Skip to main content

Trade War - SERIES 333 {14 articles}

U.S. ethanol producers feeling the pinch from Trump trade war

11/9/2018, 9:17:12 PM
U.S. ethanol producers drew a bleak picture of their industry in quarterly filin... ✔ The economic run cuts will likely last into next year and may be expanded, Pacific Ethanol CEO Neil Koehler warned ✔ With China in the mix, it would be a very different market and margin environment today, Koehler said in an earnings call ✔ Our Standards:The Thomson Reuters Trust Principles


Trump’s trade war may have helped Democrats win the House

11/10/2018, 12:43:46 AM
They made inroads among farm communities in the Republicans’ Upper Midwest stronghold. ✔ By Jeff Stein Jeff Stein Reporter for Wonkblog Email Bio Follow November 9 at 11:44 AM Minnesota’s 8th Congressional District, which runs along the U.S.-Canada border, has one of the highest concentrations of iron miners in the country ✔ They pointed in particular to races along the Upper Mississippi Valley, which encompasses northwest Illinois, northeast Iowa, southeast Minnesota and southwest Wisconsin


Trump's trade war could dent China's domestic consumption, dragging down the rest of Asia

11/10/2018, 2:59:18 AM
Asian countries' exports are potentially vulnerable to the U.S.-China trade war on two fronts: changes to global supply chains and slowing Chinese domestic demand. ✔ Nelson Ching | Bloomberg | Getty Images A Chinese flag flies on a vessel moving past shipping containers being unloaded at a Tianjin Port Group Co. dock in Tianjin, China ✔ In any case, given the significance of its impact on most or all Asian economies, the U.S.-China trade war is likely to remain negative for the region over the coming two years, Kuijs said


Japan corporate earnings teeter on China trade fears

11/9/2018, 9:16:22 PM
Profits seen dropping 15% in second half, leaving flat annual growth ✔ Fears of an economic slowdown across the water in China have Japanese businesses pessimistic about October-March earnings ✔ Yet analysts point to the risk of slower Chinese growth as a result of the trade standoff between Beijing and Washington ✔ But retail struggled with a domestic economy that Mitsubishi UFJ Morgan Stanley Securities senior economist Hiroshi Miyazaki described as at a standstill


Duke Energy CEO Says "Trade is On Everyone's Mind"

11/9/2018, 8:39:35 PM
Despite trade worries and rising interest rates, Duke continues to invest in new technology. ✔ One common refrain this corporate earnings season is trade tariffs ✔ With revenues of $23 billion, the Charlotte, North Carolina utility is ranked number 125 on the Fortune 500 list of the largest companies in America ✔ We continue to see growth on the part of our industrial customers


Japanese firms see U.S. trade talks boosting exports despite Trump rhetoric

11/9/2018, 10:08:39 PM
Half of Japanese companies expect new trade talks with Washington to boost their U.S.-bound exports, a Reuters poll found, despite President Donald Trump’s intensifying drive to cut the trade gap between the two major economies. There are, however, concerns among more than half of the respondents that the talks, which… ✔ Underlying such concerns are fears that Washington might link trade with foreign exchange policy and monetary easing and accuse Japan of keeping the yen artificially weak ✔ They must become conscious as world leaders and mend their ways by taking account of harmful effects from prioritizing their own country


American beer is feeling the pinch of Trump's tariffs - Los Angeles Times

11/9/2018, 11:24:26 PM
In a vivid example of how Trump's trade tactics abroad can hurt business at home, the U.S. beer industry, which needs aluminum to make cans, is seeing costs rise. ✔ Though many U.S. businesses support the idea of taking a tough line with Beijing, members of Trump's Cabinet, economic advisors and industry groups warned that tariffs would create uncertainty and increase costs for U.S. companies that import goods ✔ The uncertainty may prevent Krill of Cape May Brewing from reinvesting in his business until the long-term impact of the tariffs becomes clear


Wall Street should stay out of US-China trade talks: White House's Navarro

11/9/2018, 9:48:17 PM
Trump adviser expresses skepticism whether deal is even possible ✔ Unless these broader and deeper issues are addressed, we are in for a long winter in U.S.-China relations, Paulson told an economic forum ✔ They want to get us to the bargaining table, sound reasonable and talk their way while they keep having their way with us


Donald Trump says Emmanuel Macron ‘insulting’ on EU army comments

11/10/2018, 2:01:55 AM
undefined ✔ The Trump administration believes that the US should not be constrained by a treaty that does not apply to China and other countries if Russia is not adhering to the arms-control pact ✔ He has frequently lashed out at Germany and some other European nations for not meeting a pledge to spend 2 per cent of their gross domestic product on defence


Chinese-owned pork producer is getting U.S. bailout money to protect it from China's tariffs - Los Angeles Times

11/9/2018, 9:56:49 PM
Chinese-owned pork producer Smithfield will sell at least $240,000 worth of ham products to the federal government as part of the Trump administration's farm bailout program, the administration said ✔ It is highly suspicious that this announcement came a day after the midterm elections, said Tony Corbo, senior lobbyist at Food and Water Watch, which tracks federal agriculture programs ✔ But the international reach of companies makes it hard to ensure that federal dollars stay in U.S. hands, regardless of their intended target


Oil falls 1 percent, U.S. crude on longest losing streak since 1984

11/9/2018, 8:35:59 PM
Oil prices fell nearly 1 percent on Friday as global supply increased and invest... ✔ The United States, Russia and Saudi Arabia are pumping at or near record highs, producing more than 33 million barrels per day (bpd), a third of the world’s oil ✔ U.S. energy firms added oil rigs for a fourth time in the last five, bringing the total count to 886, the highest level since March 2015, data showed on Friday ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. presses China to halt militarization of South China Sea

11/9/2018, 9:06:27 PM
Standing side by side, top U.S. officials urged their Chinese counterparts on Fr... ✔ Yang said China was committed to non-confrontation but that Beijing had the right to build necessary defense facilities on what it considers its own territory and urged Washington to stop sending warships and military planes close to the islands that Beijing claims


Dow Gains 718 Points, but Divisions Run Deep

11/10/2018, 12:52:58 AM
Bulls and bears “have gotten more polarized,” says one money manager. “It’s almost like the mirror of the political situation.” ✔ It was the Nasdaq’s first two-week winning streak since August ✔ And the most concerned appear to be tech and consumer-discretionary companies, DeBusschere explainsand they might get the most benefit if trade tensions ease ✔ There are many factors working against a breakout, Cappelleri explains


Gridlock in Worried Washington Isn’t All Bad

11/10/2018, 1:14:00 AM
Worries about China and the Fed aren’t going away soon. ✔ So, with the reported nonseasonally adjusted change coming in at +15,000, to 214,000, the seasonally adjusted level fell by 1,000 ✔ The potential disruptive impact on supply chains and the possible loss of sales in China were mentioned by some company managements during their third-quarter conference calls last month


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 214 {11 articles}

JPMorgan: Trade War to Hurt China Stocks 10/5/2018, 6:33:57 PM Analysts say a “full-blown trade war” is in the cards for 2019. ✔ Higher tariffs are squeezing Chinese manufacturing’s profit margin, reducing the investment incentive and hiring, which would then drag on consumption via reduced income ✔ Their cautious call comes after similar ones this year from Morgan Stanley , Nomura Holdings Inc Einhorn's Greenlight exits Apple on U.S.-China trade war fears 10/5/2018, 5:26:18 PM David Einhorn's Greenlight Capital sold its remaining shares of Apple Inc o... ✔ FILE PHOTO: David Einhorn, President of Greenlight Capital, Inc., presents during the 2018 Sohn Investment Conference in New York City, U.S., April 23, 2018 ✔ The company’s shares were down 2 percent at $223.43 on Friday ✔ Our Standards:The Thomson Reuters Trust Principles Nasdaq down 2% as tech sell-off intensifies 10/5/2018, 6:00:55 PM undefined ✔ The sell-off in technology shares deepened on Friday, with...
Post a Comment
Read more

Trade War - SERIES 280 {20 articles}

Trump’s trade war could pay off and revive American manufacturing 10/23/2018, 12:37:07 PM Even without tariffs, most of China’s manufacturing cost advantage has disappeared. ✔ There is a complex web of supply chains that have developed in China for electronic goods ✔ Vivek Wadhwa is a Distinguished Fellow at Harvard Law School and Carnegie Mellon’s School of Engineering at Silicon Valley ✔ Subscribe to MarketWatch's free Need to Know newsletter ✔ We Want to Hear from You Join the conversation Comment Dow Tumbles 435 Points Because the Trade War Has Finally Come Home 10/23/2018, 2:27:14 PM U.S. stocks, including Caterpillar and Fastenal, are increasingly citing the impact of tariffs on their earnings. ✔ The S&P 500 has slumped 2% to 2702.49, while the Dow Jones Industrial Average has dropped 435.82 points, or 1.7% to 24,881.59 ✔ Blame China all you wantits issues are big and not going away soonbut the real problem is that the U.S. isn’t immune from the impact of...
Post a Comment
Read more

Trade War - SERIES 257 {18 articles}

The Midwest economy is about to get pummeled again 10/17/2018, 9:44:57 AM Manufacturing jobs growth has already stalled, and the trade war will make it worse. ✔ The Rust Belt is full of households and communities who ignored decades-old trends ✔ The main players, Donald Trump, Bernie Sanders and Hillary Clinton, spoke easily about the evils of trade, wholly misrepresenting facts ✔ And, in an underappreciated farewell speech, President Obama made it quite plain ✔ We Want to Hear from You Join the conversation Comment Apple Suppliers ‘Cautious’ About Orders For iPhone XR, Flagship Models 10/17/2018, 9:04:06 AM Apple’s Taiwan-based suppliers remain cautious about orders for the new iPhones because of the ongoing trade war between the U.S. and China. ✔ Industry sources disclosed to Digitimes Tuesday that Apple’s iPhone suppliers in Taiwan have opted to remain cautious about unit orders from the Cupertino giant even though the iPhone XR is scheduled to launch in the second ...
Post a Comment
Read more

Trade War - SERIES 216 {10 articles}

Beijing targets superstars following Fan Bingbing's epic tax fine 10/6/2018, 9:18:28 AM Analysts say China is gathering tax revenues to support a prolonged trade war ✔ The crackdown can also be seen as a move forward in Beijing's ongoing efforts to expand state influence over the private sector, Lam said ✔ Such an increase in financial burden would put many companies out of business, the person added ✔ The show business is definitely a big source for the funds, he said U.S. Tariffs on China Aren’t a Short-Term Strategy 10/6/2018, 4:14:18 PM The White House is using tariffs differently with China than with other nations—and the levies between the world’s two largest economies likely will be cemented in place for years. ✔ A failure there, says Myron Brilliant, the U.S. Chamber of Commerce’s executive vice president, is bound to mean that the U.S. goes ahead with plans to increase tariffs on a tranche of $200 billion of Chinese goods from 10% to 25% ✔ Both parties are ...
Post a Comment
Read more

Disasters - SERIES 301 {15 articles}

Two people die as Storm Callum causes flooding chaos with more rain to come 10/13/2018, 6:25:26 PM Storm Callum has caused flooding chaos across the UK and people can expect more rain overnight ✔ Last night witnesses reported seeing a man struggling in the waves in Brighton ✔ Emergency services including the ambulance, coastguard and police were rushed to the scene after those watching helplessly called out to the man who was drifting after becoming submerged ✔ The woman has been released from hospital with no injures ✔ The rain across Wales and central parts of England will spread northwards and eastwards UK weather - Two dead as Storm Callum batters Britain with floods and 60mph winds 10/13/2018, 5:24:34 PM STORM Callum has left a town underwater as flood warnings spark evacuations and heavy rain and 60mph winds continue to batter the country today. Residents of Crickhowell in south Wales have piled s… ✔ Northern parts of Wales have a yellow weather warning in place until...
Post a Comment
Read more