Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.

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

President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion credit line and fresh infrastructure investment, although Brazil warned the region not to become too reliant on foreign funding.

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

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.

SHANGHAI/BEIJING (Reuters) -In a sprawling warehouse in a Shanghai suburb, dozens of humanoid robots are manoeuvred by their operators to carry out tasks like folding a T-shirt, making a sandwich and opening doors,

BEIJING (Reuters) -China will lower its tariffs on U.S. goods to 10% for an initial 90 days starting from 12:01 pm (0401 GMT) on Wednesday, Chinese finance ministry said in a statement on Tuesday.

Brussel's envoy to Beijing said that "the situation is not improving" during candid remarks on trade ties Friday.