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For China's exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.

JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.

Tariffs will take a few months to filter through to consumer prices, economists said.

Short sellers' bearish positions unexpectedly dropped in value as stocks soared on news of a tariff pause, forcing them to buy back shares to limit losses.

This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.

The consumer price index fell in March, but President Donald Trump's tariff agenda and the specter of a global trade war threaten to reverse progress.

Stocks skyrocketed in a kneejerk reaction to President Donald Trump's announcement to put a 90-day pause on some of the lofty 'reciprocal' tariffs.

"Thank you on behalf of all Americans," Ackman wrote in a post on social media platform X. Shortly after, he added, "[Treasury Secretary Scott Bessent] rocks!"

Chinese electric car company BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.

"The Trump agenda is focused on Main Street. It's Main Street's turn... It's Main Street's turn to drive investment," Bessent said.

Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.

The breach, first disclosed and resolved in February, involved information related to the "financial condition of federally regulated financial institutions.