The tragic irony here is that back in January, the company announced plans to add some 200 jobs following Trump’s imposition of tariffs on imported residential washing machines.
Category: trade
Global Finance Leaders Resigned To Their Fate In Half-Hearted G-20 Communiqué
“…downside risks over the short and medium term have increased.”
‘They Offset The Tariffs Before They Even Happened’: How To Lose A Trade War Before It Even Starts
Expect more dollar tweets.
Death By Trade Tweet: How FX Markets Cope With ‘High-Volume Tariff News’ Days
“Chirp, chirp”: the yuan is crashing.
Christine Lagarde Channels Claude Monet, Says World Has Hit ‘High-Water Mark’ On Growth
“Unfortunately, the rhetoric has morphed into reality, and a series of tariffs and counter-tariffs have gone into effect.”
‘I Fully Support Jerome Powell’: At G-20, Steve Mnuchin Swears Trump Respects Fed Independence
Steve Mnuchin is in a tough spot.
‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War
Throw out the script.
‘We Are Raising Rates – Really?’ Trump Again Attacks The Fed, Accuses Europe, China Of ‘Manipulation’
“Tightening hurts all we have done.”
‘I’m Ready To Go To $500 Billion’: Trump Says Prepared To Tax All Chinese Imports
Donald Trump is locked and loaded, ok?
Commodities Stand Corrected As Demand Destruction Doom Loop Beckons
Coal mine canaries?
‘It’s A Lot Of Money’: As Trade War Simmers, The Farmers Are Restless
“You’ve still got to pay your bills eventually.”
‘Cars Is Big One’: Trump, Kudlow Pretty Sure Jean-Claude Juncker Will Wave White Flag In Washington Next Week
“…we may be pleasantly surprised.”
Jerome Powell Tells Lawmakers He Wants The Fed To ‘Stay In Its Lane’ When Asked About Tariffs
“I have to start by saying”…
‘We Are Unable To Fight Equally’: A Frustrated China Files WTO Challenge Against Trump
“The move is unusually swift.”
All Quiet On The Western Front?
Not exactly.
Maybe Irony Isn’t Dead: If The U.S. ‘Imports’ A Recession, Can We Slap Tariffs On It?
Mind the implications of globalization and interconnected markets.
Here’s What 58 Fund Managers With A Quarter Trillion In AUM Expect For Trade And The Fed
Crystal ball gazing with $258 billion.
‘It’s Now More Likely Than Not’: Goldman Raises Odds Of Further Escalations In Trade War
Past the point of no return.
‘That Sounds Like A Punt’: Marketplace Host Presses Jerome Powell For Answers On Trade War
“I’m going to poke you in the eye a little bit”.
‘Someone Go Tell That To The Guy Harvesting His Crops’: Pray For The Soybean Farmers
Whatever you say, sir.Â
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