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Trump's $60B Tariff Plan Rattles Markets, Chinese Tech Stocks
Thursday, March 22, 2018 - 3:11pm | 652President Donald Trump implemented a new round of tariffs on imported Chinese goods. What Happened The Trump administration is imposing up to $60 billion of new tariffs on imported Chinese goods in response to the U.S. trade deficit with China. Trump also accused China of stealing U.S....
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After Trump's Announcement Of Steel, Aluminum Tariffs, The Sell-Side Reacts
Friday, March 9, 2018 - 2:52pm | 541President Donald Trump unveiled plans for steel and aluminum tariffs Thursday, and several Wall Street analysts weighed in on what the tariffs could mean for the market. Voices From The Street The tariffs are good news for steel and aluminum stocks, while the exemptions will ease...
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The Protectionists Are Coming: Assessing The Fallout From Gary Cohn's Resignation
Wednesday, March 7, 2018 - 2:38pm | 396Less than a week after President Donald Trump announced new tariffs on steel and aluminum imports, National Economic Council director and free trade advocate Gary Cohn announced his resignation. Investors were certainly disappointed with Cohn’s departure, sending the Dow lower by more than...
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Analysis: Negative Reaction To Trump's Tariffs Could Make Him More Likely To Act
Monday, March 5, 2018 - 4:31pm | 393If investors are hoping that the negative Wall Street pushback to President Donald Trump’s recently announced tariffs on steel and aluminum will convince Trump to change his mind, their hopes may be very misguided. This criticism may actually make Trump’s commitment to the tariffs...
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US Crude Oil Could Rise On Venezuelan Sanctions
Friday, February 23, 2018 - 2:33pm | 398After OPEC's agreement to extend crude oil production cuts throughout 2018, oil prices may soon get yet another boost if the U.S. applies sanctions on Venezuela in response to President Nicolas Maduro’s calls for a snap election. The U.S. will likely seek to delay the Venezuelan election...
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The Michael Flynn Guilty Plea Implications, Explained
Friday, December 1, 2017 - 2:13pm | 453The SPDR Dow Jones Industrial Average ETF (NYSE: DIA) and the SPDR S&P 500 ETF Trust (NYSE: SPY) initially dropped more than 1 percent on Friday following reports that former Trump administration security adviser Michael Flynn agreed to testify against members of the Trump family and other...