The United States is aiming for a possible extension of the tariff pause with China, US Trade Representative Jamieson Greer said in a television interview released on Sunday. Confronted by a CBS News journalist with claims from the Chinese side that the current deadline of August 12 would be postponed, Greer said: “That’s something we’re…
At a time when strategists across Wall Street are dialing back their recession probabilities, Peter Berezin of BCA Research is doubling down. President Donald Trump’s 90-day tariff pause was enough to ease the worries of some investors, but the chief global strategist at BCA has maintained his bearish outlook. While Berezin has lowered his recession…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Rep. Marjorie Taylor Greene is one of the more frequent stock traders in Congress. Just before Trump’s tariff pause sent markets soaring, she bought thousands of dollars in stock. Democrats have speculated that some…
US stocks plunged on Thursday, reversing a portion of their historic gains from Wednesday, as concerns over global trade war continue to rattle Wall Street.The S&P 500 index was down 3 per cent in early trading, following Wednesday’s dramatic 9.5 per cent rally, its third-best performance since 1940. The Dow Jones Industrial Average followed a…
Capping a day dominated by a back-and-forth between the US and China, Donald Trump on Wednesday made two major announcements on tariffs, giving all other countries a breather but doubling down on his tough stance on Beijing. After the US raised tariffs on China to 104%, Beijing retaliated, announcing that it will impose a levy…