Gold Silver Reports (GSR) – China, the biggest consumer of everything from copper to coal, has warned that the proliferation of tariffs could cause a global recession.
Trade War
How a $139 Billion Fund Is Trading the Trade War
Gold Silver Reports (GSR) – The ultra-long bonds are seen as a hedge to protect the portfolios of AMP Capital Investors Ltd. against the risks stemming from the U.S.-China trade frictions and less-synchronized global growth, according to Ilan Dekell, the head of macro for global fixed income at the asset manager.
Trade War Sparks Mounting Concerns of Growth Risks
Trade Turmoil
China has vowed to fight back against the Trump administration’s plans to impose tariffs on an additional $200 billion in Chinese goods, albeit with a subtle shift in tone and talks may still be on the table.
Trump Says That “We’re in a Nasty Trade Battle with China”
Trump continues to speak in Brussels on an array of topics
✅ But “it will work out ultimately”
✅ Says that the US is going to negotiate a fair trade deal with China if possible
✅ On Iran, he says that at some point they will “call me and ask for a deal”
US Stocks Cheered the Favorable Jobs Report and Ignored the Trade War
Trade war? What trade war? The US stocks cheered the favorable jobs report and ignored the trade war that started between the US and China at …
Breaking News : Chinese Media Revises Report, Says China Yet to Take any Action Against US Tariffs
Gold Silver Reports (GSR) – The earlier report by the China Daily has been revised – The media outlet has now come out to change its earlier report here and say that “China will take action against US tariffs” – implying that retaliatory tariffs are yet to have been slapped on US goods as suggested earlier.
Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion
Gold Silver Reports (GSR) – Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion – Trump confirmed that the United States would begin collecting tariffs on $34 billion in Chinese goods at 12:01 a.m. Washington D.C. time (0401 GMT) on Friday and warned that subsequent rounds could see tariffs on more than $500 billion of goods, or roughly the total amount that the United States imported from China last year.