Stocks were heading higher before the president tweeted that he would be raising tariffs on $300 billion of Chinese imports. Source: NYT > Business – Matt Phillips
Trump Says U.S. Will Hit China With More Tariffs
The additional 10 percent tariff on about $300 billion worth of goods means the United States will tax essentially all imports from China. Source: NYT > Business – Alan Rappeport
Trump Says U.S. Will Hit China With More Tariffs
The additional 10 percent tariff on about $300 billion worth of goods means the United States will tax essentially all imports from China. Source: NYT > Business – Alan Rappeport
Bank of England Sees ‘Volatility’ as Brexit Nears
Britain’s central bank said economic growth has probably flattened, weighed by global concerns and uncertainty over the coming departure from the European Union. Source: NYT > Business – Stanley Reed
U.S.-China Trade Talks End With No Deal in Sight
Negotiators left Shanghai on Wednesday with little immediate sign of progress as both sides appear to be settling in for a long economic clash. Source: NYT > Business – Alexandra Stevenson
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew at a 0.2 percent rate last quarter, and inflation remains far below the European Central Bank’s target. Source: NYT > Business – Stanley Reed