China said Friday it will impose a 34% tariff on all US imports from April 10, in a tit-for-tat response to US President Donald Trump levying 34% duties on Chinese imports as part of his “Liberation ...
STORY: Oil slid 3% on Monday to its weakest level in four years. Brent futures and U.S. West Texas Intermediate crude futures hit their lowest since April 2021. Both benchmarks have lost more than 10% ...
(Bloomberg) -- The Trump administration’s temporary trade deal with China didn’t arrive in time to prevent a slowdown in the US economy, forecasters say, even if it reduces the risk of a full-blown ...
Betting markets have adjusted to lower odds of a recession this year after progress on US-China trade talks. The chance of an economic downturn fell to 40% after news that the US and China would lower ...
WASHINGTON/BRUSSELS >> A global trade war touched off by U.S. President Donald Trump’s sweeping tariffs escalated further on Monday, as Trump threatened to increase duties on China and the European ...
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BEIJING — Treasury Secretary Timothy Geithner said today that the world's recession is weakening, but it will be critical for the United States and China to institute major economic changes to put the ...
JPMorgan trimmed its forecast for the probability of the U.S. economy entering a recession this year after President Donald Trump reached a deal to temporarily lower the tariffs he imposed on imported ...
Plenty of gloomy economic scenarios involve a financial crisis and recession in China leading to all sorts of bad stuff. For instance, a cash-strapped Beijing would begin dumping Treasuries, causing ...
President Donald Trump's tariff hike on Chinese imports that took effect Tuesday could push the world's second-largest economy "very close" to a recession, one analyst says, warning that the U.S.