© Reuters. A trader works on the floor at the NYSE in New York By Stephen Culp NEW YORK (Reuters) – Wall Street took a pounding on Monday after China defied Washington by announcing retaliatory tariffs on $60 billion in U.S. goods in the latest salvo in the two countries’Read More →
‘In fact, both sides will pay. Both sides will pay in these things.’ That’s White House economic adviser Larry Kudlow on Sunday offering a “both sides” take in an interview on Fox News. He was acknowledging that China, in fact, does not directly pay tariffs on goods coming into theRead More →
Getty Images President Donald Trump is ratcheting up the pressure on China. There are some things parents can’t avoid buying. The U.S. increased tariffs on $200 billion of Chinese goods to 25% from 10% Friday, following three rounds of tariffs last year. They account for roughly 50% of all ChineseRead More →
© Reuters. By Geoffrey Smith Investing.com — Europe’s stock markets are looking to end the week on a positive note, despite the entry into force of new U.S. tariffs on Chinese imports, although they’re still on course for their worst week so far in 2019. At 04:00 AM ET (0800Read More →
© Bloomberg. A customer stands near the Microsoft Corp. logo during the Microsoft Corp. Xbox One X game console global launch event in New York, U.S., on Monday, Nov. 6, 2017. As Microsoft Corp. begins selling a new Xbox console, the focus of its video-game unit is shifting toward softwareRead More →
Asian stock markets shook off early doldrums Thursday following a report that U.S. and Chinese negotiators were outlining a plan to end the trade war. Tokyo’s Nikkei 225 index NIK, +0.15% rose 0.3% despite a gauge of manufacturing activity falling to a three-year low, suggesting Japanese economic growth isRead More →
