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Trade War - SERIES 320 {17 articles}

Could Trump's trade war with China hurt Republicans?

11/1/2018, 6:51:32 PM
President Trump's trade war with China is starting to have impact in the United States -- with soybean farmers feeling the heat. Politico's Steven Shephard joins CBSN to discuss how this may affect Republicans in key states ahead of the midterms.


Trump’s trade war looms over divided U.S. farm belt ahead of vote

11/1/2018, 6:21:12 PM
Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-po... ✔ Two of the four House races in Iowa, the top corn producing state, are considered up for grabs ✔ Democrat Abby Finkenauer has been hitting the trade issue hard as she vies to oust Trump ally and U.S. Representative Rod Blum in one of the districts ✔ Our Standards:The Thomson Reuters Trust Principles


Trump to meet with Xi after 'very good talk' about ending trade war

11/1/2018, 6:17:23 PM
Trump said Thursday said trade discussions with China were 'moving along nicely' and that he planned to meet with Chinese President Xi Jinping at the upcoming G-20 summit in Argentina. ✔ The Chinese president was also quoted as saying that he was willing to meet Trump in Argentina during the G-20 summit ✔ And we’re changing them.' Trump warned that if China doesn't 'treat us fairly, we’re not going to treat them fairly' in remarks at an event for American workers at the White House


BlackRock CEO: US and China are headed towards a 'full-fledged' trade war

11/1/2018, 5:49:59 PM
BlackRock's Fink was speaking at the DealBook conference in New York on Thursday. ✔ See also: 'Bite-size, usable, and shareable': BlackRock's CMO explains the $6.4 trillion giant's digital rebrand BlackRock is launching a new suite of products to capture a red hot market for do-good funds that could grow to $400 billion by 2028


American manufacturers are seriously worried about the 'mounting pressure' caused by Trump's trade war | Markets Insider

11/1/2018, 4:24:59 PM
undefined ✔ Higher costs related to trade tariffs are starting to be passed on to the cost of goods sold, another said ✔ Bringing back jobs by reducing the trade deficit, which the president views as a general sign of economic weakness, has been one of his signature promises since the campaign trail


China's Xi hopes to push for stable relationship with U.S.: China...

11/1/2018, 4:18:53 PM
Chinese President Xi Jinping hopes China and the United States will be able to p... ✔ The two countries’ trade teams should strengthen contact and conduct consultations on issues of concern to both sides, and promote a plan that both can accept to reach a consensus on the China-U.S ✔ China and the United States are locked in a trade war, and both countries have already placed tariffs on some of each others’ imports ✔ Our Standards:The Thomson Reuters Trust Principles


When Janet Yellen Expects the Next Recession

11/1/2018, 5:32:20 PM
Former Fed Chair Janet Yellen doesn’t sound too worried about the next recession. ✔ Current growth is at a pace that’s not sustainable for very long because of the tight labor market, she also said ✔ ALSO IN ADVISOR CENTER Advisors, Careful About These Assets in a Divorce HD Vest CEO to Depart Firm Do Custom Loans Spell Trouble


WTO reform proposal features penalties and bans, aimed at China

11/1/2018, 7:02:59 PM
US-led plan restricts right to speak if members neglect reporting obligations ✔ China has come under criticism from the international community for excessively subsidizing its steel industry, yet it has hardly ever notified the WTO of such measures since 2006 -- the year it became the world's top steel exporter by volume ✔ But forceful opposition from China could cloud the proposal's prospects


FBI official on China threat: ‘They are not pulling any punches’

11/1/2018, 7:44:49 PM
The deputy director of the Federal Bureau of Investigation was blunt Thursday when describing what he said was the threat to American companies from China. ✔ Nearly every one of our 56 FBI field offices throughout this nation has investigations into economic espionage that lead back to the country of China ✔ Attorneys for Fujian Jinhau, UMC, Chen and the two others couldn’t immediately be identified ✔ UMC shares fell after the indictment was announced ✔ We Want to Hear from You Join the conversation Comment


Dow Gains 232 Points, and Stocks May Finally Be Cheap...If There’s No Recession

11/1/2018, 4:13:49 PM
To judge from the start of trading for the month, November looks to be a better month for stocks than October was. Valuations may point to gains. ✔ The S&P 500 is now trading at 15.7 times forward earnings, down from 18.2 times at the start of the year ✔ Tesla (TSLA) is up 1.8% to $343.51 after CEO Elon Musk tweeted that an updated autonomous summon feature will be ready in about six weeks ✔ Roth Capital initiated coverage of the stock with a Neutral rating


Earnings season has been unusually terrible for many companies — here’s what investors are rewarding, and how to get in on the action

11/1/2018, 5:50:05 PM
Strategists at Deutsche Bank have laid out what investors are rewarding during the third-quarter earnings season. ✔ According to the firm, this trend can be taken as a sign that the bull market is near the end of its cycle, since it appears that traders are exhausting their rewards for good news ✔ To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content


Pakistan's Khan heads to China to seek more aid

11/1/2018, 6:36:17 PM
Faced with acute financial crisis, prime minister keeps options open between Beijing and IMF ✔ The mixed messages suggest that China remains Pakistan's first choice for a rescuer ✔ Pakistan's foreign exchange reserves came to $7.8 billion on Oct. 19, down from $19.4 billion two years earlier ✔ An IMF relief package, however small, helps in obtaining financing from other multilateral lenders as well as global markets


Trump, Xi upbeat on U.S.-China trade disputes ahead of meeting

11/1/2018, 5:49:45 PM
U.S. President Donald Trump and Chinese President Xi Jinping both expressed opti... ✔ Those discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina ✔ Also had good discussion on North Korea! U.S. LAWMAKERS IN BEIJING Earlier on Thursday, Chinese Premier Li Keqiang told a group of visiting U.S. politicians that China and the United States could overcome their differences and get relations back on track if they worked together in a spirit of mutual respect ✔ relationship’s ups and downs over the past four decades of diplomatic ties ✔ Our Standards:The Thomson Reuters Trust Principles


Japan looks to use Pacific trade pact as shield from tough U.S. demands

11/1/2018, 4:32:07 PM
Even without the participation of the world’s largest economy, the deal has been described as a game-changer. ✔ In October, U.S. Agriculture Secretary Sonny Perdue indicated that Washington will urge Tokyo to reduce tariffs on agricultural products beyond levels agreed to under the CPTPP ✔ It has yet to be seen whether the current multiplying effect will continue, one Japanese government official said, referring to the one-after-another passage of multilateral trade deals


Opinion | The global threat of China’s digital authoritarianism

11/1/2018, 7:47:36 PM
Democracies need to take immediate action to slow Beijing’s techno-dystopian expansionism. ✔ By Michael Abramowitz and Michael Chertoff November 1 at 8:15 AM Michael Abramowitz is the president of Freedom House ✔ Suspicions of untrustworthiness may land individuals in one of Xinjiang’s secretive reeducation camps ✔ Beijing is working hard to propagate its system around the world


In the Race Between Humans and Robots, Humans Are Often Winning

11/1/2018, 5:30:03 PM
Companies like Airstream, the maker of retro-cool, high-end trailers, find it more efficient to use a workforce of people, rather than make sizable investments in automation that risks being wasted if the economy slows. ✔ A crew of laborers finishes electrical work on a trailer at the Airstream production facility in Jackson Center, Ohio ✔ Much of that went toward new tooling for stamping out body parts, but relatively little went toward adding automation, Mr. Hinrichs said


New Caledonians poised to cast long-awaited vote on independence from France

11/1/2018, 6:31:04 PM
✔ Nickel, not dimed New Caledonia boasts a quarter of the world’s known supply of nickel, a core component for manufacturing stainless steel, electronics and coins ✔ French Prime Minister Édouard Philippe, for his part, will travel to New Caledonia on Monday with Overseas Territories Minister Annick Girardin


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