POLITICO · 4hChina What Trump Doesn’t Get About the Chinese EconomyPOLITICO - By ZACHARY KARABELLThe president likes to say that his tariffs are hurting China and no one else. But if China is feeling the pain, so will the United States. As President Donald Trump escalates his trade war with China,
AOL · 23hJ.P. Morgan What tariffs could cost American householdsAOL - Richard DefendorfTariffs are expected to cost American households up to $1,000 per year when the next round goes into effect on September 1, according to a new note by J.P. Morgan. According to the bank’s analysts, the
Salon · 5hRecession Trump administration proposes daring cure for recession: More tax cuts for the richSalon - Igor DeryshThe Trump administration has floated a new round of tax cuts for the rich and slashing the payroll tax used to fund Social Security and Medicare to ease worries of a recession, which the White House insists
PBS NewsHouradded this to Business and Economics · 2hBeijing Beijing appeals to U.S. to ‘meet China halfway’ on tradepbs.org - Associated Press BEIJING (AP) — Beijing appealed to Washington on Wednesday to “meet China halfway” and end a tariff war after President Donald Trump said Americans …
jjhaadded this to Sartorial Grimoire · 4hRecession Want to Prevent a Recession, Mr. Trump? Stop Hurting the EconomyThe New York TimesHere’s some free advice for President Trump and his economic advisers, who are frantically searching for measures to ward off a recession: Look in the mirror. The White House has reason to worry about
Carmen chicaadded this to News, Foreign Policy, Brexit, Politics & Crime - UK/ Worldwide · 13hJim Cramer Cramer: Trump should heed Home Depot's warnings about the consumer and make a trade dealCNBC - Tyler Clifford Home Depot revealed in its quarter report how the ongoing trade war could hurt consumer confidence in America, CNBC's Jim Cramer said Tuesday. The …
Forbesadded this to Technology · 13hStainless Steel China Attacks China; A Tale Of Collateral Damage In The Trade WarForbes - Tim TreadgoldTrade war tariffs are designed to protect local industry from international rivals, but in the case of a Chinese steel industry leader, it is under a tariff attack from its own government. Tsingshan, specializes
TIMEadded this to Top Stories · 13hRecession Trump Acknowledges That His China Policies May Mean Economic Pain for the U.S.TIME - Kevin Freking and Josh Boak / AP(WASHINGTON) — President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He
Voxadded this to Policy & Politics · NowRecession How bad would a recession be for Trump in 2020? 8 experts weigh in.Vox - Li ZhouThe state of the economy is, historically, one of the main things voters consider when deciding whether to grant a president a second term. So if the US were to enter a recession — as some have speculated
KKelvin Leeadded this to NEWS & POLITICS - U.S.A. & DONALD TRUMP · 9hChina 'You prepare for war': how one U.S. firm tried escaping Trump's China tariffsinvesting.com - By Anne Marie Roantree HONG KONG (Reuters) - When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop …
The Atlanticadded this to All Stories · 22hRecession Trump’s Economic AnxietyThe Atlantic - David A. GrahamThe president can scarcely afford to continue the trade war, but he can scarcely afford to end it either. As the political world struggled to understand the 2016 election, one common (and commonly derided)
Bloombergadded this to Bloomberg · 3hOpinion Target’s Turnaround Approaches Mission AccomplishedBloomberg - Sarah Halzack Whatever U.S.-China trade war fallout may be looming for the retail industry, Target Corp. is doing all it can to ensure that its turnaround – now …
The Washington Timesadded this to News From The Washington Times · 1hC-Bo Trump's tariffs are weakening the economy: CBOThe Washington Times - Stephen Dinan President Trump’s fondness for tariffs will take a small but very real bite out of the U.S. economy, the government’s chief scorekeeper said …
Forbesadded this to Technology · 3hManufacturing A Manufacturing Exodus Due To Tariffs Puts Companies That Rely On U.S. Sales At A DisadvantageForbes - Anna-Katrina ShedletskyWhen tariff hikes began in the spring of 2018, companies associated with manufacturing immediately went on alert. Over the last year and a half, continued escalations have increased pressure on U.S. and
Reutersadded this to Business · NowBusiness Trade woes to shave 0.3% from U.S. GDP by 2020: congressional budget expertsReuters - By David MorganWASHINGTON (Reuters) - Higher trade barriers, including President Donald Trump's tariffs, are taking a toll on the U.S. economy as rising domestic prices reduce consumers' purchasing power and increase
Audioburstadded this to Audioburst Business News · 13hHome Depot Listen: Home Depot stock rises on better-than-expected profits even as the company lowers outlook on tariff worriesAudioburst - MarketFoolery "Second quarter profits for home depot were higher than expected but they lowered sales guidance for the full fiscal year shares of home depot are up …
The Motley Fool · NowInvesting La-Z-Boy Incorporated (LZB) Q1 2020 Earnings Call TranscriptThe Motley Fool - Motley Fool Transcribers LZB earnings call for the period ending July 27, 2019. La-Z-Boy Incorporated (NYSE:LZB) Q1 2020 Earnings Call Aug 21, 2019, 8:30 a.m. ET Good day, ladies …
CNBCadded this to CNBC Earnings · 3hWalmart Former Walmart CEO: Tariffs will not affect retailers as badly as many thinkCNBC Bill Simon, former CEO of Walmart, joins "Squawk Box" to discuss the latest retail earnings results and whether they are matching up with the …
Chicago Tribuneadded this to Business · 2hU.S. Steel Michigan steel plant warns it will lay off nearly 200 workersChicago Tribune - By By Randy EssexDETROIT The U.S. Steel operation in Ecorse, Mich., will temporarily lay off nearly 200 workers because of "market conditions and recent reductions in customer demand," the company said in a filing with
Daily Mailadded this to Top Stories · 2hIvanka Trump Trump unloads on the Fed and 'fake news' over recession warningsdailymail.co.uk - By Francesca Chambers, Senior White House Correspondent For Dailymail.com President Trump unloaded Wednesday morning on the Federal Reserve and the 'fake news' amid a new recession warning, this time from his acting chief …
T. Billingsleyadded this to WattchIT Electricity Magazine · 13hMoney (UK) Energy firms hit those who refuse to have smart meters with higher billsthisismoney.co.uk - By Fiona Parker Money Mail Reporter The penalty for refusing a smart meter is now costing households as much as £255 a year. Money Mail readers have surged forward to cry foul after we …
POLITICOadded this to Politics · 7hU.S. Politics Trump thinks tariffs will add U.S. manufacturing jobs. Economic reality says they won’t.POLITICO - By ADAM BEHSUDI and FINBARR BERMINGHAM | SOUTH CHINA MORNING POSTEven companies interested in bringing jobs to the U.S. say duties on imported parts are hurting those efforts. When then-Gov. Nikki Haley of South Carolina went to a ribbon-cutting ceremony for Kent International
MarketWatchadded this to Politics & Economy · 2hU.S. Economy Opinion: No, the fundamentals of the U.S. economy are not ‘great’MarketWatch - By Rex Nutting Donald Trump doth protest too much. The louder he insists that everything is fine in the economy, the more we’re convinced that maybe it isn’t. The …
CBS News · 18hU.S. Steel U.S. Steel Michigan layoffs: Why U.S. Steel, a showcase for Trump's tariffs, is laying off workers in MichiganCBS News - Rachel Layne • U.S. Steel said it is laying off about 200 workers at a Michigan factory, citing a "multitude of factors" including demand, import volume and lower …
CNBCadded this to Top News · 2hForex IMF warns that currency devaluations will not fix a country's economic problemsCNBC - Elliot Smith Senior economists at the International Monetary Fund (IMF) have warned countries against relying too heavily on monetary policy easing, and argued …
Independent Mediaadded this to Cape Argus · 5hCape Town City of Cape Town's tariffs were approved by Nersa and the council | Cape Argusiol.co.za - Dan Plato City electricity tariff misinformation corrected reports about the National Energy Regulator of SA (Nersa) looking into the tariff structures of …
Finance Obama was better for your 401(k) than Trump has beenyahoo.com - Rick Newman President Trump knows a lot of voters don’t like him. But there’s another reason to vote for him: To protect your savings. “If for some reason I …
Rolling Stoneadded this to All News · 18hJPMorgan Chase Trump’s Tariffs Will Cost You As Much as a New iPhone, Says JPMorganRolling Stone - Tim Dickinson When he escalated trade hostilities with China in 2018, president Trump famously declared “trade wars are good and easy to win.” American consumers …
Associated Pressadded this to Business and Finance · NowU.S. Department of Commerce US moves toward agreement on Mexican tomatoesAssociated PressWASHINGTON (AP) — The U.S. Department of Commerce says it's reached a tentative deal with Mexican tomato producers to prevent unfairly cheap produce from reaching American consumers, heading off a potential
Capital Gains Trump ponders another tax cut for richdispatch.com - By Alan Rappeport The New York Times WASHINGTON — President Donald Trump said Tuesday that he is considering giving investors a big tax cut that would primarily benefit the rich, and …
