• China's Taste for Soybeans Is a Weak Spot in Trade War With Trump

    5 monthes ago - By NY Times

    Beijing's retaliatory tariffs make American soy pricier. But the country's huge demand for oil and animal feed makes it tough to stop importing overnight.
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  • How China could hurt US once it ran out of imports to tax

    5 monthes ago - By Chron

    BEIJING - In his trade war with China, President Donald Trump wields one seeming advantage: The United States could ultimately slap tariffs on more than $500 billion in imported Chinese goods. Beijing has much less to tax: It imported just $130 billion in U.S. goods last year.
    Yet that hardly means China would be powerless to fight back once it ran out of U.S. goods to penalize. It possesses a range of other weapons with which to inflict pain on the U.S. economy.
    Indeed, China's Commerce Ministry has warned of "comprehensive measures" it could take against the United States - from...
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  • Wall Street Enters Third Day of Gains as Trade Fears Ease

    5 monthes ago - By NY Times

    U.S. stocks rose on Monday, with bank stocks leading third day of gains in a row after strong U.S. jobs data from last week helped investors brush aside trade concerns.
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  • Tesla raises car prices in China amid trade war: Electrek

    5 monthes ago - By Reuters

    Tesla Inc has raised prices on its Model X and S cars by over $20,000 in China, automotive news website Electrek reported on Monday, making it one of the first U.S. carmakers to hike prices in the wake of rising trade tensions.
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  • Deepening America's Key Energy Port Seems Like A No-Brainer, And That's A Problem

    5 monthes ago - By Forbes

    With U.S. crude exports now exceeding 3 million barrels of oil per day and rising, it is more important than ever that congress act to fund the Army Corps of Engineers project deepen and expand the critical Port of Corpus Christi, from which more than half of crude exports currently originate.
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  • US consumers and businesses are already starting to feel the pain from Trump's trade war, and the worst is yet to come

    US consumers and businesses are already starting to feel the pain from Trump's trade war, and the worst is yet to come

    5 monthes ago - By Business Insider

    President Donald Trump has gotten the US into trade fights with China, Canada, and the European Union, among others.
    Inflation data, business surveys, and recent decisions by high-profit businesses all show that Trump's trade fights are starting to cause US consumers and companies pain.
    Consumers and businesses are starting to feel the pinch of President Donald Trump's sustained trade battles with the rest of the world and the pain may be just starting.
    Trump has launched protectionist trade campaigns aimed at countries from Canada to China. The result of Trump's tariffs is starting to pop...
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  • LA Port Will Likely Feel Effects From U.S.-China Trade War

    5 monthes ago - By NPR

    The port of Los Angeles braces for the fallout of the escalating trade war between China and the U.S. More than half of the goods that pass through this port are going to or coming from China.
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  • Wall Street enters third day of gains as trade fears ease

    5 monthes ago - By Reuters

    U.S. stock indexes opened higher on Monday, on track for third day of gains in a row, after last week's strong U.S. jobs data helped investors brush aside trade concerns.
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  • The Latest: China says tariffs to offset trade war fallout

    5 monthes ago - By Chron

    BEIJING - The Latest on the tariffs, technology and trade dispute between the U.S. and China :
    8:30 p.m.
    China's commerce ministry says that Beijing will use revenues from higher import duties on U.S. products will be used to help companies that may be hurt by the trade dispute with Washington.
    The higher duties on U.S. goods went into effect on Friday as the U.S. imposed 25 percent tariffs on roughly $34 billion of Chinese products.
    The commerce ministry statement issued Monday said Beijing will use the increased revenue to "alleviate the impact on enterprises and employees." It gave no...
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  • China Sets Its Sights On An Oil War With The U.S

    China Sets Its Sights On An Oil War With The U.S

    5 monthes ago - By ETF Daily News

    From Tyler Durden : With the US and China contemplating their next moves in what is now officially a trade war, a parallel narrative is developing in the world of energy where Asian oil refiners are racing to secure crude supplies in anticipation of an escalating trade war between the US and China.
    This comes even as Trump demands all US allies cut Iran oil exports to zero by November 4 following sanctions aimed at shutting the country out of oil markets.
    Concerned that the situation will deteriorate before it gets better, Asian refiners are moving swiftly to secure supplies with South...
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  • Global Economy Still Strong, But China Trade Is Troubling

    5 monthes ago - By Forbes

    For Barclays Capital, global growth trumps trade war chatter.
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