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October 18, 2019

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US tariffs on European goods come into effect on Airbus planes, wine, cheese whiskey and much more today

CBS NewsOctober 18, 2019October 18, 2019

by CBS NewsOctober 18, 2019October 18, 201901

The U.S. slapped tariffs of up to 25% on European consumer goods including Scotch whiskey, French and Spanish wines and some cheeses on October 18, 2019, in an ongoing trade dispute over subsidies for aircraft maker Airbus. Getty/iStockphoto Washington — The United States imposed tariffs on a record $7.5-billion worth...

CNBC Business

From automakers to manufacturers, Chinese businesses face a challenging environment

CNBCOctober 18, 2019October 18, 2019

by CNBCOctober 18, 2019October 18, 201901

An early look at the state of some Chinese businesses for the third quarter indicates many companies are still waiting for the worst to blow over. Source link: Click here for more

CNBC Business

The US is becoming like China on trade policy, ex-White House negotiator says

CNBCOctober 18, 2019October 18, 2019

by CNBCOctober 18, 2019October 18, 201901

The U.S. is beginning to resemble China on trade rather than the other way around, according to a former top trade and economic adviser to Presidents George H.W. Bush and Bill Clinton. Source link: Click here for more

CNBC Business

Japan-US trade deal estimated to boost Japan’s economy by 0.8%

CNBCOctober 18, 2019October 18, 2019

by CNBCOctober 18, 2019October 18, 201902

The trade deal reached between Japan and the United States is estimated to contribute about 4 trillion yen ($36.84 billion) to Japan’s GDP. Source link: Click here for more

CNBC Business

China’s pork shortage could give US farmers a chance to cash in

CNBCOctober 17, 2019October 17, 2019

by CNBCOctober 17, 2019October 17, 201903

Pork prices have nearly doubled, and data show local production of the meat this year will likely fall a few million tons short of demand. Source link: Click here for more

CNBC Business

China says its economy grew 6% in the third quarter, slower than expected

CNBCOctober 17, 2019October 17, 2019

by CNBCOctober 17, 2019October 17, 201903

China released third-quarter GDP figures on Friday showing the economy grew 6.0% from a year ago. Source link: Click here for more

CNBC Business

Asia Pacific shares mixed in early trade; China’s GDP data ahead

CNBCOctober 17, 2019October 17, 2019

by CNBCOctober 17, 2019October 17, 201901

Asia Pacific markets were mixed in early trade Friday morning, as investors await the release of China’s third-quarter growth data with slowing growth continuing to be a concern amid the ongoing trade war with the U.S. Source link: Click here for more

Reuters - Business

China says it hopes to reach phased trade pact with U.S. as soon as possible

ReutersOctober 17, 2019October 17, 2019

by ReutersOctober 17, 2019October 17, 201903

BEIJING (Reuters) – China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners. A phased agreement would help restore market confidence and reduce uncertainty,...

Reuters - Business

China says it hopes to reach phased trade pact with U.S. as early as possible

ReutersOctober 17, 2019October 17, 2019

by ReutersOctober 17, 2019October 17, 201902

BEIJING (Reuters) – China’s commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on canceling tariffs on each others’ goods. A phased agreement would help restore market confidence and reduce uncertainty, Gao Feng,...

Reuters - Business

China says hopes to reach phased trade pact with U.S. as early as possible

ReutersOctober 17, 2019October 17, 2019

by ReutersOctober 17, 2019October 17, 201901

BEIJING (Reuters) – China’s commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others’ goods. FILE PHOTO: China’s Ministry of Commerce spokesperson Gao Feng attends a news conference...

CNBC Business

Brexit deal on a knife edge but talks continue ahead of EU summit

CNBCOctober 17, 2019October 17, 2019

by CNBCOctober 17, 2019October 17, 201902

Efforts are continuing to hammer out a Brexit deal Thursday as European Union leaders gather for a summit in Brussels. Source link: Click here for more

CNBC Business

Trump advisor Peter Navarro reportedly invented and quoted a fictional character in his books

CNBCOctober 17, 2019October 17, 2019

by CNBCOctober 17, 2019October 17, 201903

Tessa Morris-Suzuki, a professor at the Australian National University, discovered that a character named Ron Vara in Navarro’s books is fictional, reported The Chronicle of Higher Education newspaper. Source link: Click here for more

CNBC Business

Phase one deal will help US soybean farmers retake Chinese market share, trade group executive says

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201901

The trade war has pummeled farmers of the most valuable U.S. crop, as exports to China plummeted 53% in the 2018-2019 marketing year. Source link: Click here for more

CNBC Business

Hong Kong shares rise, led by property developers

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201900

The Hang Seng Index jumped 0.65%, with shares of property developers rising after the city’s leader Carrie Lam announced on Wednesday measures to ease a housing shortage and calm anti-government protests. Source link: Click here for more

Reuters - Business

U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

ReutersOctober 16, 2019October 16, 2019

by ReutersOctober 16, 2019October 16, 201901

U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington, U.S., October 11, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign...

Reuters - Business

Trump says likely won’t sign China trade deal until he meets with Xi

ReutersOctober 16, 2019October 16, 2019

by ReutersOctober 16, 2019October 16, 201901

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with Chinese President Xi Jinping at the upcoming APEC Forum in Chile. Trump, speaking to reporters at the White House, said the partial trade deal announced last...

CNBC Business

Watch: Trump holds press conference with Italian President Sergio Mattarella

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201902

The Trump administration’s recent tariffs on European imports have raised tensions between the U.S. and EU member states. Source link: Click here for more

CNBC Business

Former Mexican president says Trump is ‘isolating’ the US economy

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201901

President Donald Trump is isolating the U.S. and jeopardizing global economic growth, former Mexican President Vicente Fox told CNBC Wednesday. Source link: Click here for more

CNBC Business

Brexit talks enter final day before crucial EU summit

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201902

The U.K. and EU are entering a final day of talks Wednesday with hopes that a Brexit deal can be reached before a crucial EU summit. Source link: Click here for more

CNBC Business

‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says

CNBCOctober 16, 2019October 16, 2019

by CNBCOctober 16, 2019October 16, 201901

“Even if we don’t have a recession … I think it’s pretty clear that we’re going to have a much weaker economy,” says Mark Zandi. Source link: Click here for more

Which NFL team will win Superbowl LV - 2/7/2020

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Trade

US tariffs on European goods come into effect on Airbus planes, wine, cheese whiskey and much more today

From automakers to manufacturers, Chinese businesses face a challenging environment

The US is becoming like China on trade policy, ex-White House negotiator says

Japan-US trade deal estimated to boost Japan’s economy by 0.8%

China’s pork shortage could give US farmers a chance to cash in

China says its economy grew 6% in the third quarter, slower than expected

Asia Pacific shares mixed in early trade; China’s GDP data ahead

China says it hopes to reach phased trade pact with U.S. as soon as possible

China says it hopes to reach phased trade pact with U.S. as early as possible

China says hopes to reach phased trade pact with U.S. as early as possible

Brexit deal on a knife edge but talks continue ahead of EU summit

Trump advisor Peter Navarro reportedly invented and quoted a fictional character in his books

Phase one deal will help US soybean farmers retake Chinese market share, trade group executive says

Hong Kong shares rise, led by property developers

U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

Trump says likely won’t sign China trade deal until he meets with Xi

Watch: Trump holds press conference with Italian President Sergio Mattarella

Former Mexican president says Trump is ‘isolating’ the US economy

Brexit talks enter final day before crucial EU summit

‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says

Which NFL team will win Superbowl LV - 2/7/2020

Is the US heading in the right or wrong direction: The nation generally

All I have are negative thoughts….

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