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The momentum is increasing after the U.S. and China agreed to reduce tariffs for 90 days while trade talks continue. The Financial Select Sector SPDR exchange-traded fund XLF rose 2% to $50.87 at the ...
Bond yields were up Monday "as fears that a trade war will cause a recession continue to recede," following U.S. Treasury Secretary Scott Bessent's negotiations with Chinese trade officials over the ...
Trump wants more U.S. exports. He wants to open China's market. That's fine. But the U.S. market is really its domestic market. U.S. exports account for 11% of GDP. By comparison, exports account for ...
Front-loading of goods, similar to the sharp increases in shipping activity in the first quarter, was anticipated to restart now that the Trump administration has agreed to lower its tariff rate to 30 ...
Oil futures added to last week's gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day's highs as talks on Iran's nuclear program and the Russia-Ukraine war keep open ...
The president ran for office promising to "make America great again," and months after being sworn in, raised tariffs against America's trading partners.
Looking at the bigger picture, economists expect a burst of inflation in the coming months as higher tariffs announced by President Donald Trump in April take effect. These higher prices will ...