Trade War - SERIES 63 {10 articles}

Trump trade war: Could U.S.-Mexico deal signal more stock gains?

Wall Street cheers U.S.-Mexico trade deal, view agreement as step in right direction in global tariff fight. ✔ The start of the televised phone call with Mexico's president Monday announcing a major trade agreement got off to an awkward start ✔ It’s worth remembering that every trade deal is different, Craig Erlam, senior market analyst at currency trading firm OANDA, told USA TODAY

China and US come to aid of industries hit by trade war

Washington to pay $4.7 billion in assistance to affected farmers ✔ Beijing, meanwhile, is supporting companies through greater lending ✔ There will be six days of public hearings for affected industries and organizations, raising businesses' hopes that Trump will reconsider ✔ Similar policies will not be able to offset the impact if the trade war intensifies

Global stocks soar on US-Mexico trade breakthrough as Canada is sidelined

Stock markets hit six-month high as trade war fears recede, with Steve Mnuchin saying: ‘Our objective is to get Canada on board quickly’ ✔ Wilbur Ross, the US commerce secretary, confirmed on Tuesday that the Trump administration is fully prepared to go ahead with or without Canada in ripping up Nafta and warned that Canada’s economy can’t survive well without a US deal ✔ In announcing the deal on Monday, Trump said: With Canada, frankly, the easiest thing we can do is to impose a tariff on their cars coming in

Mitsubishi Electric moves machine tool production out of China

US-bound devices now made in Japan to avoid additional tariffs ✔ Mitsubishi Electric will move production for markets other than the U.S. out of Japan ✔ But they are feeling indirect pressure from the trade war, with manufacturers less willing to invest in new machinery, for instance ✔ Komatsu plans to relocate output of certain parts for American-built hydraulic excavators from China to Japan and Mexico

Trump To Japanese Prime Minister For Some Reason: 'I Remember Pearl Harbor'

“I’m on to the Japanese,” Trump reportedly told Shinzo Abe at a meeting this summer. ✔ And you can’t say that about a lot of the world leaders, a U.S. official told the publication ✔ The escalating trade war and Trump’s relationship with North Korea have continued to be points of contention between the two countries ✔ There is no change in our basic recognition about the threat of North Korea’s nuclear weapons and missiles

Wall Street hovers near record high

undefined ✔ The bilateral deal helped allay some trade war fears and helped boost stocks ✔ The dollar also came under pressure from a speech by Fed chair Jay Powell at a symposium of central bankers in Jackson Hole, Wyoming, on Friday, which was largely interpreted as dovish

Trump freezing Canada out in NAFTA negotiations is 'straight from the Art of the Deal' | Markets Insider

undefined ✔ Hugo Perezcano Diaz, former head of international trade for the Ministry of Economy in the Mexican government, told Business Insider in early August he thought a NAFTA deal could be reached in coming months but games the president is known to play seemed to keep optimism at bay

Intraday Update: Stocks Stall Out Waiting for Canada

The higher the peak, the harder the climb. So stocks were expected to take a breather after making fresh records. ✔ Meanwhile, the Dow Jones Industrial Average was treading water ✔ No deal could lower the probability that the central bank of Canada hikes rates next week ✔ Qualcomm (QCOM) was up 3.1% to $69.44 after it announced preliminary results of its modified Dutch auction

Analysis | Trump: Diplomatic snake-oil salesman

Trump's over-the-top claims won't cease. ✔ But Trump and the U.S. Trade Representative Robert Lighthizer say they’re moving ahead regardless, which doesn’t appear possible ✔ But the path laid out by Trump doesn’t appear to be a viable one, and like his previous, self-proclaimed diplomatic coups, it falls apart almost instantly upon further inspection

U.S. consumer confidence races to near 18-year high

U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year. ✔ Stocks on Wall Street were trading flat a day after the United States and Mexico reached an agreement on an overhaul of the North American Free Trade Agreement (NAFTA) ✔ The dollar .DXY slipped to a four-week low against a basket of currencies ✔ Our Standards:The Thomson Reuters Trust Principles

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Travel - SERIES 283 {31 articles}

Saudi Arabia: You should NEVER do these things - you could go to prison or even face death 10/17/2018, 1:56:14 PM SAUDI ARABIA is a country where the laws and customs are vastly different to what most Britons are used to in the UK. If you do these things in the Islamic country you could be sent to prison, or worse, face death. ✔ According to Middle East Eye, the punishment for alcohol is at the discretion of the judge ✔ Locals and expats will often travel over the border to Bahrain if they want to drink or go clubbing ✔ Second passports will be confiscated by the immigration authorities if they’re discovered ✔ Make sure you have included emergency contact details 'It’s important a Brit cracks this journey first' – Lou Rudd launches bid to cross Antarctica solo 10/17/2018, 12:44:29 PM Captain Lou Rudd, MBE will today launch his attempt to be the first person to cross Antarctica solo, unsupported and unassisted. ✔ He was just 30 miles short of his goal when he collaps...

Travel - SERIES 231 {14 articles}

Review: 'Living in the Future's Past' pins climate change on human culture - Los Angeles Times 10/4/2018, 8:26:34 PM “Living in the Future’s Past” takes a look at climate change as a natural result of our culture as a species. Our desire to consume, travel and spread, without perceiving the long-term threats facing our planet is why we’re in the pickle that we’re in. ✔ Rather than relying on scare tactics about the doom and gloom that face us, Living in the Future’s Past carefully lays out how our human actions, as a collective organism on the Earth’s surface, naturally has an effect on the planet ✔ ------------- ‘Living in the Future’s Past’ Not rated Running time: 1 hour, 24 minutes Flying on the first-ever transatlantic jet engine flight 10/4/2018, 9:48:46 PM British Airways' predecessor, the British Overseas Airways Corp., flew the first turbo jet engine aircraft -- the British de Gavilland Comet 4 -- from New York to London and London t...

War Countries - SERIES 307 {11 articles}

U.S. coalition says it hit Islamic State fighters in Syria mosque... 10/21/2018, 2:43:26 PM The U.S.-led coalition said on Sunday it had killed militants in eastern Syria b... ✔ The strike on Thursday killed 12 militants, disabling a command center they had used to attack coalition forces and their allies, it said ✔ Such Daesh misuse of the mosque is another example of their violation of the law of war and made the mosque a valid military target, spokesman Colonel Sean Ryan said, using the Arabic acronym for Islamic State ✔ Our Standards:The Thomson Reuters Trust Principles 24/7 war machine: US developing HYPERSONIC missiles to be everywhere, all the time 10/21/2018, 2:07:21 PM THE US military is developing hypersonic missiles with the aim of becoming a "24/7 war machine", an expert has claimed. ✔ DARPA, the Defence Advanced Research Projects Agency – the US defence agency for developing new military technologies – is working on making America a 24/7 war machine f...

Trade War - SERIES 106 {13 articles}

Dozens of manufacturing companies testified about how Trump's trade war with China could affect them - here's what they said | Markets Insider 9/9/2018, 12:51:08 AM undefined ✔ AP Photo/Evan Vucci The Trump administration has prepared to place import tariffs on all Chinese products entering the country ✔ Today though, I am here, and I feel that I'm not testifying just for Royce but more on behalf of the thousands of US textile workers, the US military, and the blue collar professionals who the administration has pledged support for China's trade surplus with U.S. hits new record in August 9/9/2018, 7:12:01 AM China's trade surplus with the United States ballooned to a new record $31 billion in August despite a raft of U.S. tariffs, official data showed Saturday, adding fuel to the flames of a searing trade war. The figures were released hours after President Donald Trump threatened to slap tariffs on… ✔ The figures were well below July's performance...

Trade War - SERIES 127 {28 articles}

China says it will not 'surrender' in the trade war and 'has enough fuel to drive its economy even if a trade war is prolonged' 9/14/2018, 7:49:59 AM An editorial in the state-run China Daily paper said on Friday that China will not "surrender" in the trade war against the US. Representatives from both sides are due to meet again soon to discuss a potential resolution to the ongoing dispute. ✔ It has enough fuel to drive its economy even if a trade war is prolonged, the newspaper said in an editorial ✔ If the United States imposed new levies on Chinese imports then Beijing will not hesitate to take countermeasures against US tariffs to safeguard China's interests, it added ✔ (Reporting by Adam Jourdan; editing by Richard Pullin) US gas exports to China are threatened by a trade war 9/14/2018, 11:10:11 AM undefined ✔ Homegrown hydrocarbons are a priority of the Trump administration ✔ Officials are doing what they can to loosen rules for drillers...

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