Money

Stocks fall as Trump escalates trade war with China

4 monthes ago   |   By Business Insider

Reuters/Carlos Barria
Global stocks slumped Wednesday after the US and China threatened to impose hundreds of billions of dollars worth of tariffs on each other, escalating a trade war between the two largest economies. The dollar and Treasury yields rose.
Here is the scoreboard: See the rest of the story at Business Insider NOW WATCH: 5 science facts that 'Jurassic World: Fallen Kingdom' totally ignored See Also: GOLDMAN SACHS: Big-money investors are dominating the market with the help of 10 stocks - here's the list and how they can continue crushing it 'Something has to give': 3 trends...
Read more ...

 

Trump wants to hit another $200 billion worth of Chinese imports with tariffs - here's what could get slammed

Trump wants to hit another $200 billion worth of Chinese imports with tariffs - here's what could get slammed

4 monthes ago   |   By Business Insider

President Donald Trump released a list of $200 billion worth of Chinese goods that may be subject to tariffs.
The list represents a major escalation of the Trump-China trade war.
The list is massive, covering everything from tuna to wooden doors to industrial chemicals.
Check out the highlights below.
President Donald Trump escalated the trade war with China on Tuesday with the release more than $200 billion worth of Chinese exports to the US that could be subject to new tariffs.
As opposed to previous tariffs, which focused mostly on industrial goods, the roughly 200-page list runs the...
Read more ...

 

China just slammed massive tariffs on $34 billion worth of US goods - here's what will get hit

China just slammed massive tariffs on $34 billion worth of US goods - here's what will get hit

4 monthes ago   |   By Business Insider

President Donald Trump and China are engaged in a nasty trade war, with both sides hitting the other with large tariffs on a variety of goods.
In response to Trump's tariffs on Friday, China released a tariff list that will apply to $34 billion worth of US exports to China.
The list of goods affected by the tariffs includes soybeans, pork, fish, orange juice, and whiskey.
Here's a rundown of the major goods that will be subject to the new tariffs.
After months of threats and negotiations, the trade war between the US and China officially launched on Friday with both countries imposing...
Read more ...

 

Trump's trade war is pointless. China only makes $8.46 per iPhone

Trump's trade war is pointless. China only makes $8.46 per iPhone

4 monthes ago   |   By Business Insider

Smartphones are the largest single product category in China's exports to the US.
Reuters reported an estimated $15.7 billion from iPhone 7 and 7 Plus imports contributed to last year's trade deficit with China.
But further research reveals this number doesn't reflect the reality of the value China actually receives from its iPhone exports.
An iPhone's factory cost is about $240, but China only earns $8.46, or 3.6% of the total.
While China gets a lot of low-paid jobs, the profits actually flow to other countries.
The Trump administration's tariffs on China have so far targeted mostly...
Read more ...

 


Search by Tags

   Money      Business      Fall      China      Italy      Closing Bell      Stocks      Bonds      Commodities      Currencies      Food      Donald Trump      Trump Tariff      China Tariff      Tariff      US-China Trade War      Trade War      Features      Single      The Conversation      IPhone      China Trade      China trade deficit      Manufacturing      Politics op-ed  


Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

Facebook hits back at The New York Times, pointing out the 'inaccuracies' in...

Facebook hits back at The New York Times, pointing out the 'inaccuracies' in its blockbuster report on leadership missteps

Reuters / Stephen Lam An explosive New York Times report delved into how Facebook's leadership dealt with scandals over the past few years. Facebook published a blog post... Read more ...

Live: Theresa May faces leadership challenge as multiple ministers quit over...

Live: Theresa May faces leadership challenge as multiple ministers quit over her Brexit deal

Getty This is Business Insider's politics live-blog charting the latest developments as May's Brexit deal continues to unravel. Refresh the page for updates. LONDON - Theresa... Read more ...

Don't Wait For Black Friday: These Refurb Philips Hue Deals Are Incredible

Don't Wait For Black Friday: These Refurb Philips Hue Deals Are Incredible

We're expecting to see quite a few Philips Hue deals on Black Friday, but the prices won't get anywhere close to what you'll find in today's Gold Box. Read more ...

Air New Zealand Adds More Flights Auckland-Gold Coast

Air New Zealand Adds More Flights Auckland-Gold Coast

From February 2019, the airline will add a new Monday return service between Auckland and the Gold Coast on the A321neo and move existing Tuesday, Friday, Saturday and Sunday... Read more ...

Hawaiian Airlines appoints Andrew Stanbury as Regional Director...

Hawaiian Airlines appoints Andrew Stanbury as Regional Director - Australia/New Zealand

Hawaiian Airlines today announced the appointment of Andrew Stanbury to the role of regional director for Australia and New Zealand, effective Jan. 2. Stanbury will be... Read more ...

Emirates Flight Training Academy participates for the first time in Bahrain...

Emirates Flight Training Academy participates for the first time in Bahrain International Airshow

Emirates Flight Training Academy is participating in Bahrain International Airshow 2018 which kicked off today. This marks the first participation for the Academy at an air... Read more ...

A Bird's-Eye View Of Moscow: Radisson Blu Olympiyskiy Hotel Opens Its Doors

A Bird's-Eye View Of Moscow: Radisson Blu Olympiyskiy Hotel Opens Its Doors

Radisson Blu, the upper upscale hotel brand that delivers a positive and personalized service in stylish spaces, is delighted to announce the partial opening of the newly built... Read more ...

Officials confirmed that 239 thousand foreign tourists visited Samarkand in 2018

Officials confirmed that 239 thousand foreign tourists visited Samarkand in 2018

A study of the geography of international tourists showed that 9.4 thousand visitors from South Korea visited the city; 8.3 thousand poured from Japan, 6.3 thousand from... Read more ...

Ecotourism in Iran is bringing widespread currency

Ecotourism in Iran is bringing widespread currency

Ecotourism is a new segment in tourism which is attracting widespread currency in Iran. People are staying in the intact and remote villages, instead of ritzy hotels, in order... Read more ...

Princess Cruises recognized by SHAPE as a winner in its fourth annual...

Princess Cruises recognized by SHAPE as a winner in its fourth annual Healthy Travel Awards

Princess Cruises has been recognized by SHAPE magazine as a winner in its fourth annual Healthy Travel Awards, recognizing the cruise line's state-of-the-art Lotus Spa and... Read more ...