US economy

As the US midterm elections draw near, Donald Trump's claims of a strong economy are not resonating with voters, according to reporting by The Guardian. The piece highlights a gap between the administration's optimistic economic messaging and how ordinary Americans perceive their own financial situations, a disconnect that could shape the contests ahead.

The United States and China have announced tariff reductions covering roughly $60 billion in bilateral trade, with thousands of products identified as eligible for lower duties. Trade experts, however, expect only a limited economic impact despite the scale of the announcement, and observers are watching whether the move signals a broader easing of tensions between the two economies.

China and the United States have agreed to cut tariffs on $60 billion worth of goods traded between them, according to a Reuters report. The reductions cover agricultural products and household items, marking a step toward easing trade tensions between the world's two largest economies.

The United States and China have each released lists of products worth roughly $30 billion that will see tariff cuts, following a meeting between Donald Trump and Xi Jinping. The reciprocal move is being read as a step toward easing trade tensions between the world's two largest economies, though details on timelines and implementation remain limited.

Donald Trump is preparing to meet China's Xi Jinping at a summit, with the Wall Street Journal flagging three key issues business leaders should monitor. Observers expect trade tariffs, technology restrictions and supply-chain policy to dominate the agenda. Analysts say the outcome could shape market sentiment and corporate planning across both economies, making the encounter one of the most closely watched diplomatic events of the moment.

Donald Trump says his administration is 'very seriously' considering banning diesel exports as global diesel supplies tighten and prices climb. A ban would keep more US fuel at home for domestic consumers and industries, but could worsen shortages in Europe and other regions that rely heavily on American diesel. Markets and allies are watching closely for a decision.

The Trump administration is preparing to roll out lower fuel economy standards for cars and light trucks in the United States, easing requirements that automakers improve mileage efficiency. The move is being reported across major US outlets and is likely to draw criticism from environmental groups while being welcomed by auto industry figures who argue existing rules are too costly. The change signals a further rollback of climate-related vehicle regulations.

A Reuters commentary examines where US Federal Reserve monetary tightening will hit hardest across Asia. As the Fed continues raising interest rates, attention is turning to which regional economies face the greatest strain from capital outflows, weaker currencies and higher borrowing costs. Analysts are weighing vulnerabilities such as current account deficits, external debt levels and dependence on dollar funding across Asian markets.

The United States has finalized new fuel economy standards that are lower than previously planned, according to Reuters. The rollback of the Corporate Average Fuel Economy requirements means automakers will face less stringent efficiency targets for new vehicles. The move is expected to draw criticism from climate advocates while being welcomed by auto manufacturers concerned about compliance costs.

President Donald Trump says he has approved new fuel economy standards that roll back rules put in place during the Biden administration. The move relaxes emissions and efficiency requirements for automakers, a reversal of the previous administration's stricter climate-focused vehicle regulations. The announcement is being covered by major business outlets as a significant shift in US auto and environmental policy.

US stock futures pointed higher, with S&P 500 futures rising as investors braced for upcoming jobs data. Traders are nervous about what the employment figures could signal for the economy and Federal Reserve interest rate policy, with market sentiment shifting ahead of the release.

China said the extension of the trade truce with the United States creates space to keep pushing negotiations forward between the two countries. The statement, reported widely by international outlets, signals that both sides remain engaged in efforts to stabilise their trade relationship and settle disputes through dialogue rather than escalation.

The US has significantly weakened its vehicle fuel economy standards, a move framed as an effort to unwind Biden-era electric vehicle policies. The rollback eases requirements that would have pushed automakers to sell more electric cars, marking a major reversal in federal climate and transportation policy. The change affects automakers nationwide and is expected to draw criticism from environmental groups while easing pressure on car manufacturers.

Discussion is focused on how US consumer spending is diverging along a K-shaped economy, where higher-income households continue to spend strongly while lower-income households pull back under pressure from prices and borrowing costs. PwC has published analysis examining this split and what it means for retailers and the wider economy heading into the year.

The United States and China have agreed to reduce tariffs on a range of basic consumer and industrial goods, in a further sign of easing trade tensions between the two economies. However, rare earth materials remain outside the deal, leaving Beijing's export controls on the critical minerals untouched. Analysts see the move as cautious de-escalation, with the most strategically sensitive sector kept off the negotiating table.

The US has finalized new fuel economy standards that are lower than previously planned, a move that eases requirements on automakers and supports continued production of gas-powered vehicles. The rollback relaxes mileage targets set for coming model years. Supporters say it reduces compliance costs, while critics argue it will increase fuel consumption and emissions.

The United States is preparing to finalize significantly reduced vehicle fuel economy standards, a rollback of existing efficiency requirements for cars and light trucks. The move, reported under the banner of 'lowering standards', is expected to draw criticism from environmental groups while being welcomed by automakers seeking lower compliance costs. Debate is likely over its impact on emissions, fuel costs for consumers, and the country's climate commitments.

China installed 354,000 industrial robots in 2025, accounting for 59% of global installations, according to figures reported by TechNode. The United States overtook Japan to become the world's second-largest robot market, highlighting the scale of Chinese manufacturing automation and shifting rankings among major industrial economies.

US discussions are turning to what relaxed fuel economy standards would mean for consumers. Looser rules could allow automakers to sell less efficient vehicles, affecting how much drivers pay at the pump over time. Commentators are weighing whether savings on new car purchases would outweigh higher fuel costs, making it a live pocketbook issue for households watching both car prices and gas expenses.

Candidates running for a US Senate seat in Mississippi laid out their positions on a potential war with Iran, tariffs and the economy during a campaign forum. The event gave voters a chance to compare how the contenders would handle foreign policy and household costs if elected, with economic issues expected to weigh heavily in the race.

Peruvian state oil company Petroperú has obtained US$475 million in bridge financing. The deal, reported by Latin Lawyer, gives the troubled refiner short-term liquidity as it works to shore up its finances. Attention is focused on how the loan fits into wider efforts to stabilise the company's debt position.