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Trade War - SERIES 199 {11 articles}

TRADE WAR: WTO, IMF, World Bank seek ‘URGENT’ international trade reforms

10/1/2018, 1:09:46 PM
EMERGENCY calls to reform a multilateral trading system have been issued by the World Trade Organisation, International Monetary Fund and World Bank as Donald Trump continues to pull back from global economic agreements. The US President has previously threatened to take his country out of the World Trade Organisation (WTO) claiming it treats the US “badly”. ✔ If they don't shape up, I would withdraw from the WTO Donald Trump The US and China have been stepping up the trade war in recent months, imposing added tariffs on each other’s imports ✔ He has promised US workers that increased tariffs will bring jobs back to the American people


US manufacturing eases in September — ISM

10/1/2018, 2:36:25 PM
undefined ✔ That compares to 61.3 recorded in August and a shade below the reading of 60 that the market had expected ✔ Readings above 50 signal that output in the industry is rising and September’s figure represents the 25th straight month that the sector has expanded


Analyst View: In Trump win, Canada, U.S. deal saves NAFTA as...

10/1/2018, 2:42:21 PM
The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA ... ✔ It really is very small changes to the underlying framework of North American trade, but that’s a positive ✔ It shows investors that in spite of an unconventional approach, the President’s hard tactics seem to be working ✔ Our Standards:The Thomson Reuters Trust Principles


GE Jumps, Tesla Soars as Dow Gains on New Nafta

10/1/2018, 1:17:03 PM
Stocks look set for a higher open this morning as Canada and the U.S. reached a trade agreement. ✔ Trump’s strategy is to fight tariffs with tariffs in the hope of creating a tariff-free trading zone with China, Feinseth says ✔ Tesla (TSLA) is up 15.4% to $305.40 after Elon Musk agreed to step down as chairman as part of this agreement with the Securities and Exchange Commission


U.S. factory activity slows; construction spending edges up

10/1/2018, 2:42:18 PM
U.S. manufacturing activity slowed in September as growth in new orders moderate... ✔ U.S. financial markets were little moved by the data ✔ A second report from the Commerce Department showed construction spending edged up 0.1 percent in August ✔ Homebuilding has been constrained by rising material costs as well as persistent land and labor shortages ✔ Our Standards:The Thomson Reuters Trust Principles


Europe stocks get a boost from U.S.-Canada trade-deal news

10/1/2018, 1:42:52 PM
European stocks were mostly higher on Monday, clawing back some ground seen late last week after the U.S. and Canada resolved a major stumbling block on trade. London failed to join the party, though. ✔ But investors will likely stay glued to updates from the country ✔ Subscribe to MarketWatch's free Need to Know newsletter ✔ Barbara Kollmeyer Barbara Kollmeyer is an editor for MarketWatch in Madrid ✔ We Want to Hear from You Join the conversation Comment


IMF's Lagarde warns trade conflicts dimming global growth outlook

10/1/2018, 3:17:38 PM
International Monetary Fund Managing Director Christine Lagarde said on Monday t... ✔ If the current trade disputes were to escalate further, they could deliver a shock to a broader range of emerging and developing economies, Lagarde added ✔ The IMF and World Bank meetings in Indonesia come 20 years after the Asian financial crisis, in which the archipelago suffered massive capital outflows and had to turn to the IMF for a bailout package that brought painful austerity ✔ Our Standards:The Thomson Reuters Trust Principles


Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite

10/1/2018, 3:21:37 PM
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. ✔ What I would tell you is that our farmer members are supportive in understanding that the administration is trying to do something on intellectual property theft, she says ✔ You expect you're going to be recognized because you've done the hard work, and that isn't actually how it always happens, Ford says


Canada agrees to join trade accord with U.S. and Mexico, sending new NAFTA deal to Congress 

10/1/2018, 3:14:40 PM
Officials said they have reached to an agreement, delivering a key accomplishment to the Trump administration. ✔ Everything we’re doing is designed to lead to higher incomes, higher wages, and a higher standard of living for Americans, said one senior administration official, who insisted upon anonymity to brief reporters ✔ It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home


Emerging markets, despite strengths, still get no respect 

10/1/2018, 12:13:30 PM
The financial profiles of emerging markets are far better than they were just five years ago, but when global investors get worried about risk, emerging market assets are among the first things they sell. ✔ Getty Images Chinese laborers work at a construction site at sunset in Chongqing, China ✔ The Argentine peso has dropped by more than 50 percent this year and the Turkish lira by nearly 40 percent ✔ We're positive on emerging markets but the reality is you'll likely be subject to violent swings, Caron said


Analysis | The Daily 202: Limited FBI investigation of Kavanaugh offers road map for how Trump could try to constrain Mueller

10/1/2018, 1:33:49 PM
If Rosenstein or Sessions goes, the scope of the special counsel’s probe could be limited. And we wouldn’t necessarily know. ✔ In the meantime, parents who arrive with children and cite a fear of return are typically released from immigration custody within days of arrival ✔ https://t.co/1xGSM14jK3 pic.twitter.com/5WN2EVCmOi ABC News (@ABC) September 30, 2018 And this cow delighted the Internet: Cows play fetch ✔ pic.twitter.com/5T5JYONgHE Fluff Society (@FluffSociety) September 30, 2018


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