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 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 08 Watch 11:11 The impact Trump’s tariffs are already having on global supply chains and U.S. businesses By William Brangham, Diane Lincoln Estes, Jonah Anderson President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, remain open to negotiating with the U.S., but some of the tariffs are having real impacts on American businesses and their supply chains. Continue watching
May 08 WATCH: Trump announces trade deal with UK, cutting tariffs on autos, steel and aluminum By Josh Boak, Chris Megerian, Jill Lawless, Associated Press The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree of validation for President Donald Trump's claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred… Continue reading
May 07 China agrees to trade talks with the U.S. and rolls out more stimulus as tariffs hit economy By Ken Moritsugu, Elaine Kurtenbach, Associated Press President Donald Trump's tariffs, set as high as 145 percent on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the property sector. Continue reading