April 6, 2018 United States: U.S. Needs China More Than China Needs the U.S. Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so,
April 5, 2018 Untied States: U.S. Leaves Door Open to China Talks Amid Trade-War Fears The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest economies, helping to ease fears among investors of a tit-for-tat trade conflict. U.S. Commerce Secretary Wilbur Ross said China’s response isn’t expected
April 4, 2018 United States: Specter of Full Trade War Returns to Batter Stocks: Markets Wrap Fears of a trade war between the world’s two largest economies returned to haunt markets on Wednesday, sending U.S. stock futures tumbling and sinking European and Asian equities. Treasuries climbed while the dollar was steady, and gold jumped. Hopes
April 3, 2018 United States: U.S. Stock Futures Climb as Turmoil Starts to Ease: Markets Wrap The technology-led turmoil that sent U.S. stocks into a tailspin showed signs of easing on Tuesday, with futures contracts for the main American gauges rising after Asia’s benchmark pared most of its decline. European shares fell, but losses were
March 28, 2018 United States: Trump Targets China’s Push to Make Its Economy High-Tech The U.S. is taking aim at President Xi Jinping’s strategy to make China a global leader in the high-tech industries of the future. After slapping tariffs on 20th century industries like steel, President Donald Trump is now mulling curbs on 10
March 27, 2018 United States: Stocks Rebound on Trade Hopes; Treasuries Advance: Markets Wrap U.S. stock futures extended gains and European and Asian equities rallied as investors began to recalibrate the chances of an all-out global trade war. The dollar strengthened as both the pound and euro retreated, while Treasuries rose. Contracts for the S&P
March 26,2018 United States: U.S. Stock Futures Start Week With a Reprieve A positive start for U.S. stock futures provided a respite for traders after the market’s worst drubbing in two years. They speculated this week couldn’t be worse than the last one, but weren’t sure. “It all depends on the news out of the
March 23, 2018 United States: Stocks Drop Most in Six Weeks on Trade War Tension: Markets Wrap U.S. stocks tumbled, pushing benchmark gauges back toward the lows set during the worst of the February rout, as President Donald Trump’s decision to slap tariffs on Chinese goods heightened concern that a trade war could throttle global
March 22, 2018 United States: Trump Plans to Impose $50 Billion in China Tariffs, Source Says President Donald Trump is set to announce about $50 billion of tariffs against China over intellectual-property violations on Thursday, according a person familiar with the matter. The president is considering targeting more than 100 different types of Chinese goods,
March 21, 2018. United States: Yellen Says Gradual Fed Rate Hikes Are Needed to Prevent Overheating Former Federal Reserve Chair Janet Yellen said higher interest rates will be needed to keep the U.S. economy from overheating, though the pace must be calibrated to allow inflation to rise to the central bank’s 2 percent goal. “I
