Tariffs and global trade

Chinese President Xi Jinping hugs Brazilian President Luiz Inacio Lula da Silva after delivering his opening speech for the opening ceremony of the Fourth Ministerial Meeting of the Forum of China and Community of Latin American and Caribbean States at China National Convention Center in Beijing, Tuesday, May 13, 2025. (AP Photo/Andy Wong)

China seeks a united front with Latin America in countering Trump’s trade war

A day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate, China is moving to strengthen its alliances as a counterweight to President Donald Trump’s trade war.
3 hours ago
World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala, left, shakes hands with Japan's Prime Minister Shigeru Ishiba at the latter's office in Tokyo Tuesday, May 13, 2025. (Kazuhiro Nogi/Pool Photo via AP)

World trade chief says global free trade is in a ‘crisis’ while on visit to Japan

6 hours ago
A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)

Tariffs may have pushed up inflation a bit in April, government report to show

1 hour ago
President Donald Trump answers a reporter's question during an event in the Roosevelt Room at the White House, Monday, May 12, 2025, in Washington. (AP Photo/Mark Schiefelbein)

What’s next with Trump’s trade war truce with China

Yesterday
Sen. Rand Paul, R-Ky., speaks during the Senate Committee on Health, Education, Labor and Pensions hearing on the nomination of Martin Makary to serve as Commissioner of Food and Drugs at the Department of Health and Human Services, on Capitol Hill Thursday, March 6, 2025, in Washington. (AP Photo/Jose Luis Magana, file)

Sen. Paul points to business-sector resistance to Trump’s tariffs in solidly red Kentucky

Yesterday

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

Yesterday
Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province on Thursday, April 17, 2025. (AP Photo/Ng Han Guan)

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

Yesterday
U.S. Trade Representative Jamieson Greer, left, and U.S. Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP)

Here’s a look at the sectors getting a boost from the truce in the US-China trade war

Yesterday
US Trade Representative Jamieson Greer, left, and US Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP)

US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause

Yesterday
Trader Americo Brunetti works on the floor of the New York Stock Exchange, Monday, May 12, 2025. (AP Photo/Richard Drew)

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

Yesterday
An ice cream vendor pushes his cart past Puerto Rico's Capitol building in San Juan, Puerto Rico, Thursday, May 8, 2025. (AP Photo/Alejandro Granadillo)

Puerto Rico seeks to lure manufacturing to boost its economy as Trump’s tariff war deepens

Yesterday
Vice minister of Finance Liao Min, left, gestures toward a journalist at a news conference at the Chinese mission to the World Trade Organization in Geneva, Switzerland, Sunday, May 11, 2025, alongside Vice Premier He Lifeng and Li Chenggang, vice minister of commerce. (AP Photo/Jamey Keaten)

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

May 11

How US-China tariffs reached sky-high levels in 3 months

May 10
Switzerland's Economy Minister Federal Councillor Guy Parmelin, left, shakes hands with Chinese Vice Premier He Lifeng, right, next to Switzerland's President Karin Keller-Sutter, center, during a bilateral meeting between Switzerland and China, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP, Pool)

US-China tariff talks to continue Sunday, an official tells AP, as Trump touts ‘great progress made’

May 11
A collection of Barbie dolls are placed into a cart in Bowling Green, Ky., on Tuesday, Dec. 7, 2021. (Grace Ramey/Daily News via AP, File)

Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war

May 9
Switzerland's President Karin Keller-Sutter, US Secretary of the Treasury Scott Bessent, US Trade Representative Jamieson Greer and Switzerland's Economy Minister Federal Councillor Guy Parmelin, left and right, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)

Swiss president hopes ‘Holy Spirit’ might guide US-China weekend talks in Geneva over tariffs

May 9
President Donald Trump speaks at an event for Military Mothers, Thursday, May 8, 2025, in the East Room of the White House in Washington. (AP Photo/Jacquelyn Martin)

As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims

May 10
Specialist Michael Pistillo, left, works with traders Ryan Falvey, center, and Niall Pawa on the floor of the New York Stock Exchange, Friday, May 9, 2025. (AP Photo/Richard Drew)

Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade

May 9
A container ship sails off a port in Qingdao in east China's Shandong province on Wednesday, May 7, 2025. (Chinatopix Via AP)

China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade

May 9
President Donald Trump, center, with from l-r., Commerce Secretary Howard Lutnick, Vice President JD Vance, and Britian's ambassador to the United States Peter Mandelson, making remarks on a trade deal between U.S. and U.K. in the Oval Office of the White House, Thursday, May 8, 2025, in Washington. (AP Photo/Evan Vucci)

What’s in the US-UK trade deal? A broad agreement with limited details

May 8
Workers walk by as shipping containers are stacked at Jakarta International Container Terminal (JICT) at Tanjung Prior Port in Jakarta, Indonesia, Friday, April 11, 2025.(AP Photo/Tatan Syuflana)

Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here

Yesterday
European Commission President Ursula Von der Leyen delivers her speech on EU support for peace in Ukraine, Wednesday, May 7, 2025 at the European Parliament in Strasbourg, eastern France. (AP Photo/Antonin Utz)

The EU publishes a US product hit list and prepares for WTO action against Trump’s tariffs

May 8
President Donald Trump, center, with from l-r., Commerce Secretary Howard Lutnick, Vice President JD Vance, and Britian's ambassador to the United States Peter Mandelson, making remarks on a trade deal between U.S. and U.K. in the Oval Office of the White House, Thursday, May 8, 2025, in Washington. (AP Photo/Evan Vucci)

Trump keeps 10% tariffs on UK but cuts taxes on British autos, steel and aluminum with trade deal

May 8
Daniel McRae unloads a bag of harvested geoduck clams from his brother, Derrick McRae, on their boat near Illahee State Park in Bremerton, Wash., on Tuesday, April 22, 2025. (AP Photo/Lindsey Wasson)

How a Chinese delicacy got caught in the crossfire of Trump’s trade war

May 8
U.S. President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, June 29, 2019. (AP Photo/Susan Walsh, File)

The more Trump talks about making trade deals, the more confusing the tariff picture gets

May 8
Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Wednesday, May 7, 2025. (AP Photo/Richard Drew)

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

May 7
A man with an umbrella passes by China's central bank also known as People's Bank of China, in Beijing, Thursday, July 25, 2024. (AP Photo/Ng Han Guan, File)

China rolls out more stimulus and agrees to trade talks with the US as tariffs hit economy

May 7
Treasury Secretary Scott Bessent testifies before the House Committee on Appropriations, Subcommittee on Financial Services and General Government, oversight hearing of the U.S. Department of the Treasury on Capitol Hill in Washington, Tuesday, May 6, 2025. (AP Photo/Jose Luis Magana)

Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war

May 7
The gas pumping station at Sudzhe, Russia, seen on Jan. 11, 2009. (AP Photo/Sergei Chuzavkov, file)

The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year

May 6
Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

May 6
Britain's Prime Minister Keir Starmer leaves 10 Downing Street to attend the weekly Prime Ministers' Questions session in parliament in London, Wednesday, April 30, 2025. (AP Photo/Kin Cheung)

UK and India sign a ‘landmark’ trade agreement after years of tough negotiations

May 6
Canada Prime Minister Mark Carney and U.S. President Donald Trump engage in a meeting at the White House in Washington, Tuesday, May 6, 2025. (Adrian Wyld/The Canadian Press via AP)

Trump, Carney faceoff in Oval Office leaves gaping differences on tariffs, 51st state

May 6
Trader Michael Capolino, right, works with colleagues on the floor of the New York Stock Exchange, Tuesday, May 6, 2025. (AP Photo/Richard Drew)

US stocks sink again as more companies detail damage they’re taking because of Trump’s trade war

May 6
President Donald Trump, left, poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, June 29, 2019. (AP Photo/Susan Walsh, File)

Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China

May 6
Jim Farley, President and Chief Executive Officer of Ford, speaks at the Ford Motor Company Kentucky Truck Plant to launch the 2025 Ford Expedition, Wednesday, April 30, 2025, in Louisville, Ky. (AP Photo/Carolyn Kaster)

Ford says its Q1 profit fell by two-thirds and it expects a $1.5 billion hit from tariffs this year

May 5
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