Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25) closed down -0.0221 (-1.08%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength Friday weighed on crude prices along with the escalation of trade tensions between the US and China,

Official PMI remains below 50, with ‘persistently high uncertainty’ in global trade tipped to weigh on growth outlook in both US and China.

Nvidia (NVDA) and other semiconductor stocks slid Friday amid worries about worsening U.S.-China trade tensions. Shares of Nvidia were down nearly 4% in recent trading. Advanced Micro Devices (AMD), Broadcom (AVGO),

President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.

US President Donald Trump signalled renewed trade tensions with China, arguing that China had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations.

US President Donald Trump intensified trade tensions with China by abandoning his 'Mr. Nice Guy' approach, accusing China of violating trade agreements. Despite recent tariff adjustments and talks with President Xi Jinping,

JP Morgan Chase CEO Jamie Dimon urged the U.S. to prioritize internal improvements over fixating on China as an adversary. He emphasized that America's challenges lie within its borders, calling for reforms in various sectors to unlock economic growth.

US president Donald Trump on Friday again raised tensions amid the ongoing tariff war with China, attacking Beijing for \"totally violating its agreeme.

The president's claim comes hours after US Treasury Secretary Scott Bessent stated that trade talks with China were "a bit stalled".

Trade tensions between China and the US have been ongoing since 2018 and escalated into a full-scale trade war in 2025.

China will not send its defense minister to this year’s Shangri-La Dialogue, shunning a chance to meet his US and Asian counterparts as tensions simmer with Washington.