Skip to main content

Trade War - SERIES 123 {15 articles}

The trade war is already hurting US companies in China

9/13/2018, 8:55:23 AM
Nearly two-thirds of US firms who responded to a survey by American chambers of commerce in China reported that the waves of new tariffs have harmed their business. ✔ That could still happen before the next round of tariffs kick in ✔ The Trump administration has invited Chinese officials to hold a new round of trade talks, top White House economic adviser Larry Kudlow said Wednesday ✔ But that scenario risks underestimating China's capability to continue meeting fire with fire


Sonny's roadshow: How Trump's Ag chief sells a trade war to farmers

9/13/2018, 11:26:47 AM
Breaking off from a tour of dairy operations on a farm in upstate New York, U.S. Agriculture Secretary Sonny Perdue tramps across a muddy path to take a sample of sweet corn from an adjacent field. ✔ REUTERS/Shannon Stapleton With a wide smile, he shucks the ear and takes a bite, then passes it around to others in the crowd before getting back to his mission: selling farmers on the merits of President Donald Trump’s trade war ✔ We are just getting taken advantage of way too much ✔ Some farm industry advocates have long railed against the North American Free Trade Agreement, which Trump has relentlessly targeted ✔ Our Standards:The Thomson Reuters Trust Principles


Malaysian official: We 'should try to take advantage' of the US-China trade war while it can

9/13/2018, 9:38:47 AM
Malaysian Finance Minister Lim Guan Eng acknowledged that his country "hope(s) the trade war would fizzle out because it's not good for the global economy and what's not good for the global economy is not good for Malaysia in the long term." ✔ We have to go through the legal process and due process takes a long time, but we are getting there, Lim said, commenting on the current progress of recovering the missing funds from 1MDB ✔ He had pleaded not guilty to both charges, saying they were politically motivated


China welcomes U.S. invite for trade talks, Asian markets relieved

9/13/2018, 9:31:01 AM
China said on Thursday that it welcomed an invitation by the United States to hold a new round of trade talks, as Washington prepares to further escalate the U.S.-China trade war with tariffs on $200 billion worth of Chinese goods. ✔ China has threatened retaliation, which could include action against U.S. companies operating there ✔ bilateral meeting at the G20 leaders summit in Hamburg, Germany July 8, 2017 ✔ REUTERS/Carlos Barria/File Photo Our Standards:The Thomson Reuters Trust Principles


China, HK stocks climb on hopes of fresh U.S. trade talks

9/13/2018, 9:09:37 AM
Stock markets rallied in China and Hong Kong on Thursday and the Chinese yuan firmed after the Trump administration invited Beijing to restart trade talks, offering some hope the two sides could pull back from the brink of a full-blown trade war. ✔ The White House had quickly backed away after an apparent framework deal was agreed in May ✔ [FRX/] While we agree this should provide short term relief, the road ahead can still be tricky, Tai Hui, chief market strategist for JP Morgan Asset Management, said in a morning note ✔ Our Standards:The Thomson Reuters Trust Principles


Oil slips from 4-month highs on economic concerns 

9/13/2018, 11:10:28 AM
Oil prices fell on Thursday, slipping back from four-month highs as investors focused on the risk that emerging market crises and trade disputes could dent demand even as supply tightens. ✔ Nick Oxford | Reuters A drilling crew member on an oil rig in the Permian Basin near Wink, Texas ✔ The White House has invited Chinese officials to restart trade talks just as it prepares to escalate a trade war with China with tariffs on $200 billion worth of Chinese goods


Oil slips as economic concerns counter tighter supply

9/13/2018, 8:55:29 AM
Oil prices fell on Thursday, slipping back from four-month highs as investors focused on the risk that emerging market crises and trade disputes could dent demand. ✔ U.S. oil production growth is stalling: reut.rs/2CPGl2p Short-term, the outlook is for tighter supply ✔ Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore, said the inventory data showed a much deeper drop than analyst’s expectations ✔ Iran oil exports to Asia : tmsnrt.rs/2CEzade Our Standards:The Thomson Reuters Trust Principles


Chinese electric vehicle maker Nio makes bumpy start following $1B IPO

9/13/2018, 11:16:16 AM
Nio, the Tesla -wannabe electric vehicle firm from China, enjoyed a mix start to life as a public company after it raised $1 billion through a listing on the New York Stock Exchange on Wednesday. The firm went public at $6.26 — just one cent above the bottom of its pricing range — meani… ✔ That makes it cheaper than Tesla vehicles in China but it has only just got to making money ✔ Byton, which raised $500 million from investors in June, is one of a number of competitors to Nio which also include BYD a startup backed by Warren Buffet’s Berkshire Hathaway  Youxia, MW Motor and others


European stocks advance as central banks grab the spotlight

9/13/2018, 9:25:32 AM
Europe’s main stock gauge rose modestly Thursday, adding to its weekly gain as traders waited for moves by three central banks. ✔ Don’t miss: 5 things about a U.S.-China trade war that might surprise investors In addition, European markets have been sensitive to Brexit-related news ✔ Subscribe to MarketWatch's free Need to Know newsletter ✔ We Want to Hear from You Join the conversation Comment


Major U.S. trade groups link up in anti-tariff coalition

9/13/2018, 10:10:12 AM
More than 80 have joined with farmers for an all-out push ahead of the midterms as Trump considers more tariffs ✔ The White House is pushing tariffs as a powerful negotiating tool for winning what it says are better trade deals for all Americans ✔ Every day, companies large and small are sharing their stories of the harm the tariffs and ensuing retaliation are causing across all sectors of the American economy


Malaysia hopes to recover 30% of missing 1MDB billions

9/13/2018, 9:59:59 AM
undefined ✔ Last week, Malaysia and Singapore agreed to postpone for two years a multibillion-dollar high-speed rail project to link the neighbours ✔ He argued that the US-China trade war was a bigger long-term risk to Malaysia than the emerging markets turbulence, even though US and Chinese manufacturers have shown a short-term uptick in interest in investing in the south-east Asian nation


ECB reaffirms plans to halt bond buying programme

9/13/2018, 11:56:48 AM
undefined ✔ The European Central Bank has gone ahead with plans to wind down its crisis-era stimulus, confirming that it will halve the amount of bonds it buys under its landmark quantitative easing programme from €30bn a month to €15bn from October until the end of the year ✔ The plans to halt its expansion come at a time when threats to the outlook are on the rise


Waning co-operation makes next crisis more difficult to tackle

9/13/2018, 9:26:22 AM
undefined ✔ Despite governments’ austerity policies, particularly in Europe, global debt now totals about $250tn, 75 per cent more than when Lehman failed ✔ They should invest more in public goods, services, and infrastructure, and in equipping citizens with the skills they need to cope with globalisation and rapid technological change


Chinese stocks, yuan relieved after US offers exit ramp from tariffs on $200 billion in goods

9/13/2018, 9:47:15 AM
China's stocks and currency have lifted up after it welcomed a US offer for talks before the Trump administration hits $200 billion worth of Chinese goods with tariffs. ✔ REUTERS/China Daily So far, the United States and China have hit $50 billion worth of each other's goods with tariffs in a dispute over U.S. demands that China make sweeping economic policy changes, including ending joint venture and technology transfer policies, rolling back industrial subsidy programs and better protecting American intellectual property


Analysis | For Donald Trump, it was a summer of tariffs and more tariffs. Here’s where things stand.

9/13/2018, 9:15:57 AM
The collateral damage across the U.S. economy raises new questions about Trump's trade policy. ✔ President Trump reacts during a rally in Lewis Center, Ohio, on Aug. 4 ✔ On July 6, the U.S. slapped levies on $16 billion of imports, followed by $34 billion more on August 23 ✔ Bown is a senior fellow at the Peterson Institute for International Economics in Washington


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

Fashion - SERIES 423 {19 articles}

Black Friday 2018: When is Black Friday? Where can I get the best fashion deals? 11/12/2018, 6:18:56 PM BLACK Friday 2018 will be the biggest shopping day of the year, so be sure to make a note of the date in your diary. Here we reveal where to get the best fashion deals. ✔ Black Friday 2018 is the perfect time for you to grab a load of bargains in time for Christmas ✔ Failing that you could just treat yourself to some new winer clothes ✔ The sale event began in the US, but has quickly turned into a massive phenomenon in the UK ✔ Black Friday 2018: It has become a big phenomenon in the UK (Pic: GETTY) 3 Red Carpet Fashion At The People's Choice Awards 11/12/2018, 5:20:21 PM Here's how attendees dressed at the revamped show. ✔ Victoria Beckham Scarlett Johansson Danai Gurira Mila Kunis Susan Kelechi Watson Shay Mitchell Rita Ora Harry Shum Jr ✔ and Shelby Rabara ...
Post a Comment
Read more

War Countries - SERIES 65 {33 articles}

Donald Trump, South Korea’s Moon Jae-in talk North Korea denuclearization 9/4/2018, 7:00:31 PM President Trump spoke Tuesday with South Korean President Moon Jae-in, with the two leaders discussing the ongoing effort to denuclearize North Korea, the White House said. ✔ He promised to update the president after the meeting, the White House said ✔ After early signs of progress, including North Korea returning the remains of 55 U.S. soldiers killed in the Korean War, progress stalled ✔ Both sides look to the other to make the next move ✔ Last month, Mr. Trump cancelled a planned visit by Secretary of State Mike Pompeo to Pyongyang for continue talks Spain halts major missile sale to Saudi Arabia over Yemen fears 9/4/2018, 6:36:51 PM Laser-guided missile transfer to Saudi Arabia stopped amid increasing concerns for slain Yemeni civilians. ✔ It sets an incredibly important precedent across Europe and to the governments who are continuing to arm and support this brutal bombardme...
Post a Comment
Read more

Travel - SERIES 103 {33 articles}

One year after Hurricane Irma, Florida's travel industry recovers 9/7/2018, 9:47:48 AM One year after Hurricane Irma hit the USA, Florida recovers. Hotels are re-opening and airlift is increasing. ✔ The resort has two new restaurants and an expanded adults-only area ✔ Attractions re-open All 10 Keys state parks are open for day use as restoration efforts continue ✔ When it debuts in late fall, this center will showcase the Keys’ four national wildlife refuges with exhibits and a nature bookstore operated by the Florida Keys Wildlife Society Booking flights? Cheapest website to compare prices on isn't the one you'd think 9/7/2018, 9:31:25 AM THE cheapest website for comparing flights has been revealed, and it might not be one that you’d normally use. Which? looked at the leading comparison websites and searched for 10 different flight … ✔ also surveyed people about 12 flight comparison sites that they would recommend to others ✔ For those heading off to the lik...
Post a Comment
Read more

Fashion - SERIES 105 {28 articles}

London Fashion Week drops fur from runway 9/7/2018, 11:41:49 AM London Fashion Week will drop fur from its runway this season, after organizers confirmed that no designers are planning to use the material at this month's event. ✔ The BFC survey results reflect a cultural change based on ideals and choices made by designer businesses, international brands as well as consumer sentiment, the organization said in a statement ✔ The decisions were also encouraged by the stance of multi-brand stores who are moving away from selling fur, the statement added New York Fashion Week models flash bare bums in underwear is outerwear trend 9/7/2018, 8:21:57 AM NEW York Fashion Week is back with a bang – and this year’s style is more eye-popping than ever. Take a look at Discount Universe's collection from Day 1. ✔ GETTY SHEER DELIGHT: Many of the garment incorporated see-through fabric A Cinderella-like ballgown was given a sexy makeover by Discount Universe ✔ They attend the s...
Post a Comment
Read more