US Steel closing Detroit steel mill, laying off 1,500 workers
US Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it now forecasts for the fourth quarter.
tariffs and customs
The biggest risks for stocks in 2020
Optimism over a "phase one" trade deal between the United States and China is pushing stocks to record highs in the final days of the year. But Wall Street banks still believe trade is one of the biggest risks for markets in 2020.
Farmers skeptical of Trump's $50 billion China promise
President Donald Trump says the Chinese will buy $50 billion worth of farm products as part of a phase one deal struck last week, but that would mean China would have to double the amount it bought from US farmers before the trade war started.
Investors react to initial US-China trade deal
A "phase one" trade deal between the United States and China, announced Friday, has cleared the path for riskier assets to rally through the end of the year.
Details of interim US-China trade deal remain unknown
After a year-and-half of fraught negotiations that has slowed global growth and hurt American farmers and consumers, the United States and China have reached an interim trade deal bypassing an economic calamity -- for now.
China suspends tariffs on US-made goods amid new trade truce
China on Sunday called off additional tariffs set to kick in on some US goods as the two countries pull back from a trade war that has roiled financial markets and damaged global economies.
Stocks whipsawed following news of a US-China trade deal
Stocks ended Friday mostly flat after Chinese officials said that a phase one deal had been reached with the United States that would avert an escalation of the trade war and higher tariffs set to kick in on Sunday. President Trump confirmed the news in a series of tweets.
Trump signs off in principle on tentative China trade deal agreement
President Donald Trump has signed off on an initial trade agreement with China that would avoid imminent US tariffs and reduce the rates of existing duties in exchange for a Chinese promise to purchase American farm goods, US officials and others familiar with the agreement said.
iPhones, Switches and toys on table in US-China trade talks
President Donald Trump has threatened tariffs on about $160 billion of Chinese-made goods starting this weekend.
Asian stocks struggle for direction without more progress trade deal
Stocks in Asia struggled for direction Wednesday as investors received mixed signals ahead of another round of US tariffs on Chinese goods expected December 15.
