Trade
Investment banks lift China growth outlook after surprise trade deal with U.S.
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]
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Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
Another surge in trade from China to the U.S. should be getting underway, according to retailers and logistics executives, as the initial trade deal struck by the U.S. and China leads importers to move forward with shipments during the 90-day pause on the steepest tariffs implemented by President Donald Trump. On Monday, the U.S. and […]
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Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump said Monday that China would “agreed to open” after the […]
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Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China
Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products. Though the U.S. “decoupling” itself from its need for cheap imports from China has been discussed for years, the process has been a slow one and unlikely to ever […]
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U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025. Valentin Flauraud | Afp | Getty Images The U.S. and China on Monday agreed to suspend most tariffs on each other’s goods in […]
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First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]
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Trump heads to the Middle East with oil, trade and nuclear ambitions on the table
US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017. Mandel Ngan | AFP | Getty Images DUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in the Persian Gulf region – or […]
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The U.S. and China are set for icebreaker trade talks. Here’s what to expect
Delegation officials arriving for the second bilateral meeting between U.S. Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou on April 6, 2024. Pedro Pardo | Afp | Getty Images The stakes are high for the U.S. and China’s icebreaker trade […]
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Pandora to Puma: Retailers warn tariffs will push up prices
A Puma sportswear store in central London on May 1, 2025. Bloomberg | Getty Images Household brands including Pandora, Puma and Hugo Boss all said this week that they are evaluating their pricing strategies in the U.S. and beyond in the event that President Donald Trump’s most punitive levies come into effect. Some others, meanwhile, […]
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Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay
President Donald Trump listens as Prime Minister Keir Starmer of Britain speaks to him on the speaker phone in the Oval Office at the White House on May 08, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears […]
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