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Update 2china Auto Sales Drop Again On Trade War Economic Gloom - Latest News


China auto sales drop again on trade war, economic gloom

Aug auto sales fall 3.8 pct from a year earlier * Weak economy, trade war hit spending * New-energy vehicle sales up nearly 50 pct on year in Aug (Adds analyst comment, details) By Lusha Zhang and Nor... read more

S&P 500 Weekly Update: Trade Tariffs Are Invoked, The Market Yawns Because Goldilocks Is Here

Trade war talk is at the top of the ... and completely cancel out ANY tariff penalties that the gloom and doom crowd presents to investors. The effect on China, minimal. It is transforming into a serv... read more

Warning signs are flashing about the Chinese economy

From Dawn Kopecki: Apple lowered its first-quarter revenue projection, blaming a slowing economy in China and the trade war for a drop in consumer demand ... exacerbated by a slowdown in car sales in ... read more

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At China port, tariff drop a salve for hard-hit traders of American cars

The activity at the port - after a freeze since China hit U.S. auto imports with ... flows in the protracted trade war between Washington and Beijing are impacting global businesses. "Our business was ... read more


Trade fears end European shares' series of weekly gains

European stocks slipped again on Friday and put an end to five straight weeks of gains as fears about an economic slowdown in the euro zone and a potential full-blown Sino/U.S. trade war added to ... read more

Chinese car makers brace for another bumpy ride after tough 2018

BEIJING: Carmakers in China ... sales in 2019, hit also by Beijing’s trade war with the United States. “We should notice the big uncertainties among macro economy and trade tensions, which hit the aut... read more

The market on a sugar high

Again ... we get the delayed retail sales for December, almost certain to be excellent. We smell a market on a sugar high. The S&P closed over the 200-day moving average. We have a complacent/complian... read more

China To Reduce Tariffs On Cars Imported From U.S.

Tesla EVs will be cheaper again ... that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%.”. It’s the latest and fortunately positive ... read more

Real Time Economics: U.S.-China Summit On Tap, Trump Threatens GM

Jeff Sparshott here to take you through key developments in the global economy. We'll look the upcoming Trump-Xi summit and broader trade tensions, General Motors and the U.S. auto ... U.S.-China conf... read more

S&P 500 Weekly Update: 2018 - The Year In Review; Two Words, Volatility And Transition

Washington is a mess and getting messier, the media says there is little to no resolution to the US-China trade war, and by most economists' views, the economy is slowing ... the housing sector and a ... read more

Trump's looming auto trade battle is staggeringly pointless — but there's a good chance he'll win it (GM, F, FCAU)

In short order, the Detroit automakers launched an effort to have fuel-economy standards, locked in by the late-Obama-era EPA, revisited with an eye toward keeping sales ... auto and full-employment a... read more

China auto sales drop again on trade war, economic gloom

BEIJING (Reuters) - China’s automobile sales fell for the second straight month in August as a weak macro economy and trade frictions with the United States made consumers cautious about spending, an ... read more



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