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      China Condemns JD Vance’s ‘Chinese Peasants’ Comment

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      Beijing has denounced Vice President JD Vance’s rhetoric as “ignorant” after he said the United States was borrowing money from “Chinese peasants” in a television interview last week.“China’s position on Sino-U.S. economic and trade relations has been made very clear,” said Lin Jian, a spokesman for China’s foreign ministry, during a news conference on Tuesday. “It is surprising and sad to hear the vice president say such ignorant and impolite words.”China has remained defiant in the face of the Trump administration’s tariffs and the latest threat from President Trump of an additional 50 percent tariff on Chinese goods unless Beijing reverses its retaliatory levies on U.S. imports. China’s Ministry of Commerce on Tuesday accused the United States of “blackmail,” and said that Beijing would “fight to the end.”In an interview with Fox News last week, Mr. Vance defended the Trump administration’s sweeping global tariffs, asking what the “globalist economy” has given the United States.Answering his own question, Mr. Vance said America was “incurring a huge amount of debt to buy things that other countries make” for its market. “We borrow money from Chinese peasants to buy the things those Chinese peasants manufacture,” he said.Mr. Trump’s new policies, condemned by many international leaders, have wrought havoc on financial markets and spurred experts to issue warnings about inflation.The spiraling trade war between the two countries is poised to be costly to Americans, who last year purchased $440 billion of goods from China, making the country the second-largest source of imports after Mexico.Gillian Wong More

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      China Accuses U.S. of Blackmail After Trump Threatens More Tariffs

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      The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”China lashed out at the United States on Tuesday after President Trump demanded that Beijing rescind its retaliatory tariffs or face an additional 50 percent U.S. levy, calling his threat “blackmail,” as tensions between the two major powers rose.The Ministry of Commerce, without referring to the American president by name, said that Beijing had noted that the United States had threatened to impose a further 50 percent tariff on China. It said that Beijing would take countermeasures to safeguard its interests.“The U.S. threat to escalate tariffs on China is a mistake on top of a mistake, which once again exposes the blackmail nature of the United States,” the ministry’s statement said. “China will never accept it. If the United States insists on its own way, China will fight to the end.”China had announced last week that it would match Mr. Trump’s tariffs by imposing a retaliatory 34 percent tax on imports from America. The latest escalation that Mr. Trump described on Monday, if imposed, could bring the U.S. tariff on Chinese goods to 104 percent. For some products, though, the rate is likely to be much higher because of levies that date back to Mr. Trump’s first term. Mr. Trump also threatened to halt any further negotiations.American consumers last year bought $440 billion of goods from China, making it the second-largest source of U.S. imports after Mexico. Taken together, it could prove costly for American importers bringing in clothing, cellphones, chemicals and machinery from China.China said that the United States should cancel all unilateral tariffs against China, “stop suppressing China’s economy and trade, and properly resolve differences with China through equal dialogue on the basis of mutual respect.”China has been trying for months to engage in high-level talks with the Trump administration to try to lay the ground for a potential summit between Mr. Trump and China’s top leader, Xi Jinping. But despite Mr. Trump saying earlier this year that he was open to engaging with Mr. Xi, Beijing has struggled to receive much of a response from the White House.Berry Wang More

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      What Is a Bear Market? Are We in One?

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      President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Monday entered bear market territory for the first time since 2022.Mr. Trump has seemed unmoved by the decline. He signaled on Monday that he had no plans to back off on tariffs, insisting that they would bring in “billions of dollars” in revenue and that other countries had been “abusing” the United States with their trade policies.Here is what to know about a bear market.What is a bear market?A bear market is a Wall Street term for a sustained market downturn, when a stock index falls 20 percent from its last peak.The 20 percent threshold signals investor pessimism about the future of the economy.Are we in a bear market now?The S&P 500, the benchmark U.S. stock index, opened lower on Monday. The index was already down 17.4 percent from its last high, on Feb. 19, and if it closes Monday’s trading with a loss of at least 3.1 percent, that would tip it into a bear market.Analysts at Morgan Stanley have warned that an even steeper drop is possible. Goldman Sachs on Monday slashed its forecast for economic growth, citing a growing risk of a U.S. recession next year.The Nasdaq Composite Index, as well as the Russell 2000 index of smaller companies that are more vulnerable to the economic outlook, are already in a bear market.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      A Second Child Dies of Measles in Texas

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      It is the second confirmed measles death in the U.S. in a decade. If the outbreak continues at the current pace, the nation may lose its “elimination” status.The measles crisis in West Texas has claimed the life of another child, the second death in an outbreak that has burned through the region and infected dozens of residents in bordering states.The 8-year-old girl died early Thursday morning of “measles pulmonary failure” at a hospital in Lubbock, Texas, according to records obtained by The New York Times. It is the second confirmed measles death in a decade in the United States.The first was an unvaccinated child who died in West Texas in February. Another unvaccinated person died in New Mexico after testing positive for measles, though officials have not yet confirmed that measles was the cause of death.A Trump administration official said on Saturday night that the girl’s cause of death is “still being looked at.” Since late January, when the outbreak began, West Texas has reported 480 cases of measles and 56 hospitalizations. The outbreak has also spread to bordering states, sickening 54 people in New Mexico and 10 in Oklahoma.If the virus continues to spread at this pace, the country risks losing its measles elimination status, a hard-fought victory earned in 2000. Public health officials in West Texas have predicted the outbreak will continue for a year.Robert F. Kennedy, the nation’s health secretary, has faced intense criticism for his handling of the outbreak. A prominent vaccine skeptic, he has offered muted support for vaccination and has emphasized untested treatments for measles, like cod liver oil.According to doctors in Texas, Mr. Kennedy’s endorsement of alternative treatments has contributed to patients delaying critical care and ingesting toxic levels of vitamin A.Experts also fear that the Trump administration’s recent decisions to dismantle international public health safeguards and pull funding from local health departments have made large, multistate outbreaks more likely.Measles is one of the most contagious pathogens. The virus can linger in the air for up to two hours after an infected person has left the room and spreads when a sick person breathes, coughs or sneezes.Within a week or two of being exposed, those who are infected may develop a high fever, cough, runny nose and red, watery eyes. Within a few days, a telltale rash breaks out as flat, red spots on the face and then spreads down the neck and torso to the rest of the body.In most cases, these symptoms resolve in a few weeks. But in rare cases, the virus causes pneumonia, making it difficult for patients, but especially children, to get oxygen into their lungs.It may also cause brain swelling, which can leave lasting problems, like blindness, deafness and intellectual disabilities.For every 1,000 children who get measles, one or two will die, according to the Centers for Disease Control and Prevention. The virus also harms the body’s immune defenses, leaving it vulnerable to other pathogens.Christina Jewett More

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      The Theories Behind the Trump Shock

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      There are two related theories of what Donald Trump’s dramatic revision of the global trade system is intended to accomplish.First, the goal is to revitalize American manufacturing, our capacity to build at home and export to the world. The global free trade system that took shape in the late 20th century served the American empire and American G.D.P. but at the expense of America’s earlier role as a manufacturing powerhouse — and because manufacturing jobs were such an important source of blue-collar male employment, at the expense of the working-class social fabric.Meanwhile, over time, our manufacturing base didn’t just move overseas, it moved into the territory of our greatest rival, the People’s Republic of China. So rebuilding industry in America has two potential benefits even if it sacrifices some of the efficiencies offered by global trade. Factory jobs fill a particular socioeconomic niche that’s been filled instead by drugs, decline, despair. And having a real manufacturing base is essential if we’re going to be locked into great power competition for decades to come.Under this theory, though, it would seem like tariffs would be most effectively deployed against China, countries in China’s immediate economic orbit, and developing countries that are natural zones for outsourcing. But the Trump administration has deployed them generally, against peer economies and allies. The policy seems much more sweeping than the goal, the potential damage to both growth and basic international comity too large to justify the upside.Which is where the second argument comes in — that this policy is about fiscal deficits, not just trade deficits and manufacturing. The same global system that made America a net importer also enabled us to borrow immense sums, but we are reaching the point where that borrowing cannot be sustained, where interest rates on the debt will crush our policymaking capacities even if there isn’t an overall flight from the dollar.Here tariffs serve several purposes. Most straightforwardly they generate revenue without striking the kind of grand bargain on Medicare and taxes that the two parties are just too polarized to make. (The only way a Republican president can preside over tax increases is to implement them unilaterally while insisting that they will fall mostly on foreigners.)We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Man Employs A.I. Avatar in Legal Appeal, and Judge Isn’t Amused

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      The use of a video persona created with artificial intelligence software to help make an argument earns a stern rebuke.Jerome Dewald sat with his legs crossed and his hands folded in his lap in front of an appellate panel of New York State judges, ready to argue for a reversal of a lower court’s decision in his dispute with a former employer.The court had allowed Mr. Dewald, who is not a lawyer and was representing himself, to accompany his argument with a prerecorded video presentation.As the video began to play, it showed a man seemingly younger than Mr. Dewald’s 74 years wearing a blue collared shirt and a beige sweater and standing in front of what appeared to be a blurred virtual background.A few seconds into the video, one of the judges, confused by the image on the screen, asked Mr. Dewald if the man was his lawyer.“I generated that,” Mr. Dewald responded. “That is not a real person.”The judge, Justice Sallie Manzanet-Daniels of the Appellate Division’s First Judicial Department, paused for a moment. It was clear she was displeased with his answer.“It would have been nice to know that when you made your application,” she snapped at him.“I don’t appreciate being misled,” she added before yelling for someone to turn off the video.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Administration Sends Harvard a List of Demands to Protect Federal Funds

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      The Trump administration sent Harvard a list of demands on Thursday that would have to be met to end a government review of $9 billion the school receives in federal funding.The government announced the review earlier this week, which threatened to cancel all or some of the money as part of its campaign against what it views as unchecked antisemitism on campuses.The conditions largely follow the playbook the Trump administration used to force Columbia University to comply with its demands last month, after canceling $400 million of that school’s federal grants and contracts. In both instances, the government asked Harvard and Columbia to impose bans, with few exemptions, on masking.Pro-Palestinian students often used masks during protests against the war in Gaza to obscure their identities after many said they were harassed online when their personal information was revealed.The Trump administration also pressured the universities to intensify efforts to hold student groups “accountable,” cease admissions practices based on race, color or national origin and revamp policies on campus protests.Harvard would also be required to “commit to full cooperation” with the Department of Homeland Security, the agency that enforces immigration policies, including deportations.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More