tariffs

Despite a powerful 22% surge in the S&P 500 since the April lows—driven by easing U.S.-China trade tensions and a 90-day pause on new tariffs—only half of the index’s stocks have managed to rise above their 200-day moving average, indicating a market rally that remains potentially...

The Port of Los Angeles, one of the largest import gateways in the U.S., has issued a warning that the recent reduction in tariffs on Chinese goods may not be enough to reverse the declining cargo volume. What Happened: Cargo volumes at the Port of Los Angeles have been on a downward trend. To...

Renowned economist Peter Schiff has issued a stark warning about the U.S. trade deficit, asserting that without the implementation of high tariffs, the only path to significantly reduce the deficit is through a major decline in the value of the U.S. dollar. What Happened: In a post on X, Schiff...

Editor’s Note: This story has been updated to include the latest data. U.S. stock futures reversed early losses to trade in the green during Wednesday's premarket session, following a mixed finish on Tuesday. The S&P 500 and Nasdaq 100 indices turned positive for the year after Tuesday...

Tesla Inc. (NASDAQ:TSLA) is reportedly preparing to restart the shipping of components from China to the U.S. for the production of its Cybercab and Semi trucks. This move follows a recent truce over tariffs between the U.S. and China. What Happened: The tariff truce, announced...

The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London’s ongoing efforts to rebuild its relations with Beijing. What Happened: The trade pact, which imposes strict security...

Prominent financial analyst Gordon Johnson has ignited discussion on social media, suggesting that a potential “Liberation Day 2.0” – an event triggering a significant equity market downturn – could be imminent. What Happened: The CEO and Founder at GLJ Research, LLC, Johnson’s...

Wharton Professor of Finance and WisdomTree Senior Economist Jeremy Siegel says the U.S.-China trade deal was a lot better than anyone was anticipating, and he expects it to stay that way. What To Know: The U.S. and China agreed to a temporary trade deal over the weekend in which U.S. tariffs on...

Entertainment and technology company Sony Group Corp (NYSE:SONY) could highlight an upcoming television and movie slate along with potential higher prices for PlayStation video game consoles due to tariffs when the company reports fourth-quarter financial results before market open Wednesday....

Markets rallied hard on Monday as the US/China trade war was put on a 90-day timeout. While tariffs of up to 30% remain in place on a large percentage of Chinese imports, the most crippling ones were removed, and the S&P 500 jumped more than 3%. But the tariff reset is not the only thing...

Goldman Sachs raised targets for the S&P 500 Index while trimming recession odds and delaying Federal Reserve rate cut forecasts. What Happened: In a note shared Tuesday, equity strategist David J. Kostin said the investment bank now expects the S&P 500 to climb to 6,500 over the next 12...

In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between the U.S. and China. He also pledged economic support to LatAm and Caribbean countries and called for the region to...

Consumer prices in the U.S. eased faster than expected in April, with fresh tariffs introduced by President Donald Trump appearing not to have a swift and tangible impact on the cost of living. The Consumer Price Index (CPI) was 2.3% higher compared to a year ago, the Bureau of Labor Statistics...

Jim Cramer believes that a consistent flow of trade agreements is crucial to bolstering market confidence and allaying fears of both recession and a surge in inflation. What Happened: In a recent post on X, Cramer asserted that a “steady drip of trade deals” might be the key ingredient...

U.S. stock futures fell on Tuesday after a stellar rally on Monday. Futures of major benchmark indices were trading lower in premarket. Tech, consumer discretionary, and communication services led Monday’s rally as stocks surged on the tariff truce with China. President Donald Trump signed...