Daily Archives: 05/07/2019


Wall Street Slips as US-China Trade Fears Rise

U.S. stocks slid Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while …


US Lawmakers Alarmed by New Trump Tariffs on Chinese Goods

U.S. President Donald Trump’s intention to further hike U.S. tariffs on Chinese goods has alarmed American lawmakers of both parties who fear dire economic consequences from escalating tensions between the United States and its trading partners. “I’m anxious for the …


US Commerce Secretary Urges India to Open Markets Further

U.S. Commerce Secretary Wilbur Ross said on Tuesday that American technologies and expertise could play an important role in developing India’s economy, but were facing significant barriers to accessing its markets. Ross told a gathering of business leaders in New …