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Trade War - SERIES 187 {11 articles}

US TRADE WAR: China braces for ‘ECONOMIC SHOCK WAVES’ over Trump tariffs

9/27/2018, 6:50:26 PM
CHINA is bracing for “economic shock waves” over punishing tariffs in the wake of its US trade war with the US. ✔ This would also impact jobs in China according to a shock report by JP Morgan (Image: GETTY) Looming levies from US President Donald Trump’s administration are expected to cripple large multinational firms that produce goods for export as well as smaller and medium-sized companies that form part of the power nation’s global supply chain ✔ The sector is already feeling mounting pressure from Mr Trump after he slapped a 25 percent levy on China-made cars in July


Trump said soybean prices have gone up. They're near decade-lows.

9/27/2018, 5:20:02 PM
President Donald Trump claimed US soybeans have largely held up against his trade war with China. But tariffs have pushed prices to lows not seen since 2008. ✔ Also on Wednesday, Trump said China has started buying US soybeans again ✔ And the longer tariffs are in place, the more difficult regaining market share could be ✔ Even under a best-case scenario, ie, cease of the trade war, it will be difficult to fully recover the prior extent of China's soybean import demand in our view, JPMorgan wrote


Trump said soybean prices have gone up. They're near decade-lows. | Markets Insider

9/27/2018, 5:38:21 PM
undefined ✔ Also on Wednesday, Trump said China has started buying US soybeans again ✔ And the longer tariffs are in place, the more difficult regaining market share could be ✔ Even under a best-case scenario, ie, cease of the trade war, it will be difficult to fully recover the prior extent of China’s soybean import demand in our view, JPMorgan wrote


Trump can only go that far with his unilateralism

9/27/2018, 7:41:35 PM
Trump's unilateral vision of the world will hurt the US, but it might also undermine his presidency. ✔ Nations around the world increasingly believe they should be less dependent or even less integrated in the American financial system, which ultimately would weaken the US dollar ✔ ABOUT THE AUTHOR Joe Macaron Joe Macaron is a fellow at the Arab Center Washington DC


Ford wants 'certainty' in any U.S. trade deals: chairman

9/27/2018, 5:16:05 PM
uters) - As the Trump administration negotiates new trade pacts with Canada, Chi... ✔ During the presidential campaign, Trump lambasted U.S. trade deficits as detrimental to American manufacturers and workers ✔ Since taking office, he has pursued a policy of escalating tariffs he says will reverse that trend, including waging an increasingly bitter trade war with China ✔ Our Standards:The Thomson Reuters Trust Principles


China Renaissance shares plunge on trading debut

9/27/2018, 4:17:18 PM
undefined ✔ Among the companies that have experienced damped demand is Xiaomi, the Chinese smartphone maker ✔ Herd mentality is another factor: it often only takes a few visible transactions trading below water for the market to effectively shut down for a significant period of time, before investors can regain the confidence to participate in primary deals, he added


The Fed is clearing the way for the euro to steal a march on the dollar, analyst says

9/27/2018, 5:54:39 PM
Global interest rate differentials are a major currency driver in 2018, but with the Fed moving toward the end of its tightening cycle, the European Central Bank could give the euro ammunition to shove the U.S. dollar out of the lime light. ✔ Earlier in the week, Draghi said he expected a vigorous pickup in underlying eurozone consumer price inflation, which pushed the euro to its highest level since May in Monday trading ✔ The ECB is winding down its asset purchasing program into year-end but has said it won’t raise interest rates until at least summer 2019 ✔ We Want to Hear from You Join the conversation Comment


Bed Bath & Beyond margins suffer as it uses coupons to compete with Amazon

9/27/2018, 5:24:10 PM
Bed Bath & Beyond is using discounts to close the price gap, and it’s hurting margins in the process. ✔ Though competition is an issue, analysts thought Bed Bath & Beyond would benefit from the Toys ‘R’ Us liquidation ✔ Tonya Garcia Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies ✔ We Want to Hear from You Join the conversation Comment


U.S. capital goods orders, trade data temper third-quarter growth...

9/27/2018, 4:13:11 PM
New orders for key U.S.-made capital goods fell in August after four straight mo... ✔ EXPORTS DECLINE The Commerce Department confirmed in a second report on Thursday that the economy grew at a 4.2 percent annualized rate in the second quarter ✔ That was the fastest in nearly four years and almost double the 2.2 percent pace set in the first quarter ✔ Our Standards:The Thomson Reuters Trust Principles


Fed rate hike triggers immediate tightening in Southeast Asia

9/27/2018, 7:23:02 PM
Indonesia and Philippines try to defend currencies amid fresh pressure ✔ President Rodrigo Duterte's Build, Build, Build infrastructure program and the growing domestic economy has widened the country's trade deficit to $22.49 billion, 72% higher on the year, and led to the peso's depreciation ✔ Try 3 months for $9 Offer ends September 30th


Positive Views on Trade, but Countries Are Not Convinced

9/27/2018, 4:37:26 PM
New research from 27 countries shows trade is viewed positively, but differences exist on the perceived advantages. ✔ Workers unloading bags at a port in Zhangjiagang, China.(Johannes Eisele/AFP/Getty Images) Trade has long been a source of countries' domestic political debates and in recent years has become increasingly contentious on the international stage ✔ In contrast, around 4 in 10 people in a negatively perceived economy say trade will bring about more jobs, while only about 30 percent say trade will increase salaries


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