Financial Review
Trade War Slam
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
Informações:
Synopsis
…Trade talk heats up, stocks slammed. Harley not made in America? Flake and Corker try for a jailbreak. SCOTUS backs Amex, and gerrymandering. Toys R Us r gone. GE shrinks from Dow. Financial Review by Sinclair Noe for 06-25-2018 DOW – 328 = 24,252 SPX – 37 = 2717 NAS – 160 = 7532 RUT – 28 = 1657 10 Y – .03 =2.88% OIL – .39 = 68.19 GOLD – 3.80 = 1266.10 Trump is ratcheting up his threats to slap levies on imports from around the globe. On Sunday he tweeted that “all countries” will face new tariffs if they don’t lower their own trade barriers. On Friday, Trump threatened to impose 20% tariffs on European cars in response to the EU’s decision to impose 25% tariffs on more than $3 billion worth of U.S. goods as retaliation for U.S. tariffs on steel and aluminum that the Trump administration put into effect on June 1. Trump has already warned China that the U.S. will seek additional tit-for-tat tariffs on Chinese exports if China slaps retaliatory tariffs of its own on U.S. exports. The Wall Street Journal rep