Economists expect deflationary pressure to get worse in China, even as they improve forecasts for growth and exports this year after a truce in the trade war with the US.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.

The economic mood has improved markedly after an earlier slump on trade-war fears, the Conference Board's May survey of consumers showed. The survey's headline index jumped to 98, up from 85.7 a month earlier,

Trump has multiple legal avenues to quickly reimpose or escalate tariffs, including Section 122 and sector-based tariffs under Section 232. Read what investors need to know.

Chinese goods account for 40% of the imports at the Port of Los Angeles, 63% at the Port of Long Beach and 45% at the Port of Oakland.

BEIJING (Reuters) -Profits at China's industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the first quarter. In April alone, total profits of industrial companies rose 3.0%, according to National Bureau of Statistics (NBS) data.

President Donald Trump's trade war with China underscores the importance of a reliable supply chain for the automotive industry of rare-earth minerals and magnets made from them that are necessary for parts from electric vehicle motors to windshield wipers and anti-lock braking systems.

Chinese e-commerce firm PDD Holdings PDD.O saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense local competition and its international business was hit by global trade uncertainty.

Many of the world’s richest family offices were planning to ramp up their investments in China despite the looming threat of a global trade war, according to a survey of UBS Group AG clients.