White House Considers Slashing China Tariffs to De-Escalate Trade War
Levies could be cut by more than half in some cases although President Trump hasn't yet made a final decision.
Trump Tariffs Show Mixed Impact on Big Economies
Business activity in the U.S. and Europe weakened in April, in contrast to pickups in Japan and India, underlining the diverse ways in which higher U.S. tariffs are affecting economies around the world.
IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge
Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the need for policymakers to outline robust plans for containing the surge more pressing, the International Monetary Fund said.
U.S. Stock Pare Early Surge
A rally in U.S. stocks continued into a second day, after President Trump addressed two of the market's biggest concerns by softening his tone on both China and the Federal Reserve.
China Signals Openness to U.S. Trade Talks-but Not Under Duress
The possibility of trade negotiations appears to be part of efforts to seek an off-ramp from the recent spiral of tensions.
U.S. Crude Oil Stockpiles Post Small Increase
U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while refineries ramped up their capacity use.
Why Trump Decided Not to Try to Fire Jerome Powell
White House lawyers were studying legal options for ousting the Fed chair, but senior advisers warned Trump that attempting to do so would rattle markets.
Despite Trump's Apparent U-Turn, Drawn-Out Capital Flight Could Still Hit U.S. Markets
Though investors have been most concerned about Treasurys, equities look far more exposed to an exodus of foreign investors.
$1 Trillion of Wealth Was Created for the 19 Richest U.S. Households Last Year
The richest of the rich in America are controlling a record slice of the nation's wealth.
Indonesia's Central Bank Holds Amid Rupiah Wobbles, Tariff Concerns
Bank Indonesia's decision to keep its benchmark seven-day reverse repo rate at 5.75% was widely expected.
(END) Dow Jones Newswires
April 23, 2025 13:00 ET (17:00 GMT)
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