China and US trade negotiations continue today. Trump said that the negotiations are positive and as soon as it is finalized, he will sign it on behalf of his country, no need for politically complex Congressional Approval Process. He called it a fast and clean deal! Gold price dropped 01% in response to this news…
According to CNBC, the trade war between China and US caused a serious challenge for US economy. Pantheon analysts believe that an agreement between China and US till the end of 2019 should be forgotten and added that both China and US economies are negatively influenced by the cold war. Investigation of the US economic…
Donald Trump said on Tuesday that its government can make an agreement with China by next year in order to avoid hurting the American economy before the 2020 elections, and if it doesn’t happen before the election, it may occur one day after it! Trump told China that any agreement after November 3rd 2019 will…
Fitch Ratings Inc. and Moody’s as two of the biggest credit rating agencies announced that both China and US are approaching a lose-lose situation through the cold war. According to Rick Helfenbein, president and CEO of the American Apparel and Footwear Association (AAFA), “The trade war is like a family argument, which at one point…
Automobile car sales of China, the biggest car market worldwide, fell 6.9% in August compared with the same period last year. It is 14 months that China vehicle market is bearish. On the other hand, the sale of electric vehicles also decreased for the second month. It is the first time since 1990 that China…
Beijing and Washington are going to start trade negotiations in near future, trying to end the cold war. At the same time, on September 11th 2019, China declared that it will remove tariffs on 16 US products including medicines and insecticides. Moreover it seems that China will accept the purchase of more agricultural products from…
Economic analysts mainly have two different opinions on whether the US and China trade war will affect on economy of Iran or not. The first group believes that due to the low role of Iran in global economy, this influence is insignificant and not considerable. While the second group of analysts think that Iran will…
Fitch Ratings Inc. as one of the big three credit rating agencies declared that global tensions and cold war have caused the economy to be suppressed. Gross domestic product (GDP) in 20 superior world’s economies, developed or developing, had a bearish trend from the second half of 2018 until now! Weak internal demand and real…
China’s Yuan currency experienced its biggest monthly drop in last 25 years. Yuan decreased 3.85% against the US dollar in August because of trade war between China and US and the weak economic growth of China. Analysts expect Yuan to continue this bearish trend as Chinese authorities try to offset the influence of higher US…
What do the Americans against Trump’s new tariffs on Chinese goods say? Last week Donald Trump, president of the United States, declared that tariffs on Chinese goods and products will be raised. Some of America’s businessmen warned that this rule will significantly face the America’s production section that is currently sluggish with new problems. America’s…
