“No Deadline” for Tariff Man Stocks dropped and bonds rallied in global markets shortly after President Trump fired his tariff weapon to France and Latin American Countries yesterday, and announced today that there is “no deadline” for reaching a trade deal with China. He added that he liked “the idea of waiting until after the election” to reach a deal
Return of the Tariff Man Thanksgiving is over, and tariff man strikes again! This time: the victim is France. The US proposed tariffs on some $2.4 billion in French products, a response to a tax on digital revenues in France that hits large American tech companies including Google, Apple, Amazon, and Facebook.
Deal or No Deal? We’ve heard major news about the “phase one” deal being finalised and markets have traded up on looming optimism. But let’s not forget that Hong Kong is in the midst of a violent pro-democracy protest.
Dell Earnings The firm reported third-quarter earnings today that beat estimates for earnings per share, but fell short of meeting the street’s revenue expectations. Here are the stats:
Massachusetts-based roomba designer, iRobot (IRBIT.Q), working with manufacturing solutions provider, Jabil Inc, announced production commencement on the creation of new robots ahead of schedule in Malaysia today.
China is “Cautiously Optimistic” China’s chief negotiator said that he was “cautiously optimistic” about reaching a phase one trade deal with the US despite tensions over Hong Kong.