Stocks Fall; Trump, Canada's Carney Meet as Tariff Warnings Mount 
 

Stocks settled lower, a day after the Dow industrials and the S&P 500 both snapped nine-day winning streaks, as market jitters over trade returned.

 
U.S. and Chinese Officials to Meet Amid Trade War 
 

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are traveling to Switzerland to meet Beijing's lead economic representative, potentially paving the way for broader trade talks.

 
Global Shipping Is Grinding to a Standstill. It's a Matter of Time Until Americans Feel It. 
 

There aren't shortages of goods in U.S. stores yet, but if the deterioration in global shipping is any indication, they are on the way.

 
As U.S. Turns Its Back on Free Trade, Other Countries Double Down 
 

Faced with U.S. barriers, countries like the U.K. and India move to ease trade among themselves.

 
Trump Says Truce Reached With Houthis After They Promise to Stop Targeting Ships 
 

The announcement came after a weekslong U.S. campaign of airstrikes targeting the group.

 
Who Pays For Tariffs? 'It's a Very Complicated Question,' Treasury Secretary Scott Bessent Says. 
 

At one point, Rep. Mark Pocan (D., Wisc.) tried unsuccessfully to get Bessent to answer the question: "Who pays tariffs?"

 
Beware, investors: The recent stock rally is based on an unknown outcome after Trump's 90-day tariff pause 
 

Investors, still waiting for U.S. trade deals, see a return to April's lows in stocks as a risk.

 
RBNZ Governor Says Financial System Risks Have Increased as Trade War Rages 
 

New Zealand banks have strong capital and liquidity buffers in place to maintain credit flows even if conditions deteriorate further, RBNZ Governor Christian Hawkesby said.

 
Carney, Meeting Trump, Says Canada Isn't for Sale 
 

President Trump repeated his suggestion that Canada become the 51st state in an otherwise collegial White House meeting with Prime Minister Mark Carney.

 
Canada Trade Deficit Narrowed in March 
 

A drop in exports to the U.S. was largely offset by a jump in exports to the rest of the world.

(END) Dow Jones Newswires

May 06, 2025 21:00 ET (01:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.