May 12 Watch 4:55 U.S. and China roll back steep tariffs as they try to reach a larger deal By Lisa Desjardins, Winston Wilde There's been a big breakthrough in the battle over tariffs. The United States and China have paused many of their most punishing tariffs, for the time being, while they try to reach a larger deal. It's a major thaw in… Continue watching
May 12 Watch 6:45 What’s next for Trump’s trade war after pausing tariffs with China By Geoff Bennett, Azhar Merchant As the U.S. and China announced a surprising pause on tariffs, we're taking a look at what's behind it and where things go in the weeks ahead. To discuss the trade negotiations, Geoff Bennett spoke with Derek Scissors of the… Continue watching
May 12 Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war By Stan Choe, Associated Press U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%. Continue reading
May 12 U.S. and China reach temporary deal to reduce sky-high tariffs for 90 days, plan more talks By Jamey Keaten, David McHugh, Elaine Kurtenbach, Ken Moritsugu, Associated Press Stock markets rose sharply as the globe's two major economic powers took a step back from a clash that has unsettled the global economy. Continue reading
May 11 No breakthroughs on 2nd day of U.S.-China tariff talks, but Trump touts ‘great progress’ By Jamey Keaten, Christopher Bodeen, Associated Press The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand. Continue reading
May 10 U.S.-China tariff talks begin in Geneva as the world looks for signs of hope By Paul Wiseman, Didi Tang, Jamey Keaten, Associated Press The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. Continue reading
May 09 Watch 5:23 Putin uses Russia’s WWII celebration to strengthen alliance with China By Nick Schifrin, Sonia Kopelev Russia celebrated the Soviet Union’s victory over Nazi Germany in World War II in an annual parade that filled Red Square with military hardware and dozens of foreign leaders. Vladimir Putin once again tied Russia’s past triumphs to today’s war… Continue watching
May 09 China’s exports to U.S. sink, offset by trade with other economies, as Trump’s tariffs hit global trade By Elaine Kurtenbach, Associated Press China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump's tariffs offensive is hastening a shakeup in global supply chains. Continue reading
May 09 WATCH: White House holds briefing ahead of China trade talks, Trump’s Middle East trip By Associated Press President Donald Trump on Friday floated cutting tariffs on China to 80 percent ahead of a weekend meeting as he looks to de-escalate the trade war. Continue reading
May 07 WATCH: Trump says it’s a ‘disservice’ that U.S. doesn’t celebrate WWII victory at swearing-in for China ambassador By Associated Press President Donald Trump noted that World War II allies are spending the week celebrating the war’s end with parades and other festivities. Continue reading