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Dow Set for an Early Drop Because a Trade Deal Could Be Delayed A meeting between Trump and Xi won’t take place until the end of April, according to reports, and whether it happens at all is still up in the air. As if that wasn’t enough, China’s industrial production also grew at a slower than expected pace, confirming once again that the trade war is hitting its economy The global economy wants resolution on these tariffs NOW It doesn’t look like that’s going to happen, does it
Aussie dollar falls as U.S., China delay trade meeting; sterling falls The Australian dollar fell on Thursday after reports that a meeting between Chin... The pound was down 0.9 percent at $1.3208 at 1040 GMT The most sensible approach seems to be to hedge sterling’s downside risks, which we deem to be larger than the remaining upside potential over the next couple of months, UBS said in a note to clients Our Standards:The Thomson Reuters Trust Principles
A Trump-Xi meeting on trade is reportedly being pushed back until at least April President Donald Trump and Chinese President Xi Jinping won't meet this month on a possible end to the trade war, Bloomberg reported. China is pressing for a formal state visit rather than a lower-key appearance just to sign a trade deal, Bloomberg said, citing people familiar with the matter said White House communications staff and the State Council in Beijing didn't immediately respond to Bloomberg's requests for comment
China and U.S. to push back Trump-Xi summit to at least April:... A meeting between U.S. President Donald Trump and Chinese President Xi Jinping t... FILE PHOTO: U.S. President Donald Trump and China's President Xi Jinping meet business leaders at the Great Hall of the People in Beijing, China, November 9, 2017 Negotiators from both countries have been working toward a deal to resolve the trade dispute Our Standards:The Thomson Reuters Trust Principles
A closely watched outlook just predicted US economic growth is about to crawl at a 'near-recession pace' The UCLA Anderson Forecast, a widely watched and often-cited economic outlook, says that US growth will slow to 1.7% in 2019, and 1.1% in 2020. The basis for the view comes from policy warnings that the impact of fiscal stimulus is waning while the ability of the Federal Reserve to normalize interest rates is also lower To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content
China customs lifts suspension on Tesla Model 3 imports China's customs authority has lifted its suspension on imports of Tesla... Two sources familiar with the matter told Reuters earlier on Thursday that the suspension had been lifted after Tesla made the necessary rectifications Tesla said at the time that the company had reached a solution with the authorities Our Standards:The Thomson Reuters Trust Principles
The world's biggest and best firms pay Rob Arnott for advice. He shared his top investing idea for the next 10 years — and gave us a peek inside his unique thought process. Smart beta pioneer Rob Arnott exclusively shared with Business Insider his top 10-year investing recommendation, which is built around quant analysis. 1) Limited expected macro exposure over the long term + low valuations Arnott doesn't understand why any long-term investors would concern themselves with the daily trials and tribulations of the US-China trade war To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content
Gary Cohn lashes out at former White House colleagues: 'Living in chaos' "Tariffs don't work. If anything, they hurt the economy..." Cohn told Freakonomics Radio in an interview broadcast Wednesday. Mary Catherine Wellons | CNBC Gary Cohn Former White House chief economic advisor Gary Cohn lashed out at some of his former colleagues, charging in an interview that the U.S. is losing the trade war as administration officials pursue a strategy that hasn't worked Chief among his achievements was the passage of the biggest tax cut in U.S. history that slashed the corporate rate from 36 percent to 21 percent and re-drew the individual income tax brackets to give lower earners double the standard deduction
Vietnam is definitely 'stealing share' from China: Lever Style Stanley Szeto of Lever Style discusses the impact of the U.S.-China trade war on his business and other economies such as Vietnam and Brazil. He also talks about the upside for e-commerce, especially for Hong Kong-based firms. To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser Vietnam is definitely 'stealing share' from China: Lever Style 1 Hour Ago Stanley Szeto of Lever Style discusses the impact of the U.S.-China trade war on his business and other economies such as Vietnam and Brazil
Trump says he is in 'no rush' to complete US-China trade deal U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. Saul Loeb | AFP | Getty Images US President Donald Trump (R) US Secretary of State Mike Pompeo (2-R) and members of their delegation hold a dinner meeting with China's President Xi Jinping (L) Chinas Foreign Affairs Minister Wang Yi (2-L) and Chinese government representatives, at the end of the G20 Leaders' Summit in Buenos Aires, on December 01, 2018 Asked on Wednesday if intellectual property had to be included in a trade deal, Trump said: Yes it does
Boeing Got Caught in the U.S.-China Trade War. Who’s Next? Rising trade tensions with the U.S. have convinced China to accelerate its “Made in China 2025” program. But make no mistake: China ultimately would like to control any sector where it excessively depends on the U.S. The trade war in generaland in particular the cut-off of critical technology components to telecom equipment manufacturer ZTE have taught China that it should accelerate its Made in China 2025 program rather than curtail it (as the White House would prefer)
DP World profits rise by a tenth despite ‘geopolitical challenges’ Whilst the near-term outlook remains uncertain with the trade war and geopolitical headwinds, we expect our portfolio to remain resilient and see increased contributions from our recent acquisitions and investments, Sultan bin Sulayem, chief executive, said in a statement
Money-losing investor Such an investment portfolio has the advantage in that it defends rate of return in a bearish market, as seen last year The time has long past for the NPS to reshape its long-term strategy by diversifying investment portfolios, instead of blaming the external environment
Japan's machinery orders weaken as trade war hits spending plans Japan’s machinery orders fell in January at the fastest pace in four months as the U.S.-China tariff war hit global trade, knocking demand from the country’s auto and telecommunications equipment manufacturing sectors lower. The 5.4 percent decline month-on-month in core machinery orders, a leading indicator of capital expenditure, was more… Core machinery orders exclude those for ships and from electricity utilities Japan’s central bank ends its two-day monetary policy meeting on Friday and is likely to maintain its view the export-reliant economy is expanding moderately but warn of heightening overseas risks, sources say
Accidental Atlanticist But by the time of the Kosovo War at the end of that decade, Europeans had begun to wake up to their responsibilities In the 2008 Russo-Georgian War, and in the conflict in Ukraine since 2014, it was Europeans, not Americans, who led the diplomatic response and imposed the strongest sanctions on Russia Copyright belongs to Project Syndicate (
Dubai-based port firm DP World reports $1.29B profit in 2018 DUBAI, United Arab Emirates (AP) — Global port operator DP World says its profit rose 10 percent in 2018 despite worldwide tensions over trade amid a trade war between China and the U.S. and fears... DP World has expanded aggressively into new markets, including into East Africa, where the Emirati government as well has begun building new military bases In February, Al-Shabab militants shot and killed a Maltese man working for DP World in Somalia, saying the UAE firm occupies the area
Build new global alliances against China's 'illicit practices': US senators AP-Yonhap In written testimony to the Senate committee, Mastro said the South China Sea was at the heart of U.S.-China geopolitical competition and called on the U.S. to move beyond symbolic displays of force such as the freedom of navigation operations
China's property investment growth hits five-year high driven by... China's property investment accelerated in the first two months of the year... New construction starts measured by floor area were also much weaker, rising 6 percent in January-February from a year earlier compared with the 20.5 percent in December, according to Reuters calculations Our Standards:The Thomson Reuters Trust Principles
Why U.S. growers are betting the farm on soybeans amid China trade war U.S. farmers are gearing up to plant what could be their third-largest soybean c... Rincker will farm approximately 2500 acres in the upcoming season, split evenly between corn and soybeans But with a good crop, we could still maintain some profitability Rincker is aiming for a 50-50 split between corn and soybeans on his farm after a similar division in 2018 Our Standards:The Thomson Reuters Trust Principles