Simply Economics

US-China Trade Truce and Housing Market Surge Amid Global Slowdown


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In today's episode, we explore the easing of US-China trade tensions with a new tariff reduction agreement, the surge in US new home sales, and the global economic slowdown hitting its weakest pace in 18 months. Join us as we delve into the implications of these developments on both domestic and international fronts.

Sources:
https://www.whitehouse.gov/articles/2025/05/art-of-the-deal-u-s-china-ink-initial-trade-deal/
https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-a-historic-trade-win-for-the-united-states/
https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025
https://www.gibsondunn.com/stepping-away-from-the-brink-us-china-trade-deal-offers-90-day-tariff-reduction/
https://www.tradecomplianceresourcehub.com/2025/05/16/trump-2-0-tariff-tracker/
https://www.realtor.com/news/trends/home-listings-weekly-housing-market-trends-may-15-2025/
https://tradingeconomics.com/united-states/housing-starts
https://www.biggerpockets.com/blog/real-estate-1122
https://investors.redfin.com/news-events/press-releases/detail/1332/redfin-reports-economic-jitters-high-costs-stifle-spring
https://www.census.gov/construction/nrc/pdf/newresconst.pdf
https://www.scotsmanguide.com/news/april-housing-starts-rise-but-building-permit-dip-reveals-souring-builder-sentiment/
https://eyeonhousing.org/2025/05/permit-activity-declines-in-march-2025/
https://tradingeconomics.com/united-states/building-permits
https://www.census.gov/construction/nrc/pdf/newresconst.pdf
https://economics.td.com/us-housing-starts-and-permits
https://www.weforum.org/stories/2025/05/step-back-from-brink-for-global-economy-and-other-key-economic-news/
https://www.un.org/pt/node/230130
https://www.mitrade.com/insights/news/live-news/article-3-823302-20250515
https://www.spglobal.com/marketintelligence/en/mi/research-analysis/week-ahead-economic-preview-week-of-16-may-2025.html
https://www.welchforbes.com/insights/economic-outlook-may-2025/
...more
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