U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
Category: China
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Trump’s Tariffs Create Fear and Uncertainty at Vietnam’s Factories
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.
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Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
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For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
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Companies Are Raising Prices as Tariffs Hit
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
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How a U.S. Tax Loophole Supercharged China’s Exports
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.
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As a Tariff Loophole Closes, Sellers Who Import From China Brace for Chaos
Independent vendors who sell on sites like Etsy and eBay are trying to blunt the pain from tariffs on low-cost Chinese-made goods.
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Vietnam Used to Be a Safe Haven for Trade. Now It Might Not Be.
On the 50th anniversary of the end of the Vietnam War, U.S. companies that have come to rely on Vietnam’s factories, like Apple and Nike, are in a bind because of Trump’s tariffs.
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Chinese Factories Slow in Early Sign of Trade War’s Toll
A slowdown in commerce between the United States and China caused by escalating tariffs was evident in a report Wednesday on manufacturing activity in April.
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Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Profit fell 50 percent in the quarter, and the company said one reason was its hiring of additional workers to help its turnaround strategy.