Category

Trade War

Trump’s favorite trade-war scorecard posts its best figure in 17 months — but data shows overall growth is slowing Trade War

Trump’s favorite trade-war scorecard posts its best figure in 17 months — but data shows overall growth is slowing

AP Images The US trade deficit narrowed for a second straight month in October.The drop was the latest sign that tariffs and cooler global growth have weighed on activity in the largest economy.Trump views the trade balance a scorec…
bubmag
December 5, 2019
Boris Johnson backs big tech tax despite Trump’s threats, and risks escalating transatlantic trade war Trade War

Boris Johnson backs big tech tax despite Trump’s threats, and risks escalating transatlantic trade war

UK Prime Minister Boris Johnson has risked escalating Europe-US trade war after vowing to push ahead with a tax on large online companies. First proposed by former UK Chancellor Philip Hammond, the so-called digital services tax would see large online compan…
bubmag
December 4, 2019
Commerce Secretary Wilbur Ross supports delaying a trade deal until after the 2020 election, saying it eliminates an advantage for China Trade War

Commerce Secretary Wilbur Ross supports delaying a trade deal until after the 2020 election, saying it eliminates an advantage for China

Pushing a US-China trade deal past the 2020 presidential election takes away some of China's leverage, Commerce Secretary Wilbur Ross told CNBC Tuesday.The statement arrived hours after President Trump floated the late deadline to reporters i…
bubmag
December 3, 2019
Dow dives after Trump hints that a trade deal with China could come after the 2020 election – USA TODAY Trade War

Dow dives after Trump hints that a trade deal with China could come after the 2020 election – USA TODAY

President Donald Trump said that French President Emmanuel Macrons recent comments about NATO were very insulting. USA TODAY U.S. stocks tumbled Tuesday on worries that a trade deal with China wont be reached this month. The Dow Jones Industrial Average d…
bubmag
December 3, 2019