US, China switch on Board of Trade: consumer goods top tariff-relief list

US-China Board of Trade consumer goods tariff relief

US Trade Representative Jamieson Greer said the US-China Board of Trade has been operationalized after talks with Vice Premier He Lifeng in New York, with consumer goods and low-tech items from China first in line for tariff relief. Here is how the mechanism works, which tariff layers it can reach and what remains unresolved before the September 24 summit.

Nike exits the S&P 100 on September 21: retail loses two index seats

Nike S&P 100 removal September 2026

S&P Dow Jones Indices will drop Nike and Simon Property Group from the S&P 100 on September 21, 2026, replacing them with four information technology names. Nike’s market value has fallen about 78% from its 2021 peak, while Simon is leaving the index despite raising its full-year guidance.