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Trade War - SERIES 164 {11 articles}

Get Ready for T-Day in the US-China Trade War

9/22/2018, 2:36:59 PM
Get Ready for T-Day in the US-China Trade War ✔ The fee is set to increase to 25% on January 1, 2019 ✔ China responded strongly to sanctions placed on its military by the U.S. warning that if the sanctions weren’t lifted, America must take all the consequences ✔ Find previous editions here, and sign up for other Fortune newsletters here


No end in sight to China-US trade war as talks reportedly canceled

9/22/2018, 5:36:58 PM
Beijing looks unlikely to make any concessions before American midterm elections ✔ It is following up on a promise not to negotiate under threat, The Wall Street Journal reported, citing people briefed on the matter ✔ It seems like the U.S. is up to its old tricks again, but we know that only too well and remain unruffled ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


The head of the world's biggest money manager says US stands to lose big long term in the trade war

9/22/2018, 2:12:42 PM
The U.S. is winning the trade war with China in the short term but stands to lose significantly over the long term, BlackRock CEO Larry Fink said Thursday. ✔ The world is probably less economically safe, he said ✔ Now that this multilateralism is breaking down, populism is rising, focusing on the individual needs of a country ✔ WATCH: A (brief) history of the world's trade wars A (brief) history of the world's trade wars    5:00 PM ET Mon, 30 April 2018 | 03:43


BANK OF AMERICA: Here's how to protect yourself from getting blindsided by the outcome of Trump's trade war that many aren't prepared for

9/22/2018, 1:02:02 PM
BI PRIME: According to Bank of America Merrill Lynch's cross-asset strategists, investors are only positioned for one outcome of the trade war. The US and China this week escalated their trade dispute that has sent investors fleeing from risky emerging-market assets. ✔ In that situation, given where sentiment and positioning are, you could see a big rally in EM and cyclical assets ✔ Such a rally would challenge the majority view, according to Bank of America's survey of fund managers, that emerging-market risk is higher than normal ✔ To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content


US-China trade talks stall amid tariff standoff

9/22/2018, 5:05:38 PM
Negotiations between the United States and China have stalled after President Donald Trump ordered new tariffs on Chinese goods. ✔ A number of businesses, including Target, Apple, and Walmart, the country's largest retailer, warned the administration in a letter that new tariffs on Chinese goods would result in price hikes ✔ CNN's Cristina Alesci, Jeremy Diamond, Matt Rivers and Donna Borak contributed to this report


China summons US ambassador over military sanctions

9/22/2018, 5:55:03 PM
Beijing protests US sanctions imposed on China's military over the purchase of Russian fighter jets and missiles. ✔ The US state department said the Chinese procurement of S-400 surface-to-air missiles and Sukhoi SU-35 jets from Russia breached a US sanctions law targeting Russia for its alleged meddling in the 2016 US election and its activities in Ukraine ✔ Are US Sanctions Realigning Global Alliances


China cancels trade talks with U.S. amid escalation in tariff threats

9/22/2018, 2:01:10 PM
China scotched trade talks with the U.S. that were planned for the coming days, according to people briefed on the matter, further dimming prospects for resolving a trade battle between the world’s two largest economies. ✔ Nothing the U.S. has done has given any impression of sincerity and goodwill, Chinese Foreign Ministry spokesman Geng Shuang said at a news briefing Friday ✔ Subscribe to MarketWatch's free Asia Daily newsletter ✔ We Want to Hear from You Join the conversation Comment


US shale risks becoming next casualty in China trade spat

9/22/2018, 1:05:26 PM
Beijing's LNG tariff to shift energy flows as buyers and sellers seek options ✔ With the ranks of both exporters and importers increasing, this game of musical chairs is likely to continue ✔ The U.S.-China trade war may rearrange flows completely, Dave Ernsberger of S&P Global Platts says ✔ Try 3 months for $9 Offer ends September 30th


America’s tariffs on China are likely to last for some time

9/22/2018, 1:48:02 PM
That is bad news for everyone ✔ Though some firms will be disrupted, most Americans will not notice the damage (see article) ✔ Its growth seems to be slowing and its stockmarket is down almost a quarter from its peak in January ✔ And his administration has identified China as a strategic competitor ✔ America’s latest escalation against China is no more likely to be speedily reversed


Opinion | Is Trumponomics working? Not really.

9/22/2018, 2:55:34 PM
Despite short-term gains, the forecast calls for a recession in 2020. ✔ Likewise, the corporate investment incentives are temporary: They may simply bring investment forward, depriving tomorrow’s economy of its tech caffeine jolt ✔ Volcker senior fellow for international economics at the Council on Foreign Relations and a contributing columnist for The Post


Some see signs of hope on North Korea as Trump heads to UN

9/22/2018, 2:00:10 PM
WASHINGTON (AP) — North Korea's Kim Jong Un is "little rocket man" no more. President Donald Trump isn't a "mentally deranged U.S. dotard." In the year since Trump's ✔ WASHINGTON (AP) North Korea's Kim Jong Un is little rocket man no more ✔ His blunt talk triggered an extraordinary, almost surreal, exchange of insults ✔ The leaders announced a wide range of agreements which they said were a major step toward peace on the Korean Peninsula


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