President Trump's trade war appears to be doing reputational damage to the US auto sector overseas. In its Chinese Automotive Brands Impact study, research firm Escalent found several trends in European car buyers' decision-making. The study found that 47% of buyers would consider a vehicle from China, whereas only 44% would consider an option from a US automaker. In 2024, those figures were flipped, with 31% considering Chinese vehicles and 51% considering American. The study polled 1,692 respondents fr ...

A "we're hiring" sign is displayed outside a Target store, after U.S. employment growth slowed more than expected in July, in Encinitas, California, U.S. August 1, 2025.Seasonal hiring in the retail industry is poised to fall to its lowest level since the 2009 recession, an early warning sign that the holiday shopping season could be softer than expected, job placement firm Challenger, Gray & Christmas said in a Wednesday report. Challenger is projecting retailers may add under 500,000 positions in the fina ...

Is there a sense that China feels as if they are in the driver's seat right now, especially after that summit and seemingly like as if the United States feels as if they need China to a certain extent. What the the shift seems to be now is that Beijing had the first Trump administration to understand a little bit better of how President Trump operates in the White House. So they were very prepared for this second administration, prepared for the trade war, prepared for answering tariffs, prepared for a lot ...

Market Overview - Major indices including the Dow, Nasdaq, S&P 500, and Russell 2000 closed at all-time highs, with the Russell 2000 achieving its first record since 2021 [1][14] - The market is experiencing a pause after a significant rally, with modest gains expected at the open [4][5] Federal Reserve and Economic Indicators - The Federal Reserve cut interest rates for the first time this year, contributing to bullish market sentiment [2][15] - Expectations for further rate cuts have increased, with the S&P 500 up approximately 3% this month [15][16] - Minneapolis Fed President Neil Kashkari expressed concerns about the jobs market, suggesting three rate cuts this year, up from two previously anticipated [18][19] Trade Relations and Corporate Impact - Ongoing trade tensions with China are a focal point, with President Trump and Chinese President Xi Jinping discussing issues including TikTok and tariffs [2][8] - FedEx reported a surprise earnings beat but warned of a $1 billion impact from trade volatility, highlighting the challenges posed by US-China trade tensions [3][23][24] - FedEx's adjusted operating income is expected to be affected by trade dynamics, with a significant portion of the impact stemming from the China market [23][25] Sector-Specific Developments - Nvidia faced challenges in China due to accusations of violating anti-monopoly laws, impacting its business operations [9][10] - The agricultural sector is also under scrutiny, with China not purchasing US soybeans at the start of the export season, indicating potential leverage in trade negotiations [12] Upcoming Economic Data - The core PCE inflation data is anticipated, with estimates around 2.9%, which is not expected to significantly alter the Fed's approach [27][28][29] - The next jobs report, due on October 3rd, is expected to be a key focus for market participants [29] Corporate Earnings and Stock Performance - FedEx's stock saw a rise following its earnings report, despite the warning about trade impacts [36][37] - Clavio received an upgrade from Morgan Stanley, indicating a positive growth outlook [39] - Net Scope's IPO was successful, with shares jumping 18% on debut, reflecting strong demand in the cybersecurity sector [41]

By Howard Schneider and Mark John WASHINGTON/LONDON (Reuters) -Threats to the global economic order have come at a furious pace during President Donald Trump's first eight months in office - from a massive tariff shock to a battle for control of the Federal Reserve and even an emerging form of U.S. state capitalism. But the reaction in terms of world equity and bond markets and economic activity has been a somewhat remarkable shrug: The global economy has kept growing, stock prices have surged and infl ...

Speaker Johnson, um the American agenda has had a way of having some backlash on some American companies and we're kind of seeing that play out with Nvidia this morning. We just gave a comment from Nvidia's CEO where there's an article out today in the Financial Times that says Chinese authorities have told Chinese companies that they are no longer to use any chips uh or buy any chips from Nvidia. They're to cancel the orders that they have.It's probably because of the trade talks that are taking place righ ...

To borrow a classic line from the television program Cheers, “(Bartender) How’s the US president’s trade war treating you US soybean industry? (US Soybean Industry) Like a baby treats a diaper.” I know when I talk about real market fundamentals – the National Cash Indexes, Basis, Futures Spreads – I tend to lose a lot of you. After all, if it doesn’t come from a government report than most people in the industry don’t believe it can be real. Given this, I’m going to frame today’s discussion on the global ...

We worry about drought, we worry about pricing. We worry about equipment. We worry about financing. This tariff is just another thing that we have to worry about.Todd Western, the third is a soybean farmer in Waterloo, Iowa. He says trade tensions between the U.S. and China are fueling uncertainty for his business. China, the world's largest buyer of soybeans, hasn't pre-purchased any soybeans for the upcoming US harvest.The revenue on our farm is just like any other farm. It's volatile. Western and other f ...

Core Viewpoint - U.S. President Donald Trump's request for the European Union to impose tariffs of up to 100% on China and India for their Russian oil purchases has raised concerns, with analysts suggesting that Europe is unlikely to comply due to its complex trade relationships and ongoing negotiations with these countries [1][4][7]. Group 1: U.S. and EU Relations - Trump proposed the tariffs during a meeting with senior U.S. and EU officials, indicating that the U.S. would mirror any tariffs imposed by Europe on China and India [2]. - The European Commission emphasized its ongoing engagement with global partners, including India and China, in enforcing sanctions against Russia, while preparing new sanctions tools to target circumvention through third countries [3][11]. Group 2: Economic Implications - The EU's bilateral trade with Russia was valued at €67.5 billion ($78.1 billion) in 2024, with imports primarily consisting of fuel and mining products [12]. - The EU has struggled to reduce its reliance on Russian gas, with Russia's share of EU pipeline gas imports dropping from over 40% in 2021 to about 11.6% in 2024 [13]. Group 3: Market Dynamics - The U.S. has encouraged European allies to switch to U.S. LNG, with expectations of a $750 billion offtake in U.S. energy products over the next three years as part of a framework trade deal [14]. - U.S. Secretary of Interior Doug Burgum highlighted the potential for U.S. LNG exports to displace Russian gas in Europe, which would benefit both the U.S. and its allies [16].

Group 1 - Nearly half of U.S. companies operating in China are urging for the elimination of all tariffs on Chinese goods, with 48% of respondents in a survey supporting this action [1][2] - The annual China Business Report by AmCham indicates that trade volatility has severely impacted bilateral commerce, with Chinese shipments to the U.S. falling by 33.1% year-over-year in August and U.S. imports to China dropping by 16% [3][4] - Two-thirds of survey respondents expect tariff tensions to negatively impact their revenues in China, particularly in the chemicals, logistics, and industrial manufacturing sectors [4][5] Group 2 - The survey reveals that only 18% of companies redirected investments to the U.S., while 51% opted for Southeast Asia as an alternative to operations in China [6] - Despite concerns, 71% of members reported profitability in 2024, an increase from 66% in 2023, with revenue growth rising to 57% from 50% [6] - However, only 45% of companies expect revenue increases this year, marking a record low, and just 30% anticipate China outperforming global growth rates in the next three to five years [7]