A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.
Category: China
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Trump Has Added 145% Tariff to China, White House Clarifies
White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to office.
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U.S. Stock Rally Fades After Trump’s Tariff Reprieve
The S&P 500 slipped, as trade hostilities continued to heat up between Washington and Beijing. Stocks in Europe and Asia had soared earlier, after President Trump paused some tariffs.
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What to Expect After Trump’s Tariff About-Face
Global markets are rallying on President Trump’s decision to pause most of his sweeping levies. But investors remain unsettled, especially as Washington and Beijing face off.
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U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.
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China Says Its Own Consumers Will Save the Day. But They’re Not Buying.
If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade war.
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Stocks Jump in Asia After Trump’s Tariff Reprieve
Markets in Japan, South Korea and Taiwan soar after the U.S. president pauses punishing tariffs. Gains in mainland China were modest as trade hostilities heat up between Washington and Beijing.
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Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president also further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
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Walmart Says Trump’s Tariffs Have Added Uncertainty to Its Outlook
Executives at the largest retailer in the United States acknowledged the new environment, but told investors that they were confident in the company’s strategy.
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Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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China Hits Back Again at Trump, Bringing New Tariffs on U.S. Goods to 84%
Beijing announced a new round of 50 percent tariffs in response to President Trump’s latest levies as the trade conflict between the superpowers escalates.
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What Is Trump’s Tariff Endgame? Recession Fears Grow.
Another sharp sell-off in stocks and bonds greeted President Trump’s latest round of protectionist measures as fears of a U.S. recession grow.