trade deal

The 90-day pause on tariffs between the U.S. and China has resulted in a rally and positive market sentiment. However, experts caution that this reprieve is not a definitive end to the trade war, leaving significant uncertainty over the long term. What Happened: According to John Murillo, Chief...

The United States and China agreed to slash their retaliatory tariffs by over 100 percentage points, pausing a spiraling trade war that had threatened to choke global growth. What's In The Deal? The agreement establishes a 90-day reset, slashing U.S. tariffs on Chinese goods from 145% to 30%, and...

Economist Craig Shapiro shared his insights on the unfolding U.S.-China trade dynamics, warning that while a tariff truce may calm immediate market fears, it could have unintended consequences for the broader economy. What Happened: Shapiro, a macro strategist at Bear Traps Report, suggested that...

On Monday, the U.S. and China agreed to a temporary reduction in most tariffs on each other’s goods, marking a considerable easing of trade tensions. As a result, major tech stocks caught in the trade war, such as Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Nvidia Corp (NASDAQ:NVDA),...

Odds that the U.S. would plunge into recession in 2025 dipped below 50% on decentralized prediction market Polymarket after the U.S. announced a trade deal with China on Sunday. What Happened:  Bets in favor of a betting contract titled “US recession in 2025?” dropped from 52% to...

A consortium including General Motors (NYSE:GM), Ford (NYSE:F), and Stellantis (NYSE:STLA) has voiced criticism over President Donald Trump‘s latest trade agreement with the United Kingdom. The group fears the deal could harm the U.S. auto industry. What Happened...

The U.S. and U.K. are reportedly close to finalizing a trade agreement. This would be the first such pact since the U.S. implemented stringent reciprocal tariffs in April. What Happened: The New York Times reported the development on Wednesday after President Donald Trump hinted to reporters on...

In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment. What Happened: Brusuelas expressed concern that inconsistent tariff policies could set off...

In a sudden shift, President Donald Trump stated that it is not the U.S. that needs trade deals, but its partners, contradicting earlier statements from his own administration. What Happened: In a White House meeting with Canadian Prime Minister Mark Carney, President Trump made a surprising remark...

Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...

The U.K. and India have concluded a free trade agreement after three years of intermittent negotiations, with the aim of boosting bilateral trade by $34 billion by 2040. What Happened: The deal between the world’s fifth and sixth largest economies comes in the wake of tariff chaos...

Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened:  During an interview with Yahoo Finance at the Milken...

Howard Lutnick, the U.S. Commerce Secretary, has voiced his concerns regarding the likelihood of a trade agreement with Canada ahead of a meeting between President Donald Trump and the newly elected Canadian Prime Minister Mark Carney on Tuesday. What Happened: On Monday, Lutnick...

Leading American footwear companies, Nike (NYSE:NKE), Adidas (OTC:ADDYY), Skechers USA (NYSE:SKX), and others have approached President Donald Trump, seeking an exemption from tariffs, citing the risk of a potential industry collapse. What Happened: The Footwear Distributors and Retailers of ...

In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened:  China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...