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Trade War SERIES 778

2019-04-15T12:02:35.048Z
EU agrees terms for limited trade talks with US BRUSSELS (AP) — European Union countries have approved the conditions for negotiating a new and strictly limited trade deal with the United Sates, paving the way for talks to begin. EU... BRUSSELS (AP) European Union countries have approved the conditions for negotiating a new and strictly limited trade deal with the United Sates, paving the way for talks to begin EU headquarters said Monday that the agreement will focus on eliminating tariffs on industrial goods only, and would not include agricultural products despite U.S. demands they be on the table
2019-04-15T11:16:59.403Z
Donald Trump using Tax Day visit to Minnesota to tout 2017 tax cuts President Trump will use Tax Day on Monday to visit Minnesota, an erstwhile Democratic stronghold he hopes to flip in 2020 after nearly winning it in 2016. Questions remain, however, about just how much he’s politically benefiting from his signature legislative accomplishment. More evidence came from a report by tax preparer H&R Block on Thursday that said Americans are undergoing a confusing tax experience this season Trump has had strong support in Minnesota’s farm country, but continued low prices amid uncertainty about whether farmers can plant in time due to the wet spring will put that to the test
2019-04-15T11:11:44.295Z
Will the U.S. crash out of NAFTA? Ratifying the USMCA, or NAFTA 2.0, is up to Congress. This is the wrong issue, and the wrong time, to play chicken with President Trump. He'd happily crash out of NAFTA, hurting American businesses and workers. President Trump’s NAFTA 2.0 trade accord the United States-Mexico-Canada Agreement is in trouble With fingers crossed in hopes that Trump’s anti-Mexico rants will diminish, Republicans are pushing for a summer vote on the USMCA Casting aside what is essentially just an altered version of NAFTA is throwing the baby out with the bathwater
2019-04-15T10:18:21.805Z
Europe may be playing spoiler to the elusive US-China trade deal It seems that Beijing's trade arrangements with Europe are complicating American efforts to radically change trade relations with China, writes Michael Ivanovitch. China promises Italy rolled out the red carpet for China's president, clinching deals worth $2.8 billion in energy, finance, engineering and agricultural produce He served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York, and taught economics at Columbia Business School
2019-04-15T09:30:58.587Z
Fading fears of a 'hard landing' for China's economy could push stocks higher, strategist predicts China's economy increasingly appears set to avoid a dreaded "hard landing" and that could help push the country's stock markets higher the rest of this year, an investment strategist said. The US-China trade dispute has 'gone regional' in Asia: LGT Capital    2 Hours Ago | 02:10 China's economy appears increasingly set to avoid a hard landing and that could help push the country's stock markets higher for the rest of this year, according to Stefan Hofer, chief investment strategist at LGT Bank And if it is, stocks will likely push higher, he predicted, while pointing out that it will not be at the pace seen so far this year
2019-04-15T09:00:41.113Z
Rising downside risks Wrapping up its spring meetings in Washington, D.C., Saturday, the IMF steering committee called on member economies to act promptly to shore up growth What is more worrisome is that production, investment and consumption have already begun to fall It needs to admit to policy blunders and map out a new strategy to bring an economic turnaround
2019-04-15T08:10:59.682Z
ADB chief sees Asian economy growth as 'solid' despite trade war The head of the Asian Development Bank (ADB) said on Monday that regional econom... FILE PHOTO: President of the Asian Development Bank Takehiko Nakao arrives for the sixth Mekong Greater Sub-Region Summit (GMS-6) in the National Convention Center (NCC) in Hanoi, Vietnam 31 March 2018 It’s natural for the Chinese economy to slow, said Nakao, a former Japanese vice finance minister for international affairs Our Standards:The Thomson Reuters Trust Principles
2019-04-15T05:49:40.159Z
Crunch time for Lighthizer as US-China talks near finish There are still some major, major issues left, but we're certainly making more progress than we would’ve thought when we started, Mr Lighthizer said in front of the president Trump has given Bob a little bit more space because he knows that if Bob walks, the deal is dead He’s going to take whatever it is, make lemonade out of the lemons, and sell it the best he possibly can, the official said
2019-04-15T04:25:23.149Z
Online dating app expands in Asia hiring spree The company is shaking up its leadership team, she added Last month, it emerged that the US government was forcing Chinese tech company, Beijing Kunlun Tech, to sell the gay dating app Grindr, with officials in Washington warning foreign ownership could pose a risk to national security because of the personal information that could be accessed by the Chinese government
2019-04-15T03:06:20.009Z
U.S. eases demand China ax subsidies in push for trade deal WASHINGTON/BEIJING--U.S. negotiators have tempered demands that China curb industrial subsidies as a It is broadly expected in the trade community that U.S. negotiators want to keep some tariffs on Chinese goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing's unfair trade practices China continues to shield massive sub-central government subsidies from the scrutiny of WTO members, the USTR said in a February 2019 report to Congress on China's WTO compliance
2019-04-15T02:48:10.548Z
Trump lashes Fed as his plan to install two fans on the board misfires Donald Trump blames the Fed for US economic growth not running at 4 per cent and the US sharemarket not being 10,000 points higher. If Trump had his way and his conclusions were proven correct, the US market would be between 28 per cent and 43 per cent higher than it was a year ago It would not be growing at 3 to 4 per cent a year and a sharemarket that is trading at 19 times the S&P 500 companies’ earnings wouldn’t be trading 10,000, or even 5000, points higher
2019-04-15T02:14:39.526Z
US waters down demand that China curb subsidies in a push for a trade deal U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions. It is broadly expected in the trade community that U.S. negotiators want to keep some tariffs on Chinese goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing's unfair trade practices China continues to shield massive sub-central government subsidies from the scrutiny of WTO members, the USTR said in a February 2019 report to Congress on China's WTO compliance
2019-04-15T01:55:08.745Z
Major Wall Street firm worries about surprise Fed rate hike, says biggest market gains are overseas The best investment opportunities may be thousands of miles away. According to Emons, investors will get a bigger bang for their buck in the United Kingdom, where Brexit risks are creating jitters and pressuring the market The nation's benchmark FTSE 100 is about flat over the past year Those markets have lagged in value to the other markets
2019-04-15T01:46:18.578Z