On Tuesday, President Trump renewed threats that he may stick to his self-imposed July 9 deadline for making trade deals and issue new tariff levels to trading partners, forgoing another
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US-China tariff rates have become increasingly complex, shaped by years of escalating trade actions and policy shifts. With overlapping measures such as Section 301 tariffs, the recent reciprocal duties, and
On a company earnings call Thursday, RH (RH) CEO Gary Friedman shared a frank account of how the furniture retailer navigated a “chaotic and unpredictable” quarter due to tariffs, market
On a company earnings call Thursday, RH (RH) CEO Gary Friedman shared a frank account of how the furniture retailer navigated a “chaotic and unpredictable” quarter due to tariffs, market
After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days
May’s Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump’s tariffs would accelerate the pace of price increases. The latest
Trump said in a post on Truth Social that he had a “very good phone call” with Chinese President Xi Jinping that lasted about 1½ hours. Trump said that he
Bank of Canada again holds key interest rate at 2.75%, as tariff negotiations ‘are highly uncertain’
Back in April, the BoC spelled out two paths for Canada’s economy in lieu of its typical guidance. One of these envisioned a “severe” global trade war, causing a year-long
The U.S. tariff rate on most imported steel and aluminum will double on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects
A US trade court decision that put at least a temporary pause on many of President Trump’s wide-ranging tariffs isn’t cooling Wall Street’s fears over policy uncertainty. “It is not
Elon Musk took a swipe at President Trump’s signature domestic policy legislation, saying it would add to the national deficit. He complained to administration officials about a lucrative deal that
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets World markets and the U.S. dollar have
India has reportedly offered the US steep tariff cuts but is seeking to retain high duties on some agricultural commodities, such as food grains and dairy products, according to a
Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump’s
Stocks climbed Tuesday after President Donald Trump said he was resetting a deadline for imposing tariffs on the European Union. The broad S&P 500 rose about 2%, while the Dow
India pushes to dodge Trump’s 26% tariff as US officials head to Delhi for last-lap trade deal talks
NEW DELHI: A high-level US trade delegation is expected to land in India in the coming weeks for what could be the final round of talks on the proposed interim
When President Trump this weekend delayed 50 percent tariffs on the European Union by more than a month, officials on both sides of the Atlantic billed the move as an
First quarter earnings season is beginning to wrap up, with Nvidia’s report on Wednesday serving as the last major earnings event on the calendar for a while. Throughout numerous earnings
First quarter earnings season is beginning to wrap up, with Nvidia’s report on Wednesday serving as the last major earnings event on the calendar for a while. Throughout numerous earnings
Investors were growing optimistic that Donald Trump’s trade wars had started to calm down. His latest tariff broadsides quickly disabused them of that notion. Initial agreements with the UK and
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