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Tag: donald trump


Financial Services, Industries, News

Biden’s China policy is tougher on financial firms than Trump’s was, report says

April 9, 2021

Via: CNBC

BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to China are only going to rise, according to a report from Cowen. “We believe President Biden represents a greater risk for […]


Finance Tech, Trading

The NYSE is set to delist 3 Chinese companies—but U.S. investors can still own shares

January 4, 2021

Via: Fortune

The New York Stock Exchange plans to delist three state-owned Chinese telecommunications companies from U.S. stock exchanges by Jan. 11, following President Donald Trump’s November executive order prohibiting U.S. investment in companies that Washington says support the Chinese military. American […]


News

Trump’s attempt to bounce Congress into bigger stimulus checks could easily go wrong

December 23, 2020

Via: Markets Insider

President Donald Trump launched a surprise attack on the COVID-19 relief bill agreed by Congress, calling for stimulus checks for Americans to be increased from $600 to $2,000. The move caught Washington off-guard, but could easily go wrong for him […]


News

Prosecutors are investigating a potential bribes-for-pardons scheme as Trump’s term ends

December 2, 2020

Via: Fortune

U.S. prosecutors are investigating whether several individuals offered political contributions in exchange for a presidential pardon, according to an unsealed court document. The names of the people under investigation were blacked out in the document. The disclosure of an alleged […]


Industries, Others

Biden infrastructure package in jeopardy as bi-partisan cooperation fails to launch

November 23, 2020

Via: Fortune

Union leaders and transportation advocates have looked to President-elect Joe Biden and his former Senate colleague Mitch McConnell for possible action next year on a major infrastructure package. Yet, as President Donald Trump and allies including McConnell refuse to recognize […]


News

EU moves ahead with tariffs on US but hopes for Biden change

November 9, 2020

Via: ABC News

The European Union pressed ahead Monday with plans to impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing, but expressed hope that trade ties would […]


Finance Tech, Trading

Global investors are relishing the prospect of a Biden White House and Republican Senate

November 5, 2020

Via: Fortune

U.S. futures and world shares surged on Thursday as investors awaited the outcome of the U.S. presidential election and embraced the upside of more gridlock in Washington. European markets opened higher after a day of gains in Asia, while the […]


Capital, Finance Tech

What Trump and Biden tax policies could mean for your paycheck, tax return, investments and retirement savings

October 20, 2020

Via: Market Watch

President Donald Trump says the American Dream is on the line this election, while Democratic challenger Joe Biden says his campaign is locked in a “battle for the soul of this nation.” That’s weighty rhetoric, but it’s also intangible. How […]


Energy, Industries

Oil prices sink as Trump’s COVID diagnosis rocks global markets

October 2, 2020

Via: Fortune

Amid the market turmoil, oil prices sank Friday morning during European trade, as President Trump’s positive test for COVID-19 weighed on investors at a time when crude prices are already struggling with excess supply. While equities stabilized somewhat, crude fell, […]


Finance Tech, Trading

Traders warn of a markets correction, sinking dollar in the wake of Trump COVID diagnosis

October 2, 2020

Via: Fortune

Intense volatility, a stock slump and more delays on a stimulus package are some of outcomes investors are considering after President Donald Trump tested positive for Covid-19. Trump’s diagnosis adds another element of uncertainty to a market that’s already been […]


News

The White House unveils a new stimulus package with $400 weekly unemployment benefits and $1,200 checks

October 1, 2020

Via: Fortune

During a closed-door meeting on Wednesday, Treasury Secretary Steven Mnuchin offered House Speaker Nancy Pelosi the White House’s biggest stimulus offer yet. The White House upped its stimulus offer from $1.3 trillion to $1.6 trillion. That’s still below the $2.2 […]


News

NYC to investigate whether Trump paid city taxes: de Blasio

September 28, 2020

Via: NY Daily News

The city Department of Finance will investigate whether President Trump has paid his city taxes, Mayor de Blasio said Monday night in the wake of a bombshell report finding the commander-in-chief paid zero federal income taxes in 10 out of […]


Finance Tech, Trading

Trump’s prolonged assault of WTO means its ruling against Chinese tariffs is essentially moot

September 16, 2020

Via: Fortune

On Tuesday, the World Trade Organization ruled that tariffs the Trump Administration imposed on Chinese imports in 2018 are a violation of international trade rules—handing China a symbolic victory in the prolonged trade war. But the ruling is unlikely to […]


Industries, Manufacturing

Trump wants to end U.S. reliance on Chinese manufacturing ‘once and for all.’ U.S. firms aren’t complying

September 9, 2020

Via: Fortune

A survey of American businesses in China released on Wednesday found that a majority of U.S. companies in China don’t have plans to move manufacturing out of China and into the U.S., despite President Donald Trump’s recent remarks that doing […]


Finance Tech, Trading

The U.S.-China trade deal is moving ahead—in spite of everything

August 25, 2020

Via: Fortune

The U.S. and China are finally talking. On Tuesday, trade negotiators from the U.S. and China spoke over the phone to review progress on phase I of the trade deal, according to government officials in both countries. The disclosures eased […]


Finance Tech, Trading

Here’s what could happen to stock markets if the Trump-Biden election results are contested

August 19, 2020

Via: Fortune

The 2020 election will likely be controversial—in more ways than one. With a wrench thrown into traditional voting procedures because of the coronavirus pandemic, partisans on both sides of the aisle are already tossing around the possibility of a messy […]


Enterprise, Industries

Apple’s $44 billion China market threatened by Trump WeChat ban

August 13, 2020

Via: Fortune

Apple spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that in doubt. IPhone loyalists across China are now reconsidering their attachment to the device after Donald Trump issued an executive […]


News

Trump’s payroll-tax executive order could boost the stock market

August 11, 2020

Via: Market Watch

After Republicans and Democrats reached a stalemate in Congress, President Trump issued an executive order from his golf club in New Jersey and signed other memorandums. The executive order called for a payroll-tax deferral. The payroll tax pays for Social […]


News

Biden’s running-mate search is getting ‘outsized attention’ and could even shake the stock market — here’s how

July 29, 2020

Via: Market Watch

As Joe Biden’s campaign wraps up its work on rolling out a running mate, the effort has been drawing heightened interest for several reasons — some of them arising from 2020’s unprecedented tumult. The recent nationwide protests over police killings […]


News

Americans concerned about economic impact as coronavirus cases surge

July 21, 2020

Via: NBC News

WASHINGTON — Less than a quarter of adults believe the U.S. economy is “excellent” or “good” as the coronavirus pandemic and economic anxiety related to its spread loom large, new data from the NBC News|SurveyMonkey tracking poll show. Overall, just […]