Wall Street rallied, bitcoin hit a new record while German auto stocks plunged… as markets digested Donald Trump’s comeback, Chinese consumers are bracing for a possible new wave of punitive tariffs… but a new round of trade war could hit its economy harder than before. Yuka Royer spoke with economist Antonio Fatas of INSEAD who said that those promised tariffs would ultimately lead to higher inflation and hurt American consumers.
Trending
- Taika Waititi, ‘Jail Time Records’ filmmakers talk Tribeca-winning prison doc | Features
- Herenmode in de hitte: de streetstyle van Pitti Uomo
- James Bradley Dead: 'Flags Of Our Fathers' Co-Author Was 72
- Why ‘Toy Story’ is the Best Franchise Ever
- Iran closes Strait of Hormuz despite ceasefire after continued Israeli strikes in Lebanon
- Trump and Meloni continue to trade jabs after G7 meeting
- Tony Hale on Forky, Toy Story 5 and Entering the Nancy Meyers Universe
- US curbs Anthropic AI access, raising global concerns
