|
Trump avoids repeating Herbert Hoover's Smoot-Hawley tariff mistake, which led to companies slashing dividend payouts.
|
|
The Trump administration is serious about using tariffs to generate revenue that funds tax cuts.
|
|
The U.S.-China tariff deal sent the tech-heavy Nasdaq soaring, entering a bull market, and economists are optimistic that the U.S. may dodge a recession.
|
RELATED ARTICLES | | |
|
While investors will be more positive on the sector overall, Apple and Dell are among the tech companies that could see particular relief from recent developments.
|
RELATED ARTICLES | | |
|
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.
|
|
Imports face steep levies despite recent trade deals the Trump administration reached with China and the U.K.
|
|
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House's trade policy.
|
|
With the prospect of more favorable tariff terms between the two key trading partners, investors are betting that increased economic activity will boost financial activity.
|
RELATED ARTICLES | | | | |
|
The new deal between the United States and China means Americans can expect smaller price hikes in coming weeks and fewer shortages.
|
RELATED ARTICLES | | |
|
Tariff Truce With China Demonstrates the Limits of Trump's Aggression The New York TimesDow soars around 1,000 points higher after Trump team and China dramatically lower tariffs CNNTrump Backed Down on China Tariffs The New York TimesThe Tariff Climbdown: Six Takeaways From Economists and Analysts WSJ
|
|
Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.
|
|
Cargo shipping between China and the U.S. could see another huge burst of activity as companies rush to exploit a temporary 90-day pause in trade hostilities between the two nations.
|
|
Stock Market Today: Dow Jones Soars 1,000 Points, "Mag 7" Surge On China Trade Deal; Bitcoin Stocks Shine (Live Coverage) Investor's Business DailyDow surges more than 1,100 points after China and U.S. agree to temporary tariff cuts: Live updates CNBCEconomic outlook brightens, recession odds fall after US-China tariff deal USA TodayStock market today: Dow gains 1,000 points, while S&P
|
|
Treasury Secretary Scott Bessent said details will be released Monday after a weekend of talks in Switzerland.
|
RELATED ARTICLES | | |
|
