Trade war This morning, China is reportedly set to put new tariffs on $75 billion worth of U.S. imports as of September 1st. This would be in retaliation for tariffs put on Chinese goods in the U.S. by the Trump administration. The tariffs would range between 5-10% on these as…
Trump administration hits China’s Huawei with one-two punch
The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds. Taken together, the two moves threaten Huawei’s ability to continue to sell many…
Trade war? Investors think positively
Global markets largely rose on Friday just hours after President Trump escalated his trade war with China. The stock market in China, which sometimes gets a lift from state-run companies looking to buoy the market, led the global rise. Futures that allow investors to bet on the performance of stocks…
Трамп одним твитом обрушивает рынки – trade war US/China
European stocks tumbled to a one-month low and German bond yields slipped back into negative territory on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets. In a surprise twist on Sunday, Trump said he would hike U.S. tariffs on…