China, trade talks
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Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into a recession.
China on Thursday accused the United States of "abusing export control measures" and urged Washington to correct its practices after the U.S. issued guidance warning companies not to use Huawei's Ascend AI chips.
CBIZ Inc., a Cleveland-based financial and business advisory firm, has launched a new service to help businesses navigate the changing rules around tariffs and trade. The CBIZ Tariff Solution, announced Tuesday,
Bettors on Polymarket and Kalshi slashed their recession outlooks below 50% after the US-China tariff deal was announced over the weekend.
Good morning. US markets flourish amid softening trade tensions between Washington and Beijing. SoftBank’s $100 billion US investment plans hits some bumps in the road. And get ready to listen in luxury.
U.S. and Chinese officials are set to meet in Switzerland to discuss potentially de-escalating the trade spat that has resulted in high tariffs for each country.
Shein became a behemoth selling more than $30 billion worth of goods annually on a foundation of cheap prices and advantageous trade rules, such as the U.S. "de minimis" exemption that allowed duty-free entry for low-cost imports worth $800 or less.
Trade tensions between the US and China are stalling agricultural commodity trader Bunge Global SA’s $8.2 billion takeover of Glencore Plc-backed Viterra, according to people familiar with the matter.
Gold prices fell on Wednesday as de-escalation in U.S.-China trade tensions weakened safe-haven demand, while markets eyed another set of inflation data to assess the Federal Reserve's policy path.