News

Trump tariffs live updates: EU weighs 10% tariff deal to dodge US hikes after Trump's unilateral tariff threat
Brussels negotiators hope that by agreeing to a 10% US tariff on all European Union exports, they can avoid higher tariffs on ...
China gets boost in retail sales as export goods stay home, while tariffs hit factory output
China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of ...
He invented a viral watch-cleaning device. Then Trump's tariffs upended his business.
President Donald Trump’s April 10 announcement that he was raising tariffs on China to 145% left Anthony Mendoza shattered.
China Retail Sales Jump Most Since 2023 in Relief From Tariffs
China’s retail sales growth unexpectedly accelerated as the economy rode out the tariff rollercoaster in May, offering a ...
Busiest US seaport takes hit from 145% China tariffs, worries remain
By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May ...
China Market Update: Risk Off Night On Middle East Tensions & Trump Tariff Saber Rattling
Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s ...
Xi Plays Long Game on US-China Trade as Trump Seeks Quick Wins
While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a ...
Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says
With the post-pandemic surge in corporate profits, "margins have never been higher in the history of humankind," Jeff ...