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Trade War - SERIES 251 {10 articles}

US, China trade war: Why robots may be a game-changer

10/15/2018, 6:39:21 PM
America’s $1 trillion manufacturing opportunity sits with robots ✔ We are taking stuff from all over the world and moving to China so that their cheap labor-- or what was cheap labor can assemble goods and then ship it back all over the world, he said ✔ You still need to build the robot, you still need to service the robot, you need to build the factories [and] you need to transport the goods, he said


Growing impact: a third of Japan Inc hurt by U.S.-China trade war -...

10/15/2018, 11:35:55 PM
The number of Japanese companies affected by the U.S.-Sino trade war has jumped ... ✔ A man cycles past chimneys of facotries at the Keihin Industrial Zone in Kawasaki, Japan September 12, 2018 ✔ Companies responded anonymously to the survey, conducted for Reuters by Nikkei Research ✔ It polled 482 large and mid-sized non-financial firms, about 240 of which responded to the question about on the extent of the impact of the trade war ✔ Our Standards:The Thomson Reuters Trust Principles


Trump's trade war is starting to whack car companies like Ford, Honda, and BMW

10/15/2018, 5:26:36 PM
President Donald Trump's tariffs on steel and Chinese goods are starting to impact the bottom line of major automakers like BMW, Ford and Honda. BMW exports form South Carolina have taken a dip following the China tariffs, while Ford and Honda are losing millions from the steel tariff. ✔ It appears the tariffs are slowing down BMW's exports, according to the Charleston Post and Courier ✔ The Trump administration is researching the possibility of imposing tariffs on imported autos and auto parts, a move almost every single automaker has warned would wreck the industry


U.S. Dollar Down Amid Weaker Data, Uncertain Stock Markets

10/15/2018, 6:02:46 PM
The dollar fell amid price swings in U.S. equity markets and weaker-than-expected economic data. ✔ The U.S. divergence story is ebbing and the bar is becoming increasingly higher for the dollar to outperform, said Mark McCormick, North American head of foreign exchange strategy at TD Securities ✔ That undershot economists’ expectations for a 0.7% month-over-month increase


Duterte's quiet pivot

10/15/2018, 10:10:25 PM
Concerned by China's rising naval assertiveness, the Philippines seeks cover with a resurgent U.S. ✔ This proactive pushback against China has reassured allies such as the Philippines, which fretted over the Barack Obama administration's seeming lack of resolve to draw the line in the disputed waters ✔ Richard Heydarian is a Manila-based academic, columnist and author; his latest book is The Rise of Duterte: A Populist Revolt Against Elite Democracy


Xi and Abe to launch new dialogue on intellectual property

10/15/2018, 10:46:03 PM
Revived currency swap line to be expanded 10-fold to 3tn yen ✔ The two sides agreed to discuss resuming currency swaps when Chinese Premier Li Keqiang visited Japan in May ✔ Agreements are expected to be signed on more than 30 infrastructure-related projects ✔ It will come just a few days after the 40th anniversary of the treaty of peace and friendship taking effect between the two countries


BlackRock's $6 trillion investment chief lays out how to guard your portfolio against more losses as the risks of more market turmoil increases

10/15/2018, 5:26:40 PM
BI PRIME: Amid the slump in global stocks, BlackRock is advising investors to focus on making their portfolios resilient to further losses. "We see good reasons why risks will stay elevated or increase further in the short term," the global chief investment strategist said. ✔ Over the long term, the rise in yields should eventually point to higher returns across asset classes ✔ Yet we see good reasons why risks will stay elevated or increase further in the short term, pressuring returns ✔ To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content


Get ready for tax hike, Abe prods skeptical businesses

10/15/2018, 10:10:24 PM
Prime minister fears chaotic rollout, as preparations remain slow ✔ The question of when the 8% rate will apply also looks likely to cause confusion and require thorough employee training, among other preparations ✔ With the global economy flashing signs of a possible downturn amid the U.S.-China trade war, the tax increase could be put off in the event of a serious economic retreat before next summer's parliamentary upper-house elections


12 Issues You Should Read Up On Before Voting In The Midterm Elections

10/15/2018, 5:03:26 PM
Whether you care about immigration, abortion or gun control, Nov. 6 is the time to make your voice heard. ✔ We are approaching Election Day for the 2018 midterms ― and a lot is at stake ✔ At a time of economic recovery, when you’d expect to see some of those gains going to people who are struggling, they didn’t in 2017, one expert told HuffPost last month ✔ Education The Trump administration’s Education Department said it will no longer investigate complaints from transgender students kept from using the bathroom that aligns with their gender identity


President Trump on Christine Blasey Ford, his relationships with Vladimir Putin and Kim Jong Un and more

10/15/2018, 7:13:19 PM
Lesley Stahl speaks with President Trump about a wide range of topics in his first 60 Minutes interview since taking office ✔ Will you pledge-- pledge that you will not shut down the Mueller investigation ✔ President Donald Trump : Well, I-- I don't pledge anything ✔ Produced by Richard Bonin, Graham Messick and Ruth Streeter ✔ Associate producers, Ayesha Siddiqi, Kaylee Tully and Jack Weingart


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