In 100 days full of surprises for investors, the S&P 500 and Dow nearly recouped their April declines – even with a worse-than-expect GDP report.

President Donald Trump is holding a rally in Michigan on Tuesday to mark the first 100 days of his second term, staging his largest public event since returning to the White House in a state that has been especially rocked by his steep trade tariffs and combative attitude toward Canada.

President Trump is defending his economic policies while urging Americans to "be patient" amid the tumult of markets and overall economy.

Tariffs on China will remain at their current levels, according to Stephen Miran, a key architect of President Donald Trump’s trade policies. Miran’s comments come at a time when the administration is trying to calm nervous investors but offering mixed signals.

President Trump on Wednesday dismissed concerns about bare store shelves as he spoke about his trade approach with China.

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

President Donald Trump is providing some relief to automakers reeling from his steep 25% tariffs imposed on foreign cars and auto parts. Trump, under a proclamation he signed April 29, is offering auto companies credits for a portion of the tariffs on auto parts that they import to build vehicles in the U.

President Donald Trump will sign an executive order on auto tariffs on Tuesday, White House Press Secretary Karoline Leavitt said at a news briefing. (Reporting by Andrea Shalal and Doina Chiacu) Copyright 2025 Thomson Reuters.