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China, Consumer confidence

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Consumers Breathe Sigh of Relief on U.S.-China Tariff Truce

Key Takeaways Consumer confidence increased 12.3 points in May to 98.0, the first time in five months that the closely followed survey of public attitudes on the economy improved. The improved reading comes after President Donald Trump temporarily paused massive tariffs on China.

· 11h · on MSN

· 12h · on MSN

Consumer confidence rebounds in May as Trump pauses China tariffs

· 6h

US Consumer Confidence Jumps After US-China Trade Truce

Consumer confidence partially rebounds despite tariff threats

Consumer confidence partially rebounded in May after five straight months of decline, according to a new survey from The Conference Board.

wrtv · 5h

PBS · 11h

U.S. consumer confidence bounces back after five straight months of declines amid tariff anxiety

WBAL · 11h

Consumer confidence brightens as Trump rolls back tariffs

Temu, Trump and tariff exemption

Digest more

U.S. Tariffs, Competition in China Hit Temu Owner PDD

PDD’s 10% rise in first-quarter revenue, to the equivalent of $13.18 billion, was its slowest revenue growth in three years.

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Temu's owner saw a nearly 40% profit slump, thanks in part to Trump's tariffs

· 9h

Temu parent is using coupons, lower fees to help smooth the costs of Trump’s tariffs

China's industrial profits maintain growth momentum in April

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China’s Industrial Profit Growth Accelerated in April

Industrial companies in China reported higher profits in April, despite continuing uncertainties from trade tensions between Beijing and Washington.

· 1d · on MSN

China's industrial profits maintain growth momentum in April despite trade tensions

· 1d · on MSN

China's industrial profit growth accelerates in April as Beijing's policy measures cushion tariff impact

17h

Tariff Truce Spurs 90-Day Rush to Get Products Out of China

Sky-high tariffs pummeled U.S.-China trade. Now a 90-day cease-fire is causing a rebound, as firms race to rebook canceled orders and find space on ships headed for the U.S. Dig deeper:

11hon MSN

'Full hit from China': Analysts are staying bullish on Nvidia ahead of earnings, but tariffs loom large

Nvidia will deliver its first-quarter earnings report after the closing bell on Wednesday. Wall Street is upbeat on the premier AI chip maker, but is cautious on guidance.Analysts see a potential hit from tariffs,

1hon MSN

Trump officials tell court to uphold US tariff powers or risk upending China trade truce

Commerce secretary cites ‘tenuous ceasefire’ between India and Pakistan as a direct result of American president’s power to intervene.

11h

Will Trump's tariffs on China raise prices at Ross? CEO says maybe. Here's what to know

Ross said President Donald Trump's tariffs could impact its profitability this year, potentially leading to price hikes. Find out more.

The Japan Times1h

China aims to capitalize on U.S. tariff turmoil with new ASEAN-GCC forum

The summit with Southeast Asian and Arab Gulf states is the latest sign of more countries looking to join hands to fend off U.S. President Donald Trump’s tariff push.

Trade Crime Is Soaring, U.S. Firms Say, as Trump’s Tariffs Incentivize Fraud

President Trump’s steep global tariffs have supercharged efforts to evade them. Some U.S. companies say the government is ill equipped to keep up.

China tariffs are no longer 145%, but for small businesses in the crossfire, ‘it’s still awful’

President Donald Trump’s decision to impose a steep tax on most goods that come into America has tested the mettle of small business owners whose companies are reliant on global trade.

15h

ASEAN opens summit with Persian Gulf nations and China as US threatens tariffs

Southeast Asian nations held a summit Tuesday with China and six Persian Gulf countries in efforts to expand economic engagement as they grapple with U.S. tariff hikes

11h

Despite the pause on high tariffs, Chinese factories still face high uncertainty

A 90-day pause on triple-digit U.S. tariffs on Chinese goods has left exporters and importers in a high state of uncertainty. Factory owners in China tell NPR that orders are down overall.