China’s Consumer Price Index (CPI) has fallen more than expected, adding to concerns of deflation. This comes as President Trump continues to pressure the European Union to impose 100% tariffs on China and India in an effort to squeeze Russian President Vladimir Putin. Meanwhile, Microsoft is set to power its Office 365 Copilot with anthropic models, while Oracle’s shares have jumped to a record high on the back of its strong cloud infrastructure outlook.

In other economic news, the UK Prime Minister has established a “budget board” to cement his grip on economic policy, and Minister Kyle has resumed talks with China seeking greater market access. The Supreme Court has temporarily allowed President Trump’s $4 billion foreign aid withholding, while Apple has launched its “skinny iPhone” despite tariff costs. Gold is holding just below record levels ahead of US CPI data, and Elliott Management has taken a 5% stake in Bill Holdings.

Alibaba, China’s e-commerce giant, has announced a $140 million subsidy plan to fuel the ongoing e-commerce war. In medical news, Johnson & Johnson’s “pretzel-shaped” device has been approved to treat bladder cancer.

Overall, these latest economic developments highlight the complex and ever-changing nature of global trade policies and their impact on various industries. As always, it is important to stay informed and adapt to changing market conditions in order to remain competitive.