Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar panels ignited at an Amazon warehouse in Redlands, California in June 2018, Bloomberg reports. The news comes days after Walmart sued Tesla for at least 7 fires...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
China is offering to lower tariffs on U.S. farm, chemical, auto and other products as part of a trade deal that is nearing completion, a new report says.
The Wall Street Journal in that report Sunday also said that as part of that trade pact, the United States is considering eliminating most if not all of the trade sanctions imposed on Chinese products last year.
A summit between the two leaders could happen sometime in March, according to both Bloomberg and the Journal.
"Speaking of China we're very well on our way to doing something special. But we'll see," Trump said Thursday.
But Trump, speaking in Hanoi, Vietnam, after ending negotiations with North Korean leader Kim Jong Un without reaching an agreement on that communist nation's nuclear program, added, "I am always prepared to walk."
"I'm never afraid to walk from a deal, and I would do that with China, too, if it didn't work out, " the president said.
The U.S. has threatened to place tariffs of 25 percent on $200 billion of Chinese imports if no deal is reached.