China, Trump and Trade Deal
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Shipping companies rerouted their ships from China when tariffs were over 100%, and now it will take a while to get them back down.
President Donald Trump on Wednesday said in a Truth Social post that a “deal” with China has been completed. “Our deal with China is done,” Trump said in his all-caps social media post. Trump said both countries agreed to ease export restrictions,
2don MSN
The S&P 500 posted a 0.27% decline on Wednesday as investors weighed Trump’s scant-on-details trade deal with China as well as an inflation report that outperformed analysts’ expectations. The stock markets dropped on Wednesday despite a seemingly positive development in the trade war between the U.
The US and China agreed to a framework and implementation plan to ease trade tensions on Tuesday. “We have reached a framework to implement the Geneva consensus,” US Commerce Secretary Howard Lutnick said.
FT tech editor Murad Ahmed speaks to Patrick McGee, author of Apple in China: The Capture of the World's Greatest Company; Doug Guthrie, a former negotiator for Apple in Beijing; and FT tech correspondent Michael Acton about the complicated relationship between Cook and Trump.
As President Donald Trump’s tariff wars heat up, Virginia businesses and the industries that support them are feeling the burn.
US stocks open down after Trump raised tariff tensions by promising unilateral tariff rates within two weeks. Boeing shares fall after a deadly crash.
The dollar plunged on Thursday after US President Donald Trump threatened higher unilateral tariffs on trade partners, and oil see-sawed as traders evaluated the probability behind reports that Israel