Global stocks shake off reports of collapse in U.S. import trade

Quick Summary:

Apollo published a slide deck arguing that the reduction in imports would be enough to trigger a recession in the U.S.starting in the summer.

The CEOs of Walmart, Target, and Home Depot privately warned President Trump last week that shortages and price rises are coming.

The Port of Los Angeles expects arrivals to be one-third lower in May.

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Article Details

Author / Journalist: Jim Edwards

Category: EconomyBusiness

Markets: United StatesChina

Topics: Markets Stock exchanges

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 10:25:06 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 288 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 48 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28245587

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 39 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #95

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