Fresh Trade Tensions Upend Market Calm

Stocks around the world dropped Monday after the sudden intensification of U.S.-China trade tensions, sowing fears the conflict could spill over into slower economic growth.

U.S. futures and stock markets in Asia and Europe were lower, oil prices fell and the Chinese yuan weakened after President Trump threatened to ramp up U.S. tariffs on $200 billion in Chinese imports to 25%, up from 10% currently. That put an accord between the two countries in doubt ahead of a new round of talks set to begin this week in Washington....

Before running to US for safety trade

Easiest thing in the world!

maggieNYT As dark as it is, I find myself hoping for a recession just so we can get a reset on all this plutocratic fuckery that goes on.

Thanks realDonaldTrump

Get your cash ready, things are about to get discounted...

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 set to rise; US-China trade tensions escalate againU.S. President Donald Trump said in a tweet Sunday afternoon that the current 10% levy on $200 billion worth of Chinese goods will rise to 25% on Friday. He also threatened to impose a 25% tariff on an additional $325 billion of Chinese goods 'shortly.' This is great news. Supply chain moving needs a nudge. . PUTINtrump2020 GOP = GobblingOrangePoop .
Source: CNBC - 🏆 12. / 72 Read more »