Trump raises tariffs on Chinese goods as trade war escalates
Saturday, 24 August 2019 President Donald Trump angrily escalated his trade fight with China on Friday, raising retaliatory tariffs and ordering American companies to consider alternatives to doing business there.
U.S. stock index futures dropped when electronic trading resumed on Sunday. Reuters reports trade relations between the US and China hit a new low on Friday, sending Wall Street into a selling frenzy. WH spokeswoman Stephanie Grisham said Sunday President Donald Trump wished he had raised tariffs on...
The Federal Reserve doesn't currently look gung-ho about a third interest rate cut for 2019, but the argument for that cut is strong. Before we get into the reasons the Fed may want to cut, let's take..