Sentences with phrase «trade wars»
President Donald Trump has beeninjecting uncertainty into the stock market lately, and the jolts and volatility could continue as long as investors worry about trade wars.
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SINGAPORE, April 24 - Southeast Asian leaders will focus on trade wars, the crisis in Myanmar and security tensions in the disputed South China Sea at a summit this weekend, but it's highly unlikely there will be any headline - grabbing progress on the issues.
A global sell - off in stocks came back around to North America in morning trading after the president doubled down against growing backlash, saying «trade wars are good.»
Commerce Secretary Wilbur Ross didn't necessarily allay those fears at the World Economic Forum Annual Meeting in Davos, Switzerland on Wednesday, stating: «Trade wars are fought every single day, the difference is U.S. troops are now coming to the ramparts.»
But given Trump's unwillingness to stake out clear positions on taxes and spending, and his enthusiasm for threatening trade wars with China and Mexico, supporting Trump could risk elevating the populist, protectionist wing of the Republican party over the significant chunk of Republicans who believe in cutting spending and promoting free trade.
«Trade wars, a recession, any notion of any weakness in global economies are going to cut into,» oil prices, Kloza said.
Once Wall Street gets more clarity from this week's Federal Reserve meeting and rhetoric surrounding the risks of trade wars subside, Vertical Research Partner Michael Dudas expects gold to spring out of its trading range.
Do you fix that through trade wars?
But trade wars aren't that simple.
Commerce Secretary Wilbur Ross, for one, staked out different ground, telling reporters in Davos that «trade wars are fought every single day, the difference is U.S. troops are now coming to the ramparts.»
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.»
«Trade wars are good and easy to win.»
Already, the 10 - year yield has dropped back to 2.8 percent — largely as a result of President Donald Trump's desire to initiate trade wars.
We could have trade wars, and it could blow up NAFTA negotiations, and nobody wins a trade war,» said Art Hogan, chief market strategist at B. Riley FBR.
«When you have trade wars, you have economic upheaval, turmoil, recessions [and] bankruptcy.»
When other countries think of things we like to export to them and they could impose tariffs, that's the beginning of trade wars.»
«That's when trade wars begin.»
The lesson of history is clear: Trade wars have no winners.
Picking trade wars with China or tearing up NAFTA won't help at all.
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win.
History suggests that «those who don't engage are the ones who are hurt» in currency and trade wars, says Camilla Sutton, chief currency strategist at Scotia Capital.
Still, Canada's politicians should keep in mind that uncertainty about trade policy is weighing on business investment, and therefore murmurs of trade wars will do nothing to build confidence.
The French president warned that trade wars, rather than trade deals, «destroy jobs» and raise prices for the middle class.
This is perhaps the most timely driver, considering President Donald Trump's recent announcement that he'll seek huge tariffs on steel and aluminum, and his subsequent comment that «trade wars are good.»
Last week, President Donald Trump insisted «trade wars are good» after a contentious global response regarding his decision to impose tariffs on steel and aluminum imports.
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.
Canadian politicians know there are points to be scored with voters by threatening trade wars, but things could quickly spiral out of control
He opened by telling the crowd that he needed the newser to go quickly because «I've got a lot of trade wars to escalate here.»
«Thus, the risks of potential «trade wars» and the potential negative impact on the global economy and on oil demand if these risks do materialise should constitute a serious concern for OPEC,» the authors argue.
There was some concerns about the potential for trade wars and the U.S. administrations hard line on China.
Market - watchers have been on edge in recent weeks with lingering threats of trade wars and the possibility of the market turning negative.
The threat of a trade war would also freak out the overseas investors we count on to buy our government bonds, and keep our interest rates at super-low levels.
And, when asked about the impact of potential trade war escalation, Cook seemed surprisingly sanguine about the state of U.S. - China relations.
Chinese and American officials will be trying to defuse tensions pushing the world's two largest economies toward trade war in meetings in Beijing beginning Thursday.
The trade war is coming.
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A high - level U.S. trade delegation will also be in Beijing for meetings later this week, amid lingering worries about a possible trade war between the world's top two economies.
Instead, lets continue your plan for unleashing America's robust economic growth by avoiding a damaging trade war,» Eberhart wrote in his letter.
There is no reason why the European Union should suffer from a trade war between the United States and China, France's finance minister said Saturday,
While the effects of a possible trade war are still just in the realm of possibilities and analysts are waiting for all the rhetoric dust to settle, if trade and economic growth were to weaken, they could affect the pace of oil demand growth.
In the face of a continuous stream of headlines about a potential trade war between the United States and China, one technology CEO has called for collaboration between the world's two largest economies.
China's President Xi Jinping has to back up his words with actions if he wants to avoid a trade war, John McCallum, Canada's ambassador to China told CNBC.
Global investors this week seemed to shrug off anxieties about a US — China trade war and focus instead on news that North Korean dictator Kim Jong - un steamed by armored train from Pyongyang to Beijing for a meeting with Chinese president Xi Jinping.
The fact is, most economists agree that trade deficits are not necessarily bad for the U.S. economy nor do they reflect some camouflaged version of a trade war, as Ross asserts.
«There's no such thing as a good trade war, as the recent history of the Bush administration shows,» says Hensarling.
Trump made the remark as the two sides prepared to hold talks in Beijing on resolving conflicts over trade and economic policies that have propelled the two countries toward a full - blown trade war.
«We've been in a trade war for decades,» new U.S. commerce secretary Wilbur Ross told Bloomberg News recently, as he clarified why the U.S. is launching a radical series of trade negotiations that will include a head - on collision with China and ripping up NAFTA.
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.
Should tensions escalate, Wall Street could see an atypical trade war where tariffs are met with non-conventional methods from China.
Hedge fund managers have warned that Chinese authorities could soon retaliate against U.S. tariffs and vastly escalate a global trade war that has simmered for the last few of weeks.