[# item_content] If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade… Read More »China Says Its Own Consumers Will Save the Day. But They’re Not Buying.
[# item_content] A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere. NYT > Business�
[# item_content] The bloc was about to enact retaliatory tariffs when President Trump made his last-minute U-turn. What comes next is unclear. NYT > Business�
[# item_content] The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger. NYT > Business�
[# item_content] Policymakers and economists say the latest data is only a temporary reprieve as tariffs risk stoking higher inflation. NYT > Business�
[# item_content] While retirees and others fretted about their portfolios, some members of Gen Z and younger millennials kept calm and bought the dip. NYT > Business�
[# item_content] A broad variety of products made in China, including toys, clothing and electronics, may cost more. Shoppers could also see an impact from other tariffs. NYT… Read More »How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
[# item_content] Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster. NYT > Business�
[# item_content] Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies. NYT > Business�
[# item_content] Markets in Japan, South Korea and Taiwan soar after the U.S. president pauses punishing tariffs. Gains in mainland China were modest as trade hostilities heat… Read More »Stocks Jump in Asia After Trump’s Tariff Reprieve