Any new US tariffs on Chinese goods will be 'catastrophic' for global stocks: China state-run media

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

A Chinese state-run newspaper claimed in an editorial that the U.S. faces greater pressure to resolve its trade differences with China because failed negotiations would likely have negative consequence on stocks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China-backed money has already deeply Infiltrated in global economy, it's true that any unfavorable outcome for those who manipulating behind the 'Chinese' money will cause damage to global market, but mostly it's 'Chinese money' getting out, and that's exactly what you need -

So you are saying the current China tariffs are about right? Because the US economy has been soaring ever since tariffs have been put in place.

100% tariff on all Chinese goods and services until Reciprocal Fair Trade and End of Intellectual Property Theft! realDonaldTrump

America once has been 1 advocate of free trade, globalism. In a complicated multipolar world with great differences of mentality, state of development and resources globalism doesn't work. It's good for big global corporations, banks and the rich but bad for American workers.

The real problem isn't China, Germany. It's the ill-fated 'post-industrial services economy' praised by Nobel Prize lauretes like Paul Krugman. The American industrial demise. The lack of a skilled work force, good education. The antiquated foot, pound, gallon, psi etc. system.

Omg China is playing this out so well! gameofthrones

When $spy falls, it will be without a parachute!

Two more weeks!

Lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks greet sign of trade truce extension with gleeInvestors hungry for progress on resolving a U.S.-China trade war seized on U.S.... That's not a truce. Oil is up, so far. Oil Rally probably won't last much longer though.
Source: Reuters - 🏆 2. / 97 Read more »

Asian stocks reach four-month peak on U.S.-China trade deal hopesAsian stocks reached a more than four-month high on Wednesday, lifted by optimis...
Source: Reuters - 🏆 2. / 97 Read more »