trade war

The U.S. and U.K. are reportedly close to finalizing a trade agreement. This would be the first such pact since the U.S. implemented stringent reciprocal tariffs in April. What Happened: The New York Times reported the development on Wednesday after President Donald Trump hinted to reporters on...

In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment. What Happened: Brusuelas expressed concern that inconsistent tariff policies could set off...

On Tuesday, billionaire investor Bill Ackman suggested that Donald Trump implement a gradual, escalating China tariff strategy to encourage fair trade negotiations and help U.S. companies adjust without triggering sudden economic disruption. What Happened: Taking to X, formerly Twitter, Ackman laid...

Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...

Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened:  During an interview with Yahoo Finance at the Milken...

Former Vice President Mike Pence voiced his apprehensions about President Donald Trump‘s tariff policies, hinting at potential economic fallout and shortages. What Happened: Pence, during an interview with CNN’s Kaitlan Collins, expressed his belief that the broad-based tariffs...

The ongoing U.S.-China trade dispute may find resolution through the reported appointment of special envoys by Presidents Donald Trump and Xi Jinping. This could pave the way for better communication channels, analysts suggest. What Happened: The U.S. and China are grappling with how to...

President Donald Trump‘s intensifying trade war with China is stirring up dissatisfaction among young Americans. What Happened: Trump’s tariffs on Chinese goods are causing disruptions for young Americans who depend on affordable Chinese products and services. These tariffs have...

In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened:  China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...

The global copper market could experience a notable surplus over the next two years, as analysts anticipate rising production and weakening demand owing to rising international trade tensions. The International Copper Study Group (ICSG) concluded its biannual meeting in Lisbon this week, revising...

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...

In a potential move towards de-escalation, China’s Commerce Ministry is said to be ‘assessing’ a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump. What Happened: The U.S. has extended an olive branch to Xi Jinping‘s China, proposing talks...

United Parcel Service Inc. (NYSE:UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ:AMZN), its primary client, and the ongoing...

The Donald Trump administration is reportedly considering sweeping changes to Joe Biden-era restrictions on AI chip exports. What Happened: Trump officials are weighing a significant overhaul of the Framework for Artificial Intelligence Diffusion, a rule issued in January by the U.S. Commerce...