TOKYO - Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
Volumes remained thin in Asia ahead of a U.S. public holiday and European shares are expected to open little changed, with pan-European Euro Stoxx 50 futures STXEc1 almost flat in early Monday trade. “It’s clear that Beijing is willing to support the economy through fiscal stimulus,” said Kenji Hashizume, senior fund manager at Mitsui Sumitomo DS Asset Management in Hong Kong.
Several studies suggest the tariffs will cost U.S. households up to $1,000 a year, with the latest round hitting a significant number of U.S. consumer goods. “So far Trump appears defiant though on the tariff hikes, blaming the Fed and American companies for their difficulties in dealing with the tariffs,” said Shane Oliver, chief economist at AMP in Sydney.
is this trickledowneconomics?
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Stocks shiver as new U.S.-China tariffs add to global gloomGlobal stock prices fell on Monday after the United States and China imposed new... On the other blinding spectrums’ Bull shit arises’ for ares’ the connections connector🚬 Kudos to your tweet/headline writer.
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European stocks set for mixed open as new trade tariffs quell rallyEuropean stocks were seen mixed Monday morning as China and the U.S. kicked off a new round of trade tariffs on one another's imports, despite signs that talks could resume in September. European stocks
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Asian stocks mixed after US, Chinese tariff hikesBEIJING (AP) — Asian stocks were mixed Monday after Washington and Beijing escalated their trade war with new tariff hikes. Shanghai advanced while Tokyo and Hong Kong declined. South... want to visit Shanghai
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This business ethicist weighs in on which kind of cannabis stocks are morally OKIs owning marijuana stocks in the same moral gray area as owning stocks in an alcohol or tobacco firm? This ethicist has thoughts. Thoughts madDom19891 It’s money WTFCares Traders wait for a plane crashes and get excited so they can short the airlines.😂🤣😂
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