The U.S. and China announced a deal to reduce tariff rates for 90 days, starting May 14, 2025. The truce is encouraging and should be positive for risk assets in the near term. However, the global tariff rate is still much higher than before President Trump took office for his second term and will likely lead to a significant slowdown in growth.

BNY Investments client investment manager Dennis Wyles asks: in a world where artificial intelligence is leading the charge, what type of company is likely to stand the test of time?

At his recent inauguration, President Trump forecast a golden age of prosperity for America, founded on smaller government, tax cuts, and the promise of trade and security policies squarely aimed at putting the interests of the nation first.

China’s days of turbocharged growth may be a thing of the past, but the country’s economic evolution has put it in the vanguard of some powerful long-term growth trends. A research trip to two of China’s fastest growing cities revealed more.