President Trump has given allies and trade partners mixed signals on his approach to trade, announcing tariffs on Canada and China and backing off of tariffs on Mexico for another month. Democratic strategist Cornell Belcher breaks down the latest polling on Trump’s economy so far,
China Struggles to Shake Off Disinflationary Pressures as Trade Threats Loom
Major U.S. stock indexes declined sharply on Thursday with investors concerned about the impact President Donald Trump's trade policy may have on companies and the broader economy, while Marvell Technology's revenue forecast sparked concerns about spending on artificial intelligence infrastructure.
Economic forecasts have been weakening. While some see slower growth, several commentators see the chance of an outright recession rising this year.
European and Asian shares were mostly lower Tuesday after a new round of tariffs imposed by U.S. President Donald Trump took effect. China hit back at Washington's move to raise tariffs by 20% across the board with higher duties of up to 15% on U.
Wall Street’s sell-off kicked back into gear after tariff whiplash and falling AI stocks dragged the market lower.