China's exports growth fell short of expectations in May, primarily due to a steep drop in shipments to the U.S. Despite a trade truce, tensions remain high as both nations prepare for renewed negotiations.
In a surprising twist, American car buyers paid slightly less for new vehicles in May, despite the introduction of new tariffs on imported cars and parts. This minor price dip raises questions about demand and spending habits in the auto market.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
The U.S. manufacturing sector contracted for the third straight month in May, raising concerns among industry leaders. New orders, production, and employment continue to decline, while prices for raw materials are on the rise, creating a challenging environment for manufacturers.
America's largest bank CEO criticizes Trump's approach to China, claiming the nation is resilient against U.S. pressure. As trade tensions rise, experts warn of a deteriorating deal and a significant trade deficit.
The EU has condemned President Trump's decision to double tariffs on steel imports, warning it could worsen trade tensions and hurt consumers. With countermeasures on the table, the stakes are rising in this ongoing trade war.
In a surprising twist, President Trump has agreed to postpone a 50% tariff on European Union imports until July 9, following a productive call with EU Commission President Ursula von der Leyen. This move comes amid ongoing trade tensions and raises questions about future negotiations.
Bitcoin has dropped below $107.5K after Trump's shocking tariff warning on EU imports, triggering a wave of selling. Despite this, institutional interest remains strong with significant ETF inflows. Can BTC recover?
President Trump has reignited trade tensions by threatening steep tariffs on European exports and warning Apple about iPhone production. This could disrupt global markets and U.S.-EU relations significantly.
President Trump urges major companies to absorb the costs of tariffs as they face pressure to raise prices amid a global trade war. This clash with corporate America raises questions about the real impact on consumers.
