trade war

A beat on earnings, soaring margins, and fresh buyback authorizations weren’t enough for investors of Applied Materials Inc. (NASDAQ:AMAT), as they remain fixated on China, volatility, and a widening guidance. What Happened: Shares of California-based Applied Materials are down 5.83% pre-...

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...

On Tuesday, Nvidia Corp. (NASDAQ:NVDA) CEO, Jensen Huang’s net worth stood at $114 billion, closing in on $120 billion, with the company’s stock rallying by nearly 15% this week, and reentering the $3 trillion market cap club. What Happened: This marks a sharp reversal in fortune for...

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...

In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to boost Apple’s investment in U.S. operations. “I...

President Donald Trump referred to the European Union as “nastier than China” in Monday’s press briefing during the signing of an executive order aimed at lowering prescription drug prices. What Happened: Trump called on Europeans to shoulder more financial...

What Happened: On Monday, Former Treasury Secretary Larry Summers shared highlights on his X account from his appearance on CNN's “The Arena,” where he discussed the Trump administration's move to back off from its “extremely punitive” tariff regime against China. Summers...

The 145% tariff on Chinese imports, previously imposed by President Donald Trump, has reportedly put Walmart and Target supplier’s Huntar Company Inc.’s factory in China at risk of shutting down. What Happened: The tariff, which was effective from April 9, has caused a significant...

On Monday, the U.S. and China agreed to a temporary reduction in most tariffs on each other’s goods, marking a considerable easing of trade tensions. As a result, major tech stocks caught in the trade war, such as Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Nvidia Corp (NASDAQ:NVDA),...

For the first time since the COVID pandemic, zero cargo ships are on their way from China to the two primary ports in California. This sudden halt in trade comes in the wake of the Trump administration imposing substantial tariffs on Chinese imports. What Happened: According to a report, no cargo...

President Donald Trump has expressed a readiness to drastically cut U.S. tariffs on Chinese imports, hinting at a potential 80% tariff as the new rate. What Happened: President Trump is considering a significant reduction in tariffs on Chinese goods. This move is interpreted as an effort...

The U.S. and U.K. are reportedly close to finalizing a trade agreement. This would be the first such pact since the U.S. implemented stringent reciprocal tariffs in April. What Happened: The New York Times reported the development on Wednesday after President Donald Trump hinted to reporters on...

In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment. What Happened: Brusuelas expressed concern that inconsistent tariff policies could set off...

On Tuesday, billionaire investor Bill Ackman suggested that Donald Trump implement a gradual, escalating China tariff strategy to encourage fair trade negotiations and help U.S. companies adjust without triggering sudden economic disruption. What Happened: Taking to X, formerly Twitter, Ackman laid...

Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...