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Stock impact report

US-China trade war could soon pose a serious economic threat [MSN Money]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: MSN Money
© The Associated Press In this Aug. 29, 2018, photo, a man works in an auto parts factory in Liaocheng in eastern China's Shandong province. The Trump administration announced Monday, Sept. 17, 2018, that it will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. (Chinatopix via AP) WASHINGTON — Seeking better-skilled workers, Cedar Electronics decided last year to return some of its manufacturing to the United States from the Philippines, only to run smack into a worsening U.S.-China trade war. Cedar makes radar and laser detection systems. When it shifted the assembly of those machines to Westchester, Ohio, it provided jobs for 30 people. Yet with President Donald Trump escalating his tariffs on Chinese imports, Cedar must now pay hefty taxes on critical imported parts — tariffs it didn't have to pay w Show less Read more
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