China's economy hit a speed bump in April, with industrial production growing at a slower pace than before. The slowdown comes as trade tensions with the U.S. escalated, thanks to hefty new tariffs that are starting to pinch.

What This Mean: This isn’t just about China—when the world’s second-largest economy stumbles, it ripples across global markets. The U.S.-China trade spat is no longer just political noise; it’s now visibly dragging on growth, which could mean higher prices, weaker exports, and tougher conditions for businesses tied to either economy. If this keeps up, everyone from factory workers to shoppers might feel the squeeze.