In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, now straining under sweeping tariffs imposed by Donald Trump.

Focus for the week will center on U.S. PCE inflation data and any further news on President Trump’s plans for trade tariffs.

Oregon exports surged by more than 20% last year, topping $34 billion and coming within a whisker of an all-time high. The state’s economy is heavily reliant on global trade, with Oregon electronics, ...