BEIJING (Reuters) - Voicing hopes that Beijing and the United States could avoid a trade war, Premier Li Keqiang told the close of the annual parliament session that China would open its economy further, so that foreign and Chinese firms can compete on an equal footing.
Facebook's data-privacy controversy, along with rate hike and trade war fears, are pushing the stock market lower on Monday.
Exceptions for Canada and Mexico suggest that it’s a tactic to renegotiate Nafta.
As a massive manufacturing exporter, the aerospace giant is particularly vulnerable to retaliation from China, a major customer.
The market is having to ponder lots of issues outside of the usual expertise of traders.
Traders have mostly believed that the threat of tariffs on aluminum and steel would not escalate into a global trade war
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Chinese Premier Li Keqiang called on the United States Tuesday to not act "emotionally" and to avoid a trade war, as President Donald Trump considers new punitive measures against Beijing. After announcing tariffs on global steel and aluminium imports, Trump is now mulling new actions against China over its "theft" of US intellectual property. Show More Summary
The Trump administration has been aggressive, but so far it has followed the rules of the game.
The weekly Market Update is posted at Alpha Baskets and includes the following; We now know a little more about the steel and aluminum tariffs. While actual trade wars can’t be good for anyone, the detail we have now implies that this all may be a negotiating ploy. Canada and Mexico have a very visible […]
BEIJING (Reuters) - China will open up its economy further, and its door to the outside will only get wider, with foreign and domestic firms allowed to compete on an equal footing, Premier Li Keqiang said at the close the country's annual parliament session on Tuesday.
Premier Li Keqiang said Tuesday that China doesn't want to see a "trade war" with the United States and hopes to reach a negotiated settlement of disputes. Speaking at a nationally televised news conference, Li said rash action would hurt all sides. He made no mention of a possible Chinese...
On Tuesday, market watchers did not witness the buying or selling of a single 10-year Japanese Government Bond (JGB) on an exchange. Not a one. Let that sink in for a moment. The Bank of Japan has swallowed up so much of the country’s debt obligations in its quantitative easing endeavors,...
BoomerCafé's Greg Dobbs questions picking a fight in unchartered waters. The post Boomer Opinion: A trade war, really??? appeared first on BoomerCafe.com.
By David Lawder and Luc Cohen BUENOS AIRES (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth. Show More Summary
Tensions over trade surfaced on the first day of a G20 meeting of finance ministers on Monday as the United States and China -- whose differences are fueling fears of a trade war -- flexed their muscles in the Argentine capital. TheShow More Summary
BRING on the trade war. Contrary to what Private Eye’s irreplaceable Glenda Slagg would call all the moanin’ and groanin’ from just about everyone, some of us are sanguine in the face of this latest “threat to free trade”. But...
Ruchir Sharma had an NYT column warning about the risks of a trade war from the tariffs Trump is imposing on steel and aluminum imports. At one point the piece tells readers about rising protectionism across the world and says that as...Show More Summary
The consequences of the president's enthusiasm for economic conflict could be widespread and severe. In trade wars, no one wins. The post Donald Trump is starting a trade war. Here’s why it will go dangerously wrong. appeared first on Macleans.ca.
Opinion: We shouldn't be surprised to see the federal government utterly unprepared for Washington’s wrath towards its trading partners The post Why Canada can’t win a trade war with the U.S. appeared first on Macleans.ca.