trade deal

In a recent survey, a majority of CEOs have expressed confidence in the U.S. economy, with a notable decrease in the number of business leaders anticipating a recession this year. What Happened: A survey conducted on 277 CEOs by Chief Executive in June revealed that 28% of the 277 CEOs polled...

As U.S. President Donald Trump and Chinese President Xi Jinping break the ice with a phone call after months of silence, analysts weigh in on what’s in store for the U.S.-China trade. What Happened: The U.S. and China have been at odds over trade for a considerable period. The...

The manufacturing sector in China has slipped into contraction in May, marking its lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary trade truce with the U.S. What Happened: Data released on Tuesday by Caixin...

China has refuted U.S. President Donald Trump‘s claims of breaching the Geneva trade agreement, labeling them as unfounded. What Happened: On Monday, China's Commerce Ministry rejected Trump's accusations that Beijing had breached the Geneva trade agreement. The ministry confirmed that China...

CEO of JPMorgan Chase (NYSE:JPM), Jamie Dimon, has reportedly made a commitment to intensify the bank’s association with Chinese capital markets. What Happened: Dimon’s pledge follows a meeting with high-ranking Chinese officials, including Beijing’s chief trade negotiator,...

A Texas-based experiment reveals that U.S. consumers are not favoring domestically produced showerheads, despite the imposition of tariffs on Asian imports. What Happened: Ramon van Meer, a marketer of showerheads, conducted an online experiment to understand consumer preference between ‘Made...

Former PIMCO CEO and current Allianz’s chief economic adviser, Mohamed El-Erian, has suggested that the era of U.S. exceptionalism is on pause, not conclusively over, amid President Donald Trump‘s tariffs and economic uncertainty. What Happened: El-Erian expressed his views on the...

President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements. What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs...

Despite a powerful 22% surge in the S&P 500 since the April lows—driven by easing U.S.-China trade tensions and a 90-day pause on new tariffs—only half of the index’s stocks have managed to rise above their 200-day moving average, indicating a market rally that remains potentially...

The Port of Los Angeles, one of the largest import gateways in the U.S., has issued a warning that the recent reduction in tariffs on Chinese goods may not be enough to reverse the declining cargo volume. What Happened: Cargo volumes at the Port of Los Angeles have been on a downward trend. To...

Tesla Inc. (NASDAQ:TSLA) is reportedly preparing to restart the shipping of components from China to the U.S. for the production of its Cybercab and Semi trucks. This move follows a recent truce over tariffs between the U.S. and China. What Happened: The tariff truce, announced...

The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London’s ongoing efforts to rebuild its relations with Beijing. What Happened: The trade pact, which imposes strict security...

In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between the U.S. and China. He also pledged economic support to LatAm and Caribbean countries and called for the region to...

In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to boost Apple’s investment in U.S. operations. “I...

President Donald Trump referred to the European Union as “nastier than China” in Monday’s press briefing during the signing of an executive order aimed at lowering prescription drug prices. What Happened: Trump called on Europeans to shoulder more financial...