China announced it will place $75 billion dollars in new tariffs and resume 25% tariffs on US automobiles beginning September 1, 2019. The new tariffs will take place in two increments with the second round slated to go into effect on December 1, 2019.
In response to the new round of tariffs, the DOW is expected to open lower and could close today in the negative wiping out any gains made earlier this week.
While supermarkets selling chilled or frozen meats are increasingly popular in Asia, older shoppers generally prefer buying freshly slaughtered meat for daily consumption, believing it produces flavour in dishes and soup that is superior to MORE
Realizing fears of a recession and the state of the global economy, the Office of the U.S. Trade Representative (USTR) announced it will delay some Chinese products subject to tariffs until mid-December. Most of the MORE
Grab your gavel. The case is closed. Or so said Donald Trump in a tweet last night, ahead of today’s G7 summit in France, explaining what gives him power to order US companies to “start looking for an alternative to China,” as he did yesterday in an earlier tweet. MORE