President Donald Trump argues that he’s getting tough on China’s trade practices to keep domestic manufacturers from dying. One hole in that argument: American factories are coming back to life on their own.
April 6, 2018Economy News Updates
Payrolls Rise Below-Forecast 103,000 as Wages Pick Up
U.S. hiring cooled in March after a strong February while wages picked up, returning labor-market progress to a more sustainable pace that keeps the Federal Reserve on track for further interest-rate increases.
April 6, 2018China Vows to Fight Trump Tariffs ‘to the End’ as Tension Rises
President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.
April 6, 2018Ford Concerned NAFTA Rule Changes Wouldn’t Preserve US Jobs
Ford Motor Co., the largest producer of cars and trucks in the United States, remains concerned about major modifications to the North American Free Trade Agreement, even after President Donald Trump’s negotiators were said to have softened demands.
April 5, 2018Republicans Warn Trump a Trade War Risks Party’s Chances in November
Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.
April 5, 2018Jobless Claims Rise to Highest in Almost Three Months
U.S. filings for unemployment benefits rose more than expected last week to the highest in almost three months amid holidays that may have played a role in the increase, Labor Department figures showed April 5.
April 5, 2018Consumer Comfort Climbs to 17-Year High on Finances
U.S. consumer sentiment advanced last week to a 17-year high as greater optimism about household finances and the buying climate more than offset a deterioration in views about the economy, the Bloomberg Consumer Comfort Index showed April 5.
April 5, 2018Trade Gap Widens for Sixth Month Ahead of Trump Tariffs
The U.S. trade deficit widened by more than forecast to a fresh nine-year high in February amid broad-based demand for imports, ahead of Trump administration tariffs that have raised the specter of a trade war.
April 5, 2018Trade Fight Expected to Add Risk but Not Sink US Economy
The latest tariff salvos between the United States and China have brought a trade war closer to reality. It’s a risk that the world’s biggest economy is well-positioned to ride out.
April 4, 2018China’s Counterpunch to Trump’s Tariffs Sparks Global Selloff
Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.
April 4, 2018Trending
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