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Steve Eisman Of 'Big Short' Fame Says No Amount Of Fundamental Research Can Help Navigate Trump's Tariff War, 'Throw It Out Of The Window'
Wednesday, April 9, 2025 - 2:07am | 477Read More...Legendary investor Steve Eisman, whose foresight on subprime mortgages was spotlighted in "The Big Short," has fired off a cautionary salvo for investors looking into the equity market for solutions, declaring that traditional investment analysis has become virtually worthless amid the current...
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China Retaliates With 34% Tariff On All US Imports, Urges Trump To Immediately Cancel The Tariffs, Calls For Negotiation
Friday, April 4, 2025 - 8:30am | 551Read More...China’s finance ministry has announced a 34% tariff on all goods imported from the U.S., effective from April 10. This decision comes as a response to the U.S. administration’s earlier imposed duties. What Happened: China’s finance ministry has declared a 34% tariff on all...
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China Hits Canada With Retaliatory Tariffs On Agriculture Goods Amid Intensifying Global Trade War
Monday, March 10, 2025 - 5:05am | 573Read More...China has announced retaliatory tariffs on certain Canadian agricultural products in response to Canada’s import duties on Chinese electric vehicles, steel, and aluminum products. What Happened: China announced on Saturday that it would implement a 100% tariff on Canadian rapeseed oil, oil ...
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Analyst Warns Investors To 'Stay On The Defensive Side' For Chinese Stock As Trump's Tariff Fears Mount: Nio, Xpeng, Alibaba, JD In Focus
Friday, January 3, 2025 - 4:54am | 699Read More...Amid a turbulent start to the year for Chinese stocks, UBS Global Wealth Management has issued a warning to investors, recommending to "stay on the defensive side.” This comes as market volatility is expected to rise due to anticipated policy changes by the incoming...
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Microsoft, HP, Dell Race To Ramp Up Production In China As Trump's Tariff Threat Looms Ahead Of His White House Return
Thursday, November 28, 2024 - 7:22am | 626Read More...Microsoft Corp. (NASDAQ:MSFT), HP Inc. (NYSE:HPQ), and Dell Technologies Inc. (NYSE:DELL) are ramping up their production of electronic components in China. This comes as they prepare for potential tariff hikes on Chinese imports as President-elect Donald Trump is set to return to the White House...
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Trump 'Sold Us Out' With China Tariff Policy, Says Harris In Heated Presidential Debate
Wednesday, September 11, 2024 - 7:08am | 638Read More...Donald Trump and Kamala Harris sparred over China policy during the presidential debate hosted by ABC News on Tuesday night. What Happened:Harris criticized Trump’s tariff policy, labeling it a “Trump sales tax” that would impose a 20% tax on everyday goods, affecting middle-...
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Former Treasury Secretary Warns Against Excessive Trade Restrictions On China: 'Politicians Will Go Beyond Reasonable Boundaries'
Thursday, September 5, 2024 - 9:14am | 505Read More...The former U.S. Treasury Secretary, Robert Rubin, has warned U.S. lawmakers about the potential risks of imposing excessive trade restrictions and tariffs on China. What Happened: Speaking at the Bund Summit in Shanghai via video link, Rubin urged for a cautious approach to tariffs, warning against...
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Sharpie Pens Maker Plans To Reduce China Dependence Amid Tariff Tensions With US
Wednesday, August 7, 2024 - 7:34am | 485Read More...In a move to mitigate tariff uncertainties, Newell Brands (NASDAQ:NWL), the firm behind Sharpie pens, is shifting some of its production out of China. The company’s writing business manufacturing will be relocated to Tennessee. What Happened: CEO Chris Peterson clarified that this shift in...
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Biden's Economic Advisor Says 'China Is Not Playing By The Rules' So Tariffs On Goods Needed To Ensure 'Level Playing Field'
Wednesday, May 15, 2024 - 10:47am | 631Read More...White House National Economic Advisor Lael Brainard indicated that the tariffs by President Joe Biden on Chinese imported goods are a response to China’s economic practices. What Happened: During an episode of the Reuters podcast, Brainard mentioned that tariffs were introduced specifically...
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Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions
Monday, May 13, 2024 - 12:04pm | 791Read More...In an interview on Monday, Treasury Secretary Janet Yellen outlined the current administration’s stance on several key economic issues, including tariffs on China and the need for domestic investment in strategic sectors, such as semiconductors and clean energy, which she believes are...
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Biden Ramps Up Pressure On China With Proposed Tariff Increase On Steel, Aluminum
Wednesday, April 17, 2024 - 8:36am | 624Read More...President Joe Biden is taking a hard stance on trade with China, proposing a significant hike in tariffs on steel and aluminum imports. This move comes amid heightened economic tensions between the two global powers. What Happened: Biden has put forward a plan to dramatically increase tariffs on...
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Trump Teases 60% Tariff On Chinese Imports In Potential Return To White House, Voices Concerns Over Beijing Interfering In 2024 Election
Sunday, February 4, 2024 - 8:24pm | 712Read More...Donald Trump has hinted at the possibility of imposing a tariff exceeding 60% on all Chinese imports if he secures a return to the presidency. What Happened: Trump’s comments come amidst rising economic and other tensions between the U.S. and China. During his previous term, Trump had imposed...
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US Trade Groups: Drop Import Tariffs For China, Mr. President
Thursday, March 19, 2020 - 12:49pm | 519Read More...A coalition of more than 100 American trade associations asked President Trump on March 19 to use his executive authority to suspend U.S. tariffs still in place on Chinese imports as a measure to counter the economic downturn resulting from the coronavirus (COVID-19) outbreak. "Together, we urge...
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Legislation Giving Trump More Tariff Authority On Shaky Ground
Saturday, February 2, 2019 - 12:38am | 741Read More...A month before U.S. tariffs on $200 billion worth of Chinese goods are scheduled to jump to 25% on March 1, freight interests outside the Beltway are concerned about legislation aimed at giving President Donald Trump even more tariff-wielding power. Introduced in late January by U.S. Representative...
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Alibaba To Report Earnings Tomorrow As Concerns About China's Economy Grow
Thursday, November 1, 2018 - 1:24pm | 1026Read More...China’s largest tech company, Alibaba Group Holding Ltd. (NYSE: BABA), is slated to report fiscal second-quarter earnings before market open on Friday, Nov. 2. This’ll be BABA’s first report since chairman and CEO Jack Ma announced in September that he would be stepping down...
















