Global stocks climb; markets hail U.S.-Mexico trade deal https://t.co/UdAnBMFEYP
— Reuters Top News (@Reuters) August 28, 2018
The government is starting to pay farmers that have been hurt by the fallout of President Trump's widening trade feuds https://t.co/B8qTSjLDsl pic.twitter.com/Eeh2UUCbWt
— CNN (@CNN) August 28, 2018
U.S. energy companies fume over rejected steel tariff exemptions https://t.co/itZFViyUfp pic.twitter.com/s8rbJjTLn0
— Reuters Top News (@Reuters) August 28, 2018
It is difficult to predict what the longer term effects of all this might be.
Whether trade deals or agreements can be reached between the US and Canada and also with China, and also with the EU, will make a difference. In the meantime, the trade wars over tariffs with US subsidies to compensate will continue to disrupt markets.
Posted by Pete George on 29th August 2018
https://yournz.org/2018/08/29/mixed-trade-deal-and-financial-news/
Your NZ
David
/ 29th August 2018Loads of new jobs in steel mills though. The EU have decided to negotiate and drop their tariffs. China wont be far away things are looking a little ugly for Xi at home, Canada is scrambling and dropped everything and rushed to Washington after Trudeau buggared things up and Mexico has made him look stupid.
Its an ugly way of doing things but seems to be working with a minimal amount of pain to the booming US economy.
Blazer
/ 29th August 2018don’t get ahead of yourself David…the best is yet to come.
NOEL
/ 29th August 2018One new steel job for a loss of seven elsewhere. Not exactly “loads” of jobs been created.
NOEL
/ 29th August 2018https://www.usatoday.com/story/news/politics/2018/08/08/trump-tariffs-companies-might-close-lay-off-american-workers-trade-war/929019002/
Kitty Catkin
/ 29th August 2018Well, if 1000 jobs are created, and 7000 lost; one COULD say that a load of jobs have been created, which they have, in a way