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 323 {14 articles}

China stocks gain on trade war hopes 11/2/2018, 6:42:02 AM It follows possible signs of progress on resolving a bitter trade battle between the US and China. ✔ Skip Twitter post by @realDonaldTrump Just had a long and very good conversation with President Xi Jinping of China ✔ Separately, the South China Morning Post - also citing unnamed sources - reported that Mr Trump had offered to host a dinner for the Chinese president after the G20 summit Japan carmakers’ weapon in trade war: Flexible factories 11/2/2018, 4:14:28 AM SMYRNA, Tennessee--At points along the assembly line at Nissan Motor Co.’s largest U.S. factory, wor ✔ ‘PEOPLE ARE MORE FLEXIBLE’ Using one assembly line to build a variety of different body styles requires careful coordination that starts with the engineers who design the vehicles, and extends to the construction of the tools used to weld and assemble them Wine industry could be next victim of US, China trade war 11/2/2018, 4:42:35 AM In April,...

War Countries - SERIES 412 {15 articles}

Riyadh must be pressed to end its war in Yemen 11/14/2018, 10:44:28 AM undefined ✔ The kingdom’s de facto leader had already proved ruthless in his treatment of critics and rivals ✔ The kingdom’s stability and role in countering Iran are seen as vital ✔ The immediate priority is to halt the fighting and ensure access for aid deliveries to prevent millions from starving The hidden toll of American drones in Yemen: Civilian deaths 11/14/2018, 9:56:45 AM Investigation by the Associated Press finds that more than 30 killed in drone attacks in 2018 were not al-Qaeda members. ✔ The group withdrew from areas it controlled in the south but was allowed to keep weapons and money under secret deals it struck with the United Arab Emirates, a coalition member ✔ The first was in 2009 in the southern village of al-Majalah ✔ Mistakes happen from bad intel or misjudging behaviour, he said ✔ WATCH: What can a UN investigation achieve in Yemen What game is Russia playing in Afghanistan? ...

Trade War - SERIES 132 {10 articles}

The worst case scenario of a US-China trade war could be a new bear market: Data 9/16/2018, 7:16:18 PM Running a series of different scenarios in the U.S.-China conflict, experts at FactSet have come up with a worst-case scenario, one in which the U.S., along with a few others, would see a bear market emerge. ✔ Trade war stress test for stocks Click to edit Optimistic Base case Conservative All countries -8.34 -12.11 -16.97 5 Best Japan 4.44 6.61 7.46 Switzerland -2.46 -2.27 -5.23 Denmark -3.21 -2.73 -6.27 Portugal -3.49 -3 -6.12 Netherlands -3.68 -3.29 -7.04 5 Worst Hong Kong -9.28 -15.7 -21.93 UK -9.57 -12.84 -19.45 U.S. -10.83 -16.45 -21.88 Canada -10.97 -15.25 -21.94 Israel -13.44 -19.05 -27.01 Source: FactSet In the event of the trade war continuing, investors fleeing from stocks would be looking for safe havens like bonds Crunch time: could Trump and China test in...

War Countries - SERIES 382 {10 articles}

Honoring veterans on Veterans Day 11/9/2018, 2:42:52 AM Veteran’s Day had its origin at the end of World War I in 1918, a conflict so horrendous that it was dubbed “the Great War” or “the war to end all wars,” with the United States playing the decisive role in the Allied powers final victory. ✔ It went into effect on the 11th hour of the 11th day of the 11th month in 1918, after some 20 million people from both sides had given their lives in the war effort ✔ Not surprisingly, the number of veterans who turn out to vote has been consistently higher than non-veterans by 16 percent to 30 percent ✔ His father, a World War II veteran, is 95 years old The wargame that could have ended the world 11/9/2018, 1:20:32 AM A military exercise staged 35 years ago this week almost triggered World War Three. Previously secret documents now reveal what happened. ✔ On 7 November 1983, around 100 senior military officers gathered at Nato headquarters in Brussels to ‘fight’ World War Three ✔...

Travel - SERIES 389 {41 articles}

Growing consensus: Thanksgiving will be busiest ever for air travel 11/14/2018, 1:45:57 PM There’s growing consensus: This will be the busiest Thanksgiving ever for air travel. The busiest day? Airlines says it will be the Sunday after the holiday. ✔ A4A projects a record 30.6 million passengers will travel on U.S. airlines during a 12-day window around Thanksgiving ✔ TODAY IN THE SKY : From barf bags to dinnerware, airline memorabilia shows have it all Passengers arrive for their flights at Chicago O'Hare International Airport on Nov. 23, 2016 Watch from the cockpit as pilot expertly lands plane in torrential thunderstorm 11/14/2018, 3:24:09 PM DRIVING a car in a thunderstorm is hard enough – let alone landing a plane. A video shows a pilot and his co-pilot managing to land a plane during a terrifying thunderstorm in Palma de Majorca in S… ✔ The airport’s weather forecasters are based in the airport's operational control centre in Heathrow's head office and ...

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