Tariffs continue to dominate the global economy, as President Trump and the EC avert a trade war with a 15% baseline tariff, affecting autos, pharmaceuticals, and semiconductors. U.S. molders can’t match overseas prices, but they compete on quality and speed. Also: Major steel producer Cleveland-Cliffs, heavily reliant on auto sales, urges Fed to make major rate cuts. Learn about all this and more.
— Theresa Houck, Senior Editor-at-Large