Gold Silver Reports (GSR) – President Donald Trump has suggested he may tax effectively all imports of Chinese goods, which reached more than $500 billion last year.
President Donald Trump
Tallying Up the Trade-War Victims
Gold Silver Reports – Tallying Up the Trade-War Victims – President Donald Trump has taken flak for saying “trade wars are good and easy to win,” but merely responding “trade wars are bad and easy to lose” isn’t much more convincing. What we really need are hard numbers. In the latest corporate earnings season, we’re starting to get them.
Trump Says He’s ‘Ready’ to Put Tariffs on All $505 Billion of Chinese Goods Imported to the US
Gold Silver Reports (GSR) – The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 — $505.5 billion to be exact, compared to the $129.9 billion the U.S. exported to China, according to Census Bureau data.
Sensex Jumps 130 Points, Nifty above 10,980 Ahead of Modi Government No-Confidence Vote
Gold Silver Reports (GSR) – Indian benchmark indices BSE Sensex and NSE’s Nifty 50 gained on Friday as the Parliament will debate the no-confidence motion tabled by opposition parties against the Narendra Modi government.
US-China Tariffs: ‘The First Shots to The Trade War are About to be Fired’
Gold Silver Reports (GSR) – U.S. President Donald Trump said on Thursday that tariffs on $34 billion worth of Chinese goods will kick in at 12:01 a.m. EST on Friday morning. China said that its tariffs on U.S. goods would take effect immediately after the U.S. duties kick in.
US will be Tough on Iran Sanctions, And that Could Sting Consumers
Gold Silver Reports (GSR) – US will be Tough on Iran Sanctions, And that Could Sting Consumers — A senior State Department official Tuesday said the U.S. is seeking a reduction in Iranian exports to zero and does not intend to grant any waivers for companies or countries seeking exemptions. President Donald Trump pulled the U.S. out of the Iran nuclear deal, which continues to be supported by Iran and the other parties to it: the U.K., Germany, Russia, China, Italy and France.
Investors Agree With Trump: Any Trade War
Gold Silver Reports (GSR) – That’s the early view from financial markets as the tariff dust-up between China and the U.S. shows increasing signs of impacting stock prices. While broad measures of American equities have held up better than their Chinese counterparts, striation within the U.S. market shows investors anticipate steep losses in some stalwart names.