“China today retaliated against Trump’s tariffs. On the surface it looks like a measured response but China is also likely to stop purchases of US agricultural goods and other products,” argue Danske … ( read…
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China to retaliate in a moderate way not to provoke a further escalation – Danske Bank
China stocks fall, yuan at FOUR-month low as U.S. trade talks stall
Worries over the trade impasse also hit China’s currency, which was dragged lower by heavy corporate demand for the greenback. Prior to the market open, the People’s Bank of China (PBOC) lowered the … (…
Trump fact check: A ‘fog of misinformation’ on the trade dispute with China, AP finds
The burden of Trump’s tariffs on imports from China and other countries falls entirely on U.S. consumers and businesses that buy imports, said a study in March by economists from the Federal Reserve … (…
Why Trump’s trade war with China could quickly send stocks down more than 10%
A 10% correction could be what we are looking at,” veteran strategist Matt Maley at Miller Tabak said on Yahoo Finance’s The First Trade Monday. Maley contends that still high stock valuations coupled … (…
China to slap tariffs on U.S. goods despite Trump warning
China’s finance ministry said it plans to set import tariffs ranging from 5% to 25% on 5,140 U.S. products on a revised $60 billion target list. It said the tariffs will take effect on June…
China to impose tariffs on $60 billion of U.S. goods
HONG KONG (Reuters) – China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike…
Promoting the Development of Local Brands in Yiwu, Yiwugo “Top Ten Vendors Competition” Kicks Off
YIWU, China, May 13, 2019 /PRNewswire/ — The China Brand Day 2019 took place in Shanghai from May 10 to 12. The event featured the International Forum on China Brand Development, the experience zone ……
Uber shares fall for second day after ill-fated IPO; Lyft follows
A failed trade deal and the Uber IPO drove the harshest pullback of the year for stocks and also served to test the resilience of Wall Street’s bulls. Boeing shares fall on speculation that China…
LIVE MARKETS-IPOs: The first day is the best (except for Uber)
Can the sizzling IPO run can sustain itself? Depends. U.S.-China trade tensions could cool the market, for one. Shares in newly IPO’d companies also need to hold up. So the ill-fated listings by Uber ……
Uber’s IPO makes history for an unfortunate reason
Newly-listed companies fall below their IPO price for multiple reasons. For one thing, current macroeconomic conditions aren’t helping Uber. The U.S. increased tariffs on China Friday as the latest … ( read original story …)
China tariff retaliation clobbers U.S. stocks
China announced Monday it would impose tariffs on $60 billion … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……
Uber Extends Decline as Investor Skepticism Deepens After IPO
The IPO also comes as investors shy away from riskier assets given U.S.-China trade tensions, said the analyst, who has an outperform rating on Uber and sees the stock reaching $65 in the next year.…
China slaps tariffs on $60 billion in U.S. goods
US-China trade war: “Both sides will suffer” China has announced … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……