- Aug 6, 2012
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Like most fights Trump is in, it's common sense and logic to fight injustices and poor leadership. If he stays the course and stick to his guns, he will win. Tariffs work, as the Chinese government is now learning.
Contrary to what MANY suggested by the way, America can win this trade war...(oh, and f Communism).
Stocks jump to session highs after report says China may offer a way to eliminate US trade imbalance
Stocks rose on Friday as investors cheered potential progress in trade negotiations between China and the U.S.
The Dow Jones Industrial Average rose 170 points, led by gains in Chevron and Boeing. The S&P 500 climbed 0.8 percent, trading out of correction territory, as the energy and industrials sectors outperformed. The Nasdaq Composite advanced 0.6 percent.
Bloomberg News reported on Friday that China will offer a path to eliminating its trade imbalance with the U.S. That report sent the major indexes to their highs of the day.
On Thursday, the Wall Street Journal reported that Treasury Secretary Steven Mnuchin had floated the idea of easing tariffs on Chinese goods as the two countries continue to negotiate on trade.
The report sent the major indexes to their session highs on Thursday. However, a senior administration told CNBC that there is “no discussion of lifting tariffs now.”
Contrary to what MANY suggested by the way, America can win this trade war...(oh, and f Communism).
Stocks jump to session highs after report says China may offer a way to eliminate US trade imbalance
Stocks rose on Friday as investors cheered potential progress in trade negotiations between China and the U.S.
The Dow Jones Industrial Average rose 170 points, led by gains in Chevron and Boeing. The S&P 500 climbed 0.8 percent, trading out of correction territory, as the energy and industrials sectors outperformed. The Nasdaq Composite advanced 0.6 percent.
Bloomberg News reported on Friday that China will offer a path to eliminating its trade imbalance with the U.S. That report sent the major indexes to their highs of the day.
On Thursday, the Wall Street Journal reported that Treasury Secretary Steven Mnuchin had floated the idea of easing tariffs on Chinese goods as the two countries continue to negotiate on trade.
The report sent the major indexes to their session highs on Thursday. However, a senior administration told CNBC that there is “no discussion of lifting tariffs now.”
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