Despite Trump’s ‘Deals,’ Trade War Is Still On
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“Cap-and-trade is one piece of the puzzle, but we cannot lose sight of the fact that what is fair and just, particularly for front line communities, is for polluters to make up for what they have done,” said Assemblymember Dawn Addis, author of AB 1243.
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.
A jury in Arkansas federal court found that Walmart owes technology startup Zest Labs more than $222 million following a retrial on allegations that Walmart stole its trade secrets for reducing food waste,
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.
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.
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The United States and China announced that tariffs against one another will be reduced for an initial 90-day period following trade talks in Switzerland.
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.
Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
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,
There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.
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.
A measure of foreign direct investment in Europe sank to a nine-year low in 2024, underscoring the continent’s struggle to lure business even before US President Donald Trump’s trade war darkened the economic outlook.