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Tag: deal

US-China trade talks end without deal after tariff hike

US-China trade talks end without deal after tariff hike

Business
By Sharon Marris, news reporter Trade talks between the United States and China ended on Friday without a deal.Two days of discussions concluded on the same day the US increased tariffs on $ 200bn (£153bn) of Chinese goods from 10% to 25%. China is expected to hit back, prompting fears the 10-month trade war between the world's two largest economies could worsen. ....into the future will continue. In the meantime, the United States has imposed Tariffs on China, which may or may not be removed depending on what happens with respect to future negotiations!— Donald J. Trump (@realDonaldTrump) May 10, 2019 US trade representative Robert Lighthizer, Treasury secretary Steven Mnuchin and Chinese Vice Premier Liu He spent
Iran announces partial withdrawal from nuclear deal

Iran announces partial withdrawal from nuclear deal

World
May 8 (UPI) -- Iranian President Hassan Rouhani declared Wednesday that the country would partially stop complying with a landmark nuclear deal it signed in 2015 with six other nations. The announcement comes a year to the day since President Donald Trump wholly withdrew the United States from the commitment that limited Iran's nuclear fuel production for 15 years, citing those limitations were inadequate and that the deal was "defective at its core." On Wednesday, Rouhani said in a nationally televised speech that he informed the other signatories of the deal -- Britain, China, France, Germany and Russia -- that they had 60 days to decide to either pull out of the deal or trade for oil with Iran in violation American-imposed sanctions, the New York Times reported. "The path we have chose...
Trade war fears are crushing stocks, and sell-off could keep going if there is no deal by Friday

Trade war fears are crushing stocks, and sell-off could keep going if there is no deal by Friday

Finance
Investors are worried the U.S. and China may not find enough common ground to head off a new round of tariffs later this week that could bite into global growth, squeeze profit margins and drive down stock prices.Trade negotiators are scheduled to meet this week in Washington, but recent tensions make it less likely a deal will be agreed to before the Trump administration unleashes a new round of tariffs. Analysts say a deal is still possible, but the risks have risen that there will be more tariffs before a deal can be agreed, and it could then take a lot longer than expected for an agreement to be hammered out.Stocks plunged and bonds rose in a safety trade Tuesday, after the Trump administration set the clock ticking on a 12:01 a.m. ET Friday deadline for raising tariffs to 25% on $ 200...
Stocks set to open slightly higher on US-China trade deal hopes; jobs data in focus

Stocks set to open slightly higher on US-China trade deal hopes; jobs data in focus

Finance
U.S. stock futures traded slightly higher Friday, as investors monitored progress in U.S.-China trade talks and looked ahead to upcoming jobs data. As of 03:20 a.m. ET, Dow futures were up 46 points, indicating a higher open of 44, while the S&P 500 and Nasdaq were also in positive territory. On Thursday, the Dow closed more than 150 points higher, while the S&P 500 notched its first six-day winning streak since February, buoyed by positive trade news. Investors continued to digest the latest developments in trade negotiations between Washingt...
Nashville Predators sign first-round pick Dante Fabbro to entry-level deal

Nashville Predators sign first-round pick Dante Fabbro to entry-level deal

Sports
March 27 (UPI) -- The Nashville Predators signed defenseman Dante Fabbro to a three-year, entry-level contract, the team announced Wednesday. The Predators selected Fabbro with the No. 17 overall pick in the 2016 NHL Draft. He could make his professional debut when the Preds visit the Pittsburgh Penguins on Friday night at PPG Paints Arena. Fabbro had 33 points (seven goals, 26 assists) in 38 games during his junior season in 2018-19 with Boston University. He was named a Hockey East second-team All-Star for the second straight year. He finished his three-year collegiate career with 80 points (22 goals, 58 assists) in 112 games.FABBRO SZN. #Preds | @17Fabbro https://t.co/tKlftITGay— x - Nashville Predators (@PredsNHL) March 27, 2019 The 20-year-old defenseman has represented Cana...