China: “Tariffs Must Be Reduced“

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation’s commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal. “The Chinese side believes that if the two […]

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U.S. to Impose New Tariffs on EU Goods

◊ StockMarketNews.Today — The U.S. plans to swiftly impose new tariffs on $7.5 billion in aircraft, food products and other goods from the European Union. The new duties represent the most significant trade action against the EU since the Trump administration hit the bloc with steel and aluminum duties last year, and could further sour […]

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Stock Markets – Stock Rally Powers On Despite Tariff Deadline

◊ Stock Markets Today ◊ • U.S. stock futures gain • Treasury yields edge up • Tariffs to be implemented over the weekend Global stocks extended their rally on the final trading day of the month on optimism around U.S.-China trade relations, despite impending new tariffs. The Stoxx Europe 600 opened up 0.8%, with the […]

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Apple’s Data Shows a Deepening Dependence on China

◊ Apple Stock News Today ◊ Tapping factories in Brazil and India has not lessened Apple Inc’s (AAPL) dependence on China, the company’s supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs. Start Trading Now or Try a FREE Demo Account. Apple […]

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Trump Will Hike Tariff Rates on Most Imports From China

{ Trump Raise Tariffs on Chinese Goods – Stock Market News } … President Donald Trump will hike tariff rates on most imports from China in response to the latest shots in the trade war between the world’s two largest economies, he said Friday. Forum For Investors & Traders – For Beginning Investors, As Well As Experienced And […]

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Trump Orders U.S. Businesses to Find Alternative to China

{ Trade War and Tariffs – Stock Market News } … President Trump said U.S. companies were “hereby ordered” to start looking for alternatives to doing business in China after Beijing said it would impose tariffs on $75 billion worth of additional U.S. products. “Our Country has lost, stupidly, Trillions of Dollars with China over many years,” Mr. […]

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China is being forced to retaliate against the United States in their trade dispute, and U.S. exporters including suppliers of liquefied natural gas would “certainly” be hurt, said Chinese vice commerce minister Wang Shouwen.

StockMarketNews.Today – The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s two biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to hit global economic growth.

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U.S. President Donald Trump warned on Friday that he has tariffs ready to go on $267 billion worth of Chinese imports in addition to the $200 billion of the Asian nation’s goods already facing the risk of duties.

StockMarketNews.Today – Implementing both sets of tariffs would subject virtually all U.S. imports from China to new duties as the world’s two largest economies escalate their trade war over Trump’s demands that Beijing make major economic policy changes.

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China’s stock indices are lower and European stocks are trading cautiously as investors measure comments from the White House signalling that trade talks between Washington and Beijing are stalled.

StockMarketNews.Today – Stocks lose momentum as investors assess trade talks deadlock
Trump adviser blames Xi Jinping for stalled negotiations over tit-for-tat tariffs.
National Economic Council director Larry Kudlow said China could “end” the “tit-for-tat business” by reducing tariffs and allowing American ownership of companies in China.

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Asia-Pacific equities recover as US-China trade dispute fears ebb. Sterling dips briefly after Trump makes harsh Brexit comments on visit to Britain

Stocks mostly climbed in Asia as concerns about US plans for tariffs on $200bn of imports from China continued to dissipate. The pound dipped briefly following comments from US President Donald Trump suggesting the UK’s current Brexit plans would forestall a bilateral trade deal, while oil prices edged lower after a partial recovery during the previous session.

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Morgan Stanley is bracing for a turn lower in the stock market and is recommending clients to shift away from the technology stocks that have helped drive US equities higher and move into more defensive sectors such as consumer staples, telecoms and utilities.

StockMarketNews.Today – Major US stock indices stumbled as global trade disputes intensified. But a strong economic backdrop, bolstered by solid US jobs data on Friday, have offered some respite, with the S&P 500 and the Nadaq Composite up 3.7 per cent and 11.7 per cent respectively

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President Donald Trump is already threatening additional rounds of tariffs, possibly targeting more than $500 billion worth of Chinese goods – roughly the total amount of U.S. imports from China last year.

StockMarketNews.Today – It will take weeks or months for the U.S. Trade Representative to review and possibly activate any new rounds of punishment.
China’s commerce ministry said it was forced to retaliate, meaning imported U.S. goods also faced 25 percent tariffs.

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