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Service industries such as insurance aren’t subject to tariffs, which may shield brokerage acquirers from the direct effects of the trade war, says Mann. “We’re not a products and goods company.
However, he raised import taxes on Chinese goods to 125% in an escalating trade war between the two mega economies. Chinese stock markets were still higher on Thursday, but state-backed buying has ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
War never changes...or maybe it does. Ron Perlman would have us believe that war never changes, but the movies about it certainly have. The last 20 years have brought no shortage of films about ...
Walmart, the largest retailer in the world, pulled its financial guidance for the quarter because of uncertainty over the impact of sweeping tariffs on China, Vietnam and other global sources of ...
Trump’s order represents a sharp escalation in his war on climate policy, as well as a continuation of his efforts to consolidate power in the White House at the expense of Congress, courts and ...
Current political and economic issues succinctly explained. Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Trump’s ...
What’s most striking about President Trump’s tariff war is that he’s being pressured by some of his closest advisers and supporters to end the crusade that has upended the world economy.
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WASHINGTON — Canada amped up its retaliatory measures against Donald Trump’s tariffs on Wednesday as the United States president brought his trade war to the world. A 10 per cent baseline tariff on ...
China is fierce competition in the EV space and a trade war could give them a lead that leaves the U.S in the dust. Brands like BYD and Xiaomi are already producing spectacular EVs that could ...