United States vs. China trade war and affected countries

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The United States and China are fighting. Both countries experienced a trade war. This began when President Donald Trump set a tax on every Chinese product that entered the United States. In response to this policy, China did the same to the United States.

The trade war is now getting hotter after Trump insists that he will add to the list of products from the Bamboo Curtain Country that have hit import duties to more than USD 500 billion.

Apparently, the US and China disputes will not end in the defeat of one of them, but also affect other countries whose economies are most integrated into global value chains and rely on exports. When global trade is threatened, their economy will be very vulnerable.

Reporting from Business Insider, here are 10 countries that are most threatened by trade war based on the percentage of their exports to global supply chains.… Read more

Financial News And Alerts (2)

Financial NewsSan Francisco-based mostly snack meals company Diamond Foods Inc pays $5 million to settle civil charges that the company and two former top executives mislead buyers, lying about walnut costs to boost earnings, U.S. regulators stated Thursday.

HOUSTON (Reuters) – Halliburton Co stated on Wednesday that Chief Executive Officer Dave Lesar will retire on June 1 and get replaced by Jeff Miller, Lesar’s longtime deputy and fellow board member. The central bank acknowledged inflation had declined further under its 2 percent goal and that market-based value gauges had fallen substantially – a more negative assessment than it gave in December.

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Fed Upbeat On U.S. Economy, Cites Strong Job Gains

Financial NewsInvestors are fleeing shares and working to safe-havens like bonds and gold, driven by concerns about financial growth and the effectiveness of central banks’ insurance policies.

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