© Reuters. Britain’s Prime Minister Boris Johnson leaves Downing Street in London (Reuters) – British Prime Minister Boris Johnson is mulling to use the threat of high tariffs to raise pressure on the European Union, the United States and other nations to strike trade deals with Britain, The Times newspaperRead More →
U.S. stocks traded mostly lower Friday, giving back early gains, after President Trump and Chinese officials announced a trade deal that includes a reduction of tariffs and promises by China to buy more U.S. goods. Meanwhile, a decisive victory for Conservatives in Thursday’s U.K. election that reduces policy uncertainty andRead More →
Most Asian stock markets traded higher Wednesday, with investor moods cautiously lifted by a report that U.S. President Donald Trump might delay a weekend tariff hike on $160 billion in Chinese goods. Benchmarks in Shanghai, Hong Kong and Southeast Asia rose, although the market in Tokyo declined. Wall Street stocks,Read More →
© Reuters. Investing.com – Stocks moved lower on Monday ahead of a Federal Reserve meeting this week and worries about U.S.-China trade talks. The dropped 0.32%. The slid 0.38%, and the index fell 0.45%. The pullback was probably to be expected after Friday’s big rally triggered by the bullish NovemberRead More →
By Lewis Krauskopf NEW YORK (Reuters) – The stock market looks set to end 2019 the way it began the year — highly sensitive to headlines from President Donald Trump’s global trade war. Stocks pulled back from record highs to start December, undermined by comments from Trump and others inRead More →
(Bloomberg) — Asian stock futures slumped Tuesday after a sell-off on Wall Street triggered by fresh tariffs announced by President Donald Trump, renewing concerns about global trade tensions. Japan’s currency held gains after its biggest jump since October on Monday in wake of Trump slapping steel tariffs on Brazil andRead More →
Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. In a speech in New York on Tuesday,Read More →
U.S. stock futures retreated Monday morning as a lack of progress on China-U.S. trade negotiations momentarily took the air out of a record run for equity markets. Meanwhile, bond markets were closed for Veterans Day. Investors were awaiting speeches from President Donald Trump and Federal Reserve Chairman Jerome Powell laterRead More →
Asian markets were mixed in early trading Friday as investors sought clarity after conflicting messages about the state of U.S.-China trade talks. Chinese officials announced Thursday that a mutual rollback of tariffs had been agreed upon as part of a “phase one” trade deal, but while one U.S. official confirmedRead More →
© Reuters. Chinese and U.S. flags flutter near The Bund in Shanghai By David Lawder and Andrea Shalal WASHINGTON (Reuters) – China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with the negotiations saidRead More →
© Reuters. Record U.S. tariff award over Airbus aid could fuel trade tensions By Philip Blenkinsop and Tim Hepher BRUSSELS/PARIS (Reuters) – Transatlantic trade ties face renewed disruption this week when global arbiters are expected to grant the United States a record award allowing it to hit European imports withRead More →
(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need. And subscribe to Terms of Trade, our daily newsletter that untangles a world embroiled in trade wars. Vietnam’s campaign to tamp down the Trump administration’s trade gap ire has come to a coastal commune betterRead More →
© Reuters. FILE PHOTO: Logo of Apple is seen at a store in Zurich By Stephen Nellis (Reuters) – U.S. trade regulators on Friday approved 10 out of 15 requests for tariff exemptions filed by Apple Inc (O:) amid a broader reprieve on levies on computer parts, according to aRead More →
© Reuters. China traders cut back Iran iron ore purchases ahead of tariff hike By Min Zhang and Shivani Singh BEIJING (Reuters) – China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposedRead More →
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. European stocks declined and U.S. equity futures pared a gain as China pledged to take countermeasures against planned American tariffs. Treasuries and most European bonds advanced. The index fell while theRead More →
© Reuters. Investing.com – A Trump Administration decision to delay the imposition of tariffs on goods imported from China set off a huge rally Tuesday that reclaimed most of Monday’s losses. The Administration delayed the imposition of tariffs on some goods until Dec. 15, which should give retailers plenty ofRead More →
(Reuters) – Apple Inc (NASDAQ:) could see a hit to its annual earnings from U.S. President Donald Trump’s newly proposed 10% tariff on Chinese imports from Sept. 1, analysts from Bank of America Merrill Lynch (NYSE:) said on Friday. “Our back of the envelope math suggests the impact (of theRead More →
© Reuters. FILE PHOTO: U.S. President Trump participates in welcome ceremony for Defense Secretary Esper at the Pentagon in Arlington, Virginia By David Shepardson and Susan Heavey WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said his administration would not grant Apple Inc (NASDAQ:) any relief for tariffs onRead More →
© Reuters. FILE PHOTO: Apple company logos are reflected on the glass window outside an Apple store in Shanghai NEW YORK (Reuters) – Apple Inc (NASDAQ:), Keurig Dr Pepper (NYSE:) Inc and Dollar Tree Inc (NASDAQ:) have joined other companies in their opposition to a Trump administration plan for moreRead More →
Getty Images Kenneth Cole shoes may be about to get more expensive. President Donald Trump may not have a deadline for a trade deal that averts fresh duties on Chinese products coming into the U.S., but for people like Karen Giberson, the sooner, the better. Trump, when asked last weekRead More →
© Reuters. FILE PHOTO: Man holds the flags while people take part in the 35th India Day Parade in New York NEW DELHI (Reuters) – India will impose higher tariffs on 28 U.S. products including almonds, apples and walnuts, a government notification http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2019/cs-tarr2019/cs17-2019.pdf;jsessionid=05BB93EF9871E631DCA5475F5330BC4E said. The new duties take effect fromRead More →
Asian markets gained in early trading Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from China. Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 meeting later this month in Japan. ThereRead More →
© Reuters. A cargo train is seen near the border between the U.S. and Mexico, in Laredo By Anthony Esposito MEXICO CITY (Reuters) – A flood of companies eyeing Mexico as a safe haven from the U.S. trade war with China risks evaporating after President Donald Trump last week threatenedRead More →
Getty Images President Donald Trump speaks at an event Thursday near Colleville-Sur-Mer, France, marking the 75th anniversary of the Allied invasion of Normandy. President Donald Trump on Thursday kept up pressure on Mexico over immigration and tariffs as talks continued in Washington, and said he was looking at deciding onRead More →
© Reuters. Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City By Dave Graham MEXICO CITY (Reuters) – U.S. President Donald Trump’s threats to slap punitive tariffs on all Mexican trade if Mexico does not stop illegal immigration has punched a gapingRead More →
