• Breaking News

    Sunday, May 5, 2019

    Stock Market - Trump says tariffs on $200 billion of Chinese goods will increase to 25% on Friday

    Stock Market - Trump says tariffs on $200 billion of Chinese goods will increase to 25% on Friday


    Trump says tariffs on $200 billion of Chinese goods will increase to 25% on Friday

    Posted: 05 May 2019 10:19 AM PDT

    (SOURCE)

    Trump says tariffs on $200 billion of Chinese goods will increase to 25%, blames slow progress in trade talks

    • In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods "shortly."
    • The president said that trade talks with China are continuing, but are moving too slowly as Beijing tries to re-negotiate.

    President Donald Trump said Sunday that tariffs on $200 billion of Chinese goods will increase to 25% on Friday, despite repeated claims by the administration in recent weeks that trade talks with Beijing were going well.

    The tariff rate on those goods was originally set at 10%. Trump had originally threatened to increase the tariffs at the start of the year, but postponed that decision after China and the US agreed to sit down for trade talks.

    In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods "shortly."

    The president said that trade talks with China are continuing, but are moving too slowly as Beijing tries to re-negotiate.

    On Friday, Vice President Mike Pence told CNBC that Trump remained hopeful that he could strike a deal with China.

    And on Wednesday, the White House said the latest round of talks had moved Beijing and Washington closer to an agreement. Press secretary Sarah Sanders said, "Discussions remain focused toward making substantial progress on important structural issues and re-balancing the US-China trade relationship."

    There had been multiple reports that China and U.S. were close to a trade deal, and an agreement could come as soon as Friday.

    Major sticking points between the U.S. and China have been intellectual property theft and forced technology transfers. There has also been disagreement as to whether tariffs should be removed or remain in place as an enforcement mechanism.


    submitted by /u/bigbear0083
    [link] [comments]

    Report: FDA To Announce First Round Of CBD Trial Approvals With Nationwide Pet Treatment Approval.

    Posted: 05 May 2019 11:05 AM PDT

    http://wallstbulletin.com/2019/05/report-fda-to-announce-first-round-of-cbd-trial-approvals-with-nationwide-pet-treatment-approval/?preview=true&_thumbnail_id=396

    About time!

    Reports are now coming out that the first round of decisions have been made, with the pet additive initiative to be released first, which outlines nationwide approval for CBD to be added to pet foods and treats, with a number of pet specific CBD formulas to be accepted into the initiative.

    There has been a major push from the animal community in the United States, as it was said that the nationwide legalization of CBD/THC as an additive in animals required less regulatory barriers. The Animal Medicinal Drug Use Clarification Act of 1994 (AMDUCA)

    submitted by /u/jarred_tok
    [link] [comments]

    What stocks are catching your eye for next week?

    Posted: 05 May 2019 03:47 AM PDT

    Warren Buffett on missing the market's hottest tech stocks

    Posted: 05 May 2019 03:30 AM PDT

    https://finance.yahoo.com/news/warren-buffett-on-missing-the-markets-hottest-tech-stocks-191041188.html

    Berkshire Hathaway (BRK-A, BRK-B) Chairman and CEO Warren Buffett isn't worried that he missed out on investing in some of the high flying technology companies over the past few years like Alphabet (GOOGL) and Amazon (AMZN), according to new comments from Buffett at the 2019 Berkshire Hathaway Annual Shareholders Meeting on Saturday in Omaha, Nebraska.

    "There were a huge number of people that knew more about the [technology] game than I did. We don't want to try to win in a game we don't understand," Buffett said, adding that he may hire folks who do have a better grasp of the tech world, such as Todd Combs or Ted Weschler, who are two Berkshire money managers.

    submitted by /u/coolcomfort123
    [link] [comments]

    Stock website help

    Posted: 05 May 2019 07:59 AM PDT

    Hi everyone, I have recently learned about stock and am interested in possibly trading it. I have seen people with tons of monitors selling stocks on YouTube and was wondering if you can do it all from just one computer. Also do you guys happen to know a nice website to get started selling stock. And once I get maybe a little better at it, is their a more statistical website with all the graphs and numbers, like I see the professionals using?

    submitted by /u/AndrewT12345
    [link] [comments]

    No comments:

    Post a Comment