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The Latest Breaking News on Trump Seeks 'Fair Deal' With China But Pathway Unclear

Trump Seeks 'Fair Deal' With China But Pathway Unclear

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.

International Business Times

Trump Reportedly Considering Tariff Exemptions For Some US Automakers In Latest Reversal To Rattle Markets

It's already experienced a wild week on Wall Street -- and it's only Wednesday. And the markets could be in for another ride Thursday amid reports of another reversal by President Donald Trump.

International Business Times

Trade war with China to hit US healthcare

Without a carve-out for tariff exceptions for pharmaceuticals, prices will skyrocket for US patients, experts warn.

Al Jazeera

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Temu, Shein Raise Prices for U.S. Shoppers With Trump’s Tariff Hikes Imminent

China’s e-commerce platforms raise prices in U.S. as Trump brings duty-free exemption for small parcels to an end

Caixin Global

Dollar Rallies as Trade Tensions Ease and Trump Says He Won't Fire Powell

The dollar index (DXY00 ) Wednesday rose by +0.87%. The dollar rallied Wednesday due to an easing of the harsh trade rhetoric against China after President Trump said he plans to be "very nice" to China in any talks and that tariffs will drop if the two countries can reach...

Barchart

Billionaire Ken Griffin warns that U.S. brand is 'eroding'

The Trump administration's tariff policies could impact the country's stature, according to Griffin.

Fortune

Boeing doesn't expect the US trade war with China to slow its recovery

Boeing CEO Kelly Ortberg says he doesn’t expect the U.S. trade war with China to get in the way of its its financial recovery and aircraft delivery targets even though Chinese airlines are refusing to accept the company’s planes

The Independent UK

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Boeing hopes to find new buyers for up to 50 planes returned by China

Airplane manufacturer says it is lobbying Donald Trump over ‘unfortunate’ decision to impose tariffs

The Guardian - UK

Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

The Independent UK

RTX warns of potential $850M hit from tariffs as defense companies grapple with fallout of rising costs

“It's not a panacea for all things tariff,” RTX CEO Christopher Calio told investors Tuesday.

Fortune

Richard Branson says Trump’s tariffs messed up a promising economy: ‘Everything was going so bloody well up to about three months ago’

The billionaire entrepreneur sees Trump’s hard-line trade policies as reflecting the views of a “fairly small elite [group] of people around” him.

Fortune

Dollar Gains on President Trump’s Softer Tone on Trade and Fed Independence

The dollar index (DXY00 ) today is up by +0.57%. The dollar is climbing today due to an easing of the harsh trade rhetoric against China after President Trump said he plans to be “very nice” to China in any talks and that tariffs will drop if the two countries...

Barchart

Trump’s obsession with trade deficits has no basis in economics. And it’s a bad reason for tariffs

Those of us who study trade and investment for a living are, I suspect, becoming exasperated with both the White House stance on tariffs and the way that this is reported in much of the media. US president Donald Trump believes that if a country has a trade surplus with…

The Conversation

How are Trump’s tariffs affecting the fashion industry?

The fluctuating situation in the US is having very real consequences

Marie Claire

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International Business Times UK

Trump's Bold Tax Claim: Can Tariffs Really Replace Income Tax?

Trump claims tariffs could eliminate INCOME taxes, but economists warn of skyrocketing prices and recession risks. Can his plan work, or is it a recipe for economic chaos? Share your view!

People

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