Thursday, 14 November, 2019

Trump and China tariffs on Imports

Worries over the escalating trade war between the United States and China sent markets down this week with US stocks suffering their biggest weekly loss since December 2018 Trump escalates trade war with China
Russell Knight | 05 August, 2019, 04:39

"China has to do a lot of things to turn it around". But you'll be seeing. "It (tariff increase) goes on September 1", Trump said on Friday, a day after he announced to impose 10 per cent tariff on Chinese products worth almost $300 billion. It has already imposed tariffs on $110 billion in American goods, nearly all of the products it imports from the US.

In fact, Friday saw U.S. and LME copper prices post their steepest weekly fall in a year in the wake of Trump's latest trade war tweets.

Oil had its biggest sell-off in four years on Thursday after US President Donald Trump brought an abrupt end to a truce forged with Chinese counterpart Xi Jinping in June.

He also said - without presenting evidence - that countries are asking to negotiate "REAL trade deals", saying on Twitter, "They don't want to be targeted for Tariffs by the United States".

4th Ebola case found in Congo, raising fears of rapidly spreading scourge
Rwanda has reopened its border with the Democratic Republic of the Congo after reportedly closing it yesterday over Ebola fears. On July 17, the World Health Organization (WHO ) declared Ebola in the DRC as a public health emergency of worldwide concern.

Fury to fight Wallin in September
For what it's worth, since Fury has returned from his almost three year hiatus, he has fought four times since June of 2018. However, it seems that current WBC heavyweight champion Wilder isn't impressed with the calibre of Fury's opponents.

Al-Qaeda heir Hamza bin Laden killed: US media
But branches and associated jihadist groups in Afghanistan, Yemen, Syria and elsewhere have underscored its continuing potency. Reports from the New York Times and NBC News suggest that Hamza bin Laden may have been dead by that time .

"What's happening is what I call inefficient reallocation", said David Dollar, an economist at the Brookings Institution who focuses on China. Officials said they would resume next month in Washington. -China trade deal will sap demand outweighed geopolitical tensions in the Middle East. Traders in wider financial markets are waiting for speeches from Federal Reserve policy makers this week after Chairman Jerome Powell said last month's rate cut didn't signal the start of a lengthy easing cycle. "It's a lot of money", he said. "They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and pumping in massive amounts of cash to keep their system going", Trump wrote on Twitter.

Trump further said China was devaluing their currency and they're also pouring money in.

The tariff dispute, along with cooling global economic growth, has contributed to a stagnation in total USA exports to the world and a continued widening of the trade deficit.

Recommended

United States will not ask ASEAN allies to take sides: Mike Pompeo United States  will not ask ASEAN allies to take sides: Mike Pompeo Manila has occupied Pag-asa, located about 300 miles (483 km) west of Palawan province, since the 1970s. Pompeo will meet Chinese Foreign Minister Wang Yi on Thursday as talks on ending a bitter U.S.

Raiders’ Jon Gruden on Antonio Brown: ‘I think we’re all disappointed’ Raiders’ Jon Gruden on Antonio Brown: ‘I think we’re all disappointed’ Since being activated, he's taken part in a pre-practice walk through this past Sunday and the early stages of practice Tuesday. The Raiders don't consider his absence a huge deal, but they are disappointed in how long this is taking to work out.

Boris Johnson's party suffers defeat in United Kingdom special election Boris Johnson's party suffers defeat in United Kingdom  special election At the by-election, the Conservatives came second with 12,401 votes and Nigel Farage's Brexit Party came third with 3,331 votes. The centrist Liberal Democrats have seen their support surge because of their call for the U.K.to remain in the bloc.

'Shoe-gate' continues for Tsitsipas in Washington 'Shoe-gate' continues for Tsitsipas in Washington A ballboy delivered a shoebox with the faulty footwear to Tsitsipas's father/coach, Apostolos Tsitsipas, in the stands. He finally won after two hours seven minutes on an overhead smash.

Canada deploys divers in search for fugitive teen murder suspects Canada deploys divers in search for fugitive teen murder suspects Sightings have been posted to social media before being shared with the RCMP, that has caused delays in the investigation. Searchers on a helicopter spotted the boat on the shore of the Nelson River on Friday afternoon, RCMP said on Sunday.

Three killed as cliff collapses onto popular California beach Three killed as cliff collapses onto popular California beach People lounging on beach chairs or blankets are sometimes surprised as waves roll past them and within a few metres of the walls. Search and rescue personnel work at the site of a cliff collapse at a popular beach in Encinitas, California, on August 2, 2019.

Major blackout hits Greater Jakarta, West Java on Sunday Major blackout hits Greater Jakarta, West Java on Sunday Previously, power outage occurred in a number of areas in Jakarta simultaneously at around 12:00 WIB (West Indonesian Time). Jakarta has a population of 10 million and more than three times as many people live in surrounding provinces.

Oscar Mayer releasing hot dog-infused ice cream sandwich Oscar Mayer releasing hot dog-infused ice cream sandwich Say hello to the Oscar Mayer Ice Dog Sandwich - flavored ice cream, made with our better hot dogs, sandwiched with spicy mustard. But if you wondering, would I try it? If mustard-flavored ice cream is more of your thing, be prepared to travel.

Multiple fatalities, as boats capsize in turbulent Iloilo-Guimaras strait Multiple fatalities, as boats capsize in turbulent Iloilo-Guimaras strait "That probably hit them and that may be the initial reason for the sailing problems of the three boats ", Balilo told reporters. According to the Philippine Coast Guard-Iloilo (PCG), first two incidents happened around 12:30 p.m.

LeBron James Warns His Critics: Ether Coming Soon LeBron James Warns His Critics: Ether Coming Soon Despite winning a title for the Cavaliers in 2016, Griffin said there was no future of the team with James in there. Griffin's comments were hurtful and James himself responded on Twitter to those allegations.

Carmelo Anthony on Rockets Release: 'I Didn't Like How That Went Down' Carmelo Anthony on Rockets Release: 'I Didn't Like How That Went Down' Anthony would eventually get shipped to the Bulls before being subsequently let go without appearing in a single game for Chicago. What can I do to fix this?' But then he had in mind that he wanted to come talk to me, too, about releasing me and letting me go.

Walloped by Heat Wave, Greenland Sees Massive Ice Melt Walloped by Heat Wave, Greenland Sees Massive Ice Melt The melting usually starts around the end of May, but this year's began at the start of the month instead. Moreover, we might notice one of the biggest ice melt since 1950.

Newcastle sign winger Saint-Maximin, Everton land Mainz midfielder Gbamin Newcastle sign winger Saint-Maximin, Everton land Mainz midfielder Gbamin Newcastle have boosted their squad with the double signing of Allan Saint-Maximin and Jetro Willems. On the signing of Saint-Maximin, Bruce added: "I'm delighted to bring Allan to St.

Liverpool vs. Manchester City score Liverpool vs. Manchester City score Pep Guardiola paced throughout the match in frustration, furiously pointing out spaces his side weren't exploiting to his liking. And it's probably that factor which contributed to what Klopp says were two managers in a good mood, sharing a few jokes.

West Nile Virus detected in mosquitos in Worcester; spraying date set West Nile Virus detected in mosquitos in Worcester; spraying date set She previously worked at papers including the Dallas Morning News, Detroit News and Austin American-Statesman. West Nile comes with a few, distinct symptoms that include fever, weakness, muscle pain, and headaches.