Trump imposes reciprocal tariffs on all trading partners

Trump imposes reciprocal tariffs on all trading partners

President Donald Trump has announced he is launching reciprocal tariffs against all U.S. trading partners which would be calculated on a country-by-country basis and would take both tariff and non-tariff barriers into account. U.S. markets have so far shrugged off the latest tariff threats while wholesale inflation shows signs of slowing. Europe’s largest lender, HSBC, is due to announce a new round of global job cuts which could amount to $1.5bn. Meanwhile, Santander denies reports of a potential sale of its UK retail arm to Natwest. And Italian luxury brand Moncler posts a robust top and bottom line quarterly beat, driven by strong demand in China.

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Jaksot(1823)

SQUAWK BOX, WEDNESDAY 14TH AUGUST, 2019

SQUAWK BOX, WEDNESDAY 14TH AUGUST, 2019

The Trump administration seems to be the first to blink in the trade war, delaying tariffs against key Chinese imports including laptops, cellphones and clothing. The move sends Asian equities into th...

14 Elo 201922min

SQUAWK BOX, TUESDAY 13TH AUGUST, 2019

SQUAWK BOX, TUESDAY 13TH AUGUST, 2019

In a volatile day for U.S. markets, the Dow drops nearly 400 points to close below 26,000. Global bond yields resume their decline sending a warning signal to investors of a possible recession. In Asi...

13 Elo 201924min

SQUAWK BOX, MONDAY 12TH AUGUST, 2019

SQUAWK BOX, MONDAY 12TH AUGUST, 2019

After a rocky week for Wall Street, Asian equities start the week cautiously higher as Goldman Sachs warns the trade war is raising the prospect of a U.S. recession. Meanwhile, China sets its yuan fix...

12 Elo 201922min

SQUAWK BOX, FRIDAY 9TH AUGUST, 2019

SQUAWK BOX, FRIDAY 9TH AUGUST, 2019

The U.S. market recovery continues with stocks jumping and bond yields rebounding, as the S&P 500 sits in positive territory at the end of a choppy week of trade. The picture is far more mixed in Asia...

9 Elo 201925min

SQUAWK BOX, THURSDAY 8TH AUGUST, 2019

SQUAWK BOX, THURSDAY 8TH AUGUST, 2019

Another day of wild market gyrations. Better-than-expected Chinese trade numbers drive Asian markets higher despite a drop in U.S. imports. China's central bank sets the yuan mid-point weaker than the...

8 Elo 201924min

SQUAWK BOX, WEDNESDAY 7TH AUGUST, 2019

SQUAWK BOX, WEDNESDAY 7TH AUGUST, 2019

Wall Street recovers. The Dow jumps 300 points, rebounding from U.S. stocks’ worst day of 2019. The picture in Asia, however, is more mixed with China setting the yuan fix at a weaker-than-expected le...

7 Elo 201924min

SQUAWK BOX, TUESDAY 6TH AUGUST, 2019

SQUAWK BOX, TUESDAY 6TH AUGUST, 2019

Markets in turmoil. Squawk Box anchors dissect all the dramatic action across asset classes. Wall Street logs its worst day of 2019 with the Dow plunging more than 750 points, as Washington labels Bei...

6 Elo 201924min

SQUAWK BOX, MONDAY 5TH AUGUST, 2019

SQUAWK BOX, MONDAY 5TH AUGUST, 2019

Asian stock markets plummet to six-month lows following the S&P 500’s worst week of the year. The latest trade tensions between the U.S. and China prompt investors to opt for safe havens. The yuan sli...

5 Elo 201924min

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