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(17 January 2020, The Age, p5, By Eryk Bagshaw and Matthew Knott) ‘Australian markets smashed through record highs after the United States and China signed the first phase of a trade deal that could put an end to more than two years of tension and hit local exporters.’ <snipped…> ‘The agreement could see the US … Continue reading
(13 December 2019, AFR, p14, Michael Smith, China Correspondent) ‘Shanghai | Hopes are fading that the United States and China will agree on a “phase one” trade deal before Christmas, but US president Donald Trump is expected to hold fire on the latest wave of tariffs, which were due to be implemented on Sunday. Business … Continue reading
(3 September 2019, AFR, p13, Christopher Rugaber) ‘Washington | The United States and China on Sunday put in place their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said US-China trade talks were … Continue reading
(2 September 2019, The Age, Business, p21, By Christopher Rugaber) ‘Washington: The Trump administration’s latest round of tariffs on Chinese imports took effect on Sunday, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer goods in advance of the holiday shopping season. The 15 per cent taxes apply to about … Continue reading
(26 August 2019, AFR, p12, Jacob Greber, United States Correspondent) ‘Jackson Hole, Wyoming | Donald Trump announced another dramatic hike in tariffs on imports from China, hours after he took the extraordinary step of “ordering” US companies out of the world’s second-largest economy. The escalation came during a day of blistering presidential tweets after Beijing … Continue reading
(13 August 2019, AFR, p29, Rana Foroohar, Columnist) ‘Central bankers can’t create real growth; they can only move money around. At some point, the markets and the real economy must converge. It’s the calm before the storm. Last week’s market volatility was ostensibly triggered by the US-China trade conflict turning into a full-blown currency war. … Continue reading
(6 Aug 2019, The Age, Business, p22, Stephen Bartholomeusz) ‘Overshadowed by Donald Trump’s escalation of his trade conflict with China last week was the release of US trade data that shows, again, that his trade wars aren’t working. For the first six months of this year the US goods trade deficit with the rest of … Continue reading
(3 August 2019, AFR, p1, Vesna Poljak and Luke Housego) ‘Donald Trump’s escalation of the US-China trade war rocked global shares and sent market interest rates tumbling, triggering fears world markets are headed for a repeat of their 2018 nightmare when Wall Street experienced its worst December since the Great Depression. Investors were gripped by … Continue reading
(20 June 2019, AFR, p11, Jacob Greber, United States Correspondent) ‘Washington | Donald Trump has revived hopes for a US-China trade deal, sending stocks soaring, after he and China’s president Xi Jinping agreed to hold “extended” talks in Japan at the end of the month. Mr Trump announced the meeting after “a very good telephone … Continue reading
(18 June 2019, The Age, Business, p21) ‘Mumbai: India has announced it would raise tariffs on 28 categories of imports from the United States, the latest escalation in what has been a slow-motion trade fight between the two countries. The increased tariffs, on $1.4 billion of goods, went into effect Sunday morning in India and … Continue reading
(12 June 2019, The Age, Business, 29, By William McInnes) ‘Australian shares rose to an 11-year high on Tuesday after the United States scrapped its threat to impose tariffs on Mexican imports, which lifted global investor optimism. The S&P/ASX 200 Index rose 102.4 points, or 1.6 per cent, to 6546.3, beating the previous high of … Continue reading
(5 June 2019, AFR, p36, Jacob Greber, United States Correspondent) ‘Washington | Signs of a global central bank pivot back to easier monetary policy – silencing last year’s talk of “normalisation” – is intensifying as Donald Trump’s increasingly erratic trade war casts a shadow over the world’s biggest economies. Policymakers from the US Federal Reserve, … Continue reading
(4 June 2019, The Age, Business, p23, Stephen Bartholomeusz, Senior business columnist) ‘Global supply chains are extremely complex and sophisticated ecosystems, so it isn’t surprising that Donald Trump’s love of tariffs is having some quite complex effects. Until last week, with the trade war confined largely to China, there was an obvious response for those … Continue reading
(4 June 2019, AFR, p27, Anirban Nag and Subhadip Sircar) ‘Indian investors already facing a much-anticipated central bank decision this week will now have to juggle the implications of an economic soft patch and Donald Trump making good on his trade threat against the nation. Growth cooled to 5.8 per cent in the first three … Continue reading
(3 June 2019, AFR, p10, Jacob Greber United States Correspondent) ‘Washington | As with the British Empire before it began its inexorable decline, the sun no longer sets on Donald Trump’s tariff wars. In a sharp escalation late last week the President stunned pretty much everyone by announcing a rising schedule of tariffs on Mexico … Continue reading
(1 June 2019, AFR, online, Jeremy Herron and Vildana Hajric) ‘New York | US stocks extended a weekly loss to the worst since Christmas, while Treasuries rallied a fourth day as the Trump administration’s trade spats intensified. Oil tumbled. The S&P 500 also capped its worst month of the year, bringing its May decline past … Continue reading
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