Despite Trump’s ‘Deals,’ Trade War Is Still On
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The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China tariff truce give way to a cautious mood amid uncertainty over the shape of various trade deals, while the South Korean won steadied after sharp moves.
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.
China’s percentage of U.S. trade hit 7.65% in March, the latest government data available, the lowest figure since 2003. That was before Trump's April 2 "Liberation Day."
Indonesia's statistics bureau said it had changed the release schedule for monthly trade figures, and the publication of April trade data that was expected on Thursday will now be released on June 2.
Xi Jinping’s defiance against Donald Trump pays off with the dramatic tariffs reduction. Bloomberg reporters answer your questions on what lies ahead.
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The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year.
The S&P 500 wavered between gains and losses on Wednesday after a robust start to the week spurred by soft inflation data and the U.S.-China tariff truce, as investors watched for trade developments during Donald Trump's tour of the Gulf states.
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,
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 U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The lowered tariffs will remain in place for 90 days while the two sides negotiate a wider trade deal.
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,