“It’s difficult at this stage to see how there can be a deal or at least a good deal.” New tariffs on more than $110 billion in Chinese imports took effect Sunday, a sharp escalation ...
“The yield curves are all crying timber that a recession is almost a reality, and investors are tripping over themselves to get out of the way.” The U.S. stock market plunged to its worst day ...
“It’s really, really getting bad out here. There’s no incentive to keep farming, except that I’ve invested everything I have in farming, and it’s hard to walk away.” After President Trump announced new rounds of ...
“Economic analysis suggests that bilateral trade wars are unwinnable in an interconnected world. By firing his latest tariff salvo against China, Trump has further raised the stakes in an increasingly damaging dispute. And America is ...
President Trump announced another round of tariffs on Chinese goods on Thursday, the latest development in an escalating trade war between the world’s greatest economies. In a series of tweets, Trump said his administration would ...
“We know firsthand that the additional tariffs will have a significant, negative, and long-term impact on American businesses, farmers, families, and the U.S. economy. An escalated trade war is not in the country’s best interest, ...
“However, growth remains low, and risks remain tilted to the downside. Most importantly, trade and geopolitical tensions have intensified.” On Sunday, June 9, finance ministers and central bank chiefs of the G20 countries wrapped up ...
Mexico is one of the U.S.’ biggest trading partners, and the new Mexico tariffs complicate the president’s goal of creating a revised trade pact between the U.S., Canada, and Mexico. President Trump announced new tariffs ...
“Will it cover the losses? No. But it makes enough of a difference to keep a lot of farmers so they can survive.” President Trump announced a $16 billion farm aid package to compensate for ...
With reference to Mao Zedong’s historic Long March China’s president enters a new, higher-stakes stage of the trade war with the U.S. Chinese President Xi Jinping told his country to prepare for difficult times and ...
China’s economic growth slowed to 6.4 percent in the fourth quarter of 2018 compared to the same period in the previous year, the slowest pace in the past 28 years as the impact of the ...
Accusations that Huawei has been conducting business in Iran through a company named Skycom have lead to the arrest of the tech company’s CFO and an increase in trade tensions. China’s Foreign Ministry summoned the ...
Amid all the drama of an international forum were a few significant moments for world affairs. The G20 summit, which wrapped up Saturday, Dec. 1, in Buenos Aires, Argentina, produced several key agreements despite concerns ...
As trade disputes threaten to upset the balance of the world economy, Indonesia held the annual meeting between the International Monetary Fund and the World Bank. On Sunday, the annual meeting of the International Monetary ...
As the trade war escalates between the U.S. and China, some countries in Southeastern Asia could come out winners. On Monday, U.S. President Donald Trump announced Washington will apply a ten percent tariff on imported ...
Several currencies in emerging markets have suffered recent downfalls since Turkey was hit by a financial crisis last month. The trend of weakening currencies has reverberated across countries from South Africa to Indonesia. Argentina entered ...
Well, that didn’t exactly go according to plan. The 44th G7 Summit, held in Charlevoix, Quebec, Canada this past weekend, was, by most accounts, an unmitigated disaster, and one person was at the center of ...
On Saturday, leaders of seven industrialized nations (Canada, France, the U.S., the U.K., Japan, Germany, and Italy) signed a joint statement vowing to overcome protectionism and curb trade barriers as the G7 summit held in ...