Markets calm after Trump’s trade war with China causes meltdown
Tuesday, 14 May 2019 Donald Trump has described his trade war with China as “a little squabble” and said he has an “extraordinary” relationship with Chinese President Xi Jinping exactly one day after he rocked global markets with massive threats of new tariffs. The US president also warned Beijing he would impose tariffs on an additional $300bn (£232.4bn) in Chinese goods, telling reporters on Tuesday before departing for Louisiana that he believes negotiations between both countries are “going to turn out extremely well.” “We’re in a very strong position,” Mr Trump told media from the White House South Lawn. We’ll tell you what’s true. You can form your own view. From 15p €0.18 $0.18 USD...
On Monday President Donald Trump said that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China in a deepening trade war. Reuters reports that american farmers are a key constituency of Trump and they have been...
TOKYO (Reuters) - Asian stocks inched higher on Monday, with a rebound in the Hong Kong market helping the mood, as investors remained cautious ahead of a closely-watched Federal Reserve meeting. FILE..
According to a report by Reuters, on Sunday, an influential Chinese Communist Party journal said that the United States has underestimated China's will to fight a trade war and Beijing is prepared for..
On Monday the U.S. Trade Representative's Office will kick off seven days of testimony from U.S. retailers, manufacturers and other businesses. According to Reuters, they'll be talking about President..
NEW YORK (AP) — More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an... SeattlePI.com Also reported by •Seattle Times •USATODAY.com
WASHINGTON (AP) — President Donald Trump is complaining that President Xi Jinping enjoys a major advantage in the U.S.-China trade war in that he controls... SeattlePI.com Also reported by •Seattle Times