As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2. What Happened: Despite the anticipated discussions, tariffs are not expected to revert to their pre-January 25 levels. More in-depth talks in the second half of...

08:40 AM EDT, 04/29/2025 (MT Newswires) -- The US advance international trade in goods deficit widened to $161.99 billion in March from $147.85 billion in February, according to data released by the US Census Bureau, compared with a smaller $145.0 billion deficit expected in a survey compiled by Bloomberg as of 7:35 am ET. Exports rose by 1.2% in March...

WASHINGTON (Reuters) -U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing despite an ever-shifting tariffs policy casting a pall over the economy. Job openings, a measure of labor demand, decreased 288,000 to 7.192 million by the last day of March, the Labor Department's Bureau of Labor Statistics said...

WASHINGTON (Reuters) -The U.S. trade deficit in goods widened sharply in March as imports surged, suggesting that trade exerted a large drag on economic growth in the first quarter. The goods trade gap increased 9.6% to $162.0 billion, the Commerce Department's Census Bureau said on Tuesday. Goods imports soared $16.3 billion to $342.7 billion, likely as businesses rushed to bring...