The Biggest Losers In a US-China Trade War
10/16/2018, 2:55:28 AMIt's not China. ✔ Unlikely, said a panel of experts speaking at the Fortune Global Forum in Toronto on Monday ✔ He notes the future growth of the country’s economy depends more than anything on them and their continued appetite for goods and services ✔ She expressed confidence in the government’s decision makers, most of whom she noted spent time at international financial institutions like IMF and the World Bank and have knowledge and respect for such institutions
Even optimists are giving up hope of a quick resolution to the US-China trade war
10/16/2018, 12:39:40 AMInvestors and economists for months have clung to the hope that rational self-interest would ultimately bring a negotiated end to the United States-China trade war, perhaps even ahead of the U.S. mid-term congressional elections next month. ✔ Daniel Acker | Bloomberg | Getty Images Soybeans are harvested with a Deere & Co. combine harvester in this aerial photograph taken above Tiskilwa, Illinois ✔ Indeed, the prospect of a protracted fight that is likely to drain economic and investment energy for much of next year, at least, is gaining ground
Trump Tariffs Yet To Sting China; Pain Could Begin In January
10/16/2018, 4:00:30 AMBut the 25 percent tariffs from January, 2019, could slow Chinese growth, raise U.S. inflation and put more downward pressure on emerging markets. ✔ Signs with the US flag and Chinese flag are seen outside a store selling foreign goods in Qingdao in China's eastern Shandong province on September 19, 2018 ✔ Yung said the Chinese currency, which is down about 10 percent since the beginning of this year, could likely depreciate another 5-10 percent if the trade war escalates
Ford unveils new China SUV, eyes sales boost next year
10/16/2018, 3:56:16 AMU.S. carmaker Ford Motor Co unveiled a new China sport utility vehicle (SUV) on ... ✔ Still, Ford’s new SUV hits the market at a time demand for such cars in smaller cities across China has started to cool ✔ China’s car sales fell the most in nearly seven years in September, hit by cooling economic growth ✔ Our Standards:The Thomson Reuters Trust Principles
Rep. Brat and Democrat Spanberger tangle in first — and likely only — debate
10/16/2018, 1:56:23 AMThey are competing in Va.’s 7th District, a rural-suburban mix in play in the Trump era. ✔ By Laura Vozzella Laura Vozzella Local reporter covering Virginia politics Email Bio Follow October 15 at 9:40 PM CULPEPER, Va ✔ Brat said Spanberger would hike health-care spending by $32 trillion ✔ You don’t do competition by doubling down and doing a full government takeover of healthcare
Asia stocks edge up but Saudi tensions limit gains
10/16/2018, 3:56:14 AMAsian stocks rose modestly on Tuesday, gaining a firmer footing after a week of ... ✔ Hong Kong’s Hang Seng added 0.15 percent and the Shanghai Composite Index was last up 0.1 percent ✔ Data on Tuesday showed China’s factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world’s second biggest economy as it remains locked in an intensifying trade war with the United States ✔ Our Standards:The Thomson Reuters Trust Principles
ECB still set to turn off QE taps despite cocktail of risks:...
10/16/2018, 12:27:04 AMThe European Central Bank will end its bond-buying program in less than three mo... ✔ The deposit rate will rise 15 basis points to -0.25 percent in the third quarter and the refinancing rate to 10 basis points from the current zero percent in the final quarter of 2019, according to the latest poll ✔ Our Standards:The Thomson Reuters Trust Principles
China's cooling factory-gate inflation signals waning demand
10/16/2018, 3:22:59 AMChina's factory-gate inflation cooled for a third straight month in Septemb... ✔ FILE PHOTO: A customer selects products at a supermarket in Shanghai, February 10, 2015 ✔ Profit growth at China’s industrial firms slowed to a five-month low in August, fanning concerns about faltering domestic demand ✔ Our Standards:The Thomson Reuters Trust Principles
Treasury Secretary Steven Mnuchin May Visit China As Trade Tensions Simmer
10/16/2018, 4:00:33 AMThe U.S. has threatened to impose tariffs on up to $150 billion of Chinese imports to try to force changes in Beijing's industrial policies. ✔ China welcomes this, the ministry said in a statement on its website ✔ A number of officials expressed a desire for clarity on what the United States ultimately wants from China, and whether Trump will settle for lower Chinese auto tariffs, a short-term reduction in the U.S.-China trade deficit or hold out for fundamental changes in industrial policy ✔ But they need to articulate actions to be taken, said Robert Holleyman, a former deputy U.S. Trade Representative in the Obama administration
Analysis | How Trump bobs and weaves to avoid the truth
10/16/2018, 1:36:02 AMIn ‘60 Minutes’ interview, the president resorted to his favorite moves to sidestep facts ✔ Trump also continues to misstate the trade deficit with China ✔ (About our rating scale) Send us facts to check by filling out this form Sign up for The Fact Checker weekly newsletter The Fact Checker is a verified signatory to the International Fact-Checking Network code of principles
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