· The White House recently announced that it would be providing an additional $16 billion in aid to American farmers affected by the trade war between.
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Hotel occupancy rates and revenues in Asia-Pacific fell in the first quarter as the worsening US-China trade war dented consumer confidence, according to a report by property agency Colliers.
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While 2018 was the year trade wars broke out, 2019 will be the year the global economy feels the pain. Bloomberg’s Global Trade Tracker is softening amid a fading rush to front-load export orders.
Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more. It’s been 24 hours of pain that changes a lot about.
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Over the last week, the Trump administration has moved to resolve or delay trade conflicts on other fronts, to better focus its efforts on Beijing. While Mr. Trump has insisted any pain will be.
· WASHINGTON – President Trump’s chief economic adviser said on Sunday that American consumers would bear some pain from the escalating trade war.
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BERLIN, July 2 (Reuters) – Three German industry groups slashed their production forecasts for this year on Tuesday, citing trade conflicts that have plunged Germany’s export-dependent manufacturers.
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· The pain trade, and therefore most likely outcome, will be the market going higher into year-end.
· There is a saying on Wall Street that the markets try to deliver the maximum amount of punishment for the most investors possible. They call this phenomenon the “pain trade.
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US-China trade war: major pain, little gain .. The 11th round of negotiations between the United States and China on a bilateral trade deal ended on Friday in Washington, D.C. with an agreement.