• US stocks drop for a second day as Trump reignites his global trade war

    1 month ago - By Business Insider

    Major US indexes closed lower for the second straight day after President Donald Trump expanded the scope of his trade war to potentially include France.
    The president is targeting the European nation over a proposed tax that could affect major US technology companies including Amazon , Facebook , and Google .
    The Trump administration also issued new threats of tariffs on another $300 billion worth of Chinese imports just two weeks after the US and China agreed to restart trade negotiations.
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    US stocks took another hit on Wednesday as...
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  • France is Trump's new target as he broadens the scope of his global trade war once again

    France is Trump's new target as he broadens the scope of his global trade war once again

    1 month ago - By Business Insider

    The US has set the stage to retaliate against a French tax on Facebook, Google, Amazon, and other American technology giants by implementing punishing tariffs.
    That could potentially open another front in a global trade dispute that has sprawled over the past year.
    Trump has separately threatened to slap a tax on auto imports from the EU and lashed out at its central bank for alleged currency manipulation.
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    The US has set the stage to retaliate against a French tax on Facebook , Google , Amazon , and other American technology giants by implementing...
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