trade war

5 months ago

China’s Xi Congratulates Trump, Seeks Stable U.S. Relations

Chinese President Xi Jinping congratulated Donald Trump on his return to the U.S. presidency, urging both countries to find the “right way to get along” as the specter of renewed tariffs looms

wall-street-wobbles-as-trump-tariffs-hit-auto-sector

Markets

2 weeks ago

Wall Street Wobbles as Trump Tariffs Hit Auto Sector

Markets react to new auto import duties US stocks slipped on Thursday after President Trump pushed ahead with hefty new tariffs on auto imports, stoking concerns about a potential full-on trade war

Markets

4 weeks ago

Stocks Rebound as Tariff Fears Ease

Stocks rallied on Friday, recovering some of the week’s steep losses as investors got a break from tariff-related headlines. The Dow Jones Industrial Average rose 674.62 points, or 1.65%, to close at

Tariff Whiplash Hits Wall Street After Historic Rally

Just one day after a historic surge lifted investor spirits, Wall Street is once again reeling. Despite President Trump’s temporary rollback of certain “reciprocal” tariffs, the damage from previous trade policies is

1 day ago

Markets

Oil Prices Plunge to Four-Year Low Amid Escalating Trade War

Trade War Escalates, Oil and Other Commodities Hit Hard Oil prices tumbled to a four-year low as the escalating trade war between the U.S. and China weighed heavily on global energy demand.

2 days ago

Economy

Dollar Weakens as Trade War and Recession Fears Mount

U.S. Dollar and Yuan Hit Low as Trade War Escalates The U.S. dollar weakened against major currencies, including the yen and euro, as trade disputes triggered by President Donald Trump’s sweeping tariffs

3 days ago

Economy

US Stocks Whipsaw Amid Tariff Uncertainty and Trade Tensions

Chaotic Trading Session Reflects Market Turmoil U.S. stocks saw volatile swings on Monday, fluctuating between gains and losses in a chaotic trading session, as multiple headlines and uncertainties drove market reactions. The

4 days ago

Markets

US Labor Market Holds Steady Amid Growing Tariff Fears

Strong Job Gains in March, But Uncertainty Looms The U.S. labor market showed resilience in March, adding a better-than-expected 228,000 jobs and continuing a historic streak of job gains. However, the data,

1 week ago

Economy

Grassley Proposes Bill for Congressional Approval of Tariffs

New Bill Seeks Congressional Oversight on Tariffs On Thursday, Republican U.S. Senator Chuck Grassley introduced a bill that would require congressional approval for new tariffs, following President Donald Trump’s unveiling of sweeping

1 week ago

World

Target Pressures Chinese Suppliers Ahead of Tariffs

Retailer seeks cost sharing as new duties loom Target is reportedly asking some Chinese suppliers to absorb part of the costs tied to incoming U.S. tariffs, joining other major retailers like Costco

1 week ago

Business

Fed Officials Caution on Rates Amid Inflation Risks

Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy

1 week ago

Economy

Eurozone Inflation Eases, ECB Rate Cut Likely

March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the

1 week ago

Economy

China Manufacturing Expands Amid Trade War Fears

Stimulus boosts PMI but U.S. tariffs cast shadow China’s manufacturing activity expanded at its fastest pace in a year in March, with the official Purchasing Managers’ Index (PMI) rising to 50.5, signaling

2 weeks ago

World