Tag: tariffs

September 13, 2019

Sentiment in the U.S. rose more than expected this month as consumers felt more confident about current and future economic conditions, according to preliminary data released Friday by the University of Michigan. The September print on consumer sentiment rose to […]

July 9, 2019

US President Donald Trump’s trade war with China could result in a “Bible tax” and a shortage of Bibles, the US’ biggest Christian publisher and Bible charities are warning, according to report from The Associated Press. They say that most […]

June 26, 2019

President Donald Trump expressed optimism Wednesday for a trade deal with China but said he’s happy with the way things are going and is still considering putting tariffs on all Chinese imports. The president, in an interview with Fox Business, […]

June 11, 2019

Gold moved lower for a second day Tuesday as investors shook off trade worries, with appetite for riskier assets boosted by additional efforts by China to stoke its economy. “Trade and tariff talks have distorted gold prices, as misunderstood gold” […]

May 22, 2019

QMA’s chief investment strategist has significantly pulled back the firm’s risk exposure during the past few weeks due to the escalating U.S.-China trade war. Ed Keon, who runs more than $50 billion in multi-asset portfolios for QMA, says stocks are […]

May 10, 2019

President Donald Trump on Friday more than doubled the tariff rate on roughly $200 billion worth of Chinese imports, a move that sets the stage for retaliation from Beijing and that significantly raises the stakes in a yearlong trade war […]

April 29, 2019

A survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the […]

September 26, 2018

President Donald Trump’s administration is failing to recognize the negative effect America’s trade dispute with China and other countries will have on his voters, an investment chief told CNBC. Mark Phelps, chief investment officer of concentrated global growth at AllianceBernstein, […]

September 6, 2018

The numbers: A survey of service-oriented companies in the U.S. such as hospitals, retailers and restaurants show rapid growth in August, underscoring the broad strength in the economy. The Institute for Supply Management said its non-manufacturing index climbed to 58.5% […]

June 18, 2018

Stock-market investors navigated, virtually unscathed, a gauntlet of central-bank gatherings, a historic summit between President Donald Trump and North Korean Kim Jong Un, and flaring trade tensions. The S&P 500 index SPX, -0.10% ended the week essentially flat, managing the […]

June 7, 2018

Cooler heads will prevail despite the steady ramp-up of rhetoric on trade tariffs, the founder of New York-based consultancy High Frequency Economics believes. Finance ministers of the world’s wealthiest nations will meet at the G-7 summit Friday in Quebec, and […]