tariffs

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. stocks rose on Tuesday after Chinses Chairman Xi Jinping eased concerns about the trade war which has caused panic in the market recently. Reportedly, The Dow Jones Industrial Average rose 369 points, or 1.5%, to 24348. The S&P 500 climbed ..

US Stock Markets and Earnings Influence

US Stock Markets and Earnings Influence

Come April second week, the stock markets will be influenced by corporate revenues, management, and profits. This will make a break from the long-time influencers like big technology and trade tensions. The first off the block will be JP Morgan Chas..

Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Stocks Take Wild Swings

Stocks Take Wild Swings

The stock market nowadays is like a wild thriller movie. Markets are now so much volatile that it is hard to predict what will happen in the next hour. The swings occur as investors grapple with an uncomfortable blend of hard news, speculation, and ..