Shares on Wall Street were poised for losses at Friday's stateside open, as U.S. tariffs on Chinese goods were increased shortly after the stroke of midnight ET.
Futures had been wavering between positive and negative territory on Thursday evening following news that trade talks between the U.S. and China would continue on Friday — implying no deal had been struck before the midnight deadline for increased tariffs. Hours before the meeting Thursday, the president said tariffs are an"excellent" alternative to a trade deal with China.
On Monday, stocks shook off the president's weekend tweet as a mere negotiation tactic. But tougher rhetoric by top U.S. trade representative Robert Lighthizer weighed on major indexes.
PMan71 The Russians are doing back flips and high fives watching the US implode on all fronts... somebody cut the strings on the pumpkin puppet.
Good, we need to create pain in the markets so that companies who build things in China move out for friendlier countries and lower tariffs
the stock market is going to shit big... it'll be known and as BrownFriday
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Ahead of U.S.-China trade talks, Xi writes to TrumpU.S. poised to increase tariffs on $200 billion in Chinese goods Friday morning websites to check: Xi is peeing in his pant.. Lol
Source: washingtonpost - 🏆 95. / 72 Read more »
Trump says tariffs on $200 billion of Chinese goods will increase to 25% on FridayAs Amazon starts to roll out one-day shipping to its most loyal customers, it already has a logistics network spanning much of the U.S. Fuck GET THE BEST DEPLORABLE TEE TODAY!! Trump2020 Trump MAGA Didn't he recently infer that things were going well with the talks and results would be announced soon? This would seem to raise doubt. If they were close to an agreement, one would think he would put this increase on hold. Or maybe he was just lying again.
Source: CNBC - 🏆 12. / 72 Read more »
China says it will take 'necessary' countermeasures if US raises tariffs FridayChina has promised to take 'necessary countermeasures' against the U.S. if Washington follows through on its threat to increase tariffs. CNBC Stocks CNBC Just like his Companies Trump will run this Country into the ground CNBC And what’s that?
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Files Paperwork to Raise China Tariffs on FridayThe U.S. Trade Representative’s office filed paperwork to formally raise tariffs to 25% from 10% on about $200 billion a year of Chinese imports effective on Friday, carrying through on a threat made by President Trump. Nooooooooooo! Meaningless negotiation。 Is this their engagement photo?
Source: WSJ - 🏆 98. / 63 Read more »
US plans to hike tariffs Friday, saying China broke promisesWASHINGTON (AP) — Accusing Beijing of 'reneging' on commitments it made in earlier talks, U.S. Trade Representative Robert Lighthizer said Monday that the Trump administration will increase its tariffs on $200 billion in Chinese goods early Friday, a sharp escalation in a yearlong trade dispute
Source: YahooNews - 🏆 380. / 59 Read more »
U.S., China to continue trade talks Friday, despite tensionsAmid rising tensions, the U.S. and China agreed to continue trade talks for a second day, the White House announced Thursday night. 'This evening,... As expected
Source: MarketWatch - 🏆 3. / 97 Read more »
US-China trade negotiations will continue on Friday, White House official saysAmerican and Chinese negotiators have agreed to continue their trade talks, a White House spokesman said Thursday. GregMannarino I thought it was done LOL! No deal in sight. Trump still manipulating the stock market. Any word from the White House if they will still go ahead with tariffs?
Source: CNBC - 🏆 12. / 72 Read more »
Intelligence on Iran that prompted US carrier move came on Friday afternoonActing Defense Secretary Shanahan and Gen. Dunford offer more details on the timeline for moving a U.S. Navy carrier group and bombers in response to Iranian threats. this is B.S. No more wars! 🔻▪️🔻 Isla:mic State Yemen Wi:layah - Bayda 📰 | 4 Killed and Many Injured in a Security Operation Against a Qaida of Yemen Meeting in Qayfa ¶ LuciferSeason4%
Source: ABC - 🏆 471. / 51 Read more »
Lighthizer says U.S. will raise tariffs to 25% on Friday: reportsU.S. Trade Representative Robert Lighthizer said the U.S. will raise tariffs on China to 25% from 10% on $200 billion worth of goods on Friday morning, media... Would be nice if ALL media advised Americans that the Chinese do NOT pay the tariffs, businesses do and then pass on costs to consumers. So, Trump lies every time he says tariffs are bringing in billions $$. They cost Americans in more expensive products & services. More taxes on Americans. 🤮👎
Source: MarketWatch - 🏆 3. / 97 Read more »
European shares rise on strong results, upbeat U.S. jobs dataEuropean shares rose on Friday, recovering from their worst day in six weeks wit...
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks rise as increased tariffs on China loomStocks in Asia rose in Friday morning trade, with increased U.S. tariffs on Chinese goods set to kick in at 12.01 a.m. ET Friday. What the F is that on your head😂 Fair trade not free trade were you put tariffs on us and we don’t reciprocate,you use slave labour and we don’t,you control the masses by dictatorship totalitarian rule and we have democracy freedoms.pres.Trump stated I am the president of the u.s not he world.the raping stopsno
Source: CNBC - 🏆 12. / 72 Read more »