Sparking fears of a ballooning trade war, Washington on Tuesday threatened to target an additional $200 billion in imports and China immediately vowed to retaliate
Capital expenditures will likely continue to decline and buybacks will increase even if tensions between the United States and its trading partners cool off
Zero in on US companies with the highest exposure to China and the picture worsens
Washington and Beijing now have about seven weeks to strike a deal or dig in for a trade war that could upend corporate supply chains and raise prices for consumers around the world
Liquidity in Asian high yield is so bad that, after a little haggling, a bond quoted at 94 cents on the dollar can be had for 91 cents
The Chinese Commerce Ministry said Tuesday that it would be forced to retaliate against what it called "totally unacceptable" US tariffs
The goal is to bring the total amount of Chinese imports up to 40 per cent of the total imported from the Asian power since the US products hit by Beijing's retaliation represent that share of exports
The MSCI Emerging Markets Index will likely fall another 10% from current levels by year-end, predicted Mobius
Shanghai markets were hardest hit overnight, with stocks there down almost 2 per cent and the yuan weakening towards last week's 11-month lows, down 0.4 per cent to 6.66 per dollar
China's imports from the US aren't large enough to match Trump's tariffs dollar for dollar, but the country has other levers it could use
Trump's initial tariffs on $34 billion of Made-in-China goods, which took effect on July 6, stayed clear of popular household products
Washington said it was starting the process to slap 10% tariffs on another $200 bn in Chinese export goods as soon as September
iPhone imports look like a big loss to the US, at least to the president, who argues that China has been taking out $500 billion a year out of US country and rebuilding China
The ability of tariff-hit companies to weather the conflict may partly depend on the amount of stock they managed to import before higher levies kicked in
The MSCI Emerging Markets Currency Index has dropped about 6% since the start of April
The new barriers, combined with tougher US sanctions on Iran and Venezuela, are threatening to upend trade routes carrying trillions of dollars of commodities annually
Trump's playbook has become pretty clear, and that is he takes an extreme position and he negotiates back from that position to a resolution, says Bloom
To be sure, most Indian refineries are designed to process heavy, high-sulfur Iranian crude, which has been sanctioned
ZTE was found guilty in 2016 of having sold products with US technology to restricted countries including Iran, violating US export rules
On social media platform Weibo, word went around of a ship speeding toward China to beat the tariffs on its precious cargo: American soybeans