U.S./China Trade at +125% Standoff, PPI Slides, Big Banks Report Q1 [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Yahoo! Finance
occur over this week, culminating this morning, is that trade between the U.S. and China — worth $582 billion in 2024 — has apparently ground to a halt. Both countries now have +125% tariffs on the other country's goods (China imposes its tariff April 12) has made goods exchanges untenable. Perhaps we'll hear than talks will be getting underway today? Still waiting. Should this impasse hold steady for a prolonged period of time, we may expect to see pressure placed on other economic relationships besides trade between the two countries. For instance, China owns an outsized amount of U.S. mortgage-based securities. What is the risk to the domestic housing market, for instance, if this is to be weaponized against the U.S.? The second shoe on March price-inflation levels fell this morning with a new Producer Price Index (PPI) report showing wholesale prices somewhat mirroring yesterday's retail Consumer Price Index (CPI), in that they are tracking decisively toward lower inflation. I
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WFC
News
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WFC
Earnings
- 10/15/25 - Beat
WFC
Sec Filings
- 12/12/25 - Form 424B2
- 12/12/25 - Form 424B2
- 12/12/25 - Form 424B2
- WFC's page on the SEC website