New Tariffs to Test the Strength of U.S.…

Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more. Sausages, ketchup and mustard, plastic plates — all essential…

Ulta Beauty Slides as Forecast Cut Spurs Analysts…

Customers view beauty producst displayed for sale at an Ulta Beauty Inc. store in New York. Photographer: Gabby Jones/Bloomberg Photographer: Gabby Jones/Bloomberg Ulta Beauty Inc. fell the most in almost 12 years after the retailer…

Tesla surges after China says it will exempt…

David Zalubowski/AP Photo Shares of Tesla surged more than 4% in early-morning trading on Friday after China's automotive regulator said it planned to exclude several Tesla models from a purchase tax.  China's Ministry of Industry…

The J&J Opioid Verdict Is Just How the…

Noah Feldman is a Bloomberg Opinion columnist. He is a professor of law at Harvard University and was a clerk to U.S. Supreme Court Justice David Souter. His books include “The Three Lives of James…

Even U.S. Steelmakers Are Flummoxed by Trump-Trade Policy…

Photographer: Alex Flynn/Bloomberg Photographer: Alex Flynn/Bloomberg Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  U.S. steelmakers, intended beneficiaries of President Donald Trump’s metal tariffs, are…

Johnson Seeks Legal Advice on Closing Parliament: Observer

Boris Johnson Photographer: Dylan Martinez/Pool via Getty Images Photographer: Dylan Martinez/Pool via Getty Images U.K. Prime Minister Boris Johnson asked Attorney General Geoffrey Cox if parliament can be shut down for five weeks starting early…