Trump's China trade 'deal' returns the U.S
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U.S. stocks closed lower as investors assessed little progress on trade talks, after jumping in the morning on a cooler-than-expected inflation reading. The Dow Jones Industrial Average fell 1 point to close at 42,865.77, while the S&P 500 Index lost 16.51 points to settle at 6,022.30. The Nasdaq Composite was down 99.11 points, 0.5%, to 19,615.88
Commerce Secretary Howard Lutnick said the European Union was tough to deal with, and securing a trade pact with the bloc would likely take longer than most other such deals. The EU "got a little reli
Trade deals may emerge, but most will be symbolic. Effective tariff rates will stay high throughout 2025. Click to read.
The International Monetary Fund said on Thursday that its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week.
Japanese Prime Minister Shigeru Ishiba said he won’t rush into a trade deal with the US that would hurt the nation’s interests, although he’d welcome any progress made before an expected summit with US President Donald Trump.
Mad Money' host Jim Cramer breaks down the new trade deal between the U.S. and China and what it means for your portfolio.
India's benchmark indexes opened little changed on Thursday as investors assessed the U.S.-China trade deal and escalating tensions in the Middle East. The Nifty 50 was up 0.07% at 25,160.3 and the BSE Sensex rose 0.
President Donald Trump said Wednesday that a limited trade deal with China was “done,” pending his approval and that of Chinese President Xi Jinping.