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7.43863129183554E-05 4.95908752789036E-05 0.000297545251673703 0.00133796181502605 0.000148772625836852 0.000743863129184258 -0.000297545251673703 -0.000719067691544806
Stock impact report

Trade War Update: China Cuts Tariffs, Signaling December Truce [Forbes]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Forbes
China and the U.S. can’t agree on soy export increases, but China’s decision to cut tariffs on soy and pork are just as good for now and signals a high probability that Washington will not raise tariffs on December 15. After the Asian market closed on Friday, China’s Customs Tariff Commission announced it would exempt U.S. soybeans and pork from the current tariff regime. “The olive branch gesture should help continue talks,” says Brendan Ahern, CIO of KraneShares in New York. China is still insistent that existing tariffs on their exports be removed as a condition to a phase one trade deal, though this is a total non-starter with Washington. Removing tariffs would be a return to status quo. Washington’s overall strategy seems to be to make China as costly to do business in as other emerging markets. By taking blue collar manufacturing out of China, something China helped facilitate in the U.S. over a generation, China is forced to rethink what to do with its lower skilled, manual lab Show less Read more
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