The president says Americans must sever commercial dependence on China. He also says he wants powerful economic growth. The trade war threatens to force him to choose. Source: NYT > Business – Peter S. Goodman
Asian Stocks Drop as the U.S.-China Trade War Worsens
A weekend of threats between Washington and Beijing offered little sign that the economic conflict roiling markets will come to an end anytime soon. Source: NYT > Business – Alexandra Stevenson
Business Groups Warn of Consequences as Trump’s Trade War Spirals
After the latest escalation, a wide array of business leaders raised the alarm on the likely costs for workers and consumers. Source: NYT > Business – Nathaniel Popper
Trump Faces a Stubborn Opponent in Fed’s Economic Experts
As the president attacks the Federal Reserve, policymakers are looking the other way — and closing ranks around the Fed chair, Jerome H. Powell. Source: NYT > Business – Jeanna Smialek
Johnson Walks Tightrope at G7, as Trump Pledges ‘Very Big Trade Deal’ for U.K.
Prime Minister Boris Johnson responded cautiously, saying that reaching a trade agreement “may take some time” and would require compromises from Washington. Source: NYT > Business – Stephen Castle
The Week in Business: Recession Fears Meet a Farce Over … Greenland?
Source: NYT > Business – Charlotte Cowles