John Carney - Page 14

LONDON—The marathon trade talks between the U.S. and China ended before midnight on Tuesday, bringing to an end the second day of talks that had begun nearly 14 hours earlier. “We have reached a framework to implement the Geneva consensus

Trade talks between the U.S. and China resumed shortly after 8 p.m. in London, a Treasury spokesman said Tuesday night.

Trade negotiations on Tuesday have gone on for much longer than expected.

LONDON — High-level trade negotiations between the United States and China resumed on Tuesday, as both sides seek to ease tensions over technology exports and critical mineral shipments.

The rare earths crisis was always going to arrive eventually. The surprise is not that it happened, but how little we did to prepare.

LONDON — American and Chinese delegations arrived at Lancaster House in London on Monday morning to begin a new round of trade negotiations, with rare-earth minerals and advanced technology at the center of the talks. The meeting follows a phone conversation last week between President Donald Trump and President Xi Jinping that helped pave the way for the diplomatic thaw.

The One Big Beautiful Bill Act isn’t a break from conservative economic thought. It’s a return to first principles: a belief that growth, not austerity, is the engine of prosperity.

Tariffs aren’t just tools of trade. They’re instruments of tax reform. And in the hands of a new generation of economic nationalists, they’re poised to become something more: a new foundation for American prosperity.

Musk’s turn against Trump triggers a $180 billion drop in the company’s market value.

“We’re going to solve a lot of problems together,” Trump said. “And we’re going to do it very soon.”

Recent tariff increases by the Trump administration are expected to have the greatest impact on higher-income consumers, according to a new analysis from the Congressional Budget Office. While the tariffs are projected to raise prices modestly across all income groups,

The latest data on imports and exports paints a picture of a trade rebalancing rather than a trade war.

President Trump’s policy combination of renewed tariffs and extended tax cuts amounts to a reallocation of the tax burden away from domestic work and production and toward imported goods and global supply chains.

The report could support President Donald Trump’s claims that the Fed is behind the curve on interest rates and should have already started cutting.

China’s decision to slow walk approvals for rare-earth components highlights a crucial vulnerability in the U.S. economy.

The revenue from the tariffs would more than offset projected losses from tax cuts.

The private sector added just 37,000 workers to payrolls in May, according to payroll processor ADP. This is the lowest pace of hiring since March of 2023.

As the Trump administration looks to resolve the long-running conservatorship of Fannie Mae and Freddie Mac, three priorities have emerged.

The rise in openings and hires indicates that demand for worker is healthier than expected and employers are not reacting to uncertainty about tariffs and interest rates by slashing plans to grow payrolls.

If Christopher Waller’s view prevails at the Fed, it will mean that Washington no longer has to choose between stable prices and national economic strategy. Tariffs can be a tool, not a threat.

U.S. manufacturing activity sent conflicting signals in May, as two closely watched surveys diverged on the state of the industrial economy. The Institute for Supply Management’s (ISM) manufacturing index fell to 48.5, below the neutral 50 mark and under expectations

Trump’s trade actions are not outside the law—they are exactly what the law was designed to enable.

The fragile trade agreement between the United States and China is under new strain, as Beijing appears to be dragging its feet on a key provision: the resumption of rare-earth mineral exports. According to reporting by The Wall Street Journal

After the pre-tariff surge in March, imports crashed in April.

Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.

The legal battlefield is shifting, but Trump’s tariff agenda is very much alive. The next phase may be slower and more contested, but don’t mistake litigation for surrender.

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House and urged the central bank to lower interest rates.

Shares of Fannie and Freddie surged to their highest levels since 2008, driven by renewed hopes that Trump would a release them from federal conservatorship. But the fundamentals suggest that these shares are still worth little or nothing.

Mortgage giants’ shares rise as president says government oversight will remain.

The Baby Boomers built the bond bull, and heir retirement is dismantling it. But Washington still spends as if there’s an endless pool of capital waiting to buy Treasuries.

The Conference Board’s Consumer Confidence Index jumped by 12.3 points in May, the largest monthly gain in four years.

Trump’s threat of a 50 percent tariff on EU imports might actually help the European Union overcome its dysfunction.

They keep saying the economy is going to slump and it keeps not happening.

Ruling strengthens president’s control of federal agencies and limits legal tactics aimed at blocking White House agenda

Many Wall Street pundits were quick to hit the panic button after Wednesday’s soft 20-year Treasury auction. Yields jumped. Stocks fell. And commentators wasted no time diagnosing a crisis.

The upturn in activity suggests the economy is more resilient to tariffs and market volatility than many analysts believed.