Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war le...
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. REUTERS/Stringer
“We expect tariffs targeting the remaining $300bn of US imports from China to go into effect,” the bank said in a note sent to clients. The United States also declared China a currency manipulator. China denies that it has manipulated the yuan for competitive gain. Goldman Sachs said it lowered its fourth-quarter U.S. growth forecast by 20 basis points to 1.8% on a larger than expected impact from the developments in the trade tensions.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Goldman Sachs cuts growth forecast as trade war triggers recession fearsGoldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events.
Consulte Mais informação »
Sell Caterpillar Stock Because the Industrial Economy Is Slowing, Goldman Sachs SaysGoldman Sachs is getting defensive and cut its rating on several equipment suppliers Thursday morning, including Caterpillar stock. Buying Wabtec stock, though, is one way to play defense.
Consulte Mais informação »
Goldman Sachs cuts growth forecast as trade war triggers recession fearsGoldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events.
Consulte Mais informação »
Wall Street ends down amid more trade woes, high volatilityU.S. stocks fell on Friday following renewed jitters over the U.S.-China trade w...
Consulte Mais informação »
70% of shoes sold in the US come from China. With new tariffs, the industry braces for a hitThe U.S. footwear industry is now one of the biggest victims in the escalating trade war with China.
Consulte Mais informação »
Wall Street analysts worry these stocks are caught in the deepening US-China trade warCNBC combed through Wall Street research to see which stocks would be hurt most by the ongoing US-China trade war.
Consulte Mais informação »