DONALD TRUMP

Profit Shifting Rules Hiking Tax Burden: Credit Suisse

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Switzerland's second-biggest bank Credit Suisse has stated that it fears a higher tax burden for 2018 than it had forecast earlier. This follows changes in the U.S. tax provisions aimed at preventing companies from shifting their profits abroad.
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US Markets May Open Lower: Oil Up, Gold Steady

Top stock index futures in the U.S traded lower Wednesday morning after President Donald Trump’s State of the Union address. At 3 a.m. ET, Dow futures slipped 48 points, hinting negative open of more than 80 points. Futures of S&P 500 and the Nasdaq also traded lower.
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US Markets Set For Slower Start: Oil Up

The U.S markets may have a lower opening Tuesday. This was indicated by a slight drop in the U.S. stock index futures. Dow futures slipped 24 points at around 3:20 a.m. ET, hinting negative open of more than 22 points. Both S&P and Nasdaq futures were also tad down.
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US Tariffs Injured China, New Shutdown Possible, Says Trump

President Donald Trump has said the U.S tariffs injured Chinese economy and it is paying a big price. Speaking at the CBS News' “Face the Nation,” Trump touched upon a variety of issues including trade with China and state of the American economy.
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US-China Trade Talks Could Reach ‘Biggest Deal Ever’ Soon, Says Trump

The trade talks between the U.S. and China are sending out positive signals. Chances of a mini-deal were evident in the words of President Donald Trump who declared that he was looking forward to sealing a comprehensive trade deal with China after meeting with his Chinese counterpart Xi Jinping.

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