Analysts are looking for healthy gains, but wild cards like census hiring and the trade wars make the data especially hard to predict. Source: NYT > Business – Nelson D. Schwartz
Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan
Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trade talks broke down. Source: NYT > Business – Alan Rappeport
Another Sign of Economic Worry: Tumbling Oil Prices
Prices have dropped more than 20 percent since late April as investors worry that growth is slowing and trade disputes could slow growth further. Source: NYT > Business – Clifford Krauss
Which States Will Be Hit Hardest by Trump’s Tariffs on Mexico
Tariffs on Mexican imports will ripple across the United States and could cause significant pain for consumers and businesses, even those far from the southwestern border. Source: NYT > Business – Karl Russell and Ana Swanson
Ford Is Fined in China as Trade Fight With U.S. Rages
A $25 million fine for anticompetitive practices appears to make the Detroit automaker the latest company to be singed in the U.S.-China economic clash. Source: NYT > Business – Raymond Zhong
Xi Jinping’s Visit to Russia Accents Ties in Face of Tensions with U.S.
Russia’s relations with China have improved gradually since 2014, when President Vladimir V. Putin announced a pivot to Asia after the Crimea crisis. Source: NYT > Business – Neil MacFarquhar