Below is an extract of a post published on Guardian titled "Trade war: Market sell-off continues as China accuses US of 'intimidation and coercion' - business live"
Scroll down to the bottom of this article and tap the read article button to visit the Guardian post directly and give your opinion.
Make america great again.- Donald Trump.
What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.- Dwight D. Eisenhower.
The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.- Theodore Roosevelt.
Discipline is the soul of an army. It makes small numbers formidable; procures success to the weak and esteem to all.- George Washington.
America 1st Girl is a Blog by Conservative Artist Cara Sky.
Essentially i Blog on all things Donald Trump and on occasion post my own Art.
I curate Donald Trump articles and notable Tweets on your behalf from all over the web into one easy site for you to browse without trolling through hundreds of different sites or posts.
America 1st Girl is not affiliated with the journalist or Twitter user who published the original article or Tweet, nor is she responsible for any affiliations the journalist or Tweeter user in question may hold.
Everything here on America 1st Girl is Donald Trump related from Media to Podcasts, Forums, Blogs and Fan groups.
Via: Guardian
Rolling coverage of the latest economic and financial news, as City investors fear the US-China trade war is intensifying 7.51am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. “The China-US economic and trade consultations have been severely frustrated by the US tariff increases and [the US’s] abuse of export controls by including Chinese companies on the entities list.” Resorting to intimidation and coercion, it persisted with exorbitant demands … and insisted on including mandatory requirements [that infringe on] China’s sovereign affairs in the deal.” The paper contends that the trade actions have done serious harm to the U.S. economy by increasing production costs, causing prices hikes, damaging growth and people’s livelihoods and creating barriers to U.S. exports to China. In short, Trump’s tariffs aren’t helping, China concluded. “It is foreseeable that the latest U.S. tariff hikes on China, far from resolving issues, will only make things worse for all sides,” according to the white paper. European Opening Calls:#FTSE 7131 -0.43%#DAX 11646 -0.69%#CAC 5168 -0.76%#MIB 19625 -0.89%#IBEX 8946 -0.65% Global mkts have started the week on negative footing & oil extends slide as trade wars stoke global recession anxiety. Crude oil tumbled 16% in May. Shanghai copper at 2y low. Treasuries flat w/US 10y yield at 2.13%. Mkts price in 50% chance of Fed cut by Jul. Bitcoin at $8.6k. pic.twitter.com/C9ARFJriTS One of the additional worries would be that if the US has been so quick to escalate the trade war on these two countries [Mexico and China] the bar must be a bit lower to carry out a trade assault on Europe at some point in the future. Interesting times. Continue reading…
