Schools, parents fear Trump trade war crossfire

Trump trade war: It’s worse than a crime, it’s a blunder

Say you will believe me I can’t take, my heart will break ‘Cause I made a stupid mistake A stupid mistake – Gareth Gates Upon hearing of the kidnapping and execution of the Duc d’Enghien for plotting against Napoleon, French diplomat Charles-Maurice de Talleyrand-Périgord, bracing for political fallout, quipped, “It’s worse than a crime, it’s […] The post Trump trade war: It’s worse than a crime, it’s a blunder appeared first on Asia Times.

The price of gold marks a new record on Monday and reaches $3,400 per ounce, after recording successive historical peaks. All this in a panorama marked by uncertainty caused by the tariff war and the risk of recession. Specifically, the active shelter has exceeded $3,400 after rising by about 2.2%, while the US stock market anticipates falls by around 0.9%. The Ibex 35, for its part, remains closed in today's session, like the rest of European i…

China’s manufacturing backbone feels pinch of Trump trade war

Guangdong province has long been China's biggest manufacturing hub. But Trump's drive to bring manufacturing back to the US and the launch of a brutal trade war with China now threaten to upend that.

Gold rallies to record on trade war concerns and weaker dollar

Gold hit a record as the debilitating US-led trade war underpinned demand for haven assets, with data due in the coming days that may highlight early signs of damage to the global economy. Bullion for immediate delivery climbed above $3,364 an ounce, as the dollar fell. On Tuesday, the International Monetary Fund is set to lower its outlook for growth in new projections, while purchasing manager indexes the following day will offer a broad snaps…

Schools, parents fear Trump trade war crossfire

Schools and parents are anxiously awaiting the impacts of President Trump’s tariff war, fearing the worst for a spike in the cost of food and school supplies.  The situation is fluid, with the president putting a 90-day pause on reciprocal tariffs for most countries but keeping a 10 percent flat rate for most foreign products for now. On imports from China, the trade war has already escalated to 145 percent tariffs. The unpredictability war is p…