Trade partners, namely the European Union, Brazil and Turkey, have promised to retaliate if such tariffs are put forward, raising
fears of a potential trade war.
The move was condemned by world leaders and sent global markets tumbling amid
fears of a potential trade war.
Meanwhile,
fears of a potential trade war breaking out following recent moves from the U.S. that would implement tariffs on up to $ 60 billion worth of Chinese imports have also not alleviated the situation.
European equities closed lower Tuesday amid continued
fears of a potential trade war and regulation for the technology sector.
The move came in retaliation to the Trump administration's decision to implement tariffs on aluminum and steel tariffs and stirred
fears of a potential trade war.
President Trump announced tariffs on steel (25 %) and aluminum (10 %), and engaged in trade rhetoric sparking
fears of a potential trade war.
WASHINGTON — White House officials moved quickly on Wednesday to calm
fears of a potential trade war with China, saying the administration's proposed tariffs were a «threat» that would ultimately help, not hurt, the United States economy, hours after China said it would punish American products with similar levies.
White House officials moved quickly to calm
fears of a potential trade war with China, saying the administration's proposed tariffs were a «threat» that would ultimately help, not hurt, the United States economy, hours after China said it would punish American products with similar levies.
Not exact matches
In March, equities were under pressure after concerns
of tougher regulation on tech companies as well as over
fears of a
potential global
trade war.
Even though investors seemed to lose momentum toward the end
of the session on Monday, positive comments from Chinese officials succeeded in easing
fears about a
potential trade war, and that helped refocus most market participants on the impending start to earnings season.
Stocks fell victim to heightened
fears about
potential trade wars, exacerbated by a more strident tone from Trump administration officials today and an apparent lack
of concern about the difficulties heaped upon the stock market by the heated
trade rhetoric between the U.S. and China.