The meetings between top U.S. and Chinese officials in Geneva represent the first potential efforts to end a trade war that has frazzled financial markets.
Trade negotiators from the U.S. and China are starting talks this weekend in Switzerland. These are the first high-level trade talks between the two countries since President Trump returned to the White House.
There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts.
Trump said this would boost U.S. exports of beef, ethanol and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.
The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.
Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders.
Prime Minister Mark Carney won the Canadian election vowing to take on President Trump. Their first meeting, on Tuesday, was friendly, though each remained firm in their positions.
Production in Hollywood has been suffering. But it's unclear how a 100% tariff on movies produced outside the United States would work – or who it would help.
The billionaire investor, now 94, also said he would be resigning as CEO at the end of the year. He spoke at Berkshire Hathaway's annual shareholder meeting known as "Woodstock for Capitalists."