TagTrade War

Don't Blame the Fed or Tariffs Alone for this Stock Market Rout

stock market dice

Stock market investors who were expecting that the Fed would be more accommodating with its monetary policy or that trade talks between the U.S. and China would go swimmingly were in for a rude awakening. Instead, they got a one-two punch comprised of a mere quarter-point interest rate cut and threats of more tariffs on China rather than any compromise. But if you take a step back and look at the...

Trump Warns Modi on 'Unacceptable' Tariffs as PM Puts India First

Trump, Donald Trump, Modi, India

U.S President Donald Trump sent a stern warning to Indian Prime Minister Narendra Modi on Thursday as tariff wars threaten to break out on the Indian front. Trump called India’s imposition of new high trade tariffs “unacceptable”, stating that they “must be withdrawn!”. The President’s tweet comes just days before he and the Indian PM are scheduled to meet at this week’s G20 summit in Osaka...

Trump's Reckless Trade War Threats Risk Sparking Dow Jones Meltdown

donald trump trade war dow

While the Dow struggles to maintain a tenuous grip on growth, President Donald Trump recklessly thrust the economy toward a recession - and the US stock market toward an all-out meltdown. Trump Callously Disregards Impact of His Reckless Tweets The Dow Jones Industrial Average Index (DJI) slid this week on continued fears of a looming recession and lower earnings reports (though the latter are...

Dow Crosses 26,000: Is the US-China Trade Deal Enough to Revitalize the Market?

dow jones, djia, trump

Throughout the past five days, amidst reports about the Federal Reserve’s reluctance towards raising the interest rate, the Dow Jones has breached the 26,000-point mark for the first time since March 1. The Dow suffered early last week due to the steep sell-off of the Boeing stock, which is estimated to have cost the Dow more than 300 points but it briefly broke out of 26,000 points on March 19...

China's Huawei Fights Back, Plans to Sue 'Hypocritical' US Government

Leading Chinese electronics and cell-phone manufacturer Huawei is reportedly preparing to sue the government of the United States of America over the latest development in an ongoing trade war between the US and China. The US recently banned national federal agencies from using Huawei phones or products, alleging that the products are "backdoored" by the Chinese state, allowing the government to...

Massive Dow Gains to Follow Trump's 'Substantial Progress' with China Trade Talks

Dow, Dow Jones, Trump, Donald Trump

The Dow Jones is expected to record another strong performance until the month’s end following the U.S. government’s decision to delay the deadline of trade talks with China. Previous reports suggested that the U.S. President Donald Trump is considering a 60-day extension of the March 1 deadline, suspending tariffs on key sectors for an additional two months. If the extension is to materialize in...

Shocking 'Near Zero Growth': Hong Kong is Another Loser in the US-China Trade War

Hong Kong, US, China, Trade War

Eric Lam reports for Bloomberg: "The trade war between the U.S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost 'zero growth.'" What's astounding to me is that the people of the world accept that peaceful acts of commerce between consenting adults is any of the U.S. federal government's business. Tariffs Are A Form...

Dow Triumphs But a Skeptical Harvard Professor Warns of a Market Collapse

On February 12, the Dow Jones surged by more than 500 points by 1.49 percent following optimistic forecasts on U.S.-China trade talks. The S&P 500, Nasdaq Composite, and Dow Jones all recorded strong gains in the past month, recovering by nearly 6 percent in a short time frame. However, Mark Wu, a Harvard Law School professor, said that a full comprehensive trade deal by March 1 is highly...

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