Skip to main content

Trade War - SERIES 110 {15 articles}

America, China and the route to all-out trade war

9/10/2018, 12:00:03 PM
undefined ✔ The protectionists at the heart of the administration in particular Robert Lighthizer, the US trade representative, and Peter Navarro, policy adviser on trade and manufacturing in the White House have long regarded China as the core of America’s trade problems


China threatens RETALIATION after Trump warns of fresh tariffs in trade war

9/10/2018, 1:23:29 PM
CHINA has threatened to hit back at the United States if Washington ramps up the trade war between the two countries after Donald Trump declared he was ready to slap extra tariffs on virtually all Chinese imports. ✔ But Beijing pledged an immediate response to any fresh trade measures ✔ The $200bn we are talking about could take place very soon depending on what happens with them ✔ The $200bn of Chinese goods on the US list includes consumer products such as cameras and recording devices, luggage, handbags, tires and vacuum cleaners, with additional tariffs ranging from 10 to 25 percent


Wall Street higher as tax cut hopes keep trade war fears at bay

9/10/2018, 2:18:58 PM
U.S. stock indexes were higher on Monday, boosted by the consumer discretionary sector and as hopes for a new round of tax cuts overshadowed fears of an escalation in the Sino-U.S. trade war. ✔ On Friday, Trump said he was ready to levy additional taxes on practically all Chinese imports, threatening duties on $267 billion of goods over and above planned tariffs on $200 billion of Chinese products ✔ Our Standards:The Thomson Reuters Trust Principles


China ‘Will Not Hesitate to Inflict Pain’ on the U.S. as It Fights Trump’s Trade War

9/10/2018, 3:22:10 PM
China will not hesitate to retaliate in the escalating trade war with President Donald Trump and the U.S., even if it means hurting itself, a Beijing-backed think tank says. ✔ Chinese President Xi Jinping attends an inauguration ceremony in Hong Kong, China in 2017 ✔ But people will wake up from the Trump frenzy, she said, and realize the cost of these policies ✔ Both Chen and Xu emphasized that they would prefer a good and far-reaching relationship that is mutually beneficial


Europe leads fightback after Asian shares floored again

9/10/2018, 12:32:40 PM
Gains in Europe helped steady global stock markets on Monday, after rising anxiety about the U.S.-China trade war and further Fed rate hikes gave Asia its longest losing streak since the end of 2015. ✔ RELIEF IN SWEDEN Stockholm and the Swedish crown strengthened after the nationalist Sweden Democrats gained less ground than polls had predicted in elections on Sunday ✔ REUTERS/Peter Nicholls FRAGILE CHINA The most eyecatching action was in Asia again ✔ REUTERS/Toru Hanai Our Standards:The Thomson Reuters Trust Principles


Monday Morning Briefing

9/10/2018, 12:20:48 PM
Monday Morning Briefing ✔ Sweden faced weeks of uncertainty after its mainstream center-left and center-right blocs emerged in a dead heat from an election on Sunday, while the far-right - which neither wants to deal with - made gains on a hardline anti-immigrant platform ✔ Our Standards:The Thomson Reuters Trust Principles


10 things you need to know before the opening bell | Markets Insider

9/10/2018, 12:27:45 PM
undefined ✔ Getty / Drew Angerer Here is what you need to know ✔ It is expected to hit the Carolinas on Thursday morning and move further inland ✔ The National Hurricane Center warned that it would most likely bring devastating storms and floods to those regions ✔ The Shanghai Composite (-1.2%) declined in Asia, while Germany's DAX (+0.4%) led gains across Europe


10 things you need to know before the opening bell

9/10/2018, 12:03:29 PM
This is what traders are talking about. ✔ It is expected to hit the Carolinas on Thursday morning and move further inland ✔ Shares fell 14% last week after Liu Qiangdong was detained in the US over Labor Day weekend ✔ The Shanghai Composite (-1.2%) declined in Asia, while Germany's DAX (+0.4%) led gains across Europe ✔ Federal Reserve Consumer Credit is set to be released at 3 p.m. ET


Apple supplier shares slide after Trump tells the tech giant to make its products in the US

9/10/2018, 12:19:03 PM
Shares of Apple suppliers fell after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on Chinese imports. ✔ Aaron Favila | AFP | Getty Images U.S. President Donald Trump smiles in front of Chinese Premier Li Keqiang as they line up to enter the Special Gala Celebration of the 50th Anniversary of ASEAN in Manila on November 12, 2017 ✔ Chien Bor-yi, an analyst at Taipei-based Cathay Futures Consultant, said Apple's component supply chain in Taiwan would take a major hit if the United States increased tariffs on Chinese imported products


Analysis | North Korea is trying to play off Beijing and Washington — and come out the winner

9/10/2018, 12:35:02 PM
Praising China while keeping nukes away from his big parade, Kim Jong Un is proving to be a deft diplomat. ✔ Kim Jong Un managed to put on a great show, and make progress on two of his most important foreign policy goals at the same time, said Zhao Tong, a fellow at the Carnegie-Tsinghua Center for Global Policy in Beijing ✔ Kim, having achieved a credible nuclear program, is now moving on to the second track in the two-track strategy he laid out in 2013: economic development ✔ China is not turning on the economic taps, Cathcart said


Volvo Is Delaying Its IPO, the Latest Victim of Trump's Tariff War With China

9/10/2018, 12:15:25 PM
Less stable market conditions have made the timing “not optimal,” CEO Hakan Samuelsson said. ✔ The move comes after initial investor feedback in July was said to value the company, owned by China’s Zhejiang Geely Holding Group (gelyy), far below top-end estimates ✔ Also on Monday, British sports-car maker Aston Martin moved ahead with its decision to list shares in London, citing the company’s turnaround as a deciding factor ✔ He declined to elaborate on the financial impact of the higher tariffs


Oil up as U.S. drilling growth stalls, Iranian sanctions bite

9/10/2018, 3:21:18 PM
Oil prices rose on Monday as growth of U.S. drilling braked and investors anticipated lower supply once new U.S. sanctions against Iran's crude exports kick in from November. ✔ Outside the United States, Iranian crude oil exports are declining ahead of a November deadline for the implementation of new U.S. sanctions ✔ Although many importers of Iranian oil have said they oppose sanctions, few seem prepared to defy Washington ✔ Our Standards:The Thomson Reuters Trust Principles


Stock markets pick up after Asia drops over Trump tariffs

9/10/2018, 12:19:50 PM
SINGAPORE (AP) — European stock markets rose and Wall Street was expected to open higher on Monday, despite a drop in Asia, where investors fretted over the possibility of new and ✔ SINGAPORE (AP) European stock markets rose and Wall Street was expected to open higher on Monday, despite a drop in Asia, where investors fretted over the possibility of new and bigger U.S. tariffs on Chinese goods ✔ The economy added a strong 201,000 jobs and the unemployment rate stayed at 3.9 percent, near an 18-year low


Mika Rottenberg review – Sneezing rabbits, dismal bingo and labour pains

9/10/2018, 2:40:16 PM
A bilious multicoloured world of dreck and drudgery, female wrestlers and fake fingernails is revealed in Rottenberg’s labyrinthine sculpture and video ✔ The man is seated in a characterless room that looks more like a cell ✔ Like the galleries themselves, with their sunken wells and strange and unexpected sightlines, Rottenberg’s art is labyrinthine ✔ In an early work, Mary’s Cherries, a cast of female wrestlers pedal at bicycle-powered machines, fabricating Maraschino cherries from fake fingernails and putty (or is it chewing gum?)


Analysis | The Finance 202: Financial risk returns a decade post-crisis

9/10/2018, 12:35:09 PM
Industry is hiring regulators. ✔ (Andrew Harnik/AP) Perdue seeks concessions from Canada ✔ #TNYcartoons A post shared by The New Yorker Cartoons (@newyorkercartoons) on Sep 8, 2018 at 12:56pm PDT BULL SESSION Naomi Osaka upsets Serena Williams to win controversial U.S. Open: Obama is back


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Apple Inc - SERIES 156 {17 articles}

Apple buys team from UK chipmaker Dialog in $600m deal 10/11/2018, 1:17:14 PM Apple has used Dialog’s chips to manage battery life since the first generation iPhone was launched a decade ago ✔ Zaghari-Ratcliffe was arrested during a holiday with her toddler daughter in April 2016 ✔ The deal represents an expansion of Apple’s chip design operations, which kicked into high gear in 2010 when the company released its first custom processor for the iPad and iPhone Stolen Apple IDs in China Lead to Mobile-Payment Pilfering 10/11/2018, 1:02:21 PM China’s two mobile-payments giants, Alibaba affiliate Alipay and Tencent's WeChat Pay, said stolen Apple IDs were used to swipe customer funds, and called on Apple to address the issue. ✔ Both Alipay and WeChat Pay hold billions of dollars of customer funds in escrow to facilitate mobile and online transactions ✔ Some consumers in China prefer Apple devicesincluding the iPhoneand services over those of its Chinese rivals running on An...
Post a Comment
Read more

Trade War - SERIES 217 {13 articles}

China pumps $109bn into economy as trade war bites on growth 10/7/2018, 7:07:23 AM Central bank slashes the reserve requirements for banks, freeing extra cash for infrastructure and businesses ✔ China has slashed the amount of cash some of its banks must hold in reserve as Beijing’s leadership seeks to bolster a flagging economy ✔ Global share markets were poised to open down on Monday after selling on Friday in Europe and Wall Street ✔ #PBOC #tightrope https://t.co/CQFeoQItj2 October 7, 2018 Marketmantra191 (@Marketmantra191) #BREAKING⁠ ⁠:#PBOC cut #RRR for banks by 1%, effective from 15 Oct. It will release about 1.2tn yuan liquidity A top economy watcher believes a 'potentially lethal combination' could unleash inflation 10/6/2018, 9:18:16 PM One of the world's leading authorities on Asia sees a destructive element baked into the U.S. and China trade war. ✔ Despite the new deal to replace the North America Free Trade Agreement, Roach isn't optimistic the...
Post a Comment
Read more

Trade War - SERIES 160 {23 articles}

Micron outperforms, but trade war costs emerge 9/21/2018, 12:36:46 PM BOISE, Idaho (AP) — Micron's stock is down nearly 6 percent ahead of the opening bell with collateral damage from the U.S.-China trade war overshadowing a strong performance from ✔ The U.S. says Beijing pilfers foreign trade secrets and forces U.S. companies to hand over technology in return for access to the Chinese market ✔ FILE - This Feb. 3, 2012 file photo shows the exterior view of memory chip maker Micron offices in San Jose, Calif China refuses to back down in escalating U.S. trade war 9/21/2018, 3:03:28 PM The trade war between the U.S. and China has escalated with new tariffs imposed by both sides. CBSN contributor and Signal newsletter writer for GZERO Media, Willis Sparks, explains why China isn't backing down. Fitch slashes global economic growth forecast over US-China trade war 9/21/2018, 1:48:30 PM International rating agency Fitch has downgraded its 2019 globa...
Post a Comment
Read more

Trade War - SERIES 138 {15 articles}

Asia set for a cautious open as US-China trade war escalates 9/17/2018, 11:58:41 PM President Donald Trump will impose 10 percent tariffs on $200 billion worth of Chinese imports, and those duties will rise to 25 percent at the end of the year, according to a Monday announcement from the White House. ✔ Kiyoshi Ota | Bloomberg | Getty Images The Japan Exchange Group logo is displayed on a glass door at the Tokyo Stock Exchange (TSE) in Tokyo, Japan ✔ Earlier this month, reports suggested that the U.S. was seeking to restart trade talks with China ✔ U.S. futures also declined during early Asian hours, following the announcement Cramer: China's stock market wouldn't be tumbling if the US was losing the trade war 9/17/2018, 10:29:13 PM Jim Cramer points out the difference in market performance in China and the United States and ties it to the trade war fears that are rattling investors. ✔ Investors fretted on Monday about what would come of President Donald Trump's...
Post a Comment
Read more

Trade War - SERIES 283 {23 articles}

US-China trade war: MILLIONS of US jobs LOST because of China trade deficit - SHOCK data 10/24/2018, 1:25:32 AM MILLIONS of US jobs have been lost as a result of Washington’s increased trade deficit with Beijing since China joined the World Trade Organisation (WTO) 17 years ago, a new report has revealed. ✔ China has experienced rapid growth in its economy over recent years (Image: GETTY) Trump has enforced a series of punitive sanctions on China as he pursues his America First mantra (Image: GETTY) Trump added more tariffs to a further $200billion (£154billion) of Chinese imports in September, to which Beijing retaliated by introducing levies on an additional $60billion (£46billion) of US goods Trump's moves complicate Asia's adjustment to higher rates 10/24/2018, 6:56:31 AM Trade war and fiscal stimulus add to market stress, says chief of central bank group ✔ U.S. President Donald Trump speaks at a campaign rally for U.S. Senator Ted Cruz in Houston, Texas o...
Post a Comment
Read more