Apr 16 Ahead of Trump’s tariffs, retail sales rise 1.4% in March as shoppers stock up on big ticket items By Anne D'Innocenzio, Associated Press U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in. Continue reading
Apr 15 Japan’s chief trade negotiator to visit Washington for tariff talks this week By Mari Yamaguchi, Associated Press The visit is to "build a relationship of trust" between the two sides, with Japan requesting the U.S. side to drop the tariff measures, Hayashi said on Wednesday. Continue reading
Apr 14 Watch 8:02 Confusion over electronics tariffs injects more uncertainty into economy By William Brangham, Courtney Norris, Azhar Merchant, Solveig Rennan The escalating trade war between the U.S. and China is continuing to inject uncertainty into the world’s two largest economies. Over the weekend, President Trump and top trade officials added to the confusion, carving out exemptions for tariffs on electronic… Continue watching
Apr 14 Watch 6:02 How Meta’s blockbuster antitrust trial could have major implications for big tech By Stephanie Sy, Jackson Hudgins A blockbuster antitrust trial between Meta and the Federal Trade Commission is underway. The government alleges the company monopolized the social media market when it purchased Instagram and WhatsApp. The trial could have major implications for big tech. Stephanie Sy… Continue watching
Apr 14 Stocks rally worldwide after Trump eases some electronics tariffs By Stan Choe, Associated Press Apple and other technology companies helped lift Wall Street after Trump said he was exempting smartphones, computers and other electronics from some of his stiff tariffs, which could ultimately more than double prices for U.S. customers of products coming from… Continue reading
Apr 14 Trump considers pausing his auto tariffs to give carmakers more time By Josh Boak, Michael Liedtke, Associated Press When Trump announced the 25 percent auto tariffs on March 27, he described them as “permanent.” His hard lines on trade have become increasingly blurred as he has sought to limit the possible economic and political blowback from his policies. Continue reading
Apr 14 What we know now that Trump has paused tariffs on electronics By Wyatte Grantham-Philips, Associated Press Commerce Secretary Howard Lutnick later said that this was only a temporary reprieve — telling ABC's "This Week" on Sunday that electronics will be included under future sector-specific tariffs on semiconductor products, set to arrive in "probably a month or… Continue reading
Apr 14 China’s Xi says no winners in tariffs and trade war during Southeast Asia visit By Huizhong Wu, Aniruddha Ghosal, Associated Press Xi reiterating China's commitment to global trade in contrast with U.S. President Donald Trump's latest tariffs moves. Continue reading
Apr 13 Watch 4:30 How China is responding to pressure from Trump as trade war brews By John Yang, Andrew Corkery, Gerard Edic The developing U.S.-China trade war keeps ratcheting up, with reports Sunday that China has suspended exports of rare earth minerals. Meanwhile, Commerce Secretary Lutnick said that the electronics the Trump administration exempted from reciprocal tariffs could be subject to different… Continue watching
Apr 12 Argentina secures IMF loan and ends most capital controls in key milestones for President Milei By Isabel DeBre, Associated Press President Javier Milei on Friday announced that he would lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund. Continue reading