Stocks gain on hopes Trump will ease tensions with the Fed -- and China
The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.
Tariffs
Stein talks tariffs at State of the Economy speech in Winston-Salem
At the event Gov. Josh Stein told the crowd, which included all of the state’s U.S. senators and representatives, that President Trump’s trade policies will hurt North Carolina families and businesses.
China warns of 'countermeasures' against any deals that harm its interests
The comments come after reports that Trump is hoping to use tariff negotiations with other countries to isolate China.
Sell USA? Why Trump's tariffs may be sparking a historic storm on Wall Street
When Trump announced sweeping tariffs this month, he called it "Liberation Day." But there are fears that it may well have been the day foreign investors started to lose faith in the United States.
Tariffs threaten to push auto insurance rates even higher
Between the slate of tariffs currently in effect and proposed tariffs on car parts, the cost of car ownership is rising. And that's true even if you're not in the market for a vehicle.
China reports 5.4% GDP growth in 1st quarter, but analysts say tariffs will bite soon
Growth was driven partly by strong industrial activity and exports, before President Trump's punishing tariffs. Experts say these levies will hurt China's growth this year.
Hong Kong post office will stop shipping parcels to the U.S. over tariffs
Hong Kong is caught in the middle of the trade disputes between the U.S. and China despite being a free port. The former British colony has trade and customs policies different from mainland China's.
Is it 'Made in USA'? The answer can be complicated
In a global economy, something called "substantial transformation" comes into play when the U.S. determines where a product is made.
Trump mulls semiconductor levies after lifting reciprocal tariffs on electronics
Trump targets Chinese technology with 20% fentanyl tariff and eyes semiconductors in a "National Security Tariff Investigation" over coming months.
Smartphones and computers are now spared from Trump's reciprocal tariffs
The exemption comes amid worries of how President Trump's steep new tariffs will affect American tech companies that rely on supply chains in China, like Apple.