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America's decoupling from China might sting at first, but it can pay off handsomely. Wall Street still doesn't get it.
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General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
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The U.S. economy contracted in the first three months of the year. Economists warn the months to come could also be challenging if President Trump's tariffs remain in place.
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Americans say jobs are harder to find and businesses say they are scaling back plans to hire because of the trade wars. The April jobs report might offer the first hard evidence on whether President Donald Trump's tariffs are harming the U.S. labor market.
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US wants to start tariff talks with China, state media says ReutersTrump tariffs live updates: Trump administration quietly reaches out to Beijing to kick off tariff talks Yahoo FinanceChina signals opening for trade talks with US Financial TimesChina insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims CNBC
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The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.
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Mercedes-Benz on Thursday said it will add a new vehicle to its plant in Alabama amid President Donald Trump's auto tariff.
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Senate Democrats are forcing a vote Wednesday evening on whether to block global tariffs announced by Donald Trump earlier this month, a potentially tough vote for some Republicans who have expressed concerns about the policy but are wary of crossing the president.
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