Tag: trade war

February 8, 2019

President Trump’s suggestion that he won’t meet Chinese Premier Xi Jinping before a crucial March 1 trade war deadline has pounded US markets amid fears of tariff escalation. The President shook his head when reporters asked about the chances of […]

January 21, 2019

DAVOS, Switzerland (AP) — The world economy will be more sluggish this year, the International Monetary Fund warned Monday, citing trade disputes that have seen China slow to its weakest pace in 30 years as well as the impact of […]

January 4, 2019

2019’s ugly start for markets looks to be taking a breather on Friday after Asian stocks responded positively to a stimulus package announced by Beijing, and news that renewed trade talks between China and the US are set to take […]

January 3, 2019

The health of the Chinese economy is becoming a big worry for some international firms. Buffeted by the ongoing trade war between Beijing and Washington — not to mention an already-anticipated slowdown in domestic growth engines — the world’s second-largest […]

December 4, 2018

The negative impact of the ongoing trade battle between the US and China is plain to see in new data from Swiss freight giant Kuehne + Nagel. According to the data, published on Tuesday, global trade was up 0.3% in […]

December 3, 2018

Global markets are ripping higher Monday morning as investors cheer a thawing of trade relations between the US and China over the weekend. Presidents Trump and Xi came to a tentative truce on trade at the G20 summit in Buenos […]

November 29, 2018

Volvo, the Swedish automaker, has confirmed plans to shelve an IPO potentially worth $30 billion, having previously blamed President Donald Trump’s trade war for postponing the share sale. “There are no plans or time schedule for entering into the equity […]

November 28, 2018

As President Donald Trump maintains protectionist policies with global trading partners, an increasing number of farms in the Midwest are struggling to stay afloat. At least 84 farm operations in Minnesota, Montana, North and South Dakota, and parts of northwestern […]

November 16, 2018

President Donald Trump’s trade war is already wiping out small American manufacturing businesses and it’s going to have a more negative impact on the US economy than most are expecting, say economists at Swiss banking giant UBS. Tariffs imposed by […]

November 9, 2018

Chinese exports to the US have risen this year as the country looks to get as many goods as possible off its shores before steeper tariffs come in January. “This growth is due to exporters’ concern that the 10% tariffs […]

November 2, 2018

Stocks around the world are rallying sharply on Friday after reports of a potential trade breakthrough between the United States and China was a catalyst to counter the brutal sell-off which characterised markets in October. According to Bloomberg, US President […]

October 23, 2018

An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia’s diplomatic isolation to worries about Italy’s finances and trade wars piled on the pressure. Selling escalated […]

September 27, 2018

A new report commissioned by the German government shows that the country—and indeed the wider European Union—could plunge into recession if there is an escalation of trade disputes with the United States. And if the EU strikes back in those […]

September 18, 2018

China’s stock market opened at a four-year low, and its currency slipped after the trade war between the United States and China escalated. The Chinese market dipped modestly lower on Tuesday after President Trump pledged Monday in Washington to impose […]

September 10, 2018

Volvo, the Swedish automaker, has reportedly had its initial public offering (IPO) plans delayed by its parent company as a result of uncertainty surrounding US President Donald Trump’s trade war. The Financial Times reports on Monday that Geely, the Chinese […]

September 7, 2018

US President Donald Trump may not be entirely done with his trade war against China, but it looks as though he already has another target in his sights: Japan. According to a report from the Wall Street Journal late on […]

September 7, 2018

The hottest stocks on Wall Street are starting to cool. It’s not just trade war fears, rising interest rates and political turbulence at the White House giving shareholders pause. The latest angst involves technology stocks, which have hit a rough […]

August 23, 2018

U.S. economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump’s trade war to inflict damage. Boosted in part by $1.5 trillion of […]

August 17, 2018

If you’re tracking the global trade fights, this can’t feel like a great time to own European companies that export posh goods. All of them would face challenges in a full-blown trade war. However, Gucci parent Kering KER, +0.07% and […]

August 15, 2018

LONDON — Turkey’s downtrodden currency, the lira, surged on Wednesday morning hours after the country’s government hit back at what it believes are “deliberate attacks” against its economy by the US, by levying significant tariffs against American goods. Around 8.00 […]