• DealBook Briefing: The U.S.-China Fight Has Begun. How Bad Will the Damage Be?

    6 monthes ago - By NY Times

    Stock markets around the world are down as the two countries traded tariffs. Everyone is trying to figure out if the spat is for show - or meaningful.
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  • A full-scale trade war with China would plunge the US into recession, an investment bank has warned

    6 monthes ago - By Business Insider

    US President Donald Trump's new tariffs and a robust verbal response from China have sparked fears of a global trade war.
    Such a war could plunge the US into a recession and increase the number of unemployed citizens in the country by more than six million, according to investment bank Macquarie.
    Even in a mild trade war, the USA could see its GDP growth shrink and become the slowest-growing major economy.
    A global trade war would plunge the US into a recession and increase the number of unemployed citizens in the country by more than six million, according to a new analysis from...
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  • Why China Will Hit Back Super Hard Against Trump Tariffs, According to One Nobel-Winning Economist

    6 monthes ago - By Fortune

    China can't be seen to be weak on trade against a 'bully' like U.S. President Donald Trump because appeasement will lead to more and more demands , said Nobel prize-winning economist Joseph Stiglitz.
    “Particularly when you have a bully like Trump, it would not be good to respond in a weak way,” said Stiglitz in an interview with Bloomberg Television in Beijing. “We know about appeasement from Munich. It's a different kind of a war but in a trade war appeasement could lead to more and more demands.”
    Trump Thursday instructed U.S. Trade Representative Robert Lighthizer to levy tariffs on at...
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  • How Will the Tariff War Play Out?

    6 monthes ago - By AG Web

    Grain markets are apprehensive as President Trump places more trade tariffs on China, and the Chinese respond. Just how this whole trade/tariff war plays out is difficult to see at this point.
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  • China Strikes Back in U.S. Trade War: The 128 Products It Wants to Tariff and Why

    6 monthes ago - By Fortune

    China and the Trump Administration are going tit-for-tat .
    Following Trump's already controversial tariffs on steel and aluminum announced earlier this month, the president directed the U.S. trade representative to level additional tariffs on $50 billion worth of Chinese imports on Thursday, in response to apparent intellectual property theft in China. The U.S. reportedly plans to impose new investment restrictions on China as well.
    China responded in kind on Friday, announcing proposed tariffs on 128 U.S. products worth close to $3 billion. The goods include fresh and dried fruit, nuts...
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  • European and Asian Shares Fall Amid Fears of U.S.-China Trade War

    6 monthes ago - By NY Times

    The Trump administration has initially exempted Europe from steel and aluminum tariffs, but investors suspect the region could be caught in the crossfire.
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  • Trump Hits China With Stiff Trade Measures

    6 monthes ago - By NY Times

    President Trump said he will impose tariffs on about $60 billion worth of Chinese imports.
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  • Why Trump's 'Trade War' Gamble Could Finally Force Beijing To The Negotiating Table

    6 monthes ago - By Forbes

    Despite the real possibilities of a protracted and damaging trade war between the U.S. and China-with collateral damage to many other parties-Trump's latest round of tariffs against China may all about setting up the next round of deal-making. In the end, the result may be more bark than bite.
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  • Trump Just Pushed the World Trade Organization Toward Irrelevance

    6 monthes ago - By NY Times

    In announcing tariffs on Chinese goods, President Trump bypassed the body founded 23 years ago to keep the peace in global commerce.
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  • American Executives In China Respond To Tariffs

    6 monthes ago - By NPR

    NPR's Noel King talks to William Zarit about how U.S. businesses in China are reacting to the new U.S. tariffs against Chinese goods. Zarit heads the American Chamber of Commerce in China.
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  • China urges U.S. away from 'brink' as Trump picks trade weapons

    6 monthes ago - By Reuters

    BEIJING/SHANGHAI - China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods moved the world's two largest economies closer to a trade war.
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