• Dozens of manufacturers are testifying in Washington about how Trump's trade war with China could hurt them. Here's what they're saying

    4 monthes ago - By Business Insider

    Hundreds of company and industry representatives descended on Washington this month to testify about proposed escalations in the yearlong US-China trade war.
    Many manufacturing representatives warned during the first two days of hearings that plans to target another $300 billion worth of imports from China would lead to higher costs for Americans and threaten US jobs.
    Here's what they told the Trump administration, according to US Trade Representative transcripts.
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    Hundreds of company and industry representatives descended on Washington...
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  • $300 oil? US war with Iran spells catastrophe for global economy, expert tells RT

    $300 oil? US war with Iran spells catastrophe for global economy, expert tells RT

    4 monthes ago - By RT

    An armed conflict between the US and Iran would send oil prices soaring and global stocks crashing, which will certainly not play into the hands of Washington, according to political and economic analyst, Shabbir Razvi.
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  • Global stocks sink ahead of Trump-Xi meeting at G-20 summit

    Global stocks sink ahead of Trump-Xi meeting at G-20 summit

    4 monthes ago - By Chron

    BEIJING - Global stock markets fell Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks.
    Benchmarks in London, Frankfurt, Tokyo and Shanghai declined and Wall Street drifted toward a lower open.
    Traders looked ahead to a meeting between Presidents Donald Trump and Xi Jinping at this week's Group of 20 meeting of major economies in Japan. Forecasters expect the leaders to reassure financial markets by agreeing to revive trade talks without committing to a timeline or other details.
    The top U.S. and Chinese negotiators...
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  • Stocks are dropping as Trump fanned fears of an escalating conflict with Iran and an unending trade war with China

    Stocks are dropping as Trump fanned fears of an escalating conflict with Iran and an unending trade war with China

    4 monthes ago - By Chron

    Brendan McDermid/Reuters
    Stocks dropped on Tuesday after Donald Trump slapped sanctions on Iran's supreme leader and a report indicated he "feels comfortable with any outcome" from his meeting with Chinese President Xi Jinping.
    The news fanned fears of an escalating conflict with Iran and an unending trade war with China.
    "Optimism is fading a little and we would expect investors to perhaps take some risk off the table ahead of the meeting," said Neil Wilson, chief market analyst for Markets.com.
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    Traders on Tuesday sent stocks lower after...
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