US and China strike trade deal
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Stocktwits on MSNApril CPI Preview: Economists Expect Modest Tariff Impact On InflationFirst-tier economic data, due before the market opens Tuesday, will be crucial in keeping the China trade deal-inspired rally alive. The Bureau of Economic Analysis (BEA) is all set to release its consumer price inflation (CPI) report for April at 8:30 a.
The U.S. has a $12 billion trade surplus with the United Kingdom, meaning it already exports more than it imports. Meanwhile, the baseline 10% tariff Trump announced April 2 will remain in effect for most U.K. imports, which could lead to higher prices for consumers.
WASHINGTON (Reuters) -Donald Trump's tariff blitz is yielding some initial deals, including a 90-day pause in sky-high U.S. and Chinese duties and a limited trade pact with Britain, but the U.S. president is far from rebalancing global commerce flows, trade experts and analysts said.
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Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff fight.
Darin Newsom, Senior Market Analyst for Barchart, corn and wheat are anchoring each other lower with the market shifting its focus to larger supplies ahead and comfortable available stocks.
U.S. and Chinese trade negotiators agreed over the weekend to lower mutually imposed triple-digit tariffs in a significant de-escalation of the ongoing trade war between Washington, D.C., and
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GB News on MSNBritain's trade deal with India to cost UK £200m a year, bombshell Treasury analysis admitsSir Keir Starmer’s trade deal with India could cost up to £200million a year in lost taxes, internal Treasury analysis has revealed. The document, produced under the previous Tory Government, noted how the Prime Minister’s concession on National Insurance Contributions brings with it a significant cost to the UK’s tax bill.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,