What to Know
- China’s manufacturing activity fell more than expected to a near two-year low, sliding into contractionary territory in April as the escalating trade war with the U.S. hurts bilateral trade.
- Trump softened some of the tariffs on cars and auto parts during a speech marking the first 100 days of his second term.
- The Senate confirmed former Sen. David Perdue, R-Ga., as the U.S. ambassador to China, a position he will take on amid rising tensions between the two countries over escalating tariffs.
Trump softened some of the tariffs on cars and auto parts during a speech marking the first 100 days of his second term. Follow along for live updates.
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