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Business News

Trump determined to hit China as tit-for-tat tariff war erupts

WASHINGTON/BEIJING (Reuters) – China has underestimated President Donald Trump’s resolve to press ahead with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade advisor said on Tuesday, in comments that undercut the chances of a negotiated settlement to a looming trade war between the world’s economic superpowers.

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Trading Ideas

A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet

While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game. …read more […]