Asian shares turn south after Trump vows tariff hike
Asian equities tumbled, oil prices plunged and the safe-haven yen strengthened early on Monday as trade negotiations between China and the United States deteriorated suddenly, reversing apparent progress made in recent months.
Explainer: Who pays Trump’s tariffs – China and other exporters or U.S. customers?
U.S. President Donald Trump said on Sunday he would raise tariffs to 25 percent from 10 percent on $200 billion of Chinese goods.
Trump vows new tariff hike on Chinese goods, escalating tension in trade talks
President Donald Trump dramatically increased pressure on China to reach a trade deal by announcing on Sunday he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.
Factbox: Tariff wars – duties imposed by Trump and U.S. trading partners
U.S. President Donald Trump said on Sunday he would raise tariffs to 25 percent from 10 percent on $200 billion of Chinese imports by the end of the week.
U.S. stock futures tumble after Trump threatens China with steeper tariffs
Wall Street stock index futures fell sharply on Sunday after U.S. President Donald Trump said he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and soon target hundreds of billions more.
Boeing did not disclose 737 MAX alert issue to FAA for 13 months
Boeing Co did not tell U.S. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on Sunday the missing display re…
Fed faces tough sell on inflation framework
Federal Reserve policymakers fear they are ill-equipped to battle the next recession under their current inflation-targeting approach, and this year are well into an effort to vet new strategies for managing interest rates in a world of muted inflation…
Total backs Occidental’s Anadarko bid with deal to buy assets
France’s Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.
In shift, Trump vows tariff hike on Chinese goods ahead of next trade talk round
President Donald Trump on Sunday dramatically increased pressure on China to reach a trade deal by announcing he will hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.
Total enters $8.8 billion deal with Occidental for Anadarko’s Africa assets
French energy major Total said on Sunday it had reached a binding agreement with Occidental to acquire Anadarko assets in Algeria, Ghana, Mozambique and South Africa for a consideration of $8.8 billion.
