Despite Trump’s ‘Deals,’ Trade War Is Still On
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Dollar wavers on uncertainty over trade deals
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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.
The Golden State Warriors met their baseline goal for the 2024-25 NBA season: playing meaningful postseason games.
Now that the agreement between China and the U.S. has mitigated some of the most worrisome economic effects, the Federal Reserve's calculus on when to cut interest rates may change.
The EU is weighing a temporary return to its pre-war trade agreement with Ukraine if a renegotiated deal is not ready to take effect when war-related tariff suspensions expire on June 5, EU diplomats said on Wednesday.
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Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese officials announced that they had reached a deal to roll back most of their recen
There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
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.
The president and his team have backed down from their sharp rhetoric as they search for trade deals that could lower tariffs.