When Donald Trump won the race to the White House back in November, there were high expectations that the equity markets would spike, the value of the dollar would rise and it would be high times for the Merger and Acquisition Gang.
Tag: Economy
SPOTLIGHT: LUXURY INDUSTRY’S PROSPECTS GO FROM BAD TO WORSE
Just when Donald Trump’s new tariffs are undercutting luxury industry revenues, a weak dollar and record gold prices are making things even worse.
SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
Last week, Donald Trump raised the prospect that his slate of custom-tailored tariffs on more than 100 countries could be reimposed sooner than the early July deadline he set when he suspended the tariffs a day after announcing them.
SPOTLIGHT: BIGS GETTING BIGGER
When Donald Trump won the race to the White House back in November, there were high expectations that the equity markets would spike, the value of the dollar would rise and it would be high times for the Merger and Acquisition Gang.
SPOTLIGHT: CHINA’S AUTO INDUSTRY ON THE RISE
Last month, retail auto sales in China leaped up 14.4 percent to 1.94 million vehicles, 40 percent more than in February and marking the greatest increase in any March since 2015, according to the China Passenger Car Association (CPCA).
SPOTLIGHT: BIGS GETTING BIGGER
Dealmakers are not waiting for Donald Trump’s policies of tax cuts and relaxed regulation to come into effect.
CAR MARKET UPSET: BYD SETS SALES RECORD, TESLA SLUMPS
BYD, China’s premiere maker of hybrid and electric vehicles (EVs), saw its sales rocket up 58 percent in this year’s first quarter, the company said. Sales of pure EVs rose 39 percent.
OPEC+ WILL BOOST OUTPUT IN MAY AS OIL PRICES TANK
Meeting on 4 April, two days after Donald Trump announced his tariff war, ministers from eight member countries of the Organization of Petroleum Exporting Countries and their allies (OPEC+) agreed to increase oil production by 411,000 barrels a day beginning next month.
SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
U.S. president Donald Trump has announced a 10-percent tariff on all goods entering the country and has custom-tailored higher rates on about 60 countries Trump sees as putting “unfair” tariffs, taxes, or regulatory restrictions on U.S. imports.