Trump said in a tweet Sunday afternoon that the current 10% levies on $200 billion worth of Chinese goods. He also threatened to impose 25% tariffs on an additional $325 billion of Chinese goods "shortly."
Though trade negotiations between Washington and Beijing officials are set to resume on Wednesday, the president lamented that the progress is moving "too slowly" as China tries to re-negotiate terms of the deal. "President Trump set the tone for the new week expressing dissatisfaction at the pace of China trade negotiations amid Beijing's attempt to renegotiate," Rodrigo Catril, senior foreign exchange strategist at National Australia Bank, wrote in a morning note.
"An increase in tariffs would be bad news for risk assets and would the prospect of a global growth recovery," Catril said., which tracks the greenback against a basket of its peers, was at 97.476 after seeing highs above 97.8 last week.
. PUTINtrump2020 GOP = GobblingOrangePoop .
This is great news. Supply chain moving needs a nudge.
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:
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 in Australia poised to decline; US-China trade talks set to resume in BeijingThe U.S. and China are set to resume trade talks later on Tuesday. U.S. Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were in 'the final laps,' according to a New York Times report from Sunday. Anyone else wonder why every week the Trump Administration sends out teasers about this trade deal, yet here we are with nothing. I wish I could short the trade deal - I bet that would be profitable. themoneygps jimcramer
Source: CNBC - 🏆 12. / 72 Read more »
Stocks wilt after weak China data; euro zone GDP in focusEuropean equity markets nudged down on Tuesday as weak Chinese business surveys ...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts and moreStocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts & more Trump is amazing
Source: CNBC - 🏆 12. / 72 Read more »
Stocks edge higher as Apple results boost Dow, tech sharesStock futures push higher on Wednesday, pointing to potentially more records for major indexes as Apple Inc. shares climbed in premarket on an upbeat...
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street set for mixed open with earnings in spotlightU.S. stocks were set for a flat to slightly higher open on Thursday, as investor... 588 Who is this actor? I love his work
Source: Reuters - 🏆 2. / 97 Read more »
US futures signal a muted open after Powell comments send stocks lowerU.S. stock index futures were higher on Thursday morning, as market participants digested comments from the Federal Reserve.
Source: CNBC - 🏆 12. / 72 Read more »
Top-performing fund manager who takes big risks says stay invested in US stocksMargaret Patel, manager of Wells Fargo Asset Management's Diversified Capital Builder fund, says her secret is a simple one. Capitalists use corrupt politicians and a police state to enforce slave labor and suppression of organizing by consumers and workers. Makes it easy for the born wealthy to become wealthier for doing nothing to earn it. Capitalism Enjoy
Source: CNBC - 🏆 12. / 72 Read more »
US tech stocks push Norway's $1 trillion oil fund to best ever gainsThe world's largest sovereign wealth fund just had its best quarter ever Trump2020 +9.1% and they're actually bragging about that.... Nice work Folketrygdfond you only underperformed by 600 bps.. What are you charging them anyway? Are you looking for iPhone style or unique Business card design? Please Contact:
Source: CNBC - 🏆 12. / 72 Read more »