International Relations

[New] Oil markets are under pressure from concerns that the U.S.-China trade war could trigger a recession and have largely shrugged off geopolitical threats this year.
[New] There has been no shortage of global uncertainty driving the gold price higher this year - from the ongoing US-China trade war, slowing global growth and recession fears, tensions between the US and Iran, the Hong Kong protests and the ongoing Brexit saga.
[New] Saudi Arabia is actively working to support oil prices amid growing fears of worsening global demand conditions, reflecting the escalating US-China trade war and the potential of a US recession by next year.
[New] With the US and China engaged in an escalating trade war, the US threatening to impose additional tariffs on cars and China continuing to promote national champions, global trade and the world trading system are increasingly under severe threat, with direct consequences for the EU.
[New] Iran will send a ship to New York City with a nuclear bomb on it, to explode it right next to the United Nations, and that attack will initiate World War 3.
Some new developments, such as new tariffs on Chinese goods, have stoked fears of further escalation in the US-China trade war.
With US president Donald Trump threatening to authorise the next tranche of trade tariffs (25% on the remaining $300 billion of Chinese imports, with China considering countermeasures), the negative impact of a trade war on the Chinese economy could be significant.
Fears of the U.S.-China trade war leading to a recession are increasing and Goldman no longer expects a trade deal between the world's two largest economies before the 2020 U.S. presidential election.
The US-China trade war will leave both countries worse off in coming years, according to an analysis of current and threatened trade scenarios that is based on a global simulation model of the world economy.
Fears of the US-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world's two largest economies before the 2020 US presidential election.
The American Petroleum Institute warned Trump that his trade war with China is harming the oil and gas industry and poised to cause more damage.
As the Chinese auto market is expected to continue to slow amid the trade war with the US and a decelerating domestic economy, EV makers will be left to navigate under their own power.
The US national debt could climb to as high as 105 percent of GDP by 2029, higher than any point since the years following World War II.
Although a trade war initially lowers the share of U.S. capital owned by foreigners, it will actually increase the amount of American business capital owned by foreigners, by almost $1 trillion by 2028.
If freight is impacted by a trade war, it could drive rates negative earlier this year, conversely, any trade deal with China could be a boon.
The threat that the trade war might expand into a currency battle has raised the odds of a U.S. recession at the end of next year.
Markets have now realized that trade deal with China may not even happen in 2019 and tariff war between the two countries will only escalate for now.
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, with farmers in the South poised to see higher rates than in the Midwest.
The deepening trade war between the US and China will cost $455bn (£366.8bn) in lost output next year and businesses are cutting back.
The soy industry had grown so heavily dependent on China - which before the trade war purchased 60% of U.S. soy exports, worth about $12 billion - that its more recent efforts to find new markets could not make up for the business it lost in the trade war.
More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an escalating trade war with China will hurt families, jobs and the U.S. economy.

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Last updated: 17 September 2019