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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Trade War - SERIES 293 {17 articles}

Australia boosts LNG output to feed China's growing appetite 10/25/2018, 8:07:27 PM Beijing's energy shift and US trade war provide an opening ✔ We recognized more than three years ago that the period of oversupply would not last and set about lining up projects to progress when the market rebalanced, Coleman said in June ✔ Santos was also founded in 1954 as an oil exploration company and entered the LNG business in 2006 China may wait it out rather than deal with Trump 10/26/2018, 1:55:31 AM Trump better start thinking about an exit strategy from a trade war that is showing no signs of easing, writes David Andelman ✔ MUST WATCH The real cost of Trump's tariffs 09:02 David A ✔ Author of A Shattered Peace: Versailles 1919 and the Price We Pay Today, he was formerly a foreign correspondent for The New York Times and CBS News in Asia and Europe ✔ And indeed, there has been a degree of impact in China, even beyond its stock markets Google corporate ...

Disasters - SERIES 315 {23 articles}

Magnitude 6.5 earthquake recorded east of New Caledonia: USGS 10/16/2018, 1:04:02 AM An earthquake with a preliminary magnitude of 6.5 was recorded east of New Caled... ✔ The epicenter of the quake was 190 km (120 miles) east of Tadine in the Loyalty Islands at a depth of 33 km (20 miles), the USGS said ✔ There was no immediate threat of a tsunami, according to the Pacific Tsunami Warning Center in Hawaii ✔ Our Standards:The Thomson Reuters Trust Principles Information in English about earthquake in Hokkaido 10/16/2018, 3:16:12 AM Information in English about the earthquake in Hokkaido(Update Oct. 16)Local governments Life of people from landslide-hit area at temporary settlement 10/16/2018, 1:34:50 AM A landslide that caused the formation of a barrier lake near a section of the Jinsha River, struck Bolo township on Oct 11, with several bridges, fields and villages affected. ✔ People from landslide-hit area herd the cattle at a temporary settlement in Bolo township of...

War Countries - SERIES 384 {26 articles}

America's Syria Proxies Withdraw From the Fight Against ISIS 11/9/2018, 11:43:45 AM undefined ✔ The halt of the SDF operation there will likely contribute further to ISIS expansion in the direction of the Iraqi border ✔ Surprise! The Kurds think they need to go fight the Turks rather than serve the US desire to keep one of the two land routes from Syria to Iran closed Afghanistan peace conference kicks off in Moscow 11/9/2018, 10:18:10 AM The conference marks Russia's attempt to get the Afghan authorities and the Taliban together at negotiating table. ✔ Russia's first attempt to hold the conference in September fell through after the Afghan authorities refused to attend ✔ The latest phase of Afghanistan's decades-old war began in 2001, when the US-led troops overthrew the Taliban government in the wake of the September 11 attacks on the United States Soldier who rescued dog from Syria sends This Morning fans wild 11/9/2018, 11:52:12 AM TV viewers coul...

Autos - SERIES 101 {14 articles}

August’s auto-unlock tech is coming to other smart locks 9/25/2018, 1:07:21 PM It’s still making new products, too. ✔ We have a core philosophy in August that if we’re in doubt of your position to not unlock the door, he says ✔ We’re not going to ask them now to make three decisions after they pick out a lock ✔ It’ll also begin selling two locks in the Assure line bundled with the August module for $279 and $299 Brits will need a Green Card when driving in the EU if there's a no-deal Brexit 9/25/2018, 3:42:49 PM BRITS will need to apply for a Green Card to prove their car is insured when driving in Europe should there be a no-deal Brexit. The government has warned that a car cover certificate must be shown… ✔ PA:Press Association 2 Green Cards will need to be checked upon entering the EU EU residents will also face the same situation when driving in the UK, although no detail has yet been released regarding how Green Cards will be checked here ✔ From what was an eas...

Trade War - SERIES 224 {17 articles}

US, China trade war could dent economic growth 10/9/2018, 4:38:20 PM The president said on Tuesday China is “not ready" to make a deal. ✔ The IMF predicts the global economy will grow by 3.7 percent in 2018 and 2019 – a 0.2 percentage point downward revision from previous forecasts ✔ In a press conference at the White House on Tuesday, President Trump said China wants to make a deal and … they’re not ready yet, adding that is a reason his administration has canceled a couple of meetings with Beijing The Unknowable Fallout of China’s Trade War Nuclear Option 10/9/2018, 5:15:31 PM China holds more than a trillion dollars in United States debt, and an escalating trade war could tempt it to wield that debt in a way that has long been unthinkable. ✔ Over the weekend, China’s central bank, clearly nervous about a slowdown, pumped $175 billion into the economy by lowering the amount of money that some lenders are required to hold in reserve, allowing that money to circulate ...

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