Why investors are concerned about U.S.-China trade war

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  • Published on May 15, 2019
  • China raised tariffs on $60 billion worth of U.S. goods in response to a similar move by the Trump administration. As a result, stocks plummeted on Wall Street. Scott Gamm, a market and business reporter for Yahoo Finance, joined CBSN to discuss.
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Comments • 177

  • Steve Rondon
    Steve Rondon 18 days ago +16

    Obviously, the bitcoin is set to do as expected after testing $8,690 even though the price still moves sideways as long as support keeps hold. The smartest thing as an entrepreneur to do now is to keep piling up on the coins while anticipating the full blast of the bull run which we are already in. One of the ways to go about this from my experience is dollar cost averaging which i did for some time until i read about Mr Philip Jackson and after contacting him about 5 months ago, he made me understand its less pressuring to grow my portfolio not by continuously buying more coins but by trading after buying. I tried that using his signals and trade strategies with my little holdings of just 3btc and now, my portfolio has grown to an unbelievable size. Before now, i had used some other signal providers but the level at which Philip signals is accurate is just outstanding. I think anyone serious about making strides in the crypto business today must have a piece of Philip Jackson. His contact details are CryptoPhilipJack@gmail/com for any inquiries relating to crypto trading and strategies

    • Stone Austin
      Stone Austin 18 days ago +1

      I lost a chunk of my savings to some crypto based scheme only to find out about Philip later on. Well, with his guidance i recovered most of it by trading his signals starting off with just 1 btc. He is really good at it

    • Smith Raphael
      Smith Raphael 18 days ago +5

      It is $8,700 now
      It keeps rising

  • indiana jones
    indiana jones 21 day ago

    Trump: Xi you are making too much money from export in USA but you don't import anything.
    Xi: What do you mean? 60% of those importing to USA are USA companies.
    Trump: I don't care. I will slap you with 10% tarrifs if we can't negotiate a deal that makes me look good in 2020 elections.
    Xi: Well go ahead then. I will slap you with tariffs as well.
    Trump: Ok there you go . *slaps 10% tarrifs
    Xi: Ah you silly. *slaps 20% tarrifs
    Trump: You wanna play tough . Ok. *slaps 25% tarrifs
    Xi: You are funny Donald we barely import anything. You are only hurting your own companies.
    Trump: I guess you are right. Ok watch this. *bans Huawei tech and networks.
    Do you want to negotiate now or you want cold war?
    Xi: No thanks Donald. We good. I guess is time to check on my rare earth resources * wink , wink*
    Trump: Are we going to negotiate?
    Xi: Nah sorry i'm busy with playing this 1960s trade war song.

  • Kaying Khang
    Kaying Khang Month ago

    Omg this is bad no wonder there was a bike commercial

  • Kaying Khang
    Kaying Khang Month ago

    I'm just worried where USA oil gonna come from if the other countries find out...how many cars we have.

  • Kaying Khang
    Kaying Khang Month ago

    thexvid.com/video/azVfIZmkZeI/video.html just watch this guys is it a dumb understand

  • Tewthpaste
    Tewthpaste Month ago +2

    *im not even concern. i dont have any investment in those company or that section of the stock market. i go for marijuana and thats where the future is. Money is falling from the sky for me there.*

  • Adam C
    Adam C Month ago

    Its obvious that americans will pay the tax, and since you can do anything you want to americans and they dont mind just go ahead trump: Put 1000000000 trillion tarrif on china. No one will do anything.

  • Kushal Kumar
    Kushal Kumar Month ago

    News reports on 14 May , 2019 say that China has hit the U.S. with higher tariffs effective from 1 June 2019 on items including frozen vegetables and liquefied natural gas. A substantial impact of Chinese retaliatory tariffs seems to be on farmers. Such like agricultural commodities as ‘ soyabean’ , ‘frozen vegetables’ are feared to be impacted. The Trump administration is devising an appropriate aid measure to farmers to set off or compensate them against likely consequences of Chinese retaliatory higher tariffs. Closely relevant to these developments , it may be apt to bring out here this Vedic astrology writer’s predictive alert to the U.S. on 1 October , 2018. The said alert in article - “ Astrological probable alerts for the U.S. in 2019” - was published last year on 1 November 2018 in monthly Webzine of Wisdom Magazine at wisdom-magazine.com/Article.aspx/4897/. The alert unambiguously and with absolute clarity relating to the said scenario on farmers produce as a consequence of Chinese retaliatory tariffs announced on 14 May 2019 is found described like this in the article :-
    “ 3 . June - July Around in 2019. ..................................Hotel industry or produced commodities having taste or smell may be in the centre of strategic maneuvering or competition between U.S. and competing nations. These trends are likely to be there during the course of the year in some hidden form but are expected to be announced in April - May or September - October , in 2019.” The alert is clearly relating to produce of farmers and is confirmed on ground by the trade war between the US and China.
    Later , separately , through another predictive article - “ World trends in April to August 2019” - brought to public domain widely in March and subsequently on 5 April , 2019 , this writer has alerted that a period of four and a half months from mid - April to August , more so June , in 2019 , has tendencies to give rise to major worrisome concerns , calling for more care and appropriate strategy. Decision -making nature involving financial and economic issues could be impacted.

  • BesteKanaal1
    BesteKanaal1 Month ago +1

    why is the news lady asking these questions like she doesn't really care?

  • Jon Davis
    Jon Davis Month ago

    I have a investor for 1 million dollars. Should I tell him about this lol

  • Marcin Nowicki
    Marcin Nowicki Month ago

    What a dramatic developments! I am planning to become a monk,

  • Yokel Canyon
    Yokel Canyon Month ago

    Trump claims "we re-build China". The fact is that US never heavily invested in China - less than 1% of US foreign investment. Secondly, if US was able to re-build a foreign country, why don't Trump/Pence rebuild Mexico? Honduras? It will solve the illegal immigration problem. So it is a lie.

  • eye lenz
    eye lenz Month ago

    And people thought tgere qas going to be a wall . ... Lmfao with what money???? Wait trump is don't this too all of us . lol

  • eye lenz
    eye lenz Month ago

    Wtf is a tariff lmao

  • Bill Pool
    Bill Pool Month ago +10

    The guy who lost more money than anyone in America for 10 years straight, thinks he knows business.

  • mike
    mike Month ago

    New Fake news

    • kupekhaize1980
      kupekhaize1980 Month ago

      Better than a fake president. See, we can both spew BS. It doesn't make it true.

  • Weihan Xingqi
    Weihan Xingqi Month ago

    "Concerned"? They are in UTTER PANIC! Not even the almighty FED can rescue the US out of this one.
    PREPARE for the mother of all COLLAPSES!
    www.zerohedge.com/news/2019-05-14/china-calls-peoples-war-against-us-vows-fight-new-world

    www.newstimes.com/technology/businessinsider/article/Beijing-calls-for-a-people-s-war-against-the-US-13843480.php

  • dephxaz
    dephxaz Month ago

    Trump is working so hard for the American people to make America bk again, that he has to go to Maralago to deflated himself at least 5 time a week!!! Poor guy.

  • dave d
    dave d Month ago +1

    The Mainstream Media's portrayal of President Trump and his Supporters, has become so vile and insulting, that I no longer feel comfortable associating with anyone who watches the Mainstream Media. I am shunning them out of my life.

    • Luminous Space
      Luminous Space 24 days ago

      @Cieló Soulé white nationalist on a land that not really theirs, native are completely forgotten the white forget their own history lol

    • dave d
      dave d Month ago

      @Cieló Soulé *YOUR* bigoted judgementalness against Republicans comes from a lifetime of hearing a biased left-wing Media that ALWAYS SIDES WITH THE DEMOCRATS. In a year, you will be mortified at the opinions you have now. The Coup D'état that was just attempted against President Trump has fallen apart. The new Special Prosecutor will send MANY to prison. You will have a COMPLETELY different opinion about your own opinions!

    • Cieló Soulé
      Cieló Soulé Month ago +1

      @dave d Trump has welcomed "White Nationalists" into his administration. If that is not itself divisive and un-American, I do not know what is.

    • dave d
      dave d Month ago

      @kupekhaize1980 The Mainstream Media has successfully DIVIDED America. Now comes the CONQUER part. Not by military, but by foreign invasion and the dissolution of our National Culture, and Identity.

    • kupekhaize1980
      kupekhaize1980 Month ago

      Highly amusing considering many of us feel the same about Trump's supporters. I've literally disowned family members because I got tired of hearing them spew Fox News' talking points. The few things he does right (and there are a few, surprisingly) do not overshadow him believing he is above the law and can do anything he wants and then just issue pardons later.

  • Yingsen Du
    Yingsen Du Month ago

    chinese maybe willing American win

  • petey1115
    petey1115 Month ago

    Bynd did well today

  • Keath Even
    Keath Even Month ago

    we are already paying for these bad CLINTON trade deals when Obomer took office in 2009 our national debt was 6.5 trillion dollars when Obomer left office our national debt was 19.75 trillion dollars and no jobs where is our money we don't tax the rich. We should hold the wall street bought and paid for politicians accountable and sentenced them for treason !!!!!!!!!!!!!!!!!!!!

  • ice man
    ice man Month ago

    because liberals care more about the discount they can get for a pair of shoes than selling the country to china

  • D Ou
    D Ou Month ago

    THE RISE OF CRYPTO

    • communistjesus
      communistjesus Month ago

      D Ou 💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩+ Crypto currency 💩💩💩💩💩💩💩💩💩💩💩💩💩too.

  • HatRatt
    HatRatt Month ago

    Why not forget trade with Communist China and move to trade with democratic nations? It will take time and there would be a period of scarcity of products but it would be worth it, in the long run, to trade with democratic nations rather than Communist nations who violate human rights.

    • Hu Andrew
      Hu Andrew Month ago

      @kupekhaize1980 you would know, jeez

    • kupekhaize1980
      kupekhaize1980 Month ago

      @J K "I visited china few times." Sure you did, Komrade.

  • TUNESMITH da INFINITY Tunegate

    China needs to STOP BEING SOFT AND AT LEAST RULE FINANCIALLY

    • TUNESMITH da INFINITY Tunegate
      TUNESMITH da INFINITY Tunegate 28 days ago

      Ann Young But China is still a manufacturing giant luxury Automotive, Individual credit, and FARM PIGS to say the least

    • Ann Young
      Ann Young Month ago

      TUNESMITH da INFINITY Tunegate America is pulling hundreds of companies out of China due to tarriffs and outrageous taxes and putting them in India

  • Rusty Shackleford
    Rusty Shackleford Month ago

    It sucks when you have to pay Americans a living wage in order to put Goods in American markets. Especially when you have been flooding the American Market with Goods from Nations We the People are forced to work for a couple fish heads and a bowl of rice. I for one would be willing to pay double for the Chinese crap that they're pumping out of Walmarts as long as I will be able to slip into finely made $20 shirt from North Carolina 5 years from now.

  • Iam Negan
    Iam Negan Month ago

    IN TRUMP WE TRUST. MAGA

  • yoyodud67111
    yoyodud67111 Month ago

    Yahoo news lmao

  • TipOfTheSpear
    TipOfTheSpear Month ago +3

    Stopped watching the moment I heard yahoo

  • big l
    big l Month ago +3

    2:00 that guy in the back is me when new Taffiffs are announced

  • KiTT FOXXE
    KiTT FOXXE Month ago +1

    Good time to buy

  • Roger Pauley
    Roger Pauley Month ago +2

    Why the rich are worried about their money.How does this affect me on SS ??Or someone making less than 25,000

  • Steve Brule
    Steve Brule Month ago

    Bitcoin

  • Matthew Yee
    Matthew Yee Month ago +1

    S P O O K E D

  • Alvin Cly
    Alvin Cly Month ago

    Bringing the Greedy larger companies back to stay within the US.

  • Alexa president of the Lorraine Bobbit fan club

    Trump said earlier that our coffers are filling up cause of the tariffs .my guess is they are also filling trumps off shore accounts too . He has robbed everyone he has ever had business with or trusted in him . . That means .it's our turn next . All 330 million of us ..can trump alone take down our entire country ?I think so. You have to remember for 10yeara Trump was the biggest loser in America lost more than any other tax payer or business owner. .now he is bringing thwt kind of expertise to all of us wheyher we want it or not .his next book. How to bankrupt an entire country .

    • JSTR
      JSTR Month ago

      ApotLBfc - Put your money where your mouth is and VOTE.

    • Alexa president of the Lorraine Bobbit fan club
      Alexa president of the Lorraine Bobbit fan club Month ago

      @HatRatt can you prove that isn't happening ? Ted can prove that it probably is , just on circumstantial evidence alone. .And you got hogwash ?

    • HatRatt
      HatRatt Month ago

      Utter hogwash!!

  • Amber Ambwee
    Amber Ambwee Month ago +5

    Getting my B.S in accounting while the Trump administration runs just makes me more anxious the more I learn about codes, ethics, laws, etc.

    • Taylor Isaac
      Taylor Isaac Month ago

      @Amber Ambwee always 👩‍🎓

    • Amber Ambwee
      Amber Ambwee Month ago +2

      Taylor Isaac Keep going! I bet trump couldn’t even pass a basic organizational behavior class. 😂 Let alone anything about how the economy actually works.

    • Taylor Isaac
      Taylor Isaac Month ago +1

      @Amber Ambwee through all this, somehow we are still growing ✌

    • Amber Ambwee
      Amber Ambwee Month ago +1

      Taylor Isaac I’m so glad I’m not alone!

    • Taylor Isaac
      Taylor Isaac Month ago +1

      Girl same!!!

  • Sterling Lowery
    Sterling Lowery Month ago +1

    A good economy is one your prepared for.

    • communistjesus
      communistjesus Month ago

      Sterling Lowery I just done them there FARTED 😖😖😖💩💩💩💩😖😖😖😖

  • Susan Miller
    Susan Miller Month ago

    Pause this video for a minute, go outside, and look up. Notice how the skies look different than when we were kids? Ever wonder who they're terraforming the planet for? Keep your eyes open. Look up every day and watch what's happening. Be aware. Know, as you return to your regularly scheduled programming, that it's time to wake up now.

  • Kermit of Rivia
    Kermit of Rivia Month ago +2

    China numba won.

  • JC Denver
    JC Denver Month ago +5

    What Trump does hurt average people and big corporations.

    • Mr. Jack M
      Mr. Jack M Month ago +2

      Trump only hurts average people he is one of those big corporations himself!!

    • Paul Downey
      Paul Downey Month ago

      If Trump hurt s the average people and big corporations who do you miss

  • D Rock
    D Rock Month ago +1

    They’re losing money. DUH!!!

  • Rabinowitz Shekelstein
    Rabinowitz Shekelstein Month ago +34

    What CNN, FOX NEWS, MSNBC, etc. won’t tell you is that China has a monopoly on Rare Earth minerals which is used in everyday electronics. This is why they hold more sway in trade negotiations.

    • Luminous Space
      Luminous Space 24 days ago

      @Jon Cross tell me, is this how most of us citizen thinks or just several?

    • big l
      big l Month ago

      @kupekhaize1980 exactly, race to the bottom basically

    • kupekhaize1980
      kupekhaize1980 Month ago +1

      They don't have a monopoly, they just don't care about the environmental costs associated with rare earth processing, so they do it on a far larger scale then anyone else. Other countries could ramp up their production. Canada, Australia, the US, etc all have rare earth mines. They are just smaller in scale then Chinese operations due to extremely lax environmental protection laws in China versus the rest of the world.

    • big l
      big l Month ago

      Tips and Tricks sort of. The aren’t grabbing the resources they are just investing in the infrastructure there. The US could do the same thing if we wanted to spend our money that way

    • Russian Diplomat
      Russian Diplomat Month ago

      JSTR the world has just learned to except Chinese products. Even my five year old daughter understands Chinese toys won’t last very long lol

  • blaise gordon
    blaise gordon Month ago +2

    I hope it keeps going on both sides keep adding on

  • Levi Jesse
    Levi Jesse Month ago +2

    Bitcoin

  • Vero7BH
    Vero7BH Month ago +5

    Yahoo investor analyst.....

  • Stanley Roberts
    Stanley Roberts Month ago +1

    Before free trade America had great jobs every where after free trade great jobs left people lost houses everywhere more people on food stamps and all the other freebies in order to get the Country strong again free trade has to end go .Trump

    • big l
      big l Month ago +1

      @Stanley Roberts those jobs were likely only created because of free trade. america doesnt become a dominant power without it. learn some economic history you idiot

    • Stanley Roberts
      Stanley Roberts Month ago

      Keep being delusional if you want to , i knew an aweful lot of people that lost everything they had worked hard for because their jobs went to CHINA from FREE TRADE.

    • big l
      big l Month ago +1

      not what happened, America just lost our manufacturing edge

  • Big Bad
    Big Bad Month ago +1

    They aren't. It's just another spin to contribute to the dems attempt in overthrowing our gov.

    • kupekhaize1980
      kupekhaize1980 Month ago +1

      You're an idiot. And obstruction of justice is still obstruction of justice, whether you believe the investigation is a "witch hunt" or not.

  • Amellia Mendel
    Amellia Mendel Month ago +2

    Poorly informed Yahoo journalist all my stocks are booming. Invest in AMERICA.

    • Amellia Mendel
      Amellia Mendel Month ago +1

      @big l Ford stock has been declining since 2015. I guess that was Trump too. You do know how to open up stocks 5-year value tend right? That's why I specifically asked stocks that have lost value that we're not already losing value in 2016, try again. You're such an idiot you don't even know how to look up a stock and look at it 5 year tend and you call me an idiot. Face it you don't understand the market. I hope for your sake whatever investments you do have are managed by someone other than yourself.

    • big l
      big l Month ago

      @Amellia Mendel look at ford stock, literally any stock. youre such an idiot haha

    • Amellia Mendel
      Amellia Mendel Month ago

      @Cosmo Joe You sure about that. Apple's stock price in May 2016 was 186.30 and closed yesterday at 188.66. They're losing billions, smh. You people just hear a headline on CNN or Yahoo and think you're informed, sad

    • Amellia Mendel
      Amellia Mendel Month ago

      @big l Stocks are booming. Please tell me about a single stock that's lost value since 2016 that wasn't already declining in 2016? How about you prove how smart you are with some actual data? Please explain how stocks aren't booming with actual data. I voted for Hillary, so I guess your wrong about that too.

    • big l
      big l Month ago

      @Amellia Mendel no i dont. youre the idiot that said "stocks are booming MAGAGAGA" Trump supporters have to keep justifiying more and more ridiculous things each day

  • First Last
    First Last Month ago +17

    They couldn't find a real expert, so they bring in Borat.

  • robert shuman
    robert shuman Month ago +1

    Wrong war

  • jabberwolf
    jabberwolf Month ago +2

    The real reason we have tarrifs but cbs won't report why.



    thexvid.com/video/oSjlGNaWPbc/video.html

  • American Paisa
    American Paisa Month ago +3

    We DON’T want China to succeed.
    We want America to succeed.
    Never forget that!

    • kupekhaize1980
      kupekhaize1980 Month ago

      @Kevin Arzola You're out of your mind. The only reason people use China for manufacturing is that it is cheaper to run the factories there with the lower labor costs versus most other places, and it maximizes their profits. As soon as that stops happening, companies will drop China like a bad habit and go somewhere else. Neither country needs each other, and lots of other places could pick up the slack given enough time to ramp up their manufacturing base.

    • Kevin Arzola
      Kevin Arzola Month ago

      kupekhaize1980 China is the #1 exporter in the world. They don’t need us. We need them.

    • kupekhaize1980
      kupekhaize1980 Month ago

      @Kevin Arzola China is independent? Uhh what? They can't grow enough food to feed their people; they have to import a huge amount of wheat, grain, etc to feed livestock and they import soybeans like nobody's business (just not from America any more). Neither country is "independent", and products from both countries could be replaced in house or via trading with another country as needed. Either country could either ramp up production or imports from other countries to replace anything they are missing, given enough time, the willingness to do so, and the likely increase in costs.

    • Lakesha
      Lakesha Month ago +2

      We actually do want China to succeed cause most of the stuff we need comes from China

    • Kevin Arzola
      Kevin Arzola Month ago +3

      The problem is that China is independent. The US is dependent. Unless we start increasing our exports and somehow get good deals here (which is impossible due to Mexico and China imports), we shouldn’t be picking on China like this.

  • roger Brownfield
    roger Brownfield Month ago +71

    China has a plan for the future called the Belt and Road. The west has a future plan called debt and war.

    • wanan chen
      wanan chen 26 days ago

      @Jon Cross How do you know you don't live in China?Is the media not faking it or vilifying it?Who will prove the authenticity of these media?

    • Someguyto
      Someguyto Month ago

      The Federal Reserve can just start up the printing presses and print out more money. Everything will be fine.

    • Jon Cross
      Jon Cross Month ago

      @Mengshi Ren Yea I mean it stinks and we get hurt to since it is a type of "war" but China steals intellectual property, does not honor business ethics and laws, use child labor, installs suicide nets around factories. And discriminates against women. So something just plain has to be done. They are in truth an enemy, a terrible regime

    • Mengshi Ren
      Mengshi Ren Month ago

      @Jon Cross the problem is that you have to pay for the lost revenue since it's impossible to build up so many factories in one day.

    • Kuro Usagi
      Kuro Usagi Month ago

      John Lu assimilating resources? That would be the Chinese. Not the Americans. Even when the Americans invaded Iraq, they didn’t take the oil, contrary to popular belief. Ironically the largest holders of Iraqi oil fields are the Dutch and the Chinese.

  • Tony Chong
    Tony Chong Month ago +4

    Every country in the world are enjoying cheap Chinese goods except the stupid Americunts , I LOL ... 😁

    • Indrid Cold
      Indrid Cold Month ago

      Herro? Herro? It true. Right? How come I don't understand your Chinese? Maybe you are from the south? thexvid.com/video/BHvr_WH1cWM/video.html

    • Cool Pikachu
      Cool Pikachu Month ago

      Tony Chong and you say we are stupid 🤣🤣👌

  • Big A
    Big A Month ago +18

    If you timed the market perfectly and bought index stocks at beginning of year you would be up 12%, if you bought bitcoin in past 2 days you’re up 16%, if you bought it over a month ago, you’re up 56%+

    • communistjesus
      communistjesus Month ago

      Big A 💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩

  • Trumpster fire!
    Trumpster fire! Month ago +13

    Trump playing blind man's bluff.
    China playing chess.

    • wanan chen
      wanan chen 26 days ago

      @Jon Cross What's the point of playing chess if you can tell the difference between winning and losing?

    • kupekhaize1980
      kupekhaize1980 Month ago

      @J K China is only something like 20% of Apple's sales, and they have enough money in the bank per their financial disclosures that they could stop selling products for the next 10 years and keep all their current expenses and still be in business. They aren't going to go bankrupt losing China's sales. That said, since many of their products are made there, we are talking about a pretty massive impact in terms of both sales and production. It's still not going to bankrupt Apple though. Edit: spelling

    • kupekhaize1980
      kupekhaize1980 Month ago

      @Jon Cross Losing money 4x faster may not matter if your opponent has way more cash then you do, or is a government that can print more at will. You're not completely wrong but its a little more nuanced then you think, especially when we are also sanctioning other countries aside from China at the same time. The effectiveness goes down as more countries are included and they start creating revenue between themselves instead of each with the US.

    • Russian Diplomat
      Russian Diplomat Month ago

      Trumpster fire! China never develops anything. They wait for someone smarter to create and they steal it

    • Jon Cross
      Jon Cross Month ago

      China sells 4x more to U.S. then the U.S. sells to China.
      Simple math says that in a full blown trade war China will bleed 4x as fast as America.
      If you owned a store and you lost 4x the revenue as your competitor, guess who goes out of business first.
      America holds all the cards all the time, we are by far and I mean by far the most powerful and wealthy nation on the planet.

  • Chug-A-Lug Doug
    Chug-A-Lug Doug Month ago +10

    The truth is , people are sheep and afraid of the unknown.

  • Jimmi Padge
    Jimmi Padge Month ago +25

    Trump has no good or original ideas, he has been saying the same stuff since the early nineties.

    • redneckwormfarm
      redneckwormfarm Month ago +2

      Aww whats wrong gotta get a job now?

    • Bryan Wheelock
      Bryan Wheelock Month ago +1

      Couldn't even build his wall back when his party controlled Congress.

    • Jimmi Padge
      Jimmi Padge Month ago +8

      And it was just as vague and naive then as it is now.