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South China Morning Post (January 22)

2019/ 01/ 23 by jd in Global News

“Trump’s aggressive trade actions have also made investors much more sensitive to China’s domestic economic woes, a development which Trump doubtless views as a sign that his administration is winning the trade war but which has backfired due to the adverse spillover effects on America’s economy and markets…. A trade truce, should one materialise, has come too late.”

 

New York Times (January 20)

2019/ 01/ 22 by jd in Global News

“The hazards of being Canadian… As the U.S.-China trade war escalates, Canada is a beaver between bulls.”

 

CNN (January 3)

2019/ 01/ 05 by jd in Global News

“Evidence is mounting that the US-China trade war is dealing a blow to the American stock market. Stocks plunged on Thursday after Apple (AAPL) blamed a big sales miss on slowing growth in China and rising trade tensions. China’s massive manufacturing sector… has tumbled into contraction. And trade trouble helped fuel the biggest one-month decline in US factory activity since the Great Recession.”

 

Reuters (December 24)

2018/ 12/ 25 by jd in Global News

“A financing drought may crack farmers’ loyalty to Donald Trump. The U.S. president’s trade war has evaporated export markets for a number of crops, leaving growers struggling even more than before.”

 

CBS News (September 7)

2018/ 09/ 08 by jd in Global News

“The Trump administration’s trade battles with China, Canada, Mexico and other countries around the world can feel like a bewildering descent into the obscure. But you don’t have to be an expert to grasp that, in the era of globalization, a trade war upends the way countries have operated for decades.”

 

Bloomberg (August 1)

2018/ 08/ 02 by jd in Global News

“After earnings carnage at global auto rivals,” Toyota is in the “spotlight.” From Detroit to Seoul, Toyota’s global rivals “fell short of estimates and warned of more pain from the trade war.” In contrast, “the world’s most valuable automaker will likely report modest sales and earnings growth for the most recent quarter.” But going forward the automaker still “faces a fight on every front. Potential U.S. tariffs threaten to cripple demand in its biggest market, rivals continue to pull ahead in China, and at home, the top-selling Prius is suffering a slump in popularity.”

 

Washington Post (July 30)

2018/ 08/ 01 by jd in Global News

“Trump has repeatedly said he would protect American farmers in the trade war, last week setting aside $12 billion to help them, but he is facing pressure to extend aid to other industries…. The U.S. Chamber of Commerce on Monday estimated the total price tag could hit $39 billion if Trump compensated the losses across all industries.” But most “critics of Trump’s trade policy are calling on him to de-escalate the trade war rather than try to bail out the businesses hurt by it.”

 

South China Morning Post (July 26)

2018/ 07/ 28 by jd in Global News

“Trump says trade talks are ‘going really well’. US and China officials ask: ‘What talks?’ Diplomatic sources say no high-level discussions to defuse the growing trade war have taken place since June.”

 

Bloomberg (July 20)

2018/ 07/ 22 by jd in Global News

“What’s next for commodities after a recent price collapse? It looks like more bad news, if the chart watchers are right. The Bloomberg Commodity Index has tumbled about 10 percent from a high in May amid mounting concerns that a trade war could derail global growth, curbing demand for everything from aluminum to soybeans.”

 

Forbes (July 9)

2018/ 07/ 11 by jd in Global News

“Investors seem willing to bet that the near-term winner of the trade war is Trump. However, the detrimental effects of an escalating trade war are being considered by central bankers here and in Europe. The negative impact mainly comes from a worsening in business sentiment and corporate investment.”

 

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