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Wilbur Ross: Americans aren’t ‘going to actually notice’ price increases from Trump’s trade war with China
Commerce Secretary Wilbur Ross said that Americans won't notice price increases from President Donald Trump latest round of tairffs on roughly $200 billion worth of Chinese goods. Many economists disagree.
Volvo's parent company, Chinese car giant Geely, is worried that President Trump's trade war could impact the Swedish firm's valuation and see the share price slip in the immediate aftermath of the flotation.
President Donald Trump is nearing an escalation of the trade war. According to a new report, Trump si set to release a list of $200 billion worth of Chinese goods that could be subject to a new 10% tariff.
The US, Mexico, and Canada appear to be closing in on a new NAFTA deal, but issues regarding the production of automobiles and a five-year "sunset clause" still linger.
Apple CEO Tim Cook will meet with President Donald Trump at the White House on Wednesday. They're expected to talk about how Trump's announced tariffs on steel, aluminum, and imports of Chinese goods are hurting the tech industry.
The Federal Reserve, IMF, and WTO are all warning President Trump to back off from his recent tariffs and trade battles.
BMW and Mercedes' parent company is the biggest exporter of cars from the USA, and would be badly hit by a Chinese import tax on American cars.
Several major European indexes were more than 2% higher in afternoon trading.
Thailand, Taiwan, and Switzerland are among nations that could be damaged by rising protectionism.
Americans who own stocks are much more likely to have a favorable view on what President Donald Trump has done to the economy, according to a survey.