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Trade War SERIES 807

Honeywell CEO on China Tariffs: “We’re Ready” CEO Darius Adamczyk says trade dispute is "not healthy" for the global economy. Today it has more than 13,000 employees working in 30 cities across the country It’s in the interests of the entire global economy for these two critically important economies to resolve their differences Watch the video above for more from my interview with Adamczyk
U.S. Treasury secretary plans China visit as trade war clouds world... U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel t... U.S. House of Representatives Speaker Nancy Pelosi said she had a productive meeting with Lighthizer that was almost entirely focused on the USMCA deal, one of her aides said (Graphic: U.S.-China tariff war and the S&P 500 - Our Standards:The Thomson Reuters Trust Principles
Trump accused of risking 'devastating' conflict with Iran as China trade war escalates - follow live updates Follow the latest updates from Washington Donald Trump has been accused of playing a very dangerous game with Iran and risking dragging the US into a new war in the Middle East that could have devastating consequences Lucy Anna Gray 15 May 2019 17:24 2019-05-15T16:24:06.000Z The president has now finished speaking and is shaking hands with officers in the crowd
Wall St. gains as trade optimism trumps dim economic data Wall Street turned positive on Wednesday following reports that U.S. President D... The Dow Jones Industrial Average rose 173.38 points, or 0.68%, to 25,705.43, the S&P 500 gained 22.3 points, or 0.79%, to 2,856.71 and the Nasdaq Composite added 96.90 points, or 1.25%, to 7,831.40 Our Standards:The Thomson Reuters Trust Principles
Euro boosted by reports auto tariffs will be delayed The euro retraced earlier losses against the U.S. dollar on Wednesday after admi... If there are European rules that are starving a continent, these rules must be changed, Salvini said on Wednesday, a day after he said the government was ready to breach EU rules that seek to limit budget deficits and curb excessive debt Our Standards:The Thomson Reuters Trust Principles
Alibaba delivers ‘robust’ earnings as it shrugs off trade-war concerns Alibaba Group Holding Ltd. topped earnings expectations on Wednesday while shrugging off concerns about escalating trade tensions between the U.S. and China. Joseph Tsai, the company’s executive vice chairman, opened the company’s conference call by addressing the trade war between the U.S. and China, which he called the elephant in the room Tsai argued that the trade talks put Alibaba on the right side of all the issues on the table because they could turn China into a net importer, which could benefit Alibaba’s platforms We Want to Hear from You Join the conversation Comment
Weak U.S. retail sales, industrial output highlight slowing economy U.S. retail sales unexpectedly fell in April as households cut back on purchases... The economy grew at a 3.2% rate in the January-March period The dollar was little changed against a basket of currencies, while U.S. Treasury prices rose Stocks on Wall Street turned higher after a report that Trump might delay a decision to impose auto tariffs Our Standards:The Thomson Reuters Trust Principles
U.S., European shares gain after Trump auto-tariff delay U.S. and European stock indexes gained on Wednesday after news that U.S. Preside... MSCI’s gauge of stocks across the globe gained 0.56% The positive trade developments lifted risk sentiment that had been dampened earlier in the session by weak economic data (Graphic: World FX rates in 2019 - Our Standards:The Thomson Reuters Trust Principles
Trump said to delay auto tariffs amid EU and Japan trade talks President Trump is poised to delay a decision by up to six months to impose auto tariffs to avoid blowing up negotiations with the EU and Japan. According to people who have seen the report, the justification for auto tariffs is not that the imports of vehicles and auto parts per se are a threat to national security, but it’s the portion they contribute to the overall U.S. trade deficit that could cause harm
Trump Backlash? GOP Criticizes The President for US-China Trade War The president's escalating trade war with China has Republication legislators representing heartland states worried about what tariffs are doing to the party's agricultural base. China's language in the trade war is becoming more aggressive as the dispute with America heats up The Economist (@TheEconomist) May 15, 2019 Missouri Sen an average American family of four would pay $2,300 more in goods and services each year @realDonaldTrump #TrumpTariffs Jennifer Granholm (@JenGranholm) May 15, 2019
Art Market Stays Hot Despite Trade-War Headlines The spring art season kicked off on Monday, and sales are expected to top $1.5 billion for the week, split among Christie’s, Sotheby’s, and Phillips. On the block: work by Cezanne, Van Gogh, Jeff Koons
Drop in auto sales indicates consumer spending is weakening Sales at automobile dealers fell 1.1% in April, the most since January. Previous data indicated sales for the month were the lowest since 2017. The retail report followed another round of downbeat data from the Fed showing U.S. factory production fell in April for a third time in four months with a broad decline led by weakness in machinery and motor vehicles The figures aren’t adjusted for price changes, so higher retail sales in the category could reflect higher gasoline costs, sales or both
Macy's CEO says tariff escalation could hurt business Macy's Inc said on Wednesday the latest tariffs on Chinese imports by Washi... Gennette said brick-and-mortar sales trends improved sequentially in the first quarter, helped by its off-price Backstage business The retailer said it saw double-digit growth in its digital business and that mobile continues to be Macy’s fastest-growing channel for sales growth Our Standards:The Thomson Reuters Trust Principles
U.S., Mexico and Canada Near Deal on Metal Tariffs, Mnuchin Says A potential thaw in trade relations comes as tension between the United States and China grows. Mexican officials have also expressed optimism on the topic May 15, 2019 Why the U.S.-China Trade War Could Be Long and Painful: No Offramps May 14, 2019 Trump’s Tariffs, Once Seen as Leverage, May Be Here to Stay May 14, 2019 Republicans Balk at More Tariffs as Trump Mulls More Farm Aid May 14, 2019 Advertisement
Xi sounds alarm over US pressure at pan-Asian forum Chinese president slams countries for believing they are 'superior to others' On Wednesday, the Chinese leader cited the instability and uncertainty mounting on the international stage, and called on allies to jointly build an Asian community During his speech, Xi signaled his renewed willingness to improve relations with Japan by calling the country's classic Tale of Genji as a treasure of humanity, alongside The Arabian Nights and China's Analects of Confucius
Chinese investors buy more U.S. residential real estate than any other country, but Trump’s trade war could soon end that A Chinese pull-back could have serious effects for some West Coast housing markets. The country in 2016, allowing residents to take only the equivalent of $50,000 out of the country as a means of propping up the country’s currency Subscribe to MarketWatch's free Asia Daily newsletter We Want to Hear from You Join the conversation Comment
China’s state party posts defiant message about trade war with U.S. on social media site The Chinese government posted a defiant message about its trade war with the U.S. on social media. "Bully us, wishful thinking!” it said in part. China’s decision to raise tariffs and US stocks' fall have inspired Chinese society On Weibo, a social media site, a Chinese citizen with the user name Ga456ong said he’s prepared for tough times Trump is also dismissing a report that the U.S. is planning for a military conflict with Iran
Facing up to AI’s failings Not only can my WhatsApp conversations be compromised, but Intel says there's a security flaw in all its chips made since 2011 Perhaps the most original feature though was the 16-megapixel selfie camera that pops up from the top of the phone when required OnePlus says it tested the mechanism more than 300,000 times, so it may be more reliable than a Galaxy Fold
Trump needs to take reins from Bolton & pull world back from precipice of war US National Security Advisor John Bolton is driving a war policy towards Iran based on nothing but his own deranged world view and anti-Iran obsession. The incendiary problem with Bolton’s recent warnings of unrelenting response to Iran or its proxies if they were to attack US interests is that the red line is so expansive, vague and prone to paranoid imagination – of which Bolton has plenty Share it with a friend! The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT
U.S.-China Trade War Is Hurting Tech Stocks And no resolution is in sight. The United States blames China for the sudden collapse in trade negotiations, claiming that last weekend Beijing backtracked on a host of prior commitments to liberalize its economy and dismantle subsidies for homegrown companies But as tensions escalate, the prospects that meeting will achieve a breakthrough seem remote
A Prolonged Trade War Could Hit Micron Harder Than Other Chip Stocks Ongoing trade issues and retaliatory tariffs between the U.S. and China could hurt Micron stock more than most chip stocks, according to new research.