Renewed Chinese auto tariffs would cost U.S. jobs, industry coalition warns
The head of a broad coalition of Japanese, German and South Korean automakers warned on Friday that renewed punitive Chinese tariffs on U.S. autos would hurt U.S. vehicle exports to China and put U.S. jobs at risk......»»
Maersk warns trade war could hurt shipping
The world's biggest container shipping line beat expectations in its latest earnings, but Maersk says the China-U.S. trade war could still hurt. Julian Satterthwaite reports.....»»
U.S. retailers blast new China tariffs, say move will raise prices further, hurt jobs
President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hurt consumer purchases, raise prices further and limit hiring, four large retail trade groups warned on Thursday......»»
Key Words: Trump’s former top economic adviser warns ‘everyone loses’ in this trade war
Gary Cohn explained to the BBC in an interview that aired on Thursday why the trade war with China is a losing battle that continues to hurt the U.S. economy......»»
Economic Report: ADP says 156,000 private-sector jobs added created in July
The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China......»»
FedEx profit beats estimates, warns of pain in 2020 from trade war
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance......»»
China warns U.S. move against Huawei could hurt trade talks
The Trump administration's decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks......»»
Trump Today: Trump Today: President warns China trade spat will worsen as Beijing retaliates
President Donald Trump warned China against retaliating in a trade spat with the U.S., saying the country would suffer if it didn’t make a deal with Washington......»»
Futures Movers: Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns
Crude-oil prices head sharply lower on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt energy demand......»»
The Wall Street Journal: U.S.-China trade spat could dent oil demand, says IEA
Potential tariffs pose a ‘downward risk’ to demand, the International Energy Agency warns in its monthly oil market report, even as it holds to its 2018 demand growth view and notes oil stocks are just 30 million barrels above OPEC’s target......»»
IMF Chief Christine Lagarde Warns Governments Off Protectionism
Her speech Wednesday at the University of Hong Kong follows weeks of tension between the U.S. and China over trade. “History shows us that import restrictions hurt everyone, especially the poorer consumers,†Ms. Lagarde said......»»
IMF chief Lagarde warns trade system is at risk of being ‘torn apart’
Christine Lagarde, the head of the International Monetary Fund, has waded into the simmering trade spat between the U.S. and China to say governments should stay clear of protectionism or put the global economy at risk......»»
London Markets: FTSE 100 ends lower amid Trump’s latest tough talk on trade
U.K. stocks on Friday close lower, but still manage to produce a sharp weekly gain, after President Donald Trump fired off another salvo in the tit-for-tat trade spat with China, and U.S. jobs data fell short of expectations......»»
Stocks skid lower as U.S.-China trade spat resurfaces; jobs report disappoints
U.S. stocks opened lower on Friday, amid signs that trade tensions between the U.S. and China were escalating, with multiple retaliations bet.....»»
TSMC chairman warns of industry risks from U.S., China trade spat, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
China warns Washington"s trade actions will hurt U.S. workers, farmers
BEIJING (Reuters) - China's commerce ministry on Thursday accused the United States of being temperamental over bilateral trade issues, and warned that the interests of U.S. workers and farmers ultimately will be hurt......»»
Washington"s "capricious" trade actions will hurt U.S. workers, China warns
BEIJING (Reuter.....»»
GM Warns Trump Administration That Tariffs May Lead to Lost Jobs and Lower Wages
An escalated trade war could also hurt GM's ability to roll out innovations in its cars. Add General Motors to the list of American companies that are.....»»
Dow opens slightly lower as Wall Street weighs trade spat and better-than-expected jobs report
U.S. stock-index benchmarks tipped lower at the open on Friday as Wall Street digested a read on the labor market for June, which came in stronger than expected, and the official imposition of tariffs between the U.S. and China, signaling d.....»»
Global stocks edge up on earnings, but trade worries limit gains, dollar
Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the U.S. and China and tepid U.S. jobs numbers capped gains and weighed down the dollar......»»