• Technicals Remain Bearish For Dow Jones Industrial Average

    18 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis kicks off the new trading week with an update of the important technical indicators for the major U.S. averages.
    Economic Numbers on Friday came in close to expected and the market got off to a good start. Trade is still on everyone's minds, but the general consensus is that resolutions will be found and a trade war alleviated.
    Good numbers by Nike and Techs recovering from their recent pullback, contributed to the major indices moving higher during the morning hours. Equities traded flat through the PM hours, until a...
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  • Canada Imposes Counter-Tariffs On A Long List Of U.S. Goods

    18 days ago - By NPR

    The tariffs went into effect Sunday and are in retaliation for President Trump's tariffs on Canadian steel and aluminum. Noel King talks to Christophe Bondy, a former trade negotiator for Canada.
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  • The EU hits back at Trump's claim it is 'as bad as China' - threatening $300 billion tariffs

    19 days ago - By Chron

    Justin Sullivan/Getty Images
    European Union threatens to retaliate in growing trade war, if Trump places tariffs on European cars, the FT reports.
    The European Commission said in a letter that they would hit $300 billion of US goods with tariffs if needed.
    Letter also threatened that any auto tariffs would "damage further the reputation" of the US.
    The European Union has threatened to retaliate against President Donald Trump in the escalating trade conflict developing across the Atlantic.
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  • Why Trump's Trade War Could Mean Heavy Losses for U.S. Farmers

    Why Trump's Trade War Could Mean Heavy Losses for U.S. Farmers

    19 days ago - By Fortune

    If a trade war breaks out, American farmers are likely to pay a hefty price. In recent months the Trump administration has announced plans to impose tariffs on steel and aluminum from Canada, Mexico, and the EU, and on $50 billion or more in products from China. The four major trading partners-who purchased a combined $74.5 billion in U.S. agricultural goods in 2017-have vowed retaliatory tariffs of their own, including on U.S. ag exports. That could add to farmers' woes: Thanks in large part to lower grain prices, U.S. net farm income has plunged by over 50% since 2013.
    A version of this...
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  • Europe threatens US with new tariffs worth $300bn as trade war escalates

    19 days ago - By RT

    The United States could get a new round of retaliatory tariffs worth as much as $300 billion, if it moves ahead with new duties on European cars, the EU has warned.
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  • The EU Is Preparing Enormous New Tariffs on U.S. Goods if Trump Follows Through on His Cars Threat

    19 days ago - By Fortune

    The European Union is reportedly preparing to slap tariffs on up to $300 billion of U.S. products, if the White House goes ahead with its threatened tariffs on auto imports from the EU.
    This is based on a letter, reported by the Financial Times , from the European Commission to the U.S. Commerce Department.
    The threatened figure is enormous, dwarfing the levels of tariffs that have been lobbed at the U.S. in the early stages of what may turn out to be a fully-fledged trade war. It's around the same as the value of U.S. imports of foreign cars and parts.
    So far, the EU has only imposed...
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  • The EU hits back at Trump's claim it is 'as bad as China' - threatening $300 billion tariffs

    The EU hits back at Trump's claim it is 'as bad as China' - threatening $300 billion tariffs

    19 days ago - By Business Insider

    European Union threatens to retaliate in growing trade war, if Trump places tariffs on European cars, the FT reports.
    The European Commission said in a letter that they would hit $300 billion of US goods with tariffs if needed.
    Letter also threatened that any auto tariffs would "damage further the reputation" of the US.
    The European Union has threatened to retaliate against President Donald Trump in the escalating trade conflict developing across the Atlantic.
    According to a report in the Financial Times, a letter sent by the European Commission to the US Department of Commerce says the EU...
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  • EU warns U.S. of major hit if car tariffs imposed

    19 days ago - By Reuters

    BRUSSELS - The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.
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