The president's protectionist agenda threatens U.S. businesses and consumers.
US equities are tanking at the open, led by Dow Transports (autos) following a confirmation from White House economic advisor Larry Kudlow that if a deal is not reached with China within 90 days, then the trade-war will re-escalate.
Throughout his career, Greenspan has mostly been a contrarian indicator. But he has been consistently right about trade.
Just a few weeks after Caterpillar reported disappointing results, which sent its stock sliding amid growing fears about the company's exposure to China and other emerging markets, moments ago CAT reported October retail sales data which confirmed th
WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries' differences but warning that he still may impose more t
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The tariff cuts involve machinery, textile, building material, paper products and electromechanical device and would lower costs for consumers and companies as a trade war with the U.S. deepens.
After Trump reached out to China offering trade talks, he then gave the go-ahead for more tariffs. China may back out.