Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China,

Supply chain scholars and shipping industry insiders say they're expecting higher prices, barren shelves, and job losses if trade deals are not made.

American retailers are growing worried that President Trump's trade war and increased volatility will lead to empty shelves, higher prices and store closures as Chinese imports screech to a halt. Why it matters: Many retailers stocked up on inventory in the first months of 2025,