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Economic News and Analysis

The latest news and analysis about the health of the US economy.

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Stock Market
Inflation
Housing
Mergers & IPOs
Earnings

Analysis-US tariff pause on Beijing puts pressure on 'China-plus-one' countries

BEIJING/MEXICO CITY/HANOI (Reuters) -A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a "China-plus-one" strategy by global producers. In the new world order dictated by President Donald Trump's shifting announcements of tariffs, countries measure their success not by the terms of their trade deals with the U.S. but by how they compare to other countries. For the last five weeks, many nations facing significant duties under Trump's now-paused "reciprocal" global tariff regime announced on April 2 took solace from having better rates than China, which saw U.S. tariffs on Chinese imports ratchet up from 20% to an embargo-like 145% from March to May.

Reuters 12 minutes ago
Honda sees full-year profit declining 59% as US tariffs bite

TOKYO (Reuters) -Japan's Honda Motor forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup. Japan's second-biggest automaker expects operating income to total 500 billion yen ($3.38 billion) in the year to March 31, 2026, versus 1.21 trillion yen in the year that just ended.

Reuters 15 minutes ago

HMC
Stock market today: Dow, S&P 500, Nasdaq futures slip despite Wall Street cheering for US-China trade truce

US stock futures traded flat after markets roared on Monday following the announcement of a deal between the US and China to dramatically reduce tariffs for 90 days.

Yahoo Finance 25 minutes ago

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ES=F
Goldman Sachs cuts US recession odds to 35% from 45% on trade truce optimism

On Monday, the U.S. and China announced an agreement to significantly reduce tariffs on each other's imports for 90 days, with the U.S. lowering its tariffs on Chinese goods to 30% from 145% and China cutting duties on U.S. imports to 10% from 125%. The brokerage also raised its 2025 GDP growth forecast for the U.S. by 0.5 percentage points to 1% on a quarterly basis, it said in a note released on Monday. Goldman now expects the Federal Reserve to deliver just one rate cut in December, down from its earlier forecast of three for this year.

Reuters 33 minutes ago
Trump tariffs live updates: US, China agree to slash tariffs in 90-day trade truce

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

Yahoo Finance 38 minutes ago
Tariffs, trade and the road ahead: How 2025’s protectionist shift is reshaping global trade finance

New US tariffs have jolted global trade - and UK businesses are feeling the shockwaves. But this disruption is also forcing a rethink of traditional approaches to trade finance, says Dominic Capolongo

Electronic Payments 52 minutes ago
Tariffs, trade and the road ahead: How 2025’s protectionist shift is reshaping global trade finance

New US tariffs have jolted global trade - and UK businesses are feeling the shockwaves. But this disruption is also forcing a rethink of traditional approaches to trade finance, says Dominic Capolongo

Retail Banker International 52 minutes ago
US and Saudi Arabia seek closer financial ties as Trump heads to Riyadh

The Saudi-US Investment Forum starts on Tuesday in Riyadh with the US President set to attend, along with CEOs and other government leaders.View on euronews

Euronews 1 hour ago
China removes ban on Boeing deliveries after tariff war pause, Bloomberg News reports

Officials in Beijing have started to tell domestic carriers and government agencies this week that deliveries of aircraft made in the U.S. can resume, Bloomberg said. In April, at least three jets at Boeing's delivery center in China were returned to the United States. Boeing said customers in China would not take delivery of new planes due to tariffs, and it was looking to resell potentially dozens of aircraft.

Reuters 1 hour ago

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Investors cautious as Trump says China removing non-tariff trade barriers

Trump stated that China had agreed to remove non-tariff trade barriers, likely referring to the country’s rare earth export controls imposed on the US in April. The market rally appears to be pausing, as investors await further details of the US-China trade agreement.View on euronews

Euronews 1 hour ago
US to cut 'de minimis' tariff on China shipments, bolsters broader trade truce

HONG KONG (Reuters) -The United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies. While their joint statement in Geneva didn't mention the de minimis duties, the White House order released later said the levies will be reduced to 54% from 120%, with a flat fee of $100 to remain, starting from May 14. The de minimis exemption, for items valued at up to $800 and sent from China via postal services, were previously able to enter the United States duty free and with minimal inspections.

Reuters 1 hour ago
EBRD cuts regional economic outlook as geopolitical tensions linger

Recent US tariffs and worldwide economic tensions are likely to contribute to subdued economic growth in several key European economies and regions.View on euronews

Euronews 1 hour ago
ECB to stand by past stimulus policies in strategy review

FRANKFURT (Reuters) -The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self-criticism after a bout of high inflation and sizeable losses, several ECB policymakers told Reuters. The review, which began in March, will address some big questions about the way the ECB works, including whether massive bond purchases, negative interest rates and giving guidance on the future path for rates remain good policy tools. Conversations with ECB policymakers suggest the euro zone's central bank will largely endorse its past largesse, making only minor changes to a strategy document that was last updated four years ago.

Reuters 1 hour ago
Gold Holds Heavy Loss as Markets Latch Onto US-China Optimism

(Bloomberg) -- Gold steadied after a sharp selloff as a major de-escalation in US-China trade tensions hurt demand for havens.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays Wary on ImmigrationBullion traded near $3,240

Bloomberg 2 hours ago
World trade chief says global free trade is in a 'crisis' while on visit to Japan

Global free trade is in crisis, the head of the World Trade Organization chief said Tuesday while meeting Japanese Prime Minister Shigaru Ishiba on Tuesday. Ngozi Okonjo-Iweala, director-general of the World Trade Organization, told Ishiba that she has high expectations for Japan as a champion of open markets as U.S. President Donald Trump disrupts world commerce with his fast-changing tariffs and other policies.

Associated Press Finance 2 hours ago
Traders Slash RBA Easing Bets as US-China De-Escalate on Tariffs

(Bloomberg) -- Traders are winding back bets on aggressive monetary easing by Australia in a cascading effect from the US and China agreeing to temporarily lower tariffs on each other’s products.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits T

Bloomberg 2 hours ago

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AP Top Extended Financial Headlines at 2:35 a.m. EDT

The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world's two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump imposing steep tariffs and Beijing retaliating

Associated Press Finance 3 hours ago
AP Top Financial News at 2:35 a.m. EDT

US touts 'substantial progress' in tariff talks with China, but details are still scarce

Associated Press Finance 3 hours ago
India considers counter duties on US products, notice to WTO shows

India is looking at levying import duties on some products made in the United States to counter Washington's tariffs on steel and aluminium products, a document submitted to the World Trade Organization shows. "The proposed suspension of concessions or other obligations takes the form of an increase in tariffs on selected products originating in the United States," the document dated May 12 said. It did not say what kind of products might be subjected to tariffs.

Reuters 3 hours ago
Goldman Raises S&P 500 Targets on Lower Tariff, Recession Risks

(Bloomberg) -- Goldman Sachs Group Inc. lifted its US stock targets, as the easing of trade tensions between the US and China fuels a comeback of the “Buy America” trade.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays W

Bloomberg 3 hours ago

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Watch These Nike Levels as Stock Jumps on US-China Tariff Agreement

Nike shares surged more than 7% on Monday after the U.S. and China agreed to suspend massive tariffs on one another for 90 days. Monitor these crucial chart levels.

Investopedia 3 hours ago

NKE
Asian stocks stall, dollar wobbles as trade optimism fizzles

TOKYO (Reuters) -A rally in Asian stocks ran out of steam and the dollar stuttered on Tuesday as resurgent worries about U.S. President Donald Trump's trade policies and their impact on the global economy kept risk sentiment in check. Futures for S&P 500 and Nasdaq were also slightly lower in Asia's afternoon, underscoring the cautious mood in the markets. "When all is said and done, tariffs will still be dramatically higher and will weigh on U.S. growth."

Reuters 4 hours ago

^GSPC
Rising Yields Fray Nerves Going Into Japan’s 30-Year Bond Sale

(Bloomberg) -- Traders are jittery going into Japan’s auction of 30-year government bonds Tuesday for any signs of a deepening selloff in the securities. Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays Wary on Immigrati

Bloomberg 4 hours ago

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Asian shares are mixed as euphoria over China-US trade truce fades

Asian shares were mixed Tuesday as the initial euphoria over the 90-day truce in the trade war between the United States and China faded, as analysts warned President Donald Trump’s policies could still quickly change. The United States said in a joint statement with China that it will cut tariffs on Chinese goods to 30% from as high as 145%. China, meanwhile, said its tariffs on U.S. goods will fall to 10% from 125%.

Associated Press Finance 5 hours ago

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^RUT
Asian shares are mixed as euphoria over China-US trade truce fades

Asian shares were mixed Tuesday as the initial euphoria over the 90-day truce in the trade war between the United States and China faded, as analysts warned President Donald Trump’s policies could still quickly change. The United States said in a joint statement with China that it will cut tariffs on Chinese goods to 30% from as high as 145%. China, meanwhile, said its tariffs on U.S. goods will fall to 10% from 125%.

Associated Press 5 hours ago

COMP

^RUT
Take Our Poll: Do You Think Tariffs Are Good or Bad for Americans?

President Donald Trump has begun enacting -- and pausing -- tariffs on America's trade partners. Since he took office Jan. 20, Americans have witnessed dozens of tariff events -- the latest being...

GOBankingRates 5 hours ago
Fund manager has extremely blunt words on China tariff news

One investing expert has a strong message on the recent trade war decision.

TheStreet 6 hours ago
Dollar holds gains, yuan jumps from US-China trade pact

SINGAPORE (Reuters) -The dollar retreated slightly on Tuesday but held most of its gains on lingering optimism over a tariff deal between the United States and China, which tapped the brakes on a trade war between the world's two largest economies. "It's way better than the market was expecting," said Rodrigo Catril, senior FX strategist at National Australia Bank. China's yuan scaled a six-month high, peaking at 7.1855 per dollar, which in turn lifted the Australian and New Zealand dollars.

Reuters 6 hours ago
Xi Defiance Pays Off as Trump Meets Most China Trade Demands

(Bloomberg) -- Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays Wary on ImmigrationAfter two days o

Bloomberg 6 hours ago

MS

MS-PQ
Australia consumer sentiment recovers partially from tariff blow

SYDNEY (Reuters) -A measure of Australian consumer sentiment partially rebounded in May as the initial shock of U.S. President Donald Trump's tariff war faded a little, an improvement that should be underpinned by the latest truce with China. A Westpac-Melbourne Institute survey showed on Tuesday its main index of consumer sentiment bounced 2.2% in May, retracing some of the 6.0% dive suffered in April when Trump first announced his "reciprocal" tariffs. Matthew Hassan, Westpac's head of Australian macro-forecasting, said overall sentiment got a modest boost from the clear victory of the Labor government in a national election on May 3.

Reuters 6 hours ago

WEBNF
Stock market surges after bombshell China tariff announcement

The stock market surged higher after the latest U.S.-China trade war

TheStreet 6 hours ago
BOJ upbeat on wages despite US tariffs, sees scope to resume rate hikes

TOKYO (Reuters) -The Bank of Japan expects wages and prices to keep rising even as the uncertainty over U.S. tariff policy weighs on the economy, its deputy governor Shinichi Uchida said on Tuesday, signalling the bank's resolve to maintain its rate-hike stance. While U.S. tariffs are likely to hurt Japan's economic growth, the BOJ will continue to raise interest rates if the economy and prices improve after a period of stagnation, as the board projects, Uchida told parliament. The BOJ will scrutinise the economic fallout from U.S. trade policy "without pre-conception" as uncertainty surrounding the outlook was extremely high, Uchida added.

Reuters 6 hours ago
Warm weather and Easter weekend boosted UK spending in April, says Barclays

Consumers shrugged off anxiety over effect of US tariffs as card spending grew by 4.5% year on year

The Guardian 8 hours ago
Tariffs may have pushed up inflation a bit in April, government report to show

Inflation may have picked up slightly last month as President Donald Trump's widespread tariffs kicked in, a trend economists expect will become more visible in the coming months. Consumer prices are forecast to have risen 2.4% in April compared with a year earlier, according to data provider FactSet, the same as in March and down from 3% at the start of the year. Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries.

Associated Press Finance 8 hours ago
Dow jumps more than 1,000 points after U.S. and China announce tariff truce

Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.

CBS News 8 hours ago
Temu and Shein are in a tricky spot — but it's mostly good news

Temu and Shein weren't included in the tariff loosening, but they'll be OK.

Business Insider 8 hours ago
Autodesk (ADSK) Increases Yet Falls Behind Market: What Investors Need to Know

In the most recent trading session, Autodesk (ADSK) closed at $293.20, indicating a +1.99% shift from the previous trading day.

Zacks 8 hours ago

ADSK
U.S., Chinese Markets Cruise on Cooling Trade Tensions

With all the market ups and downs, today's big surge into the green has brought the S&P 500 within 5% of its all-time trading high.

Zacks 9 hours ago

^GSPC
Jon Voight, Hollywood coalition asks Trump to consider tax incentives

Along with Voight, the letter was signed by Sylvester Stallone and Teamsters union general president Sean O'Brien, among others. Voight and Stallone were also appointed by Trump as special ambassadors to Hollywood to strengthen the industry and bring filmmaking back to the country.

Reuters 9 hours ago
High Tide Inc. (HITI) Stock Declines While Market Improves: Some Information for Investors

High Tide Inc. (HITI) concluded the recent trading session at $2.37, signifying a -1.25% move from its prior day's close.

Zacks 9 hours ago
Zoom Communications (ZM) Gains But Lags Market: What You Should Know

Zoom Communications (ZM) closed the most recent trading day at $82.67, moving +1.67% from the previous trading session.

Zacks 9 hours ago
Intuit (INTU) Gains But Lags Market: What You Should Know

Intuit (INTU) closed the most recent trading day at $662.30, moving +1.29% from the previous trading session.

Zacks 9 hours ago

INTU
Chewy (CHWY) Stock Declines While Market Improves: Some Information for Investors

In the closing of the recent trading day, Chewy (CHWY) stood at $39.48, denoting a -0.23% change from the preceding trading day.

Zacks 9 hours ago

CHWY
Can Trump really bring down drug prices?

On Monday, President Trump signed an executive order aimed at making pharmaceutical companies charge their US customers no more than the lowest cost offered to buyers in other developed countries. It's sure to face challenges.

Yahoo Finance 9 hours ago
Nvidia stock surges after surprising China trade war news

The AI leader could finally be about to get long-awaited good news.

TheStreet 9 hours ago

NVDA
Trading Day: Tariff truce a market 'game changer'

Relief and optimism coursed through world markets on Monday, putting a fire under stocks, the dollar and bond yields as U.S.-China tariff talks struck a surprisingly cooperative chord and raised hopes that the worst of the global trade crisis is over. In my column today I look at the Fed's more cautious, reactive approach to policymaking than many of its peers, who are cutting interest rates. U.S. and China reach deal to temporarily slash tariffs,easing slump fears 2.

Reuters 9 hours ago

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From price hikes to boosting US production, heres how automakers are responding to Trump's tariffs

Car companies like Ford and Dodge-owner Stellantis are responding to Trump's auto tariffs with discounts, fees, and production stoppages.

Business Insider 10 hours ago
S&P 500 Gains & Losses Today: Markets Surge After US, China Agree to Slash Tariffs

The S&P 500 climbed by 2.8% on Monday, May 12, 2025 as investors reviewed the trade deal between the U.S. and China that significantly reduces tariffs for 90 days as negotiations continue.

Investopedia 10 hours ago

^GSPC

NRG
Mercedes to add GLC SUV production at Alabama plant

DETROIT (Reuters) -Mercedes executives on Monday said the company will add production of its GLC SUV for North America at its plant in Tuscaloosa, Alabama. Earlier this month, the German automaker said it would bring a new vehicle to the Alabama plant in 2027 that would "deepen our commitment to the U.S." Foreign-made autos have been a main focus of President Donald Trump's global trade war.

Reuters 10 hours ago
Why SoundHound AI Stock Skyrocketed Today

The U.S. and China agreed to a major de-escalation of trade tensions. The voice AI company relies on hardware that is exposed to tariffs between the two countries. Despite positive short-term developments, I have concerns about SoundHound's long-term competitive advantage.

Motley Fool 10 hours ago

SOUNW

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Amazon, Meta lead 'Magnificent 7' stock surge on temporary US-China trade truce

Amazon and Meta stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.

Yahoo Finance 10 hours ago

META

NVDA
Recession Fears Fade After Tariff Agreement With China

Forecasters downgraded the predicted chances of a recession after Monday's surprise trade deal between the U.S. and China, but the economy isn't out of the woods just yet.

Investopedia 10 hours ago
Does the Stock Rally Have Legs? Here’s a Key Level One Expert Is Watching

The S&P 500 on Monday was on track to close above its 200-day moving average, a key technical support level that could set the index up for further gains.

Investopedia 10 hours ago

^GSPC

LPLA
What's next with Trump's trade war truce with China

President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief. The Trump administration agreed after talks this weekend in Switzerland to pare back its 145% in tariffs charged on imports from China to 30%. The Chinese government chose to reduce its retaliatory import taxes on U.S. goods from 125% to 10% while the sides continue to negotiate.

Associated Press Finance 10 hours ago
Trump Says China Agreed to Roll Back Non-Tariff Barriers

(Bloomberg) -- US President Donald Trump said China had agreed to remove non-tariff barriers to US imports as he announced a deescalation of his trade war with Beijing, suggesting even greater concessions could be in store if talks progress.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign To

Bloomberg 10 hours ago

AAPL
House Republicans target clean energy tax credits and pollution rules in budget proposal

House Republicans are calling for billions of dollars in funding cuts for Biden-era climate and environmental programs, including clean energy tax credits, as lawmakers seek to reverse what one GOP leader called “the most reckless parts of the engorged climate spending" approved under former President Joe Biden. Environmental groups warned the proposals would pave the way for more oil and gas industry activity on public lands and increase planet-warming greenhouse gas emissions in the United States.

Associated Press Finance 10 hours ago
Mattel's Plea for Lower Tariffs Pays Off and the Stock Pops

Tariffs on imports from China have been cut from 145% to 30% for the next 90 days, which reduces a major headwind for importers. The market was on fire early on Monday after President Donald Trump announced the reduction of tariffs on Chinese imports from the self-imposed 145% to 30%, for at least the next 90 days. Mattel (NASDAQ: MAT) was a big winner, rising 11.1% at its peak and holding a 10.2% gain at 3:45 p.m. ET after being in the president's crosshairs.

Motley Fool 10 hours ago

MAT

BBY
Commentary: Trump's millionaire tax isn't enough

President Trump now backs a "tiny" tax on the wealthy. He should go further.

Yahoo Finance 10 hours ago
Parents face price hikes on strollers and car seats as tariffs bite retailers

Currently, 97% of strollers and 87% of car seats are imported from China.

Fortune 10 hours ago
How to Think About the Stock Market When Earnings Guidance Becomes Meaningless

The trade war puts profit outlooks by companies on shaky ground, and with them the S 500’s valuation.

The Wall Street Journal 10 hours ago

^GSPC
Is the Stock Market Out of the Woods After US-China Tariff Relief?

The U.S. and China on Monday announced a 90-day pause on most tariffs blocking trade between the world's two largest economies. Analysts say the agreement gives Wall Street plenty to celebrate, but that tariff-related risks remain.

Investopedia 10 hours ago
The Dow surges 1,100 points and the Nasdaq soars as the U.S. and China call a trade war truce

U.S. stocks soared Monday after Washington and Beijing struck a surprise deal to dramatically cut tariffs, marking a rare moment of clarity and good news in an otherwise volatile environment.

Quartz 10 hours ago

^DJI
Dow soars 1,100 points after Trump team and China dramatically lower tariffs

US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession.

CNN Business 10 hours ago

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How major US stock indexes fared Monday, 5/12/2025

U.S. stocks leapt after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%.

Associated Press Finance 10 hours ago

COMP

^GSPC
How major US stock indexes fared Monday, 5/12/2025

U.S. stocks leapt after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%.

Associated Press 10 hours ago

COMP

^GSPC
Tech stocks are back in a bull market as Nvidia and Tesla soar

The Nasdaq 100 ended Monday's session in bull market territory after the US and China agreed to lower tariffs for 90 days.

Business Insider 2 hours ago
Stocks surge after U.S. and China agree to 90 day tariff reduction, Apple up over 6%

Markets soared on the news, though exact details still have to be ironed out.

Fortune 10 hours ago
Stock market today: Dow jumps 1,100 points, S&P 500 and Nasdaq surge after US-China tariff rollback triggers buying spree

US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place.

Yahoo Finance 10 hours ago

NVDA

^GSPC
Why Heavy Equipment Stocks Gained Ground Today

Investors need to remember there were questions about end markets even prior to the tariff announcements, and the shares could take time to fully recover. Over the weekend, the United States and China laid out the framework for a trade deal and suspended some of the most onerous tariffs imposed by the two countries. It isn't a done deal yet, but shares of heavy equipment companies that were facing a two-sided blow from the tariffs are rallying on the news.

Motley Fool 10 hours ago

DE

CAT
Wall Street's worst fears over Trump's trade war just faded

Wall Street strategists consider the 90-day pause on tariffs between the US and China to be a better outcome than investors had anticipated.

Yahoo Finance 10 hours ago

^SPX

SPY
Dow closes up 1,160 points as US and China agree to slash tariffs

U.S. stocks closed significantly higher on Monday in the first trading session after the U.S. and China announced an agreement to slash tariffs for 90 days as the world’s two largest economies negotiate a wider trade deal. The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%.

ABC News 10 hours ago
Sen. Paul points to business-sector resistance to Trump's tariffs in solidly red Kentucky

In solidly Republican Kentucky, resistance to President Donald Trump's trade wars has sprung up from a cross-section of key business sectors, GOP Sen. Rand Paul said Monday. Paul said he's heard concerns from agriculture, the auto sector, bourbon production, home building and package shipping in response to Trump's aggressive use of tariffs. Paul — among the few GOP senators willing to challenge Trump on tariffs — met with a group of Louisville business leaders on Monday.

Associated Press Finance 11 hours ago
6 Ways Trump’s Tariffs Make the American Dream More Expensive

Owning a home and a car and raising a family in comfort are key aspects of the American Dream, but tariffs could drive prices up too far for families to afford.

GOBankingRates 11 hours ago
The tariff strategy is backfiring and small businesses are the collateral damage

Tariffs are a quiet tax that hurts small businesses already facing rising costs, broken supply chains, and labor pressure.

Fortune 11 hours ago
Oil Leads Commodity Rally After US-China Truce as Gold Retreats

(Bloomberg) -- Oil and most other commodities powered higher, while gold fell, after China and the US ratcheted down trade tensions that had threatened to slash demand for raw materials. Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on

Bloomberg 11 hours ago

CVX

RUN
Traders See Fed Cutting Rates Just Twice in 2025 on Cooling Trade War

(Bloomberg) -- Traders lowered their bets on the Federal Reserve’s interest-rate cuts this year, pricing in just two reductions for 2025 after the US and China agreed to cut tariffs and moderate their trade war.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA

Bloomberg 11 hours ago

C
Ethereum Heats Up to Lead Crypto Higher

The tariff reduction between the U.S. and China has caused a "risk-on" trade for the market and that's pushing cryptocurrencies higher. Upgrades to Ethereum have helped that token be one of the hottest on the market over the past week. The crypto market has been on a tear over the past week and had a great weekend as news broke that tariffs would be reduced between the U.S. and China.

Motley Fool 11 hours ago
Bitcoin Falls Below $102K; Easing of Tariff Risk Could See More Underperformance

After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.

CoinDesk 11 hours ago
Despite tariffs, car prices aren’t shooting up. That’s not necessarily a good thing

Tariffs are costing automakers billions, but they’ve announced little in the way of car price hikes. While that’s good for car buyers, it’s not necessarily good for the American economy.

CNN Business 11 hours ago
Dollar surges on US-China trade deal, but Deutsche Bank sees reason for caution

Investing.com – The dollar surged on Monday, underpinned by a jump in Treasury yields amid optimism that the U.S.-China trade deal would avert a tariff-led recession, but Deutsche Bank argues that the recent trade agreements are more beneficial to the rest of the world, likely keeping the greenback’s upside in check.

Investing.com 11 hours ago
What a Big Walmart Bull Expects From the Retail Giant's Earnings

Bank of America analysts anticipate slightly higher e-commerce sales growth, and slightly lower same-stores growth, than the Wall Street consensus.

Investopedia 11 hours ago

WMT
US businesses that rely on Chinese imports express relief and anxiety over tariff pause

American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. Many businesses delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China.

Associated Press Finance 11 hours ago
Trump says China deal will open up market for US businesses

President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.

Fox Business 11 hours ago
Stanley Black & Decker Stock Among Biggest S&P 500 Gainers on Tariff Relief

Shares of Stanley Black & Decker surged 16% on Monday, making the stock one of the biggest winners in the S&P 500 amid a broad market rally following news of tariff easing.

Investopedia 11 hours ago

SWK

^GSPC
April CPI report expected to show first signs of Trump tariffs' inflationary impact

Economists expect April's Consumer Price Index (CPI) release to show the first signs of President Trump's tariffs boosting inflation on certain products.

Yahoo Finance 12 hours ago

^GSPC

QQQ
Economic outlook brightens, recession odds fall after US-China tariff deal

US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days.

USA TODAY 12 hours ago
Higher prices, falling incomes: A Fed governor says the tariff pain isn't over yet

The trade war agreement won’t be enough to avoid price hikes, a Federal Reserve governor said Monday.

Quartz 12 hours ago
Here's Why GE HealthCare Stock Blasted Higher Today

An improving U.S./China trading relationship could lift GE HealthCare's earnings outlook. The company is an exporter to China and also sources components from the country. A thawing in the U.S./China trading relationship is excellent news for a company like GE HealthCare Technologies (NASDAQ: GEHC).

Motley Fool 12 hours ago
Thermo Fisher, Biogen, Gilead Sciences, Moderna, and QuidelOrtho Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

GILD

TMO
Waters Corporation, Avantor, Azenta, Bio-Techne, and Elanco Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

WAT

TECH
Robert Half, TransUnion, Ziff Davis, ManpowerGroup, and Lucid Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

TRU

LCID
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion

(Reuters) -The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday. Treasury reported that customs duties in April totaled $16 billion, about a $9 billion increase from the year-earlier period and far eclipsing the previous record of $9.6 billion two years earlier. The jump occurred during a month in which President Donald Trump boosted tariffs on Chinese goods to as much as 145% while slapping at least 10% levies on imports of goods from other countries.

Reuters 12 hours ago
Whirlpool, Avery Dennison, International Paper, TopBuild, and LGI Homes Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

IP

LGIH
Neogen, Dentsply Sirona, Acadia Healthcare, Universal Health Services, and Mettler-Toledo Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

NEOG

XRAY
Repligen, Bruker, Agilent, Medpace, and Revvity Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 12 hours ago

BRKR

A
Solventum, Envista, ICU Medical, Globus Medical, and Enovis Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 13 hours ago

ENOV

ICUI
Rogers, Enviri, 3M, Gates Industrial Corporation, and Helios Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 13 hours ago

GTES

ROG
Covenant Logistics, Landstar, Norfolk Southern, Schneider, and Werner Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.

StockStory 13 hours ago

NSC
EU analysing U.S.-UK trade deal for impact on EU, global trade

BRUSSELS (Reuters) -The European Commission is analysing the trade deal struck last week between the United States and Britain for implications for the 27-nation European Union and global trade, European Economic Commissioner Valdis Dombrovskis said on Monday. The United States and Britain announced a deal to lower tariffs on some goods last Thursday, with U.S. levies on cars and steel being cut and both sides gaining better access to agriculture markets. "We are currently closely analysing the content... to assess its ...potential implications particularly as regards any effects on EU interests or the global broader global trade environment," Dombrovskis said.

Reuters 13 hours ago
US Tariff Revenue Jumped in April, Before China De-Escalation

(Bloomberg) -- The US collected a record amount of revenue from tariffs in April, helping to limit a further widening of the budget deficit, though President Donald Trump’s search for trade deals with targeted nations may scale back future amounts collected.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% D

Bloomberg 13 hours ago

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