• Trump's steel tariffs are costing Permian Basin pipeline companies millions, but the building rush continues

    2 monthes ago - By Stl Today

    The Permian Basin is helping President Donald Trump make good on his rallying cry about U.S. energy independence. But his decision to impose 25 percent tariffs on much of the world's steel comes at a time when foreign steel is...
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  • Trump's trade war reminds Morgan Stanley of a dispute that worsened the Great Depression - and the firm is sounding the alarm on an economic meltdown

    Trump's trade war reminds Morgan Stanley of a dispute that worsened the Great Depression - and the firm is sounding the alarm on an economic meltdown

    2 monthes ago - By Business Insider

    With President Donald Trump's trade war ramping up further, Morgan Stanley just said the US's protectionist behavior reminded it of the conditions surrounding the Great Depression.
    Morgan Stanley is also worried about how the trade war will affect foreign direct investment, a slowdown in which could crush global economic growth.
    President Donald Trump 's latest attempt to strong-arm China appeared to fail Thursday, as the nation's Ministry of Commerce dismissed his threats as a "carrot and stick" tactic.
    The latest back-and-forth weighed on markets globally and renewed concerns that the...
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  • European Economy Feels Strain From Trump's Trade War

    2 monthes ago - By NY Times

    Business managers worry whether a cease-fire between Brussels and the White House will hold. The uncertainty is bad for growth.
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  • China stands its ground after Trump amps up tariff threats

    2 monthes ago - By Reuters

    China vowed on Thursday to retaliate if the United States acted on a threat to raise tariffs on the Asian nation's exports, fueling fears in financial markets that the trade war between the world's two biggest economies would escalate.
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  • China has not 'weaponized' currency yet, but yuan's fall could decide next moves in trade war

    2 monthes ago - By CNBC

    China is doing little to stop its currency's near daily decline, and some view that as a strategy to weaken the yuan in order to minimize the impact of President Donald Trump's trade tariffs on its economy.
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  • Concern about Trump's trade war has 'spiked tremendously' among America's largest companies

    Concern about Trump's trade war has 'spiked tremendously' among America's largest companies

    2 monthes ago - By Business Insider

    President Donald Trump launched a months-long trade war in March by imposing various tariffs.
    Companies in the S&P 500 are starting to take notice of the trade battles.
    According to analysts, mentions of the word "tariff" on S&P 500 earnings calls has skyrocketed to the highest in recent history.
    President Donald Trump's trade war has started to grab the attention of some of America's largest companies.
    Throughout the second-quarter earnings season, S&P 500 firms across the spectrum have weighed in on the president's tariffs on steel, aluminum, Chinese goods, and more. Companies ranging...
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