The U.S.-China dispute remains center stage for stocks
As was feared, China has retaliated, raising the stakes in a trade war that has raised concerns about the future of global economic growth. The Asian nation announced increased tariffs on $60 billion of goods from the United States after the U.S. raised tariffs to 25% from 10% on $200 billion in Chinese goods Friday and trade talks between the world’s two largest economies didn’t result in a deal last week. The new tariffs from China are set to go into effect June 1.
As the trade war drags on after some market participants may have thought a deal would already have been hammered out, Wall Street seems to be finding itself in an interesting dynamic. But over the long run, earnings always matter, even though they may not be the main story at the moment. As the trade war between the U.S. and China continues, it’s probably worth keeping an eye on U.S. consumer-related data because Americans are having to deal with higher costs caused by tariffs. That could eat into retail sales and consumer confidence, and end up being a drag on GDP and an inflationary pressure.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
As Trump fights with China over trade, U.S.-China economic relationship already being redefinedThe trend of U.S. companies serving Chinese consumers with products made in China could pose a significant challenge to Trump’s “America First” agenda
Lire la suite »
Treasury yields move lower on US-China trade tensionsU.S. government debt prices were higher on Monday as concerns over the ongoing trade war between the U.S. and China took center stage.
Lire la suite »
Trump is playing the 'long game' in China trade talks: Former White House trade advisorTrump is taking a 'calculated approach' to trade talks with China to get a long-term solution, says Clete Willems, former trade negotiator.
Lire la suite »
Treasury yields move lower as increased tariffs on China kick inU.S. government debt prices were higher on Friday morning as U.S.-China trade tensions escalate further.
Lire la suite »
U.S., China to continue trade talks Friday, despite tensionsAmid rising tensions, the U.S. and China agreed to continue trade talks for a second day, the White House announced Thursday night. 'This evening,...
Lire la suite »
Oil gains despite mounting U.S.-China trade tensionsOil prices rose on Friday despite the start of U.S. President Donald Trump'...
Lire la suite »
Britain concerned by U.S.-China trade tensions: UK PM's spokeswomanBritain is concerned by the escalating tariff tensions between the United States...
Lire la suite »
UK sees risk of serious damage from U.S.-China trade tensionsBritish finance minister Philip Hammond said on Friday he was hopeful the United...
Lire la suite »
How To Trade The China Trade WarRun? Emerging market specialists still bet on a deal. But overall, pessimism is starting to set in. How long that lasts depends on this week's trade talks in Washington.
Lire la suite »
Stocks open lower as U.S.-China trade tensions intensifyStocks opened with losses Thursday as trade tensions between the U.S. and China appeared intensified. The S&P 500 fell 22 points, or 0.8%, to 2,857,...
Lire la suite »
Watch now: ETF Edge on the market sell-off as U.S.-China trade tensions escalate
Lire la suite »