Economists believe the US will skirt a recession as lower tariffs than initially announced by the Trump administration are set to handicap consumer spending less than previously feared.

China’s services sector is buckling under U.S. tariffs, with new data showing a dramatic slowdown in April — the latest

The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.

The work to get inflation under control and the Fed's rate-setting predicament are among the challenges ahead.

China's new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market's appetite during a typically slow month for loan demand.

The relationship reset steers the U.S. economy back on a more familiar path as the major consumer of goods. It also lowers the risk of recession, economists say.

A s China’s export machine sputters under the weight of 145% tariffs, jobs are at risk. Some 16m workers are involved in the production of goods bound for America, says Goldman Sachs, a bank. Nomura, another bank, projects a possible 5.7m job losses in the near term and 15.8m in the long run, as the shock ripples through the economy.

Fed Governor Adriana Kugler still thinks the economy is likely headed for lower growth and sticky inflation amid tariff volatility.

Beijing has stopped publishing hundreds of statistics related to real estate, finance, unemployment and even soy sauce production, making it harder to know what’s going on in the country.