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The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America.
An uneasy stability has returned since the president paused most tariffs and seemed to back down from his threats to fire Mr.
Mr. Trump, focused on growth, has vocally pushed for rate cuts. So far, the Fed has demurred. It knows that with inflation ...
Robin Xing, Morgan Stanley's chief China economist, said Trump's April 2 "Liberation Day" tariff announcement was the wake-up ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Currency markets that only a few months ago assumed a trade war would lift the U.S. dollar now suspect that a full-scale ...
The U.S. dollar has weakened since January, but even so, it’s still the world’s dominant currency in many ways — you can find ...
M ost people encounter the dollar sign on a daily basis: in stores, on websites, in the media and more. The symbol also ...
Since the end of World War II, the U.S. dollar has been the world’s principal reserve currency, meaning it is held in large ...
The divergence is the latest sign of seemingly insatiable demand for the Taiwan dollar driven by speculation the authorities ...