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Financial NewsThe State Council, China’s cupboard, has given Xinhua permission to accumulate and consolidate China Securities Journal, Shanghai Securities News, Economic Information Daily and Xinhua Publishing House and launch a brand new firm beneath the banner China Fortune Media Corporation Group.

Tokyo shares have fallen at the beginning, tracking a tumble on Wall Street as US president Donald Trump’s mounting crises increase questions about the way forward for his ambitious economic agenda. House of Representatives Speaker Paul Ryan mentioned this week that the country’s first tax overhaul in a long time might not be done till well into 2017. The review that Trump is ordering gives the administration a way to approach the difficulty independent of Congress. It is value taking a fresh take a look at a few of Europe’s banks with global operations, in accordance with Man Group’s Pierre Lagrange.

Treasury Secretary Steven Mnuchin will review significant tax rules … Read more

Stock Market News

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Customers … Read more

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