The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.
Category: United States
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Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.
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Canada Will Use Its Retaliatory Tariff Earnings to Aid Workers and Businesses
But exactly what the country will do remains unclear and the scale of the current disruption makes decision-making difficult.
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Walmart Says Trump’s Tariffs Have Added Uncertainty to Its Outlook
Executives at the largest retailer in the United States acknowledged the new environment, but told investors that they were confident in the company’s strategy.
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Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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Delta Warns Trump’s Trade War Could Lead to a Recession
Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.
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Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
The slide in crude prices signals deteriorating confidence in the strength of the economy.
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China Hits Back Again at Trump, Bringing New Tariffs on U.S. Goods to 84%
Beijing announced a new round of 50 percent tariffs in response to President Trump’s latest levies as the trade conflict between the superpowers escalates.
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What Is a Bear Market? Are We in One?
A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.
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China Condemns American ‘Protectionism’
Beijing issued a lengthy denunciation of U.S. trade policies and accused Washington of violating a trade deal the countries reached in President Trump’s first term.
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E.U. Officials Set to Vote Today on First Retaliatory Tariffs
The European Union is poised to approve a plan to hit back at President Trump’s steel and aluminum levies. Further measures could come next.
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Another Rocky Day in Markets: Stocks in Asia Resume Their Slide
With the S&P 500 nearing a bear market, shares in Asia decline as China and other major U.S. trading partners await the start of significantly higher tariffs.