Stocks in Asia gained on Monday after weekend talks signaled that progress had been made in easing trade tensions between the United States and China. Benchmark indexes in Japan and South Korea edged higher in early trading on Monday morning. Futures pointed to the S&P 500 gaining more than 1 percent when trading begins in…
Amid a steady stream of new trade policies in President Trump’s first three months in office, there is one that Andy Musliner, who owns a small toy business in Maryland, can get behind. That’s the ending of a duty-free loophole for cheap goods from China. Mr. Trump this month scrapped a provision that had allowed…
Top economic officials from the United States and China will meet on Sunday in Geneva for their second day of high-stakes negotiations, discussions that are aimed at easing tensions stemming from President Trump’s trade war. The talks have major implications for the global economy, which has been rocked by the tariffs that the United States…
Hendrik Dierendonck, a second-generation butcher who has become, as he describes it, “world famous in Belgium” for his curated local beef, thinks Europe’s way of raising cattle results in varied and delicious cuts that European consumers prize. “They want hormone-free, grass-fed,” Mr. Dierendonck explained recently as he cut steaks at a bloody chopping block in…
The first 100 days of the second Trump administration have been a whirlwind. And Stephen Miran, the chair of President Trump’s Council of Economic Advisers, has been at the center of what he calls “the volatility.” Mr. Trump has raised import taxes to levels not seen since the 1930s. And trade talks to roll them…
Xi Jinping has been preparing for this moment for years. In April 2020, long before President Trump launched a trade war that would shake the global economy, China’s top leader held a meeting with senior Communist Party officials and laid out his vision for turning the tables on the United States in a confrontation. Tensions…
Top economic officials from the United States and China are poised to meet in Geneva on Saturday for high-stakes negotiations that could determine the fate of a global economy that has been jolted by President Trump’s trade war. The meetings, scheduled to continue on Sunday, will be the first since Mr. Trump ratcheted up tariffs…
In the scrum to keep the wheels of trade turning, Chinese companies are pivoting to neighboring countries to escape President Trump’s crippling tariffs. The hustle is on show in Vietnam. Factories that make everything from jeans to Christmas wreaths are trying to get there fast. The ones that have already moved are ramping up. The…
The call from a supervisor came to the steel shop floor in Sheffield, England, on Thursday afternoon: The tariffs were off. “Everything had changed for us,” said Richard Bott, as he stood near stacks of steel slabs still radiating waves of heat from the mill. In a trade deal with Britain announced with much fanfare…
Randy Carr watched the news on his laptop the way you look at a doctor about to administer a shot — nervously and braced for pain. It was April 2, and President Trump was in the Rose Garden about to unveil new tariffs. An upbeat, slightly jacked 52-year-old, Mr. Carr is the chief executive of…