Latest in Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
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Chinese importers’ tactic for beating US tariffs: pile it high
Warehouses have become buffers against political volatilityFinancial Times - 5d -
Faced with Trump's tariffs, some Chinese firms simply relocate
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden.CBS News - 2d -
Chinese-owned factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.CBS News - 2d -
Some Chinese legislators quiet on President Trump's tariffs at annual meeting
China has vowed to retaliate against President Trump's new tariffs. While lawmakers at an annual meeting of China's legislature did not answer questions regarding the tariffs, one of China's ...CBS News - 18h -
Europe Warily Watches U.S.-China Trade War
Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in Washington.The New York Times - 1d -
Trump's trade war wallops stock market
The stock market has suffered through a two-day selloff after President Trump went forward with imposing steep new tariffs on Canada and Mexico. The Dow Jones Industrial Average closed Tuesday with ...The Hill - 1d -
Warren Buffett calls tariffs 'an act of war’
Legendary investor Warren Buffett likened tariffs to "an act of war" in a new interview as President Trump doubles down on his embrace of the economic strategy. In an interview that aired Sunday on ...The Hill - 2d -
What economists get wrong about tariff wars
The history of global trade challenges Ricardo’s enduring economic theoryFinancial Times - 22h -
Trump to meet with Polish president, amid discussions about Ukraine war
Polish President Andrzej Duda is expected to meet with President Trump on the sidelines of the Conservative Political Action conference on Saturday.CBS News - Feb. 21 -
Huawei's tri-foldable phone hits global markets in a show of defiance amid US curbs
Chinese tech giant Huawei has held a global launch for the industry’s first tri-foldable phoneABC News - Feb. 18 -
South Korean defense stocks track gains in global peers amid rising security concerns
Gains among South Korean names were led by Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem and LIG Nex1CNBC - 2d -
China has more room to act on fiscal policy amid global uncertainties, finance minister says
China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.CNBC - 1h -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - Feb. 25 -
Vance blasts Canada on drug trade as tariffs begin
Vice President JD Vance is calling out Canada, suggesting the U.S. ally needs to do more to prevent drugs from entering the country through its border. CBS News' Olivia Rinaldi reports on the ...CBS News - 1d -
Trump’s ‘beautiful’ tariffs will weaken trade and worsen inequality
If Trump continues to focus on increasing consumption taxes as he cuts taxes for the super-rich, the wealth gap will continue to blow up.The Hill - 19h -
5 potential destinations for Seahawks star DK Metcalf amid trade request
Seattle Seahawks star DK Metcalf reportedly requested a trade to a contender. These five NFL teams may make sense for the wideout.Yahoo Sports - 13h -
Trump’s trade war has rattled investors — uncertainty is a call to action
Lack of clarity on what’s ahead should, if we’re smart, enhance our financial-planning skills.MarketWatch - 4d -
US auto industry could be collateral damage in Trump's trade wars
President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industryABC News - 4d -
Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues
Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neighboring nations battle over trade.The New York Times - 2d -
Did Trump start a trade war with Mexico, Canada and China?
President Trump imposed tariffs on Mexico, Canada and China and retaliatory tariffs from those countries are now possible. Paul R. La Monica, a senior markets analysis writer for Barron's, joins ...CBS News - 1d -
China Signals Confidence in Economy Despite Sluggish Growth and U.S. Trade War
As Chinese leaders meet in Beijing, they are striking a confident posture despite serious challenges to the economy and growing pressure from the United States.The New York Times - 1d -
China’s Economic Plan Is Light on Detail as Trade War Intensifies
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.The New York Times - 14h -
Trump’s trade war will hit hardest at home. This is the biggest casualty.
U.S. trading partners will find that American consumers can be replaced.MarketWatch - 11h -
Trade war hangs over China's annual legislature meeting
The trade war between the U.S. and China started as the world's largest legislature was convening in Beijing, with nearly 3,000 delegates gathering. Anna Coren reports.CBS News - 8h -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21 -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 6d -
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.The New York Times - 11h -
China tells Trump it will 'fight till the end' in trade war 'or any other type of war'
China has vowed not to back down from President Trump's escalating tariff war or "any other type of war."The Hill - 18h -
Warren Buffett Rebukes Trump’s Tariffs Plan in CBS Interview: ‘Act of War’
The rebuke of President Trump’s tariff plans came just days before sweeping tariffs on Canada and Mexico were expected to go into effect.The New York Times - 2d -
China threatens war on tariffs as Trump administration weighs adjustments
The Trump administration may be weighing adjustments to the president's tariffs on products affecting particular industries. This comes as China issues a stern warning on social media about waging ...CBS News - 15h -
Apple expands India manufacturing
Also in this newsletter: better-off Indians’ growing reliance on borrowing, and foreign direct investment shrinksFinancial Times - Feb. 21 -
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.The New York Times - Feb. 21 -
Democrats won’t fight Trump’s tariff policies. On trade, Trump is a Democrat.
President Donald Trump's recent trade policy has been met with surprising support from congressional Democrats, despite his protectionist policies being more aligned with progressive Democrats than ...The Hill - Feb. 23 -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 6d -
US and UK in talks on trade deal that could spare Britain from tariffs
Donald Trump says America is looking to forge pact as ‘quickly as it can be done’Financial Times - 6d -
US merchandise trade deficit surges ahead of expected tariff increases
Figures suggest companies are stockpiling goods ahead of levies promised by Donald TrumpFinancial Times - 5d -
China and Canada retaliate after Trump trade tariffs come into effect
Markets tumble as US president’s levies against Canada, Mexico and China come into effect. China and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping ...The Guardian - 2d -
Trade tensions heat up as China and Canada retaliate against U.S. tariffs
China and Canada on Tuesday retaliated against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners.NBC News - 1d