Launch an allout trade war against china. An oped in the chinesebacked newspaper, the global times said any new tariffs would trigger immediate Counter Measures from beijing. This comes in response to donald trump repeatedly saying on the campaign trail that the u. S. Would punish beijing with high import tariffs in response to what he considers unfair trade practices. He also wants to brand china a currency manipulator. The stakes, of course, could not be higher. Americans love iphones and other goods, from furniture to nike they get at low cost from china, but they resent the job loss that many rightly or wrongly lay at beijings doorstep. With china, they dump their product all over the place. So declares the president elect. But china is not taking those kinds of words sitting down. The country warning the president elect that it will meet a trade war with a trade war. The staterun global Times Newspaper telling president elect trump what that might look like. A batch of boeing orde
Launch an allout trade war against china. An oped in the chinesebacked newspaper, the global times said any new tariffs would trigger immediate Counter Measures from beijing. This comes in response to donald trump repeatedly saying on the campaign trail that the u. S. Would punish beijing with high import tariffs in response to what he considers unfair trade practices. He also wants to brand china a currency manipulator. The stakes, of course, could not be higher. Americans love iphones and other goods, from furniture to nike they get at low cost from china, but they resent the job loss that many rightly or wrongly lay at beijings doorstep. With china, they dump their product all over the place. So declares the president elect. But china is not taking those kinds of words sitting down. The country warning the president elect that it will meet a trade war with a trade war. The staterun global Times Newspaper telling president elect trump what that might look like. A batch of boeing orde
Launch an allout trade war against china. An oped in the chinesebacked newspaper, the global times said any new tariffs would trigger immediate Counter Measures from beijing. This comes in response to donald trump repeatedly saying on the campaign trail that the u. S. Would punish beijing with high import tariffs in response to what he considers unfair trade practices. He also wants to brand china a currency manipulator. The stakes, of course, could not be higher. Americans love iphones and other goods, from furniture to nike they get at low cost from china, but they resent the job loss that many rightly or wrongly lay at beijings doorstep. With china, they dump their product all over the place. So declares the president elect. But china is not taking those kinds of words sitting down. The country warning the president elect that it will meet a trade war with a trade war. The staterun global Times Newspaper telling president elect trump what that might look like. A batch of boeing orde
People cant resist the lure of fang. They just cant stay away from my acronym for facebook, amazon, netflix, and google. Now, alphabet. Theres a simple reason for that. Growth. Theyve got it. Others dont. No matter what. And thats why f. A. N. G. Led the charge today. When we look back at what this moment is about, when we search for the ultimate brexitrelated worry, its a recession. The slowdown and uncertainty that this vote triggered turned out to be broader than the united kingdom. Not able to separate one countrys economy from another at least when it comes to stocks. Everythings impacted whether or not it makes sense because stocks trade in baskets, the s p futures as well as the myriad of etfs out there and the baskets have no rationality to speak of. The same way that a terrorist attack like in istanbul this evening could have ramifications. Cnbc will have a special report coming up right after the show. Some stocks can get up on their own two feet a lot faster than other after
Operations which will benefit certain input, but its difficult for a lot of all these companies, even caterpillar, they all have some involvement with oil and gas, especially with all the republic sans of the domestic oil and gas industry. And then theyre not that optimistic, these guys. Theyre not. Its surprising. If you look at what we hear from we talk to economist, things are better. With Capital Spending decreasing. That is the big concern. If you dont see more capital expenditure, youre fought going to see the regulation with randall stephenson, right over there. But its the same story for four or five years where some of our viewers are tired of hearing about taxes and regulation. But these guys look at it every day. They see it. The economy is still growing based on problems with government, based on government helping. We talked about all of that. Well tell you about some of the morning headlines. We have three big stories to watch this morning. An important snapshot on the jo