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North Korea’s peace push gives the U.S. leverage. JPMorgan predicts dire trade-war related job losses for China.*And a super typhoon has its sights set on Asia.**Here are some of the things people in markets are talking about. The job losses would come if the U.S. imposes 25 percent tariffs on $200 billion in Chinese exports and China retaliates by devaluing its currency by 5 percent and adding to levies on U.S. goods, according to economists led by Haibin Zhu at JPMorgan Chase & Co. If China doesn’t retaliate at all, 3 million people could lose their jobs, they wrote in a research note Tuesday.
https://finance.yahoo.com/news/five-things-know-start-day-213946779.html?.tsrc=rss
North Korea’s peace push gives the U.S. leverage. JPMorgan predicts dire trade-war related job losses for China.*And a super typhoon has its sights set on Asia.**Here are some of the things people in markets are talking about. The job losses would come if the U.S. imposes 25 percent tariffs on $200 billion in Chinese exports and China retaliates by devaluing its currency by 5 percent and adding to levies on U.S. goods, according to economists led by Haibin Zhu at JPMorgan Chase & Co. If China doesn’t retaliate at all, 3 million people could lose their jobs, they wrote in a research note Tuesday.
https://finance.yahoo.com/news/five-things-know-start-day-213946779.html?.tsrc=rss
