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global economy

May 12, 2025

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

The U.S. and China agreed to cut tariffs and pause their trade war for 90 days, calming markets and renewing hopes for a long-term deal.

Switzerland's Economy Minister Federal Councillor Guy Parmelin, left, shakes hands with Chinese Vice Premier He Lifeng, right, next to Switzerland's President Karin Keller-Sutter, center, during a bilateral meeting between Switzerland and China, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP, Pool)
May 10, 2025

Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope

U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.

May 8, 2025

Wall Street rises with hopes for trade deals that could forestall a recession

U.S. stocks rose after Trump announced a UK trade deal, easing recession fears and pushing the S&P 500 closer to record highs amid strong earnings.

Apr 23, 2025

Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Uncertain tariffs and trade tensions challenge Tesla, Akzo Nobel, and Boston Scientific as they navigate rising costs and shifting global markets.

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