
Stocks tread water as Wall Street awaits key U.S.-China meeting
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
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Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
White House press secretary Karoline Leavitt commented on President Trump's latest social media post about lowering tariffs on China to 80%. This comes as the U.S. prepares to hold trade talks with China in Switzerland. CBS News' Aaron Navarro reports.
The U.S. and China are preparing to discuss a possible trade deal in Switzerland days after the U.K. reached an agreement with the Trump administration. CBS MoneyWatch correspondent Kelly O'Grady reports.
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President Trump appears ready to lower tariffs on China as the U.S. prepares for trade talks in Switzerland. Peter Goodman, a reporter for The New York Times, joins CBS News with what to expect.
The trade deal between the U.S. and the United Kingdom expands access to American beef and ethanol, while maintaining some tariffs at 10%. CBS News' Nancy Cordes reports.
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President Trump said in remarks from the Oval Office that the two countries are "affirming that reciprocity and fairness is an essential and vital principle."
President Trump celebrated a trade agreement with the United Kingdom, but sealing a deal with China was also on the president's mind. Weijia Jiang reports.
President Trump announced a trade deal Thursday expanding U.S. market access in the U.K. Although many agreement details still need to be worked out, Mr. Trump says his administration could soon announce more deals with other nations. Martin Baccardax, senior editor and markets correspondent for TheStreet, joins "America Decides" with analysis.
Treasury Secretary Scott Bessent is traveling to Switzerland, where he will lead U.S. trade talks with China this weekend. When asked about progress between the two nations on Thursday, President Trump insisted that China is open to negotiations when it comes to tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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President Trump and Treasury Secretary Scott Bessent have both said numerous trade agreements could come as soon as this week.
Stocks jumped Thursday as President Trump unveiled a trade deal with the U.K. It marks the first major agreement since the president slapped tariffs on nearly all U.S. trade partners. CBS News contributor JD Durkin joins from the New York Stock Exchange with the latest.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation.
Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.
President Trump announced a trade agreement with the United Kingdom that lowered tariffs on some British goods. Commerce Secretary Howard Lutnick said at the Oval Office that the deal will raise $6 billion in revenue for the United States. CBS News breaks down the deal's terms.
President Trump is expected to announce a trade agreement with the United Kingdom as more nations apparently attempt to negotiate with the White House to lower tariffs levied. CBS News' Nancy Cordes reports.
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