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Trade War - SERIES 130 {10 articles}

Trade war cuts into China's high-tech production

9/14/2018, 8:06:40 PM
US tariffs slow output growth for robots and integrated circuits ✔ Those same factors likely caused consumer prices to rise as well, driving up personal consumption more than any growth in demand ✔ The tally also grew for food products as the heat raised prices for goods like pork and vegetables ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


Trade-war fears to loom large over stocks

9/14/2018, 10:45:22 PM
The single biggest fear dogging the financial markets is not the possible unraveling of emerging markets or the U.S. midterm elections but the specter of a full blown trade war, according to some strategists. ✔ Oliver Jones, markets economist at Capital Economics, believes the Fed will continue to hike rates by 25 basis points once a quarter between now and the middle of 2019, pushing the 10-year yield to 3.25% by the end of 2018 ✔ We Want to Hear from You Join the conversation Comment


S&P 500 bends, doesn't break, as Trump doubles down on trade war

9/14/2018, 10:15:22 PM
While analysts cautioned about the dire effects of a trade war and Trump instructed aides to impose additional tariffs on China, US stocks kept churning higher. ✔ Goldman Sachs and JPMorgan Chase this week cautioned about the dire effect of a full-blown trade war -- fears stoked by news that President Donald Trump had instructed aides to impose additional tariffs on Chinese products ✔ Photo: Bloomberg But the S&P 500 Index keeps churning higher ✔ The Aussie dollar traded 0.58 per cent lower overnight at US71.53¢


Trade wars called self-defeating, harmful to everyone involved

9/15/2018, 12:30:36 AM
A trade war is self-defeating as well as harmful to others, and it is meaningless to discuss who suffers more, a Foreign Ministry spokesman said on Friday. ✔ A worker sorts and removes imperfect almonds at Capay Canyon Ranch in Esparto, California, in April ✔ A broad cross section of US businesses warned that the proposed tariffs will force Americans to pay more for items - from cradles to coffins - that are used on a daily basis, it said


Analysis | In Trump’s trade wars, China’s unexpected win: More friends

9/14/2018, 8:05:36 PM
In recent years, China had disputes with the European Union, Japan, South Korea and others. Now it's making nice with them to find allies for its trade war against the United States. ✔ The People’s Liberation Army this month participated in Russia’s biggest military drills since the Soviet era, while Xi and Russian President Vladimir Putin sipped vodka at a summit in their latest display of brotherhood ✔ Historically, that’s typically been an effective reason for building alliances


Trump asks aides to press ahead with $200 billion in tariffs on Chinese goods

9/14/2018, 11:53:51 PM
President Donald Trump is urging his administration to move ahead with slapping tariffs on $200 billion of Chinese goods, according to a person familiar with the plans. ✔ The next round of US tariffs on Chinese goods is likely to make thousands of products, including dishwashers, Fitbit fitness trackers and food seasonings, more expensive for American consumers ✔ The Trump administration has already imposed 25% tariffs on $50 billion worth of Chinese goods ✔ -- CNN's Jethro Mullen contributed to this report


There's a good chance 'sanity will prevail' in US-China tariff battle, says UBS chairman

9/15/2018, 9:23:48 AM
Washington and Beijing are not likely to undo a lot of the positive benefits that each country experienced due to globalization, Axel Weber, chairman of UBS, told CNBC at the annual Singapore Summit. ✔ Michele Limina | Bloomberg | Getty Images Axel Weber, chairman of UBS Group The tariff battle between the United States and China has not yet entered a stage where it's a trade war, and it's likely sanity will ultimately prevail, according to the chairman of Swiss investment bank UBS ✔ That could escalate: The U.S. is considering additional tariffs on $200 billion in Chinese goods and President Donald Trump said he was ready to hit China with another $267 billion in tariffs


Claire McCaskill and Josh Hawley spar in first Senate debate

9/14/2018, 10:23:41 PM
Missouri Sen. Claire McCaskill is one of the most vulnerable Democrats up for re-election this year ✔ McCaskill slammed a lawsuit brought by Hawley, the state's attorney general and 19 other GOP attorneys general, saying it would strip away consumer protections under the Affordable Care Act ✔ The two candidates were joined onstage by Green Party candidate Jo Crain and independent Craig O'Dear, who is trying to attract votes from citizens tired of partisan gridlock in Washington


Global debt ballooned 40% in decade after financial crisis

9/15/2018, 1:13:04 AM
Borrowing fueled by ultralow rates could spark next disaster ✔ Borrowing has not spurred much growth in developed economies either ✔ Starbucks bought back $4.9 billion in stock in the year through June, funded partly with $2.9 billion in bonds issued over the same period ✔ Try 3 months for $9 Offer ends September 30th


[VIEW] China and the US should make a strategic compromise

9/15/2018, 1:54:15 AM
undefined ✔ The most important lesson is always to consider denuclearization as the highest interest ✔ The failure of the six-party talks was in large part the consequence of strategic ignorance of the previous American administrations ✔ Li Kaisheng is a research fellow of the Institute of International Relations, Shanghai Academy of Social Sciences, China


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