of about $300 billion worth of Chinese goods including children’s clothing, toys, mobile phones and laptops that Trump has threatened to hit with a 25% tariff.
“There can be some retaliation, but it can’t be very substantial,” Trump told reporters Monday at the White House during a meeting with Hungarian Prime Minister Viktor Orban. U.S. stocks dropped on signs of an escalating trade war, with the S&P 500 falling the most in four months. Treasuries rallied with the yen on demand for haven assets.
China’s announcement earlier Monday of its plans to raise duties on some $60 billion in American imports starting June 1, defied a call from Trump to resist escalating the trade war.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Business Maverick: Trump Warns China to Act on U.S. Trade Deal or Face Worse TermsPresident Donald Trump said it would be wise for China to “act now” to finish a trade deal with the U.S., warning that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in 2020.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: Trump Had Losses of $1.17 Billion Over a Decade: NYTPresident Donald Trump, who won the presidency in part on his image as a successful business mogul, lost $1.17 billion over 10 years on failed business deals, according to tax records obtained by the New York Times.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »
Business Maverick: China Threatens Retaliation as Trump Touts Chances of DealThe U.S. and China sent conflicting signals over trade, with President Donald Trump expressing optimism about the prospect of a deal and Beijing warning that it will retaliate if the U.S. follows through on a threat to hike tariffs.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »