Category: United States

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.
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence

The slide in crude prices signals deteriorating confidence in the strength of the economy.
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.
What Is a Bear Market? Are We in One?

A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.
China Condemns American ‘Protectionism’

Beijing issued a lengthy denunciation of U.S. trade policies and accused Washington of violating a trade deal the countries reached in President Trump’s first term.
E.U. Officials Set to Vote Today on First Retaliatory Tariffs

The European Union is poised to approve a plan to hit back at President Trump’s steel and aluminum levies. Further measures could come next.
Another Rocky Day in Markets: Stocks in Asia Resume Their Slide

With the S&P 500 nearing a bear market, shares in Asia decline as China and other major U.S. trading partners await the start of significantly higher tariffs.
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs

Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
China Accuses U.S. of Blackmail After Trump Threatens More Tariffs

The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”
Trump Threatens Huge Tariffs on China in Response to Its Retaliation

The president said he would counter Beijing’s tariffs — which came in response to Mr. Trump’s own levies — with even more tariffs on Chinese imports.
U.S. Markets Swing Wildly as Trump Admin Denies 90-Day Tariff Pause Report

It was not clear where the report, that President Trump was considering a pause on his expansive tariffs, had originated. The White House called the claim “fake news.”
What Is a Bear Market? Are We in One?

A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.