All Posts Tagged: China
The impact of the trade war escalation is clearly visible in our lowered forecasts for U.S. GDP growth, interest rates and inflation. We have cut our near‐term consumer inflation forecasts as oil, energy, and metals prices plunge and the dollar strengthens on flight‐to‐safety capital flows.Read More ›
Stock markets tumbled today as the U.S.-China trade war reignited after representatives failed to reach an agreement last week.
The S&P 500 Index fell 2.41% on Monday, while exchanges around the world were in the red, according to Bloomberg data, after both sides announced a fresh round of tariffs.Read More ›
Trump’s additional tariffs on $200 billion of Chinese imports nearly doubles the negative economic impact on both the U.S. and China.Read More ›
After almost crossing the finish line, trade negotiations between the U.S. and China reached another hurdle over the weekend as President Trump tweeted that the U.S. would raise the current tariff on $200 billion worth of Chinese goods from 10% to 25% by the end of the week.Read More ›