May 31, 2019 In a light week for U.S. economic news, traders once again focused on the latest trade developments. The U.S. and China continued their trade spat with China firing the latest salvo by threatening to cut off rare earth material shipments to the U.S. which are critical to smartphones, electric vehicles, and wind…
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May 17, 2019 Trade continued to dominate headlines this week as China struck back with retaliatory tariffs on $60 billion of U.S. goods, effective on June 1st. This will impact more than 5,000 products and will increase the tariff level from a range of 5-10% to a range of 20-25%. China’s announcement comes on the…
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May 10, 2019 China dealt a blow to markets as it sought to renegotiate a draft trade agreement that the U.S. and investors had come to believe was a “done deal”. The proposed trade agreement began unravelling last Friday night when diplomatic cables arrived in Washington from Beijing, making significant edits to previously agreed upon…
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