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MORE THAN $700 BILLION were wiped from the value of U.S. equities on Monday, following China's escalation of the trade war with the U.S. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks plunge most in 2019 on trade tension

NEW YORK – Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year...
THE U.S. trade gap with China increased from $30.1 to $30.2 billion in June, seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widens to 5-month high in June

WASHINGTON – America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President...
PRESIDENT TRUMP said that he will impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to United States duties after setbacks in negotiations with Beijing. / BLOOMBERG NEWS FILE PHOTO/ZACK GIBSON

Trump ratchets up U.S.-China trade war with new tariffs

WASHINGTON – President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in...
UNITED STATES manufacturing plunged last month by the most since October 2008, a 5.2-point drop to a two-year low of 54.1 points on the Institute for Supply Management index. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge tumbles by most since 2008 as orders cool

NEW YORK - A gauge of United States manufacturing plunged last month by the most since October 2008, a fresh sign of deceleration in the...
THE U.S. STOCK MARKET bounced back by Monday afternoon after plunging to start the day. / BLOOMBERG NEWS FILE PHOTO/NORIKO HAYASHI

Stocks roar back, led by rebound in tech shares

NEW YORK - Gut-wrenching volatility extended into a 12th week Monday as United States equities plunged and recovered, with the Dow Jones Industrial Average...
THE U.S. TRADE GAP increased 1.7 percent to $55.5 billion in October, the highest in a decade. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap widens to 10-year high amid China tensions

NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
MARKETS DECLINED TUESDAY as angst mounted that the U.S. and China made no meaningful progress on the trade front over the weekend. / BLOOMBERG NEWS FILE PHOTO/TIM BOYLE

U.S. stocks battered by trade, yield concerns

NEW YORK - United States stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points, as a litany of concerns wiped out...
STOCKS RALLIED MONDAY after the United States and China declared a truce in their trade war, while the dollar weakened and oil gained. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Stocks rally on trade optimism; Curve flattens

NEW YORK - Stocks rallied after the United States and China declared a truce in their trade war, while the dollar weakened and oil...
THE TRUMP ADMINISTRATION said that China has agreed to remove tariffs on imported automobiles. / BLOOMBERG NEWS FILE PHOTO/ OILAI SHEN

Mnuchin says China agrees to lower auto tariffs; Beijing silent

NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of...
ACCORDING TO a new survey, less than half of U.S. manufacturers expect that tariffs will lead to higher domestic prices in the U.S. through 2020. Most respondents also did not anticipate moving factories back to the U.S. due to tariffs. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Less than half of U.S. factories expect tariff price impact

NEW YORK - Less than half of United States manufacturers think that President Donald Trump’s tariff and trade war will lead to higher domestic...

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