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.
With threats of additional tariffs raising
the prospects of a trade war, the major U.S. indexes moved lower over the past week.
Also supporting equities on Thursday was a diminishing focus on
the prospects of a trade war between China and the U.S.
While the global financial markets were stressing over
the prospects of a trade war, the cryptocurrency market took a hit on Wednesday, following a statement released by the SEC stating that if a platform...
Not exact matches
Gold has fluctuated as investors rated
prospects of a U.S. - China
trade war.
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.
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.
Beijing has responded in kind, so
prospects for an escalation
of tit - for - tat protectionism are ripe, and a debilitating
trade war is not out
of the realm
of possibilities.
These safeguard measures are absolutely stupid as a matter
of economics, but relatively trivial as far as the impact on U.S. - China relations and the
prospects for
trade war are concerned.