Trade truce with China is hailed
Digest more
Top News
Overview
Impacts
The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.
The Houston Texans "tried a couple of times to trade up for an offensive lineman" in the first round of the 2025 NFL draft, according to ESPN's Dan Graziano.
Wall Street's main indexes opened higher on Wednesday after the week's strong start, as soft inflation data and the U.S.-China tariff truce boosted sentiment, while Donald Trump's Gulf tour stoked expectations of additional trade agreements.
Often Mr. Trump’s new tariffs are layered on top of existing ones. In this case, the T-shirts were subject to a base tariff of 32 percent based on the value of the import. Many goods typically have a very low base tariff, but garments and other textile goods are subject to some of the highest tariffs.
China’s new loans slumped sharply and credit expanded at a slower pace than expected in April, as escalating trade tensions with the US harmed sentiment.
Explore more
20hon MSN
President Donald Trump is waging a trade war without getting approval from Congress: He declared a national emergency to slap import taxes — tariffs — on almost every country on earth.
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online shopping from Shein or Temu.
Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
Using the macroeconomic data as a foundation and considering recent developments in the tariff conflict, we propose two stress-test scenario assumptions.
Donald Trump may have temporarily paused his trade war with China and other countries. But the extreme economic uncertainty unleashed by the president’s tariffs still raises the question of what, if anything,