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Mnuchin says he's 'cautiously hopeful' that China tariffs can be avoided Financial markets have taken a hit as investors fear a potential global trade war, with U.S. stocks last week suffering their biggest weekly drop since early 2016 (http://www.marketwatch.com/story/dow-set-for-triple-digit-drop-as-trade-war-fears-trigger-global-rout-2018-03-23). Read:Mr. Roboto?
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Trump Crossed Two Red Lines, So Expect Stock Market Recovery Despite a harrowing week for U.S. stocks, market conditions are looking favorable heading into the second quarter, according to JPMorgan Chase & Co. Conditions for stability ... Moreover, China is prepared to improve U.S. access to their financial industry - a potential "win" for Trump. (Another force for ...
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Gold soared to 1350 on Friday Stocks fall as markets doubt the White House has a trade strategy… The president's trade hawks want to punish China more than they want to change its behavior. This is the mentality that could lead to a trade war and economic damage to everyone. Equity markets reflected that worry Thursday by ...
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US exempts South Korea from steel tariffs, revises free trade deal: South Korea Trump was elected in 2016 after promising to punish what he saw as unfair trade practices by other countries, particularly China. Alarm over a possible trade war between the world's two largest economies has chilled financial markets as investors foresee dire consequences should trade barriers go up.
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