Author: France 24

China has raised its tariffs on US goods to 125 percent in a further escalation of a trade war that threatens to bring exports to a halt between the world’s two biggest economies. In a sign of investors’ worries about the health of the US economy under President Trump’s erratic stewardship, the dollar fell to a three-year low against the euro and by 1.3 percent against the yen. Trump sent global financial markets into a tailspin by announcing historic tariffs on America’s trading partners on April 2, including a 10-percent baseline for all goods coming into the United States. After…

Our film critic Ben Croll takes Dheepthika Laurent through the films in competition for the Palme d’Or at the Cannes Film Festival next month. He also talks about Tom Cruise’s latest “Mission Impossible” film, which will premiere at the festival; Wes Anderson’s latest feature and Robert de Niro, who will receive an honorary award. In other news: we take you through the storied history of the Grand Rex cinema, which was recently voted the most beautiful in the world. Plus: Paris’s Fondation Louis Vuitton hosts the biggest retrospective ever dedicated to British icon David Hockney.

Retired France international Sébastien Chabal has said he cannot remember “a single second of a rugby match” he played in, becoming the latest former player to speak out about the sport’s potential consequences on health.

Hosts Lyon stole a 2-2 draw against Manchester United in the Europa League quarter-final first leg on Thursday after two massive errors by under-fire Manchester United goalkeeper Andre Onana, including a fumble deep into extra-time.

US stocks fell Thursday after a historic rally on Wednesday following President Donald Trump’s announcement of a 90-day pause on most tariffs. Bonds yields meanwhile cooled after the announcement. Wednesday’s boost has left some Democrats asking who benefitted from the market jump and have called for a probe into possible insider trading.

Israel’s Foreign Minister Gideon Saar has decried an announcement made by French President Emmanuel Macron that France could acknowledge a Palestinian state by June, saying it would be a “prize” for terrorism.  

Rami Malek trades his Bond villain persona for a vengeful mathematician in the Bourne-style thriller “The Amateur”. In arts24’s weekly film show, our critic Emma Jones reveals if the Oscar winner can pull off this surprising career pivot. Plus: reviews of a haunting Scandinavian Oscar nominee, “The Girl with the Needle”; the latest from religious phenomenon “The Chosen” and DreamWorks’ quirky “Dog Man” animation with Ricky Gervais.

Paris Saint-Germain fought back from a goal down to beat Aston Villa 3-1 at the Parc des Princes on Wednesday and move a step closer to consecutive Champions League semi-finals.

Less than 24 hours after his new, high tariffs on dozens of US trading partners took effect, Donald Trump announced a 90-day pause for all of them except China.  After Beijing announced retaliatory tariffs of 84% on US goods, Washington hiked its levy to 125%. Meanwhile, the 10% baseline global tariff that went into effect last week will remain in place. Wall Street stocks skyrocketed on the announcement, with the Nasdaq posting the best day since 2001, up 12%. 

Israeli aircraft struck a residential block in war-ravaged northern Gaza on Wednesday, killing at least 23 people, rescue workers said, adding that most of the victims were women or children. The Israeli military said the strike targeted a senior Hamas militant.