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Yesterday — 16 October 2025Main stream

Who Will Blink First on Trade: President Trump or Xi Jinping?

Washington and Beijing both need a trade win as steep new tariffs and tough import limits on critical minerals loom.

© Haiyun Jiang/The New York Times

Treasury Secretary Scott Bessent has suggested that an extended tariff truce with China is still possible. That comes as rhetoric between the administration and Beijing grows heated.
Before yesterdayMain stream

Why Bank C.E.O.s Like Jamie Dimon See Economic Trouble Ahead

Wall Street giants are reporting blowout results for their most recent quarter. But they are getting worried about what lies ahead.

© Al Drago for The New York Times

JPMorgan Chase reported blockbuster results yesterday. But its chief executive, Jamie Dimon, is worried about finding a “cockroach” or two in the financial system, he said.
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