div > div.group > p:first-child"> The U.S. hiked tariffs from 10% to 25% on $200 billion worth of Chinese goods at 12:01 a.m. ET Friday. In response, Beijing said it"deeply regrets" the tariff hike and would take countermeasures — though no specifics were provided.
"Investors seemingly continue to try to cling to hope that policymakers on both sides opt to deescalate," Deutsche Bank's research strategist Jim Reid said in a note Friday. Goldman Sachs told clients in a note that there is still some wiggle room in the negotiations, which are still set to continue on Friday.
Who says their not sinking?
Many think trump is playing politics with the economy. As we get closer to the election he will announce a bunch of “big wins” (trade and judges) this will allow his base to excuse the constant attacks on democracy by the GOP.
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Stock market dips again as US and Chinese trade negotiators meetThe stock market dipped for the fourth day at closing in the wake of Pres. Trump's decision to impose tariffs on China and as negotiators have their final round of trade negotiations in Washington. I am still stunned that in America, one person can ruin the economy with no checks or balances. Tariffs go into effect as U.S., China promise more trade negotiations ahead. Don't worry folks. China is coming to the bargaining table and the new trade agreement couldn't be any worse than the one we had. Some of you are such pessimists.
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