Trump Says U.S. Trade Deal With China Is Done
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China, Wall Street and trade talks
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Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff costs, leading analysts to caution investors about the challenging economic environment.
U.S.-listed Chinese stocks, including Alibaba, Baidu, JD.Com, and PDD Holdings, are trading lower as Trump confirms a China trade deal.
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic consumption and the prospect of a U.S.-China trade war is already taking its toll among Chinese companies.
US stocks were little changed on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. The Dow Jones Industrial Average was little chan
Stocks haven’t been this expensive relative to bonds in almost 25 years. Is a market downturn next?
Wall Street initially cheered soft inflation data and hopeful tariff news, but momentum stalled in late-day trading.
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The US and China wrapped up two days of high-stakes trade talks in London. The result: a plan to establish a framework for implementing a consensus the two sides had already agreed to last month. US Commerce Secretary Howard Lutnick said the Chinese had pledged to speed up shipments of rare-earth metals critical to US auto and defense firms,