Tag Archives: us china

China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.On Thursday, China said it will cut down tariffs on more than a few U.S. goods. Chinese authorities announced it will reduce tariffs placed on these goods worth $75 billion by 50%.China Cuts Tariffs as Trade Tensions ImproveChina had initially announced tariffs on these goods on Sept. 1. 2019. The tariffs were in retaliation to...

The general consensus this year, even by people who aren’t exactly deep into financial metrics, is that 2019 has been mostly good. On average, global stock markets have performed impressively and still push on. For specifics, Deutsche Bank’s Chief Economist Torsten Slok has highlighted the global stock markets’ 2019 pump to be over $17 trillion.For several reasons including more attention by government and financial authorities, the progress has been quite noticeable. According to Slok,...

2019 has been a very interesting year for the stock market. While it has had its ups and downs as should be normally expected, it’s performed quite impressively regardless of certain issues. One of the most popular issues that have affected the stock market and the economy at large is the trade war between the U.S. and China that has been going on for a while now. Both countries have repeatedly slammed each other with tariffs that have had significant effects on both economies. However, both...

U.S. markets seem to have responded positively to the recent first phase of the trade deal that has partially solved the current impasse between the United States and the People’s Republic of China. Sources indicate that yesterday’s gains were the fourth straight day that the United States markets were in the green. According to reports, the S&P 500 gained 0.7% to end the day at 3,191.45 while the Nasdaq Composite jumped 0.9% to 8,814.23 while the Dow Jones Industrial Average (DJIA) went...

United States trade representative Robert Lighthizer said on Sunday that the “phase one” of the U.S.-China trade deal is “totally done”. Among several conditions, one of them is regarding China buying more of U.S. agricultural products. As per Lighthizer’s words, the U.S. exports to China will be doubled from now on. He added that the exact date and location for signing the agreement are to be determined.The thing is, the tensions among the two countries were rapidly growing during the last...

Over the last few months, the rising tensions due to the escalating U.S.-China trade war has left global investors in worry. Several analysts have also raised fears of possible recession by the next year.However, some of the indicators still suggest that the U.S. stock market is all poised for a massive rally before the end of 2019. In its latest article, CCN mentions some of the strong indicators that can support the market rally ahead. Some of the powerful indicators include “positive...