hundreds of dollars.
‘Do you want to show strength here?’: Russia’s ads recruiting Chinese mercenaries
More than 150 Chinese nationals are fighting for Russia in Ukraine, Volodymyr Zelenskyy has said, recruited via videos on social media
Thu 10 Apr 2025 15.07 BST
The videos are across Chinese social media. Some are slickly produced Russian propaganda about being “tough” men; some sound more like influencer advertisements for a working holiday. Others are cobbled-together screenshots by regular citizens about to leave China. But they all have one thing in common: selling the benefits of becoming a Chinese mercenary for Russia.
On Tuesday, the Ukrainian president, Volodymyr Zelenskyy, announced that two Chinese nationals had been captured in the eastern Donetsk region and accused Moscow of trying to involve China “directly or indirectly” in the conflict. A day later, he said the men were among at least 155 other Chinese members of Russia’s armed forces. Then again, on Thursday, he accused Russia of conducting “systemic work” in China to recruit fighters.
Activists accuse UK govt of developing ‘Minority Report‘-style tool to predict likely murderers
Imagine an algorithm that predicts whether an individual is likely to become a murderer. That is precisely what a civil rights group is accusing the British government of developing. According to the group, the ministry of justice is running a “secret” project based on troves of personal data to predict would-be killers.
It is a plot so futuristic it could have been taken straight out of the 2002 sci-fi movie "Minority Report". In a March 31 publication first picked up by The Guardian, the UK-based civil rights group Statewatch stated that, for the past two years, a team of researchers have been tasked by the government to develop a “murder prediction” algorithm.
According to official documents obtained by the group and published on its website, the research project, which was initially dubbed the “Homicide Prediction Project” but later changed its name to “Sharing Data to Improve Risk Assessment” (SDIRA), is based on between 100,000–500,000 records primarily containing personal data of convicted offenders, but also victims and witnesses of crime.
Japan considers cash handouts to counter rising costs, U.S. tariffs
THE ASAHI SHIMBUN
April 10, 2025 at 14:01 JST
The government plans to provide cash handouts, likely 50,000 yen ($344) per person, to ease the burden of the higher cost of living and cushion the impact of U.S. tariffs.
Prime Minister Shigeru Ishiba intends to soon instruct the government to compile a package of emergency economic measures for inclusion in a supplementary budget for fiscal 2025, senior government officials said April 9.
Ishiba, who has described the new U.S. tariffs as a “national crisis,” concluded that a swift government response is necessary as prices of goods and services continue to rise.
'Choosing who to fight'
Ecuador’s Indigenous movement splinters over presidential election support
Every Thursday, the Indigenous market in the Ecuadorian town of Saquisili buzzes with crowds from across the province of Cotopaxi and beyond. Women in felt hats and men in weathered ponchos barter over alpaca scarves and clay pots amid the aroma of slow-cooked stew.
But in recent weeks, campaign posters have appeared among the stalls.
As the run-off in Ecuador’s presidential race approaches on April 13, the final two candidates are attempting to court one of the country’s key demographics: Indigenous voters.
Sudan accuses UAE of ‘support and complicity’ in genocide at World Court
Sudan has accused the United Arab Emirates at the United Nations’ top court of violating the Genocide Convention by supporting paramilitary forces in its Darfur region.
“A genocide is being committed against the ethnic group of the Massalit in the west of our country,” Sudan’s acting justice minister, Muawia Osman, told the International Court of Justice, also known as the World Court, on Thursday.
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