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Trade War

Washington and Wall Street wake up to the reality that Beijing is happy to walk away

As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there’s another reality that is setting in — that China seems happy to walk away from trade talks.

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After instigating trade war America will have to dance to China’s tune – investor Peter Schiff to RT

The lull in the US-China trade war amid new flaring tensions over the arrest of Huawei finance chief can only backfire at Washington as Beijing holds a trump card, veteran stockbroker Peter Schiff has warned.

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Dow Jones Drops 400 Points After Trump Reveals New Tariffs for China

After US President Donald Trump said on Sunday that the US will hike tariffs on goods imported from China, Wall Street will start the week with a sharp selloff, as investor optimism about the possible conclusion of a trade deal with China in the near future has faded.

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Trade war with China: US will make sure it causes major ruckus before losing the fight

There are suggestions that the US and China may now sign a trade agreement in May. However, it seems unlikely that this will be the great victory over China that Trump promised, as recent events indicate.

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Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP

Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP. A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy.

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Trade War Cut US Soybean Exports to China 90% – Top USDA Economist

US agricultural exports to China are forecast to fall significantly in crop year 2019, an official in President Donald Trump’s administration said this week, noting that the damage was a result of the administration’s own trade policies with China.

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Chinese investment in US plunges 83% amid simmering trade war

Chinese investments in North America and Europe fell by 73 percent last year as a result of tightened US scrutiny of foreign takeover deals and Beijing’s restrictions on outbound investments. Data from law firm Baker & McKenzie showed that Chinese foreign direct investment (FDI) flows into the United States have also turned negative, falling to […]

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Apple sides with China against Trump

Rick Sanchez takes a look at China’s response to the Trump Administration tariffs imposed on Beijing, as US telecom giant Apple losses 64 billion dollars of its value. Apple CEO Tim Cook blames the tit-for-tat and the Trump administration’s trade war with China. Is Apple blameless, or is this a show of force as Apple […]

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