By Rene Wagner and Maria Martinez BERLIN (Reuters) -China came close to overtaking the United States as Germany’s largest trading partner in the first half of 2025, preliminary data from the German statistics office showed, as German exports to the U.S. declined amid higher tariffs. German imports and exports with the U.S. totalled about 125…
US stock futures retreated on Friday after President Trump officially hit virtually every US trading partner with sweeping tariff hikes, pushing ahead with his plan to remake the global trade order. Dow Jones Industrial Average futures (YM=F) dropped 0.4%, while those on the S&P 500 (ES=F) also fell 0.4%. Contracts on the tech-heavy Nasdaq 100…
The White House took a step forward with President Trump’s plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates, now formally authorized by executive order, which set levels from 10% to 40% on nearly every global trading partner. The move represents a giant shakeup…