Month: October 2018

Read More

Today’s Stock Market News – US plans more China tariffs if Trump-Xi meeting fails.

StockMarketNews.Today – The U.S. this year has already imposed tariffs on $250 billion in trade with China. Ten percent tariffs on $200 billion in imports that took effect in September are due to increase to 25 percent on Jan. 1. Trump has also threatened to impose tariffs on the remaining goods imports from China, which last year were worth $550 billion.

Read More

Today’s Stock Market News – The United States will become a key source of energy supplies to meet growing demand globally.

StockMarketNews.Today – “In the next 5-10 years, we expect to see improved recovery rates and even a doubling in some of our most prolific (gas) basins,” said Frank Fannon, assistant secretary in the energy bureau of the U.S. state department. “What this means in the near-term is that the United States may double production, double export capacity and introduce new market innovation ” he said at an industry conference in Singapore.