Sentences with phrase «for escalating trade tensions»
Trump's tariffs on metals have also stoked fears about the potential for escalating trade tensions, and investors have focused on industrial companies because of their dependence on China and other international markets.
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Trade tensions between the two countries recently escalated as they announced plans for tariffs on key products they buy from each other, ranging from Chinese aluminum and steel to American orange juice and soybeans.
The CEO of Standard Chartered said tariffs could be an «effective» opening gambit for trade negotiations, but ultimately would provide a negative if there were escalating tensions between China and the U.S.
President Donald Trump's proposal for additional tariffs against China may escalate tensions that would hurt U.S. companies, said Miriam Sapiro, former deputy and acting U.S. trade rep during the Obama administration.
It now looks impossible for negotiators to meet their goal of getting an agreement by the end of this month, especially amid the prospect of escalating trade tensions from the steel dispute.
The escalating trade tensions between the two largest economies in the world have resulted in China slapping a 25 percent levy on U.S. imports including products such as soybeans, cars and whiskey — a tit - for - tat after President Donald Trump targeted a list of Chinese imports.
U.S. - China tensions over trade may have abated for now, but with China ready to escalate at any moment, CNBC's Jim Cramer wanted investors to be prepared for potential pain.
Treasury yields on Friday are little changed in Friday trade, but were mostly lower for the week, as a swoon for global stocks appeared to intensify on worries about escalating trade tensions between China and the U.S.
WASHINGTON Ordering combative action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.