Trump tariff threat
May Day 2020: Stocks Down, Developing Currencies Weaken, and Trump Makes a Fresh Tariff Threat
May 1, 2020
Markets are observing labor day holidays in most of Continental Europe and in a slew of Asian countries. What should have been a very quiet day was disturbed by a new tariff threat from President Trump against China, whom he blames for the Covid-19 global pandemic which has hit America particularly harshly. People didn’t have […] More
Trump Tweets on Trade Slam Equities and Lift the Dollar
May 6, 2019
On the presumed eve of high level U.S.-Sino trade talks, President Trump has threatened to raise the tariff on $200 billion of Chinese imports by 15 percentage points to 25% and to impose tariffs on $325 billion of other imports from China, and he set an or-else deadline of this Friday for a satisfactory deal […] More
Trump’s Latest Comment on Tariffs Stirs Up Fresh Market Anxiety
July 20, 2018
Stocks had performed decently in the Pacific Rim, rising overnight by 2.1% in China, 1.0% in Hong Kong, 0.4% in Australia and 0.9% in Taiwan. The Japanese Nikkei had been an exception, drifting down 0.3%. In an interview with CNBC, President Trump signaled a willingness to impose tariffs on China equal to the sum of […] More
