ASHEVILLE, N.C.—U.S. Treasury Secretary Scott Bessent arrived here to host global economic officials in the Blue Ridge Mountains, fresh off the breakdown of trade talks with Canada, currency and bond-market interventions, and President Trump’s renewed economic threats against Iran. Treasury Secretary Scott Bessent, center, Federal Reserve Chairman Kevin Warsh, JPMorgan Chase CEO Jamie Dimon and…
A general view of the office building of Baidu is in Pudong, Shanghai, on Feb. 9, 2026. Ying Tang | Nurphoto | Getty Images The Pentagon added a slew of Chinese companies, including Alibaba Group, Baidu Inc and carmaker BYD, to a list of entities it believes have aided the Chinese military, complicating the fragile…
U.S. President Donald Trump’s summit with Chinese counterpart Xi Jinping could hinge on two key tech flashpoints — critical minerals and market access for American companies. The much-anticipated bilateral meeting between the two countries that were locked in a tariff standoff just a year ago began on Thursday, with warm words exchanged between the two…
Aung Min Tun drives a delivery van up to 500 miles a day, so he was thrilled when gasoline prices started to drop after President Trump took office last year. Overnight this week, he watched them rise to $3.39 a gallon from about $3.00 at gas stations he visited in Illinois. President Donald Trump speaks…
The Port of Los Angeles is seen from the Goodyear Blimp on Thursday, Dec. 11, 2025 in Los Angeles, CA. Juliana Yamada | Los Angeles Times | Getty Images New data from the Port of Los Angeles shows that commitments made by China to buy more U.S. agricultural products as part of a trade bargain…
British Prime Minister Keir Starmer attends a ceremonial welcome with Li Qiang, Premier of the People’s Republic of China, ahead of their meeting at the Great Hall of The People during his visit to China, on January 29, 2026 in Beijing, China. Carl Court | Getty Images News | Getty Images The geopolitical tectonic plates…
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said Wednesday that he had a “long and thorough call” with…
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
The impact of President Donald Trump‘s tariffs continues to rip through the logistics and transportation sectors, with major ports experiencing a steep drop in imports after records were set earlier this year, and volumes throughout the supply chain rolling over. For the first time in 2025, rates for van, flatbed, and refrigerated loads in October…
The markets are ending the week on a low note as the global selloff continued in Asia and Europe this morning, prompted by rising uncertainty stemming from the U.S. economy. Doubts about a much-anticipated December interest rate cut from the Fed are mounting, with the likely outcome obscured by patchy data after Washington’s government shutdown….