Dow Jones Industrial Averageplunged 3.5%. US stocks are poised to open higher on Tuesday. Futures on those indexes are up at least 0.3%.China plans to raise duties on around $60 billion of American imports on June 1, in retaliation to the US raising tariffs from 10% to 25% on $200 billion of Chinese imports on Friday.
The Trump administration is preparing to expand tariffs to a further $300 billion of Chinese goods, although the president hasn't ruled out a trade deal and plans to meet his Chinese counterpart at next month's G-20 summit.according to Bloomberg"Markets are likely to take Trump's words with a few pinches of salt, given the many situations in the past which have not resulted in the easing of trade tensions," said Lukman Otunuga, a research analyst at FXTM.
I honestly would not accept that China does not have a deal lucrative enough on the backburner that enables them to play hardball with the US like this
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Asian stocks, yuan fall as U.S.-China seen deadlocked in trade talksU.S. stock futures fell and Asian shares slipped on Monday on growing uncertaint... trade war is a lose lose game. This is part of the Art of the Deal that Trump forgot to write about. Managing High Finance and Trade are not in his skill set. He is a Flim-Flam artist and the Chinese are not stupid or Putin or Kim Jung-Un. Kim asked for $2 million for Otto Warmbier UP Front. Another Trump Lie? Any fall in yuan will soften the harm to Chinese exports to U.S! Then U.S will blame China for currency manipulation! What happened to free market ideology of American conservatives?
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Global stocks slip, bonds rally as U.S.-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest devel...
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Asia stocks slip, bonds rally on fears China-U.S. trade deal unravelingAsian equities tracked Wall Street's slide on Wednesday, while investors sw...
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Asia stocks slip, bonds rally on fear China-U.S. trade deal could unravelAsian equities tracked Wall Street's slide on Wednesday, while investors sw...
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Asian stocks, yuan fall as Sino-U.S. trade talks deadlocked; investors await China retaliationU.S. stock futures and Asian shares fell on Monday on growing anxiety over wheth... Chinese stocks have been terrible lately وقال ترامب: 'تستمر المحادثات مع الصين بطريقة متجانسة للغاية - ليست هناك حاجة على الإطلاق للتسرع - حيث يتم دفع الرسوم الجمركية الآن إلى الولايات المتحدة من الصين بنسبة 25 ٪ على سلع ومنتجات.. The Chinese stock market collapses again !
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Asian stocks move lower Monday as markets react to failed U.S.-China trade talks in WashingtonShares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement.
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