Wall St. losses accelerate as trade concerns mount
(Reuters) – U.S. stocks tumbled on Friday on fears of an escalating trade war between the United States and China after President Donald Trump threatened to slap $100 billion more in tariffs and Beijing warned it would fight back “at any cost.”
Trump threatens tariffs on $100 billion more China goods; Beijing ready to strike back
BEIJING/WASHINGTON (Reuters) – China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the United States follows through on President Donald Trump’s threat to slap tariffs on an additional $100 …
Wall Street opens lower as trade war fears escalate
(Reuters) – U.S. stock indexes opened lower on Friday as renewed fears of a trade conflict between the United States and China outweighed a lower-than-expected March jobs data that eased concerns over aggressive interest rate hikes.
Wall St. hit by trade war fears; jobs data ease rate concerns
(Reuters) – Wall Street was set to open lower on Friday, weighed down by fears of an escalating trade conflict between the United States and China, but a lower-than-expected March jobs data eased some concerns over aggressive interest rates hikes.
U.S. job gains smallest in six months, wage growth picks up
WASHINGTON, (Reuters) – The U.S. economy created the fewest jobs in six months in March as the boost from mild temperatures faded, but a pickup in wage gains pointed to a tightening labor market, which should allow the Federal Reserve to raise interest…
Trump threatens tariffs on $100 billion more China goods; Beijing says will fight back
BEIJING/WASHINGTON (Reuters) – China warned on Friday it would fight back “at any cost” with fresh trade measures if the United States continues on its path of protectionism, hours after President Donald Trump threatened to slap tariffs on an additiona…
Samsung Electronics tips record first quarter profit as chip boom winds down
SEOUL (Reuters) – Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns that the semiconductor boom that has driven the South Korean tech giant’s earnings is about to e…
Birkin bag maker Hermes expands manufacturing with new French workshop
PARIS (Reuters) – French luxury handbag maker Hermes said on Friday it had opened a new manufacturing plant in eastern France, as rivals like LVMH’s Louis Vuitton also expand leather goods production to keep up with thriving Chinese demand.
Netflix offering more than $300 million for billboard company: sources
(Reuters) – Netflix Inc is offering more than $300 million to buy a company that owns billboards across Los Angeles, including on West Hollywood’s famed Sunset Strip, a move that could help it save money maintaining a high profile in the world’s enter…
Global stocks slip on Trump’s new trade salvo, traders await U.S. jobs report
LONDON (Reuters) – Stock markets edged downwards on Friday after U.S. President Donald Trump’s threat to impose an extra $100 billion in tariffs on China exacerbated fears of a more serious trade dispute, while the dollar paused ahead of crucial U.S. p…
