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.
Category: United States Economy
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Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
Most Republicans welcomed the unexpected three-month pause on several of President Trump’s tariffs, but some want more clarity about the president’s end game and more power for Congress over trade.
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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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How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
A broad variety of products made in China, including toys, clothing and electronics, may cost more. Shoppers could also see an impact from other tariffs.
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Inflation Expected to Have Eased in March
Policymakers and economists say the latest data is only a temporary reprieve as tariffs risk stoking higher inflation.
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Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies.
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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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Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
Amid the doom and gloom in financial markets, President Trump continues to insist he’s got a plan.
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Delta Warns Trump’s Trade War Could Lead to a Recession
Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.
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Bond Sell Off Raises Questions About U.S. Safe Haven Status
As the fallout from President Trump’s global trade war spreads, investors are even fleeing U.S. Treasuries.