Trade war with US takes a chunk out of China's economy

Trump wants to make sure China deal includes intellectual property protection: Sarah Sanders Fox News contributor and former White House Press Secretary Sarah Sanders discusses the Trump impeachment push, the Ukraine whistleblowers, Adam Schiff’s handling of the impeachment investigation, and the China trade deal. The latest data out of China shows a weakening economy. Continue Reading Below Growth in Chinese […]

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Stocks trade cautiously lower on trade deal concerns

Today marks 100th record close for S&P under Trump Hugh Johnson Advisors’ CIO Hugh Johnson discusses the improved monetary conditions within the market and economy. U.S. equity futures are pointing to a lower open on Thursday when trading begins. Continue Reading Below The major futures indexes are indicating a slide of 0.2 percent, after another day of records were set […]

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US, China tariffs could lower global GDP by 0.8% in 2020, says IMF

WASHINGTON (REUTERS) – Tariffs imposed or threatened by the United States and China could shave 0.8 per cent off global economic output in 2020 and trigger more losses in future years, the International Monetary Fund (IMF) said on Thursday (Sept 12). IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already facing challenges including a […]

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China pushing Trump to remove more tariffs ahead of trade deal: media

(Reuters) – China is pushing U.S. President Donald Trump to remove more tariffs imposed in September ahead of the signing of the U.S.-China trade deal, Politico reported on Monday, citing three people familiar with internal discussions. Beijing is pressing the U.S. to remove a 15% tariff that was imposed on roughly $112 billion worth of Chinese goods on Sept. 1, […]

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U.S.-China trade deal in sight after progress in high-level talks

WASHINGTON (Reuters) – U.S.-China trade talks are progressing well and the United States aims to sign an initial deal this month, top Trump administration officials said on Friday, offering reassurance to global markets after nearly 16 months of tit-for-tat tariffs. Beijing’s state-media Xinhua News Agency said the world’s two largest economies had reached “consensus on principles” during a serious and […]

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China could remove extra tariffs on US farm goods to boost imports, says trade association chief

Beijing could remove extra tariffs on US agriculture products to make it easier for importers to buy the goods rather than directing to purchase specific amounts, according to the head of a government-backed trade association. U.S. President Donald Trump said earlier this month that China had pledged to spend between $40 billion and $50 billion on U.S. agricultural products annually […]

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A global shipping revolution is weeks away — Here are the likely winners and losers

On January 1, 2020, the International Maritime Organization (IMO) will impose new emissions standards designed to significantly curb pollution produced by the world's ships. For some of the world's biggest oil producers, the new rules coming into force represent a source of great concern. Maritime transport is critical to the global economy, with more than 90% of the world's trade […]

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An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, Jefferies strategist suggests

"In our industry … there's a general perception that it would be a significant equity market correction if she were to win," says David Zervos, chief market strategist at Jefferies. "But people forget she's not that different from Obama. If you put the two of them side by side in 2007, they had very similar agendas — healthcare, regulation and […]

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