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US stocks climb, shrugging off China trade war and consumer fears

(NEW YORK) -- U.S. stocks climbed on Friday, shrugging off new Chinese tariffs on American goods that intensified a trade war between the two largest economies in the world.The Dow Jones Industrial Average jumped 808 points, or 2%, while the S&P 500 surged 2.1%. ...
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Trumps tariffs still risk inflation and recession as China trade war looms, experts say

(WASHINGTON) -- President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession, ...
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Stock markets slide as Trumps new China tariffs go into effect

(TAIWAN) -- Asian stocks plunged during Wednesday's trading session after President Donald Trump's latest batch of sanctions on China came into force, helping wipe off Tuesday's limited gains and compounding a turbulent week for the world's key indexes.Trump's new measures increased the cumulative rate ...
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US pledges $2 million for Myanmar quake, but China already filled the void

(WASHINGTON) -- As a U.S. team of experts heads to Myanmar to assist in recovery from the devastating earthquake that killed more than 2,000 people in Southeast Asia on Friday, international teams, including those from China and Russia, are filling the void in the ...
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Pentagon changed course for Musk visit after report about him viewing China war plans: Officials

(WASHINGTON) -- Tech billionaire Elon Musk was slated to visit the Pentagon on Friday and attend a meeting of the Joint Chiefs of Staff that would touch on China, among other things, two United States officials confirmed to ABC News -- but that plan ...
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China warns its ready for any type of war with US after Trump tariffs

(NEW YORK) -- China issued a warning on Wednesday night that it stands ready for any "type of war" with the United States in the aftermath of tariffs imposed hours earlier by the Trump administration.A spokesperson for the Chinese foreign ministry said the tariffs ...
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Trump tariffs go into effect against Canada, Mexico; China retaliates

(WASHINGTON) -- President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift retaliation from Beijing."President Trump continues to demonstrate his commitment to ensuring ...
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Lawmakers worry China could take over after Trump pauses foreign aid

(WASHINGTON) -- Lawmakers from both political parties invoked China as a potential winner in international development as the U.S. reviews its foreign assistance programs and non-governmental organizations funded largely by American grants await answers on the fate of funds critical to their missions abroad.An ...
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Internet-connected cameras made in China may be used to spy on US infrastructure: DHS

(WASHINGTON) -- Internet-connected cameras made in China are giving the Chinese government the ability to "conduct espionage or disrupt US critical infrastructure," according to a Department of Homeland Security bulletin obtained by ABC News.The cameras typically lack data encryption and security settings and, ...
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Trumps China tariffs could drive up these prices

(WASHINGTON) -- Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China tariffs imposed by the Trump administration, experts told ABC News.The tariffs, which took effect on Tuesday, slap a 10% tax on ...
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