Markets whipsawed further Friday in response to President Donald Trump’s latest comments on tariffs, with stocks briefly turning higher after he hinted that there may be “flexibility” in his plan to impose blanket tariffs on most U.S. trading partners next month before retreating back into the red.

China said it was ready for any “unexpected shocks”, ahead of US President Donald Trump imposing higher tariffs on the world’s second-biggest economy and rival superpower. Premier Li Qiang, responsible for the Chinese economy under leader Xi Jinping,

China announced that it was prepared for any unforeseen economic shocks as Trump’s tariff threats persisted. Premier Li told business leaders that China would choose the ‘correct path’ of globalisation and multilateralism despite rising uncertainty and instability.

Beijing is fostering the growth of China’s commercial space industry in a bid to narrow a space-race gap with the U.S.

The Department of Government Efficiency is shuttering organizations that Beijing worried about most, or actively sought to subvert.

President Donald Trump said Friday that Elon Musk should not be allowed to see top secret US plans for any war with China, in a rare admission that his billionaire