Not exact matches
The state,
which is not a big steel exporter but produces some
of the key raw materials, could suffer collateral damage in a full
trade war.
A number
of U.S. policymakers have sought to justify stoking a
trade war with China in recent weeks, saying it is «unfair» for the world's biggest economy to have a current account deficit —
which measures the flow
of goods, services and investments into and out
of the country — with Beijing.
Hartnett warns «deflationary» behavior may be required to stop the escalation
of a
trade war —
which would mean lower stock prices and lower yields.
It's worth noting that companies often base their final decision on a possible public offering on the overall performance
of public markets,
which have been volatile in recent weeks due to fears over
trade wars.
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.
After tweeting Friday that «
trade wars are good, and easy to win» — a statement that flies in the face
of both economics and history — he took a shot at European critics Saturday, saying: «If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars
which freely pour into the U.S.»
«Buying the yen because
of a
trade war in
which Japan was going to be hit pretty badly, and Japan hasn't been exempted from the steel tariffs by the way, that seems to me pretty peculiar,» Giles Keating, managing director at wealth manager Werthstein Institute, told CNBC.
He said the cargo market,
which helped fuel Cathay's second - half improvement in 2017, remained strong despite the risk
of a looming
trade war between the United States and China.
The threat
of a global
trade war,
which has caught the attention
of investors in a big way, is also a concern for the Federal Reserve.
He defended Trump's decision to set levies
of 25 percent on imported steel and 10 percent on aluminum, a move that rocked financial markets and
which critics say threatens U.S. jobs and ignites the possibility
of a global
trade war.
Though he acknowledged that the U.S. «has some serious
trade issues with China,
which have grown over the years,» including not just tariffs but also alleged Chinese cybersecurity breaches and intellectual property violations
of American companies, the CEO said those problems do not necessitate a
trade war.
Treasury yields resume a steady climb higher on Wednesday as fretting about the threat
of an economically disruptive
trade war between the U.S. and China subsided, and takes a back seat to the concerns about rising interest rates and coming labor - market data,
which could inform the Federal Reserve's policy agenda.
«The free
trade, or freer
trade, that we've had since the end
of the Second World
War has been the great engine
which has lifted up literally hundreds
of millions
of people out
of poverty — far more than any aid programs,» Hufbauer says.
Spooked investors afraid
of Trump's
trade war, slowing economy, technicals lagging, retails lagging, inventory too high, supplies too low, dollar too weak, yen too strong, infrastructure this, cash flow that, debt too high, oil higher today but lower tomorrow, and who knows what else
which will be totally unimportant Continue reading →
Having tried to dissuade Trump behind the scenes, hoping that he would vacillate on this issue as he had on DACA and guns, the usually supine Republican leaders Mitch McConnell and Paul Ryan finally spoke up after five days
of public silence, expressing concern on the part
of their followers that the tariffs would set off a
trade war and wipe out the economic gains on
which they were pinning their November election prospects.
The prospect
of an aerospace
trade war between Canada and the U.S. loomed over the third round
of NAFTA negotiations,
which wrapped up in Ottawa Wednesday afternoon.
The end result would be a
trade war in
which everybody loses — and ultimately, it could mean the end
of North America's economic integration.
All
of which sounds very much like the escalation
of a potential
trade war between the world's economic superpowers.
With Britain looking for partners outside the EU, there will surely be more accommodation, no less,
which will heighten the risk
of damaging further the relationship with Donald Trump's United States, bracing itself for a possible
trade war with China.
US business groups: «The U.S. Chamber is very concerned about the increasing prospects
of a
trade war,
which would put at risk the economic momentum achieved through the administration's tax and regulatory reforms,» Thomas Donohue, CEO
of the US Chamber
of Commerce, said in a statement.
Trump's conviction that
trade wars are «good» seems related to his apparent belief that they are «easy to win,»
which is the most revealing part
of his tweet.
Crude oil prices got a scare on reports that Gary Cohn, chief economic advisor to President Donald Trump, is resigning,
which raised fears that the world is on the brink
of an all - out tariff and
trade war.
With its flexible financial system and the gradual elimination by the 1970s
of all capital restrictions, the United States was able quickly to adapt, and began running large
trade deficits whose costs, in the form
of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance
of which soared during the Cold
War.
So the question is whether Mr. Kudlow — not so much the individual, but the
trade war - averse faction within the administration
of which he is perhaps the most visible member — and others are going to be in position to prevent the administration from doing anything economically destructive on
trade.
The rally is also helped by the strong opposition against Trump's tariff plans,
which eased fears
of an outright
trade war between the US and its largest partners.
Mr. Navarro on Monday tried to calm financial markets,
which were rattled last week by the prospect
of a
trade war.
The United States economy and global
trade have prospered under this global
trading system,
which contributed greatly to the recovery
of the
war - torn economies of Europe and Asia, and more recently fostered the remarkable growth of South Korea following the Korean War and spurred the development of many emerging - market economi
war - torn economies
of Europe and Asia, and more recently fostered the remarkable growth
of South Korea following the Korean
War and spurred the development of many emerging - market economi
War and spurred the development
of many emerging - market economies.
The
trade wars that followed the Republican passage
of the protectionist Smoot - Hawley Tariff Act
of 1930,
which raised duties on hundreds
of imports, similarly contain illustrative lessons for today.
«The notion that's driving the price action is not just the geopolitics,
which could yet trigger a
trade war (or an actual one), but the relatively strong determination
of the Fed to continue its path
of rate increases,» said Ian Lyngen and Aaron Kohli, fixed - income strategists at BMO Capital Markets, in a note.
Gold is rallying right now, but as I told Daniela Cambone in last week's «Gold Game Film,» it has little to do with Russian geopolitics, or even
trade war fears,
which have subsided somewhat in the past couple
of weeks.
After a series
of tit - for - tat tariffs between the economic giants, there has been widespread concern that these moves could lead to a
trade war which would slow down Chinese growth and trigger a global recession.
The escalation has prompted fears
of an international
trade war, particularly in Silicon Valley,
which sources and sells its products around the world.
All
of which means a sustained
trade war could lead to higher unemployment and slower economic growth in the US.
However, Hansen explained that the economic data and the growing threat
of a global
trade war don't support aggressive action from the Federal Reserve,
which should be positive for gold prices.
Fears
of a global
trade war have risen after Trump imposed hefty import tariffs on steel and aluminum earlier this month under Section 232 of the 1962 U.S. Trade Expansion Act, which allows safeguards based on «national security&ra
trade war have risen after Trump imposed hefty import tariffs on steel and aluminum earlier this month under Section 232
of the 1962 U.S.
Trade Expansion Act, which allows safeguards based on «national security&ra
Trade Expansion Act,
which allows safeguards based on «national security».
The conflict faced by Trump's supporters in Montana, where some 28,000 farms and ranches make agriculture a top economic driver in the state, is reflective
of the one facing the larger U.S. agriculture industry,
which also largely backed Trump but now risks becoming a casualty if a trans - Pacific
trade war erupts.
A string
of such retaliatory measures could lead to a
trade war,
which would likely have damaging effects in the US and across the globe.
During a dizzying week in
which the world's two largest economies exchanged threats
of heavy tariffs, Beijing has insisted that it's ready to wage a
trade war «to the end.»
One day it could be industrial companies such as Boeing or Caterpillar,
which export lots
of products and therefore could be harmed in a
trade war.
The Chinese Ministry
of Commerce indicated that the tariffs,
which it first publicly suggested almost two weeks ago, were intended to pressure the Trump administration to back down from a simmering
trade war.
Global
trade wars (or even the threat
of such) are not good for business and are, in fact, INFLATIONARY because
of supply dislocations
which cause price distortions.
But while the industry applauds the Trump administration's efforts to rebalance unfair, global
trade relationships — and certainly the World Trade Organization's anti-dumping measures have been largely ineffective to date — protectionist policies like tariffs will disrupt the complex, global supply chains on which manufacturers rely and stoke the flames of a tit - for - tat trade
trade relationships — and certainly the World
Trade Organization's anti-dumping measures have been largely ineffective to date — protectionist policies like tariffs will disrupt the complex, global supply chains on which manufacturers rely and stoke the flames of a tit - for - tat trade
Trade Organization's anti-dumping measures have been largely ineffective to date — protectionist policies like tariffs will disrupt the complex, global supply chains on
which manufacturers rely and stoke the flames
of a tit - for - tat
tradetrade war.
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.
It was said that «the best
of defense is to attack»... --- Those allowed such to be signed knew all the time that this is what was going to happen because it happened repeatedly through out history from time
of the crusaders but still they continued with signing it because it meant for them money pouring in for all involved with the
trading on this issue
which has spoiled the life
of the Palestinians and all Arabs ever started
war over those lands started with swords and horses that has developed into the present arms that we became to know and only God knows how future arms would look like in few de-ca-des or cen - tur - ies that are yet to come...?!
It is this close unity
of the Mediterranean ecology,
which was in mind when Boissevain pointed out in his review
of the book, The People
of the Mediterranean, that it is more than just a place
of meeting,
trading and
war.
With the rising Ukrainian nationalism and the increasingly more and more visible loss
of control
of the central government over the country (in the recent
trade blockade
of Donbass by Ukrainian nationalists, president Poroshenko protested the blockade but was unable to force its lifting), it is possible that Ukrainian military will take more forceful action against Donbass and Luhansk,
which may force Russia's hand, so not all risk
of war is beyond us.
3) Apart from arms
trading, mentioned by user1, there are numerous
of other businesses
which will be gaining profit from such a
war (big credit institutes, resource companies, technology companies - information & telecoms etc., food industry).
The challenge is to create a forum
which can focus on the Tory plan for the future, notably its assault priorities
of attritional
war on local services and an assault on the
trade unions.
The powerful union boss said he and the leaders
of the other main
trade unions -
which plough millions
of pounds into Labour's coffers every year - wanted to sit down with the party's
warring factions to end the in - fighting.
I have a chapter in my book Cancer
Wars called «Doubt Is Our Product,»
which is about the hundreds and hundreds
of different industries that use these techniques
of sowing doubt in order to minimize hazard, as do various
trade associations.