• US and China exchange new trade war blows as latest round of tariffs takes effect

    22 days ago - By CNBC

    The latest round of taxes targeting U.S. and Chinese goods went into effect Monday, raising the stakes in an escalating trade war between the world's two largest economies.
    Read more ...

     

  • Trump's tariffs threaten to shatter China's economy. It already has cracks

    22 days ago - By CNBC

    The world's second-largest economy is in the midst of an intensifying trade war, but that's just one of many challenges it has to face.
    Read more ...

     

  • Trump just signed a revamped trade deal with South Korea, solidifying his first major win on trade

    Trump just signed a revamped trade deal with South Korea, solidifying his first major win on trade

    22 days ago - By Business Insider

    President Donald Trump and South Korean President Moon Jae-in have signed the first major agreement of Trump's trade agenda.
    The agreement was an update with significant improvements to reduce the trade deficit between the countries.
    Trump called it a "very big deal" and also revealed he would be meeting North Korean leader Kim Jong Un for a second time.
    President Donald Trump and South Korean President Moon Jae-in have signed the first major agreement of Trump's trade agenda.
    The leaders signed an update to an existing US-South Korea free-trade agreement Monday in New York at the UN...
    Read more ...

     

  • Stocks end mostly lower amid DOJ turmoil, trade escalations

    Stocks end mostly lower amid DOJ turmoil, trade escalations

    22 days ago - By Business Insider

    Stocks were mostly lower Monday as trade escalations between the US and China and turmoil in the Justice Department rattled markets, days after the Dow Jones industrial average and S&P 500 had hit record highs. The dollar was mostly unchanged against a basket of peers, and Treasury yields jumped.
    Here's the scoreboard:
    Dow Jones industrial average : 26,561.64 −181.86
    S&P 500 : 2,919.89 −9.78
    Nasdaq Composite : 7,993.25 +6.29
    Chaos in Washington has Wall Street on edge. Axios reports Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, is considering resigning...
    Read more ...

     

  • Chinese Homebuyers Look to U.S., Despite Restrictions, Trade War

    Chinese Homebuyers Look to U.S., Despite Restrictions, Trade War

    23 days ago - By RIS Media

    Despite new regulation and a trade war, China is continuing its hold as a key player on the property scene in the U.S., according to recently released research.
    In 2017, Chinese investors poured $39.7 billion into real estate in the U.S., Juwai.com reports. The majority-$30.4 billion-was on the residential side, and in California, Florida and New York.
    “The United States remains the top country for Chinese property investment,” says Carrie Law, CEO and director of Juwai.com. “Mainland Chinese acquired U.S. real estate worth more than in all the countries we tracked in Asia or in...
    Read more ...

     

  • Trump's trade war with China shows no sign of slowing down, and it's likely to get even uglier

    Trump's trade war with China shows no sign of slowing down, and it's likely to get even uglier

    23 days ago - By Business Insider

    The US and China imposed another round of tariffs on each other on Monday, further escalating the trade war between the two countries.
    All signs indicate their trade war is unlikely to end anytime soon, as President Donald Trump is threatening more tariffs and China called off planned talks.
    The trade war between the US and China has escalated in recent days, and the likelihood of a near-term solution is quickly fading.
    President Donald Trump's latest round of tariffs on roughly $200 billion worth of Chinese goods kicked in on Monday, bringing the total amount of Chinese goods faced with...
    Read more ...