News

China gets boost in retail sales as export goods stay home, while tariffs hit factory output
China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of ...
He invented a viral watch-cleaning device. Then Trump's tariffs upended his business.
President Donald Trump’s April 10 announcement that he was raising tariffs on China to 145% left Anthony Mendoza shattered.
China Retail Sales Jump Most Since 2023 in Relief From Tariffs
China’s retail sales growth unexpectedly accelerated as the economy rode out the tariff rollercoaster in May, offering a ...
Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters ...
Busiest US seaport takes hit from 145% China tariffs, worries remain
By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May ...
Boeing Delivers First Jet to China in Tariff War Reprieve
Boeing Co. delivered its first aircraft to a Chinese airline customer since President Donald Trump unleashed a wave of ...
China Market Update: Risk Off Night On Middle East Tensions & Trump Tariff Saber Rattling
Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s ...