Hanging over the proceedings is the countdown to July 8, when the US is poised to slam its allies with “reciprocal” tariffs.
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Some investors warn that Moody’s and other agencies have understated the risks posed by the US government’s finances.
Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.
Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.
US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.
Japan remains in position to be one of the big winners from President Trump’s trade war, even with a temporary China truce in place.
The US and China shocked the world in announcing a 90 day trade truce, turning weeks of uncertainty into a day of optimism.
Some enterprising Chinese exporters have found ways to get around tariffs amid the standoff between Washington and Beijing.
US Treasurys have long been safe havens during financial market upheaval. President Trump’s sweeping import tariffs made them more volatile.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
A trace of optimism has emerged as US and Chinese representatives will meet in Switzerland over the weekend to talk tariffs.
Treasury Secretary Scott Bessent laid out how he believes trade policy, tax cuts and deregulation will bolster US economic growth.
A stronger than expected jobs report was the latest economic measurement to reveal a chasm between so-called hard and soft data points.
While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.
Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.
The biggest factor behind the slip in first-quarter GDP was Trump’s will-he-or-won’t-he, start-and-stop trade war.