Administration officials are weighing whether to invoke national security considerations to combat rising Chinese steel and aluminum imports more broadly, a move that
trade analysts fear could trigger a wave of similar measures by U.S. trading partners.
Not exact matches
This is just the second move in what
analysts fear could be a series of retaliatory actions leading to a slowing of international
trade, which could have a serious drag on the US economy.
BEIJING (Reuters)- China's
trade surplus with the United States surged nearly 20 percent in the first quarter, with some
analysts speculating exporters were rushing out shipments to get ahead of threatened tariffs that are spurring
fears of a full - blown
trade war.
stocks edge up Monday, building on last week's gain, with
analysts attributing the advance to
trade - war
fears easing.
BEIJING China's
trade surplus with the United States surged nearly 20 percent in the first quarter, with some
analysts speculating exporters were rushing out shipments to get ahead of threatened tariffs that are spurring
fears of a full - blown
trade war.
«There's a lot of
fear about a slowdown in China,» said Frank Lesh, a broker and futures
analyst with FuturePath
Trading.
And the pound's wobble on Friday was blamed by market
analysts on profit - taking to avoid weekend risk amid renewed Brexit
fears, especially after E.U. Council President Donald Tusk repeated the E.U.'s position that the U.K. needs to clarify its position on the key issues, particularly with regard to Ireland and the U.K.'s divorce bill, before the E.U. will agree to start post-Brexit
trade talks by December.