US core capital goods orders tumble; shipments are flat
New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing.
China denounces US 'rumors' and 'lies' about Huawei ties to Beijing
China denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei was lying about his company's ties to the Beijing government.
The world's largest shipping firm warns of 'considerable uncertainties' as trade tensions rise
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties."
Trump administration unveils $16 billion bailout to farmers hurt by China trade war
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the U.S. trade war with China.
The US tariffs on China have been paid almost entirely by US importers: IMF study
U.S. tariffs on Chinese goods are hurting an unintended target as the trade war with China rages, an International Monetary Fund study finds.
US weekly jobless claims unexpectedly fall
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.
Odds of a US-China trade deal are 'rapidly receding,' Stephen Roach warns
One of Wall Street's leading experts on China suggests the window is closing on a trade deal.
Trump car tariffs would be a 'first-order slap in the economic face,' Citi's Buiter says
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's Willem Buiter told CNBC on Thursday, with Germany likely to bear the brunt of any losses.
Beijing experts' latest message as trade talks stall: The US needs China
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement.