Markets

US factory activity slows as coronavirus slams global supply chains

Key measures of US manufacturing activity in the US fell in February as a novel coronavirus spread outside of China to more than four dozen countries. The outbreak has disrupted global supply chains and raised broader concerns about global growth. “Coronavirus-related supply chain issues threaten to constrain production in coming […]
US factory activity slows as coronavirus slams global supply chains
Markets

World stocks are plunging after US manufacturing hits a decade low

World stocks dropped on Wednesday after US manufacturing activity slumped to a decade low, fanning fears of a global slowdown and greater fallout from the US-China trade war. The Institute for Supply Management recorded a 1.3-point decline in US factory activity to 47.8 last month, after IHS Markit found German […]
World stocks are plunging after US manufacturing hits a decade low
Markets

‘Playing with fire:’ Economists warn the fallout of Trump’s trade war is showing up and that things could get a lot worse

The Trump administration has placed import taxes on hundred of billions worth of products so far. Meanwhile, some key measures of American business conditions have weakened. As tariffs raise costs and create uncertainty, economists say conditions could worsen. As President Donald Trump maintains a flurry of protectionist policies, key gauges […]
‘Playing with fire:’ Economists warn the fallout of Trump’s trade war is showing up and that things could get a lot worse
News

We just got a new sign that Trump’s tariffs are causing panic among US businesses

US manufacturers and agricultural producers are starting to worry about President Donald Trump’s trade fights. The latest ISM manufacturing survey showed that metals producers are concerned about the steel and aluminium tariffs. A new index of agricultural producers also showed farmers getting hit by Trump’s trade battle with China. US […]
We just got a new sign that Trump’s tariffs are causing panic among US businesses
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