Donald Trump’s trade war has fuelled worries about a possible global recession (Nelson ALMEIDA) Asian markets battled Tuesday to recover from the previous day’s tariff-fuelled collapse, though Donald Trump’s warning of more measures against China and Beijing’s vow to fight “to the end” raised concerns the trade war could worsen. Equities across the world have…
US stocks rose on Monday, eyeing a bounce back from sharp losses as steelmakers rallied after President Donald Trump said he will impose new tariffs on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) added 0.2% after the blue-chip index on Friday booked its worst loss in nearly four weeks. The S&P 500…
US stocks climbed before the bell on Monday, eyeing a bounce-back from sharp losses as steelmakers rallied after President Donald Trump said he will impose new tariffs on steel and aluminum imports. Dow Jones Industrial Average futures (YM=F) added 0.3%, after the blue-chip index on Friday booked its worst loss in nearly four weeks. S&P…
Donald Trump warned he will impose 25 percent tariffs on imports of steel and aluminium (STR) Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face “reciprocal” levies. Another week got off to an uncertain…
Nippon Steel Corp. said Friday it has sent a letter to U.S. President Joe Biden, as its $14.1 billion buyout of United States Steel Corp. is at risk of falling through. The letter, signed by Nippon Steel Chairman and CEO Eiji Hashimoto and U.S. Steel President and CEO David Burritt, was sent on Sunday. Biden…