Earlier comments from Trump had stoked talk
of a global trade war as he described them as easy to win and issued a threat to German carmakers.
Not exact matches
US stocks tumbled Wednesday
as President Donald Trump escalated tensions with Russia through a series
of tweets, rattling investor nerves at a time when fears
of a
global trade war were starting to ebb.
As fears
of a
global trade war capture the attention
of investors, JPMorgan CEO Jamie Dimon is turning a watchful eye to something that has been largely swept under the rug: the Federal Reserve's unprecedented monetary tightening and the impact it could have on markets.
It is easy to laugh at the bizarre logic which lies behind the
trade war started by US President Donald Trump, but in countries on the fringe
of a remarkable
global event, such
as Australia, the laughing will soon stop.
Marc Chandler, head
of fixed - income strategy at Brown Brothers Harriman, said he does not see the potential tariffs
as the start
of a
trade war, but the move would be a volley that could have implications for
global trade.
Before a possible
global trade war became investors» biggest concerns, overheating inflation was seen
as the most likely cause
of a market meltdown.
The Japanese currency has been mostly on the rise against the U.S. dollar
as investors look for a safe haven amid fears
of a
global trade war.
The United States and China have threatened each other with tens
of billions
of dollars in tariffs in recent weeks, fanning worries
of a full - blown
trade war that could hurt
global supply chains
as well
as business investment plans.
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.
Several analysts have said that the
global scope
of the penalty, combined with the use
of national security
as an excuse, raises the risk
of a cascading series
of reprisals that threatens the stability
of the post-Second World
War trading system.
The planned tariffs have roiled world stock markets
as investors worried about the prospect
of an escalating
trade war that would derail
global economic growth.
A tit - for - tat
trade war could evolve into a full - blown one that hurts everyone, and would be a slap in the face
of the
global statesmanship, and commitment to globalization Xi has tried hard to display, most notably with his speech at the original Davos last year, where he presented himself
as a counter to the newly - elected Trump's protectionism.
A
trade war triggered by safeguard tariffs would open a new wound in the
global trading system, because it would unravel almost a quarter
of a century
of discipline and dethrone the WTO
as the arbiter
of global trade and a check on protectionism.
The move, first reported by Reuters, comes at a time when the two countries have threatened each other with tens
of billions
of dollars in tariffs in recent weeks, fanning worries
of a full blown
trade war that threatens
global supply chains
as well
as business investment plans.
Professional investors see
global growth prospects at their lowest level since Brexit
as fears
of a
trade war surge, according to the latest Bank
of America Merrill Lynch Fund Manager Survey.
-- Choppy
trading conditions reflect geopolitical tensions, including conflict in the Middle East, and the threat
of a
global trade war,
as well
as the risk
of accelerated monetary tightening.
Many chief executives at Davos say they don't view Trump's recent tariffs
as the start
of a
global trade war.
The
global economy is struggling to cope with a barrage
of hard conditions such
as uncontrolled money printing,
trade wars, sanctions, increasing interest rates and a decline in retail
trade.
With massive and increasing structural deficits; exploding debt in all sectors; hostile demographics; social and political fracturing and disintegration; grotesque wealth inequality; extraordinary
global trade competition; a complete collapse
of respect for vital government organizations such
as the Justice Department and FBI, which the people now realize have gone rogue; an extremely complex and corrosive
global geopolitical environment; the real prospect
of war, potentially nuclear and worldwide; not to mention numerous additional factors, we can only point to few other times in history more dangerous to the people's financial welfare, and therefore more overall bullish for gold, one
of the only financial sanctuaries proven to work in times
of dislocation.
Ever since the Bretton Woods agreements — the accords after the Second World
War which bequeathed the architecture for the modern international financial system — America's
trading partners have been left to cope with the impact
of Washington's control and, in more recent years, the hegemony
of the dollar
as the dominant
global reserve currency.
While clearly happy to use the murky subject matter
as a source
of entertainment, Ubisoft also appear keen to remind us that while taking on the
global drugs
trade and South American drugs cartels in a virtual world can be a lot
of fun, there is a far darker real life
war that the game takes inspiration from.
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of page
It may seem a bit wonky
as an issue itself, but the growing carbon
trade war precipitated by the European Union airline emission
trading program, now roughly six weeks in effect, really is indicative
of the continued
global denial about the environmental impact
of our activities.