Apple Inc fell 2.0 percent in premarket trading after Trump said that tariffs could also be placed on laptops and iPhones imported from China. Trump also said it was "highly unlikely" he would accede to Chinese requests to not institute additional tariffs.
The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, Federal Reserve Vice Chair Richard Clarida said on Tuesday. He said it was "highly unlikely" he would accept China's request to hold off on the increase, planned for January 1.
Speaking to the Wall Street Journal, Trump said that the only deal he would take from China would be to open up to U.S. competition.
Trump's threat of broader tariffs comes ahead of this week's G20 summit in Argentina where he's expected to meet with Chinese president Xi Jinping.
"People want to believe that something good is going to come from the G20" meeting, said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in NY.
"The only deal that would be really acceptable to me.would be China has to open up their country to competition from the United States", the president told the newspaper.
Gunman dead and 2 wounded in Alabama mall shooting
One teen is dead and two others have been injured following a shooting at an Alabama mall prior to Black Friday shopping . One Twitter user said: 'I'm in the parking lot of the Riverchase Galleria in Alabama where a shooting just happened.
"We're going to make a great deal with China and everybody hopefully will be very happy, including China".
"Perhaps we can break through in Buenos Aires or not", he said.
If Trump decides to impose the new tariffs, the total amount of taxes on goods from China would be up to $517bn. Beijing responded by slapping $50 billion of USA products with additional levies before Trump escalated the trade dispute further by adding taxes to another $200 billion in Chinese products. Since then, communications have picked up between the two sides, said Kudlow.
Asked point-blank if he can count on Trump, Poroshenko answered diplomatically: "This is the worldwide obligation of the United States". Once the chain is broken, the United States would be affected too'.
The World Trade Organisation has revealed tariff measures imposed by G20 countries have reached record highs and now cover $481 billion worth of global trade. What would the United States do?' Xu told a small group of reporters in Beijing on Tuesday, adding that China accounts for at least half of the market for many US listed companies.
A Russian cargo ship is seen beneath the Kerch Bridge connecting the Russian mainland with the Crimean Peninsula on November 25. A tanker under the bridge shut all navigation from and into the Sea of Azov .
News agency PTI reports, quoting locals, that most of the victims were school children returning home after half-a-day at school. Preliminary reports suggested that negligence on the part of the driver who has been booked, officials said.
According to a new study , these changes will cause a dramatic increase in the number of people living with diabetes. Insulin is needed to treat all people with type 1 diabetes and some people with type 2 diabetes.
Bolton, who has said time and time again that when he gets the chance to pick the ball up, that's exactly what he's going to do. On offense the Sooners surpassed 290 rushing yards for the sixth straight game, coinciding with their six-game winning streak.
Schmidt played the role of mentor when he went to France and convince Sexton to end a largely unhappy two years at Racing 92. If a No.10 wins an award like this it is down to the team around him and the coaching he gets making his job easier.
Priyanka's head over heels in love with Nick and she really feels like her palace wedding will be a magical fairytale wedding. One day earlier, Jonas teased that he was getting ready to travel somewhere, tweeting, "See you later NYC".
If you wanted the Google Assistant, you'd first need to open the Assistant app, and then say "Hey Google" or type in a command. Google has made a decision to take advantage to this, by enabling it's Assistant to launch via Siri Shortcuts.
Crews are sifting through ash and debris looking for human remains while also trying to fix power, telephone and gas utilities. Some 4,000 firefighters from throughout the state and the West battled the flames at the height of the fire.
The tree is decorated with patriotic ribbon and invites guests to write digital messages to loved ones on duty and overseas . The East Wing features trees decorated by Gold Star families who made the ultimate sacrifice for their country.
Nooses, hate signs found at Mississippi State Capitol Monday
She later apologized "to anyone that was offended". "If he invited me to a public hanging , I would be on the front row ". If elected, Espy would be the first black person elected to the Senate from the state since the era of Reconstruction.
General Motors to slash 14,700 jobs in North America
About 6,000 factory workers could lose jobs in the USA and Canada, although some could transfer to truck and SUV plants. In the short term, I urged GM to at least reallocate some of the production and employees to the Toledo GM plant.
At least 29 dead after cruise boat capsizes in Uganda
The boat's passengers, in a party mood halfway through their journey, likely panicked when the vessel started to sink, he said. Local government official Richard Kikongo said: "A big storm hit". "It can be fine on land but bad weather on the lake".