• More Beef, Less Chicken: How President Trump's Trade Polices Are Changing the Meat Americans Buy

    1 month ago - By Fortune

    We've all heard that the U.S.-China trade war is affecting the bottom line for American manufacturers , farmers , and investors , but now it looks like high tariffs could affect American waistlines as well.
    As Reuters reports, declining exports of pork and beef to China and Mexico have left suppliers with a glut at home, boosting supply, depressing price, and making U.S. consumers choose pork and beef products over chicken-a sudden change of taste which could break chicken producers' 27-quarter profitable streak.
    American meat consumption was already predicted to hit a record high in 2018...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    1 month ago - By Business Insider

    Here is what you need to know.
    China is sending a senior official to the US to try to defuse the trade war. Chinese Vice Premier Liu He will fly to Washington with the hopes of meeting senior officials before the expected informal talks between President Donald Trump and Chinese President Xi Jinping on the sidelines of the G20 summit in Buenos Aires, Argentina.
    Trump is once again moving closer to imposing auto tariffs. Trump on Tuesday will meet with his trade team to discuss a Commerce Department report on auto tariffs, according to Bloomberg. He previously threatened to impose 25%...
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  • Trump mocks France's WWII record in continued threat of NATO pullout

    Trump mocks France's WWII record in continued threat of NATO pullout

    1 month ago - By Business Insider

    President Donald Trump mocked France's record in World War I and II in a Tuesday morning tweet that again waved the idea of the US pulling out of, or modifying its relationship to NATO.
    French President Emmanuel Macron has long pushed for a European army separate from NATO, and recently said that army would need to protect against the US in some capacities.
    Trump immediately took offense to the suggestion, calling it "very insulting."
    France fought valiantly in World War I but got steamrolled in World War II. Since then, France's army has emerged as world-class and one of the best in...
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  • One of China's most senior officials is going to the US to try and diffuse Trump's trade war

    1 month ago - By Chron

    Oliver Contreras/Getty; Greg Baker/Getty; Shayanne Gal/Business Insider
    Chinese Vice-Premier Liu He is set to fly to Washington for preparatory trade talks ahead of a meeting between US President Trump, and Chinese leader Xi Jinping, South China Morning Post reports.
    Trump and Xi are expected to hold an informal meeting on the sidelines of the G20 in Buenos Aires, Argentina at the end of November.
    Separately, the Wall Street Journal reported overnight that US Treasury Secretary Steven Mnuchin held a phone conversation with Liu He on Friday evening.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    1 month ago - By Business Insider

    Here is what you need to know.
    China is sending a senior official to the US to try and defuse the trade war. Chinese Vice Premier Liu He will fly to Washington with the hopes of meeting senior officials before the informal talks between Presidents Donald Trump and Xi Jinping on the sidelines of the G20 summit in Buenos Aires, Argentina.
    Trump is once again moving closer to imposing auto tariffs. Trump on Tuesday will meet with his trade team to discuss a Commerce Department report on auto tariffs, according to Bloomberg. He previously threatened to impose a 25% tariff on all autos and auto...
    Read more ...

     

  • Trade War Update: Renewed Optimism Ahead Of Xi-Trump G20 Meeting

    1 month ago - By Forbes

    China shares rise on hopes yet again that a truce is coming in the trade war.
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  • Treasury yields fall amid reports US-China trade talks have resumed

    1 month ago - By CNBC

    U.S. government debt prices rose on Tuesday amid reports that Treasury Secretary Steven Mnuchin has resumed trade talks with his Chinese counterpart.
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  • China appears to walk back on controversial decision to reopen trade in rhino and tiger bones

    China appears to walk back on controversial decision to reopen trade in rhino and tiger bones

    1 month ago - By Business Insider

    Chinese officials appear to have walked back on a widely panned scheme to reopen the trade in rhino and tiger bones.
    However, the policy change is more of an open-ended postponement, rather than a cancellation.
    The move follows the controversial October circular that tossed out a 25-year ban on rhino and tiger products, enraging conservationists and wildlife groups around the world.
    Chinese officials appear to have walked back on China's widely panned scheme to reopen the trade on rhino and tiger bones.
    It came after a controversial government notice, issued last month, tossed out a...
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  • U.S. pigs out on bacon, ribs as trade wars cut chicken demand

    1 month ago - By Reuters

    Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump's trade wars reduce U.S. pork exports to China and Mexico and leave cheaper bacon and ribs at home.
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