The weakness in manufacturing has raised concern over the U.S.-China trade war’s impact on the economy. The conflict started last year. Since then, China and the U.S. have slapped tariffs on billions of dollars worth of their products. Delegations from Washington and Beijing are due to meet next week in the hope of finding a consensus.
In other trade news, the White House announced it will impose 10 percent tariffs on European-made Airbus planes and 25 percent duties on French wine, Scotch and Irish whiskies, along with cheese from across the continent. The move comes after the World Trade Organization on Wednesday ruled in favor of the tariffs after years of wrangling over European government subsidies for aircraft maker Airbus. The EU has suggested it will retaliate against U.S. tariffs.
Trump is slowly but surely destroying our economy and the American way of life. His chronic name calling is disgusting. He needs to go to Church and not the hate filled Televangelist on TV.
What goes down, must go up.
Because once again Democrats killing opportunity.
Gee, it’s almost like you can’t trust a guy who couldn’t even successfully run casinos in Atlantic City and a senate full of folks who like to give tax cuts for the rich and start recessions to run the economy....
maga winnng
The Banana Republic Democrat Party is on pace to get their asses handed to them in 2020.
there will be collateral damage when you impeach a POTUS
wow, who expected this? Oh thats right, everyone EXCEPT Trump
trump took a robust healthy economy given to him by Obama and wrecked it
Propaganda. Get out of your bubble.
Trump's tariffs on the EU will make this far worse.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »