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Here’s How the US-china trade war Will Impact You. The world’s two biggest economies have fired the opening shots in a trade war that could have wide-ranging consequences for consumers, workers, companies, investors and political leaders. The United States slapped a 25 percent tax on $34 billion worth of Chinese imports starting Friday,
The US-China trade war is forcing China’s manufacturers to sell their products at a discount rate, driving prices into deflationary territory in July, data released on Friday showed. The producer price index (PPI), reflecting the prices that factories charge wholesalers for their products, fell into negative territory at minus 0.3 per cent compared to a year earlier, down from the flat reading in June .
A US-China trade war raises economic uncertainty, threatens to drive prices up Log in or create an account A MarketBeat account allows you to set up a watchlist and receive notifications for stocks you are interested in. Follow up to five stocks for free.
The Dow closed down 767 points, and the Nasdaq Composite – a proxy. A US-china trade war raises economic uncertainty, threatens to drive prices up Log in or create an account A MarketBeat account allows you to set up a watchlist and receive notifications for stocks you are interested in. Follow up to five stocks for free.
However, the US is now close to energy independence and should be less affected. Again it would seem that Asia is most.
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In short, the US-China trade war, the slowing global economy (now about to spill over to the US economy), the US budget deficit, and fed interest rates are all inter-related. Trump policies are creating economic havoc on all these fronts.
Estimated total sales for the month stood at HK$35.2 billion (US$4.5 billion), leaving the first half of the year down. US-China trade war, coupled with recent protests, have hit the retail sector.
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Asian markets rallied earlier on renewed hopes for an end to the US-China trade war. Germany shrunk 0.1% in the second quarter , a sharp swing from first-quarter growth of 0.4%. The contraction reflected weakness in its auto industry, concerns about the UK’s departure from the EU, and the toll of the US-China trade war on its export-focused.