The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, reverses sharply on Friday after hitting a near one-month high of 100.86 earlier in the day.
I inherited around 2,300 shares of Walmart last year. In the space of a year the stock price has skyrocketed. It dipped a little when Trump announced the tariffs, but it's back up. I thought Walmart imported almost everything they sell from China, …
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials, as he looks to deescalate the trade war between the world’s two largest economies.
Top U…
U.S. officials are set to meet with a high-level Chinese delegation in Switzerland this weekend in the first major talks between the nations since Trump’s tariffs announcement.
White House Press Secretary Karoline Leavitt addressed media staff on Friday, walking back some of the tone and market interpretations of President Donald Trump’s early morning tweets.
The Dow Jones Industrial Average (DJIA) followed the broader market lower on Friday, falling below 41,250 as investors gear up for a tense weekend.
Global equity funds attracted the smallest weekly inflows in four weeks in the week through May 7, amid concerns about the impact of tariffs on the global economy and as investors awaited anticipated U.S.-China trade talks for more clues.
According…
President Donald Trump has made a fresh move in his trade war with China, saying that an 80% tariff on Chinese products “seems right” but determining the correct level is up to Treasury Secretary Scott Bessent. Here’s how to think about it.
Bill targets people from China, Iran, North Korea and Russia.
Parenthood is becoming a lot more expensive with President Trump’s tariffs on China and other countries.
The first Chinese goods subject to President Trump’s 145%-plus tariffs have begun arriving at the busiest ports in the U.S. in Los Angeles and Long Beach. 12,000 shipping containers in all are on the first flotilla of freight vessels from China with g…
Investors have already been told to expect billions of dollars in lost corporate profits due to new tariffs.
This article will be updated throughout the day, so check back often for more daily updates. The stock market is volatile today, flipping from green to red as of mid-morning trading. President Trump displayed a willingness to cut tariffs on China imports from over 100% to 80%, saying that level seems doable as Washington, D.C. […]
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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.Total exports from China rose 8.1%…
The president made the comment as negotiators prepare for weekend talks with China’s economic tsar.
The USD/JPY pair retraces to near 145.00 during North American trading hours on Friday after failing to extend its upside above almost a month’s high of 146.20 earlier in the day.
An eighty percent "tariff on China seems right! Up to Scott B," the president posted, seemingly leaving the decision up to his Treasury secretary.
Trade data from China also supports the impression of continued strong demand for Copper in the most important market for the metal, which is essential for electrification, Commerzbank’s commodity analyst Thu Lan Nguyen notes.
Live Updates Live Coverage Updates appear automatically as they are published. Weekly Performance 9:44 am by Gerelyn Terzo The Nasdaq Composite is on pace for a fractional gain today and has advanced a more impressive 7.9% over the past month. Year-to-date, the tech-heavy index is still lower by 6%. Over the past five trading sessions, […]
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Ahead of key weekend U.S.-China trade talks, President Trump said an “80% Tariff seems right.” The S&P 500 rose as Wall Street looked past the tough negotiating stance.
The post U.S.-China Trade Talks: Trump Takes Hard Line On Tariffs, But Flexibl…
Live Updates Live Coverage Updates appear automatically as they are published. Cruise News Blues 9:32 am Australian investment bank Macquarie is curbing its enthusiasm over cruise stocks this morning. The banker cut its price targets on each of Carnival Corporation (NYSE: CCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean (NYSE: RCL), to $26, […]
The post Stock Market Live May 9: Trump Proposes 80% Tariff for China, S&P 500 (VOO) Rises appeared first on 24/7 Wall St..
President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, beckon.
President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
In a recent post on Truth Social, President Trump stated that an 80% tariff on Chinese goods "seems right", suggesting a potential reduction from the current 145% rate. He indicated that the final decision would be made by Treasury Secretary …
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