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Trade War - SERIES 307 {19 articles}

Prominent Chinese economists blame ‘China model’ for trade war

10/30/2018, 4:47:12 AM
undefined ✔ But he was removed from those posts beginning in 2010 after critics on the faculty questioned his political loyalty and accused him of padding his resumé  an accusation he vigorously denied ✔ What is interesting is that these views are coming out at this moment although since the comments of both authors are regularly scrubbed from the Chinese internet, it is hard to know how much impact they have


USMCA A Victory For Trump, Reduces Global Trade War Risk: Analysts

10/30/2018, 6:45:52 AM
Analysts who spoke to International Business Times thought the deal gave the best possible outcome for Canada but offered little to the United States. ✔ The president and the administration are looking for a forward momentum on trade, so they can set sights on other issues with some of the more friendly trading partners, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management ✔ The deal gives Trump his victory, if nothing else, according to analysts ✔ It also clears the way for the Bank of Canada to continue hiking (interest rates)


Next-wave LNG race hits hurdles in U.S.-China trade war

10/30/2018, 5:45:10 AM
The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has cr... ✔ China is not signing any long-term deals with U.S. projects until the spat is resolved, they said ✔ That’s not good news when there are at least six other new builds or expansions in North America on the cusp of a construction decision, with a handful more eyeing go-aheads by 2020, representing more than $100 billion worth of potential construction ✔ ($1 = 1.3037 Canadian dollars) Our Standards:The Thomson Reuters Trust Principles


Next-Wave LNG Race Hits Hurdles In US-China Trade War

10/30/2018, 6:45:54 AM
The delay of a U.S. Gulf Coast liquefied natural gas export project has crystallized fears the U.S. trade battle with China was hampering efforts to line up buyers. ✔ China is not signing any long-term deals with U.S. projects until the spat is resolved, they said ✔ ($1 = 1.3037 Canadian dollars) Reuters (Reporting by Julie Gordon in Vancouver and Scott DiSavino in New York; Additional reporting by Jarrett Renshaw, David French and Jessica Resnick-Ault in New York, and Gary McWilliams in Houston; Editing by Leslie Adler)


Europe markets seen mixed amid U.S.-China trade war tensions; earnings in focus

10/30/2018, 6:58:46 AM
European stocks are set to open mixed on Tuesday morning, amid fears of a sharp escalation in the trade war between the world's two largest economies. ✔ Major U.S. indexes fell sharply on Monday, giving up gains in a turbulent session that saw the Dow Jones Industrial Average travel more than 900 points ✔ The Euro Area is then set to publish business confidence and economic sentiment for October, followed by flash quarterly GDP data at around 10:00 a.m.


US eyes more China tariffs if Trump-Xi meeting fails: reports

10/30/2018, 4:34:57 AM
Trade war may escalate unless progress made at meeting on the sidelines of Group of 20 leaders' summit in November. ✔ 'Action items' needed Asked about a new tariff announcement, White House Press Secretary Sarah Sanders told a briefing: I'm not going to get ahead of the president's meeting and I hope it goes well ✔ Counting the Cost What's the endgame in the US-China trade war


China’s currency CRUMBLES as the threat of additional US tariffs looms in the near future

10/30/2018, 4:21:57 AM
CHINA saw its currency reach its lowest point in a decade on Tuesday while the threat of new tariffs from the US in the near future remains. ✔ The Yuan’s value remains a major concern as there are worries that it will lead to slow growth in China with the potential for it to fall even further in the coming months ✔ The US might implement more tariffs on China (Image: GETTY) China's currency is at its worst in a decade (Image: GETTY) China’s domestic trade also finished at its lowest point in over a decade


China's yuan hits lowest level in 10 years

10/30/2018, 7:45:58 AM
Chinese yuan hits its weakest point against the dollar since the global financial crisis, leaving investors asking how much farther it might fall. ✔ MUST WATCH Hong Kong (CNN Business)China's battered currency is trading at its lowest point since the global financial crisis, leaving investors asking how much farther it might fall ✔ China does have tools it can use to counter the currency's decline


Dollar holds firms, yuan at 10-year low on fresh Sino-U.S. trade...

10/30/2018, 4:59:40 AM
The dollar held most of its overnight gains against a basket of its key rivals, ... ✔ We expect the Bank of Japan to leave policy on hold at its 31 October meeting ✔ The dollar index, a gauge of the currency’s strength against six major peers, traded at 96.66, up 0.1 percent on Tuesday ✔ remained under the gun due to continued political uncertainty ✔ Our Standards:The Thomson Reuters Trust Principles


Trump says he expects 'great deal' with China, but more tariffs if not

10/30/2018, 7:13:28 AM
U.S. President Donald Trump said he thinks there will be "a great deal"... ✔ U.S. President Donald Trump speaks during a campaign rally at Southern Illinois Airport in Murphysboro, Illinois, U.S., October 27, 2018 ✔ Bloomberg news reported on Monday that Washington was preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between Trump and his counterpart Xi Jinping fail to ease the trade war ✔ Our Standards:The Thomson Reuters Trust Principles


US targets Chinese firm over security fears

10/30/2018, 5:44:00 AM
The US said trade with Chinese chipmaker Fujian Jinhua poses a risk to "national security interests". ✔ The move is the latest escalation in the Trump administration's efforts to stop alleged intellectual property theft ✔ The decision comes amid allegations that the state-backed company has stolen intellectual property from US chipmaker Micron Technology, according to reports ✔ The UK's cyber-defence watchdog also warned that the use of


BHP slashes China, US forecasts as 'lose-lose' trade tensions linger

10/30/2018, 6:54:59 AM
Mining giant BHP has trimmed its economic growth forecasts for China and the US as the two superpowers engage in a "lose-lose" trade spat. ✔ I think we have to be realistic that the current situation will not be solved easily, Mr Balhuizen said ✔ Meanwhile, the United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between Mr Trump and Chinese President Xi Jinping fail to ease the trade war, Bloomberg reported on Monday, citing unnamed sources


US threatens Chinese chipmaker with ban on buying American tech

10/30/2018, 6:04:07 AM
Fujian Jin Hua accused of receiving intellectual property stolen from Micron ✔ Fujian Jinhua Integrated Circuit's new memory chip capacity has raised concerns ✔ By being put on the list, prior permission would be required before U.S. companies could export chipmaking equipment and other American products to JHICC ✔ The measure would effectively eliminate direct sales of American tech to the chipmaker


Hanwha Q CELLS struggles with trade protectionism

10/30/2018, 7:50:43 AM
undefined ✔ He cited China cutting subsidies to solar power generation as another reason for the market decline ✔ Expecting the market will undergo severe restructuring until 2020, the executive said only a few companies with efficient business structures will survive until then ✔ The company's plan to build the U.S. factory was criticized by lawmakers, who regard it as an example of the exodus of Korean manufacturers


Brent oil prices dip on rising supply, market woes

10/30/2018, 5:23:36 AM
High oil prices are hurting consumers and could dent demand. ✔ Oil was also being weighed down by signs of rising supply from top producers ✔ A Saudi pledge to produce as much oil as possible, and the stock market rout, have sharply reduced concerns about the Nov. 4 implementation of U.S. sanctions against Iran, said Ole Hansen, head of commodity strategy at Saxo Bank ✔ (Reporting by Henning Gloystein Editing by Joseph Radford)


Brent oil prices dips on rising supply, global market woes

10/30/2018, 4:40:07 AM
Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global s... ✔ FILE PHOTO - An employee holds a gas pump to refill a car at a petrol station in central Seoul April 6, 2011 ✔ Oil was also being weighed down by signs of rising supply from top producers ✔ Russia has also indicated that it will provide enough oil to meet demand once U.S. sanctions hit Iran from next week ✔ Our Standards:The Thomson Reuters Trust Principles


Hong Kong shares slip amid worries about more US tariffs

10/30/2018, 5:19:49 AM
Chinese automakers rise after report of tax cuts for car purchases ✔ HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower on Tuesday as investors weighed the possibility of the U.S. imposing import tariffs on all shipments from China ✔ Chinese automakers listed in Hong Kong advanced, with Great Wall Motor and Geely Automobile Holdings rising 8.1% and 2.5%, respectively


Asian stocks on edge over escalation in U.S.-China trade tensions

10/30/2018, 5:23:06 AM
Asia shares recouped early losses and crept higher on Tuesday as China made a fr... ✔ The probability of global stocks turning to a bear market is increasing, said Masanari Takada, cross-assets strategist at Nomura Securities ✔ While some investors who look at fundamentals buy stocks on dips, there are other players who keep selling automatically in response to heightened volatility ✔ Our Standards:The Thomson Reuters Trust Principles


Trump must abandon Trumpism to prevail in a new cold war

10/30/2018, 5:19:51 AM
US president's brash unilateralism alienates the allies he needs to win against China ✔ Should bilateral deals fail to bring back manufacturing jobs and reduce America's trade deficits, as is almost certain to be the case, Trump's strategy would lose the Trumpians' support ✔ Minxin Pei is a professor of government at Claremont McKenna College


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