‘You don’t do these things prior to negotiations,’ ex-diplomat says of US actions against China

A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, taken on taken on November 6, 2018. The latest U.S. actions against Chinese officials and companies don’t “set a good tone” for an upcoming high-level trade talk, a former American ambassador to China said Wednesday. Both announcements came just days ahead of a high-level trade meeting set to take place in Washington on Thursday and Friday. Max Baucus, former U.S. ambassador to China from February 20


A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, taken on taken on November 6, 2018. The latest U.S. actions against Chinese officials and companies don’t “set a good tone” for an upcoming high-level trade talk, a former American ambassador to China said Wednesday. Both announcements came just days ahead of a high-level trade meeting set to take place in Washington on Thursday and Friday. Max Baucus, former U.S. ambassador to China from February 20
‘You don’t do these things prior to negotiations,’ ex-diplomat says of US actions against China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: yen nee lee abigail ng, yen nee lee, abigail ng
Keywords: news, cnbc, companies, street, chinese, signs, taken, exdiplomat, prior, things, negotiations, china, tone, told, actions, dont, set, trade


'You don't do these things prior to negotiations,' ex-diplomat says of US actions against China

A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, taken on taken on November 6, 2018.

The latest U.S. actions against Chinese officials and companies don’t “set a good tone” for an upcoming high-level trade talk, a former American ambassador to China said Wednesday.

The Trump administration on Tuesday placed visa restrictions on Chinese officials it “believed to be responsible for, or complicit in, the detention and abuse of” Muslim minorities in China’s northwestern Xinjiang region. That followed a Monday move to blacklist 28 Chinese companies alleged to be involved in surveillance and detention of minority groups in China.

Both announcements came just days ahead of a high-level trade meeting set to take place in Washington on Thursday and Friday.

“You don’t do these things prior to negotiations. It does not set a good tone, that’s tactically. Strategically, all these actions — I think — are causing the Chinese to wonder: ‘What is the US’ real motive here?'” Max Baucus, former U.S. ambassador to China from February 2014 to January 2017, told CNBC’s “Street Signs Asia.”

Baucus, also a former Democratic senator from Montana, said the U.S. actions could simply be posturing ahead of the planned trade talks to get a better deal from China. But, “China will not be bluffed,” he added.

Taimur Baig, chief economist at DBS Group Research, echoed that sentiment. “There are ways of putting pressure — back channel diplomacy, implicit threats and so on, but this is very explicit (and) very noisy,” he told CNBC’s “Street Signs Asia.”

“The … potential loss of face for the Chinese is massive. I can’t imagine anybody rationally expecting a constructive outcome out of this,” he added. Baig also said the timing of the U.S. move “could not be worse” and it would “definitely backfire.”

Beijing, in response to the U.S. blacklist of Chinese firms, said it urges the U.S. to “stop interfering” in its internal affairs and suggested that it would retaliate against the American move.


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: yen nee lee abigail ng, yen nee lee, abigail ng
Keywords: news, cnbc, companies, street, chinese, signs, taken, exdiplomat, prior, things, negotiations, china, tone, told, actions, dont, set, trade


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

This is the best tone of voice parents should use to motivate their kids, researchers say

Researchers from Cardiff University tested two styles of speaking that have been shown to motivate people in different ways: controlling and “autonomous supportive.” A controlling tone is used to coerce someone to do something, whereas an autonomous supportive one encourages someone to make their own decisions. The researchers had 1,000 British children ages 14 to 15 years listen to mothers of adolescents read 30 sentences that were meant to be motivational instructions. Not surprisingly, they s


Researchers from Cardiff University tested two styles of speaking that have been shown to motivate people in different ways: controlling and “autonomous supportive.” A controlling tone is used to coerce someone to do something, whereas an autonomous supportive one encourages someone to make their own decisions. The researchers had 1,000 British children ages 14 to 15 years listen to mothers of adolescents read 30 sentences that were meant to be motivational instructions. Not surprisingly, they s
This is the best tone of voice parents should use to motivate their kids, researchers say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: cory stieg
Keywords: news, cnbc, companies, say, words, controlling, parents, kids, adolescents, teens, best, supportive, feeling, motivate, study, tone, mothers, researchers, voice


This is the best tone of voice parents should use to motivate their kids, researchers say

The tone that a parent uses when telling their kid to do something can go a long way.

When mothers use a tone that’s supportive rather than controlling, teens are more likely to follow through and have success with the task at hand, according to a new study published in the scientific journal Developmental Psychology.

Researchers from Cardiff University tested two styles of speaking that have been shown to motivate people in different ways: controlling and “autonomous supportive.” A controlling tone is used to coerce someone to do something, whereas an autonomous supportive one encourages someone to make their own decisions.

The researchers had 1,000 British children ages 14 to 15 years listen to mothers of adolescents read 30 sentences that were meant to be motivational instructions. The statements included, “It’s time now to go to school,” “You will read this book tonight,” and “You will do well on this assignment.”

(Since only mothers were used in the study, it’s unclear whether the findings would be different for father-child relationships.)

Then, the teens completed a survey about how they would feel if their mother spoke to them like the women they just listened to. Not surprisingly, they said they were more willing to put effort into completing tasks that were communicated using a supportive tone. They also reported feeling closer to speakers who adopted this tone.

When spoken to with more controlling and neutral tones, the teens said they felt the opposite way, and even reported feeling negative emotions.

“If parents want conversations with their teens to have the most benefit, it’s important to remember to use supportive tones of voice,” Netta Weinstein, an author of the study and a psychology lecturer at Cardiff University, said in a press release. “It’s easy for parents to forget, especially if they are feeling stressed, tired, or pressured themselves.”

Of course, tone is just one piece of the communication puzzle. The words a parent uses can also significantly affect a child’s willingness to listen. A 2005 study, for example, found that specific words and phrases, such as “you should” and “you have to,” can come off as controlling to adolescents. A more supportive way to frame instructions might be “I ask” or “I propose.”

“These findings elucidate how mothers’ spoken communications can impact adolescents, with implications for the quality of parent-child relationships, adolescents’ well-being and engagement,” the authors of the study wrote.

Past research has also shown that when parents give kids autonomy and support, they’re more motivated in school, get better grades and feel more competent.

Don’t miss:

Like this story? Subscribe to CNBC Make It on YouTube!


Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: cory stieg
Keywords: news, cnbc, companies, say, words, controlling, parents, kids, adolescents, teens, best, supportive, feeling, motivate, study, tone, mothers, researchers, voice


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

European stocks close lower as Trump faces impeachment inquiry, US-China trade tone hardens

European stocks closed lower on Wednesday, as political events on both sides of the Atlantic weigh on investor sentiment. Market focus was largely attuned to news of a bid from Democrats in the U.S. House of Representatives to impeach President Donald Trump. President Trump told the United Nations General Assembly on Tuesday that he would not accept a “bad deal” in trade negotiations, while China’s top diplomat said Beijing would not be threatened or allow interference in its affairs. Stateside,


European stocks closed lower on Wednesday, as political events on both sides of the Atlantic weigh on investor sentiment. Market focus was largely attuned to news of a bid from Democrats in the U.S. House of Representatives to impeach President Donald Trump. President Trump told the United Nations General Assembly on Tuesday that he would not accept a “bad deal” in trade negotiations, while China’s top diplomat said Beijing would not be threatened or allow interference in its affairs. Stateside,
European stocks close lower as Trump faces impeachment inquiry, US-China trade tone hardens Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-25  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, uschina, impeachment, hardens, lower, trump, zelensky, house, brexit, trade, faces, traded, tone, president, trumps, stocks, inquiry


European stocks close lower as Trump faces impeachment inquiry, US-China trade tone hardens

European stocks closed lower on Wednesday, as political events on both sides of the Atlantic weigh on investor sentiment.

The pan-European Stoxx 600 was 0.7% lower at the end of the session, with technology stocks leading losses on a 1.2% decline as almost every sector and all major bourses traded in the red.

Market focus was largely attuned to news of a bid from Democrats in the U.S. House of Representatives to impeach President Donald Trump.

The impeachment inquiry was announced by House Speaker Nancy Pelosi on Tuesday, and follows concerns over Trump’s efforts to push Ukraine to investigate the family of Democratic presidential hopeful Joe Biden.

The White House published a summary of a call between Trump and Ukraine’s President Volodymy Zelensky which revealed the U.S. leader asked Zelensky to “look into” former Vice President Biden’s son.

President Trump told the United Nations General Assembly on Tuesday that he would not accept a “bad deal” in trade negotiations, while China’s top diplomat said Beijing would not be threatened or allow interference in its affairs.

Stateside, stocks dipped after that release but traded higher on the back of Trump’s hint of fresh hopes for a trade deal between the U.S. and China.

Back in Europe, Brexit uncertainty continues to cloud markets. U.K. Prime Minister Boris Johnson was dealt a serious defeat Tuesday after Britain’s Supreme Court ruled his decision to suspend Parliament weeks ahead of Brexit was unlawful.

Johnson disagreed with the verdict and said he would take the U.K. out of the EU by an Oct. 31 deadline. He has faced increased calls from lawmakers to resign following the ruling. MPs reconvened in parliament on Wednesday, with opposition lawmakers buoyed by the decision but split on the best approach to Brexit from here.

In corporate news, Deutsche Bank’s Frankfurt offices were visited by German authorities on Wednesday seeking information in relation to Danske Bank, prosecutors said. The German lender’s stock ended the session 0.5% higher.


Company: cnbc, Activity: cnbc, Date: 2019-09-25  Authors: elliot smith ryan browne, elliot smith, ryan browne
Keywords: news, cnbc, companies, uschina, impeachment, hardens, lower, trump, zelensky, house, brexit, trade, faces, traded, tone, president, trumps, stocks, inquiry


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Bull market could survive Trump impeachment effort but get battered in the process

Many people think Trump delivered the goods — tax cuts, deregulation, and conservative judges.” Tom Block, Fundstrat Washington policy strategist, said the impeachment process could backfire on Democrats, just as the Clinton impeachment effort backfired on Republicans. “I think impeachment doesn’t hurt Trump. He said Trump would be comfortable fighting back at an impeachment process. Art Hogan, chief market strategist at National Securiities, said there is a risk that the impeachment process cou


Many people think Trump delivered the goods — tax cuts, deregulation, and conservative judges.” Tom Block, Fundstrat Washington policy strategist, said the impeachment process could backfire on Democrats, just as the Clinton impeachment effort backfired on Republicans. “I think impeachment doesn’t hurt Trump. He said Trump would be comfortable fighting back at an impeachment process. Art Hogan, chief market strategist at National Securiities, said there is a risk that the impeachment process cou
Bull market could survive Trump impeachment effort but get battered in the process Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-24  Authors: patti domm
Keywords: news, cnbc, companies, survive, senate, think, bull, trump, strategist, tone, process, battered, effort, doesnt, impeachment, talking, market


Bull market could survive Trump impeachment effort but get battered in the process

Stocks fell sharply , but the Dow rebounded from its lows after Trump tweeted that he would release the full declassified transcript of his conversation with Ukraine’s president. The market fell again when The Washington Post reported t hat Pelosi would announce a formal impeachment inquiry . The market’s sell-off was its largest reaction so far to any headline about impeachment and Trump.

House Speaker Nancy Pelosi told reporters she would have an announcement at 5 p.m. ET Tuesday, stirring speculation that it would be about an impeachment inquiry.

If Democrats pursue an impeachment of President Donald Trump, it could rattle markets and create temporary uncertainty, but the GOP-led Senate may not go along with any effort to oust Trump or stop any of the president’s economic initiatives.

“From strictly a market’s point of view, the question will be, is it likely to succeed, and if it does, what does a [Vice President Mike] Pence administration look like, and what does that mean for the 2020 election,” said Ed Keon, chief market strategist at QMA. “It is unlikely to succeed because of the composition of the Senate. If you net it all out, the end result is likely to be the status quo. I don’t expect that to have a big effect on the market.”

The wrangling between the two parties and legislative paralysis that could result, as proceedings drag on, would be a negative for stocks.

“My sense is the impeachment is well ahead of the country. I don’t think it’s going to be successful, and … I don’t think the country is behind it. It just adds to uncertainty.” said Marc Chandler, global market strategist at Bannockburn Global Forex. “In some ways, what we’re saying is Democrats might push for impeachment. Impeachment isn’t too popular. Trump would likely have a second term. I think the market would like that. Many people think Trump delivered the goods — tax cuts, deregulation, and conservative judges.”

Tom Block, Fundstrat Washington policy strategist, said the impeachment process could backfire on Democrats, just as the Clinton impeachment effort backfired on Republicans.

“I think impeachment doesn’t hurt Trump. Once the market thinks about it, it’s just a side show. [Senate majority leader] Mitch McConnell and his crowd would not impeach Trump,” said Block.

He said Trump would be comfortable fighting back at an impeachment process.

“Trump doesn’t mind talking about that. It’s like attacking Hillary, attacking ‘The Squad.’ In his own mind, he doesn’t think he did anything. He said ‘I called them, so what,'” said Block. “He feels much more comfortable talking about that. His big problem is his people who are basically Trump supporters and can’t get health insurance. He doesn’t speak as fluently when he’s talking about real issues.”

Art Hogan, chief market strategist at National Securiities, said there is a risk that the impeachment process could hurt U.S. China trade talks. “This is going t be news that spills out over time, but I can’t imagine the start of this process improves the tone of the U.S.-China trade talks…if I’m China I feel empowered. This is a market that’s been hanging on that tone getting better and I think it just got worse on the president’s hawkish tone at the UN and this process,” said Hogan. Earlier Tuesday, Trump spoke at the U.N. and criticized China’s policy on technology transfers.


Company: cnbc, Activity: cnbc, Date: 2019-09-24  Authors: patti domm
Keywords: news, cnbc, companies, survive, senate, think, bull, trump, strategist, tone, process, battered, effort, doesnt, impeachment, talking, market


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Trade war to drag on as Trump says long way to go and China strikes hard-line tone

The U.S. and China have restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all. President Donald Trump said Tuesday that there’s still a long way to go to reach a deal with China, threatening to slap tariffs on another $325 billion of Chinese goods. His recent remarks in the Chinese press indicated his tough stance in the trade war. “No face-to-face meetings have even been scheduled,” Donald Straszheim, head of Evercore ISI’s China r


The U.S. and China have restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all. President Donald Trump said Tuesday that there’s still a long way to go to reach a deal with China, threatening to slap tariffs on another $325 billion of Chinese goods. His recent remarks in the Chinese press indicated his tough stance in the trade war. “No face-to-face meetings have even been scheduled,” Donald Straszheim, head of Evercore ISI’s China r
Trade war to drag on as Trump says long way to go and China strikes hard-line tone Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: yun li
Keywords: news, cnbc, companies, tone, peoples, team, way, trade, china, trump, war, zhong, drag, washington, straszheim, long, strikes, chinese, hardline


Trade war to drag on as Trump says long way to go and China strikes hard-line tone

The U.S. and China have restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.

President Donald Trump said Tuesday that there’s still a long way to go to reach a deal with China, threatening to slap tariffs on another $325 billion of Chinese goods.

Meanwhile, China had suddenly added a new member to its negotiating team — the country’s commerce minister, Zhong Shan, who was present at last month’s G-20 summit and took part in a telephone conversation with U.S. representatives last week. Zhong is seen by many officials in Washington as a hard-liner, a sign Chinese leader Xi Jinping is standing firm, The Washington Post reported.

His recent remarks in the Chinese press indicated his tough stance in the trade war.

“The U.S. side has provoked economic and trade frictions against us and violated the principles of the WTO. It is typical of unilateralism and protectionism,” Zhong told the People’s Daily on Monday, according to a Google translation. “We have to uphold our warrior spirit in firmly defending national and people’s interests in defending the multilateral trading system.” The People’s Daily is the official newspaper of the Communist Party in China.

The new development dampened analysts and investors’ hope for a resolution as some see the progress “in reverse.”

“No face-to-face meetings have even been scheduled,” Donald Straszheim, head of Evercore ISI’s China research team, said in a note. “Trade progress has been in reverse. The two sides are further apart now than in Nov-Dec 2018.”

“A combination of substantial steps, partial actions and empty words which will be a relief but far from a final resolution of what has morphed from trade war to a ‘stop the China rise’ cold war,” Straszheim said.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: yun li
Keywords: news, cnbc, companies, tone, peoples, team, way, trade, china, trump, war, zhong, drag, washington, straszheim, long, strikes, chinese, hardline


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Europe markets close mixed as ECB strikes a dovish tone

The pan-European Stoxx 600 closed provisionally just below the flatline, with sectors and major bourses in mixed territory. European stocks closed mixed Thursday as the European Central Bank revised its forward guidance in its latest policy decision. The ECB announced that it would delay its first post-crisis interest rate hike until at least the middle of next year, while announcing generous terms on a new batch of long-term loans for banks. In a statement, the ECB said it would hold its key po


The pan-European Stoxx 600 closed provisionally just below the flatline, with sectors and major bourses in mixed territory. European stocks closed mixed Thursday as the European Central Bank revised its forward guidance in its latest policy decision. The ECB announced that it would delay its first post-crisis interest rate hike until at least the middle of next year, while announcing generous terms on a new batch of long-term loans for banks. In a statement, the ECB said it would hold its key po
Europe markets close mixed as ECB strikes a dovish tone Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-06  Authors: elliot smith alexandra gibbs, elliot smith, alexandra gibbs
Keywords: news, cnbc, companies, markets, close, tone, dovish, strikes, closed, rate, policy, interest, mixed, euro, trillion, europe, ecb, bank, central


Europe markets close mixed as ECB strikes a dovish tone

The pan-European Stoxx 600 closed provisionally just below the flatline, with sectors and major bourses in mixed territory.

European stocks closed mixed Thursday as the European Central Bank revised its forward guidance in its latest policy decision.

The ECB announced that it would delay its first post-crisis interest rate hike until at least the middle of next year, while announcing generous terms on a new batch of long-term loans for banks.

In a statement, the ECB said it would hold its key policy rate at the current -0.4% and continue to reinvest in maturing bonds in its 2.6 trillion euro ($2.9 trillion) debt portfolio. The central bank also announced it will pay lenders an interest rate of up to 0.3% to borrow. The euro rose to a day’s high on the news.

“The prolonged presence of uncertainties related to geopolitical factors, the rising threat of protectionism and vulnerabilities in emerging markets is leaving its mark on economic sentiment,” ECB President Mario Draghi said, as he addressed reporters during a news conference in Vilnius, Lithuania.

“Looking ahead, the governing council is determined to act in case of adverse contingencies.”


Company: cnbc, Activity: cnbc, Date: 2019-06-06  Authors: elliot smith alexandra gibbs, elliot smith, alexandra gibbs
Keywords: news, cnbc, companies, markets, close, tone, dovish, strikes, closed, rate, policy, interest, mixed, euro, trillion, europe, ecb, bank, central


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Stocks need to drop at least 10% before Trump changes harsh trade tone: Raymond James

Stocks are going to have to fall a lot more before President Donald Trump eases off his tough rhetoric on U.S.-China trade, said Ed Mills, Washington policy analyst at Raymond James. Trade tensions between China and the U.S. reemerged last week after Trump hiked tariffs on $200 billion worth of Chinese imports. The president also raised the possibility of slapping tariffs on an additional $325 billion worth of Chinese products. Trump’s move led China to retaliate by announcing higher tariffs on


Stocks are going to have to fall a lot more before President Donald Trump eases off his tough rhetoric on U.S.-China trade, said Ed Mills, Washington policy analyst at Raymond James. Trade tensions between China and the U.S. reemerged last week after Trump hiked tariffs on $200 billion worth of Chinese imports. The president also raised the possibility of slapping tariffs on an additional $325 billion worth of Chinese products. Trump’s move led China to retaliate by announcing higher tariffs on
Stocks need to drop at least 10% before Trump changes harsh trade tone: Raymond James Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: fred imbert
Keywords: news, cnbc, companies, worth, changes, billion, trump, need, james, drop, mills, deal, trade, china, raymond, president, tariffs, harsh, chinese, tone, washington, stocks


Stocks need to drop at least 10% before Trump changes harsh trade tone: Raymond James

President Donald Trump speaks at an event honoring the Wounded Warrior Project Soldier Ride in the East Room of the White House in Washington, DC on April 18, 2019.

Stocks are going to have to fall a lot more before President Donald Trump eases off his tough rhetoric on U.S.-China trade, said Ed Mills, Washington policy analyst at Raymond James.

Mills wrote in a note to clients Tuesday that equities would have to experience a correction of at least 10% “before Trump starts talking up the prospects of a G20-timed deal.” Trump and his Chinese counterpart, Xi Jinping, are expected to meet at next month’s G-20 summit.

“In the meantime, we expect threats of escalation by both sides in an effort to build negotiating leverage ahead of the G20 meetings,” Mills said. “While there is some hope for continued talks, longer-term expectations are being downgraded on the ability to strike a meaningful deal unless political calculations see a significant directional change over the next couple months.”

Trade tensions between China and the U.S. reemerged last week after Trump hiked tariffs on $200 billion worth of Chinese imports. The president also raised the possibility of slapping tariffs on an additional $325 billion worth of Chinese products.

Stocks have fallen sharply since Trump first threatened to raise levies on Chinese goods on May 5. The S&P 500 and Dow Jones Industrial Average are both down more than 4% in that time period while the Nasdaq Composite has shed 6.3%.

Trump’s move led China to retaliate by announcing higher tariffs on $60 billion worth of U.S. products on Monday. Those tariffs, China said, will take effect on June 1. That announcement sent the Dow and S&P 500 to their worst daily performance since Jan. 3, while the Nasdaq logged in its biggest one-day loss since December.

Trump doubled down on his tough stance on Tuesday. In a series of tweets, he said the U.S. is “in a much better position now than any deal we could have made,” adding that “billions of dollars” are coming back to the U.S., “where they belong.”

“We are likely to see a renewed period of volatility spurred by negative headlines and market reactions after the latest rounds of tariff escalation by the U.S. and China,” Mills says.

Subscribe to CNBC on YouTube.


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: fred imbert
Keywords: news, cnbc, companies, worth, changes, billion, trump, need, james, drop, mills, deal, trade, china, raymond, president, tariffs, harsh, chinese, tone, washington, stocks


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Tim Cook says the improved tone in trade talks is boosting Apple’s China business

Apple CEO Tim Cook said the company’s prospects in China have significantly improved in just three months and it’s in part because of the Trump administration’s progress with the country in trade talks. That affects consumer confidence in a positive way,” Cook told CNBC’s Josh Lipton in an interview. On the company’s first-quarter earnings call Tuesday, Cook cited the improved trade talks, a China tax cut and iPhone trade-in and financing programs for a turnaround in the country. “There’s an imp


Apple CEO Tim Cook said the company’s prospects in China have significantly improved in just three months and it’s in part because of the Trump administration’s progress with the country in trade talks. That affects consumer confidence in a positive way,” Cook told CNBC’s Josh Lipton in an interview. On the company’s first-quarter earnings call Tuesday, Cook cited the improved trade talks, a China tax cut and iPhone trade-in and financing programs for a turnaround in the country. “There’s an imp
Tim Cook says the improved tone in trade talks is boosting Apple’s China business Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: john melloy
Keywords: news, cnbc, companies, boosting, revenue, china, apples, mean, cook, shares, tone, trade, talks, apple, tim, positive, way, business, improved


Tim Cook says the improved tone in trade talks is boosting Apple's China business

The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China.

Apple CEO Tim Cook said the company’s prospects in China have significantly improved in just three months and it’s in part because of the Trump administration’s progress with the country in trade talks.

“I believe that the trade relationship — I don’t mean the tariff, I mean the tone — is much better today than it was in the November-December time frame. That affects consumer confidence in a positive way,” Cook told CNBC’s Josh Lipton in an interview.

On the company’s first-quarter earnings call Tuesday, Cook cited the improved trade talks, a China tax cut and iPhone trade-in and financing programs for a turnaround in the country.

“There’s an improved trade dialogue between the U.S. and China, and from our point of view, this has affected consumer confidence on the ground there in a positive way. And so I think it’s a set of all of these things, and we certainly feel a lot better than we did 90 days ago,” the CEO said on the call.

In January, Apple shares dropped the most in 6 years after it slashed its revenue guidance, citing slowing iPhone sales in China. On Tuesday, the company said third-quarter revenue may be as high as $54.5 billion partly because of improved performance in China. That’s higher than a $51.94 billion consensus analyst estimate for the quarter currently, according to Refinitiv.

The shares are up more than 5% in premarket trading Wednesday.

The White House chief of staff Mick Mulvaney said on Tuesday that a trade agreement could be announced with Beijing in the next two weeks.

— With reporting by Kif Leswing


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: john melloy
Keywords: news, cnbc, companies, boosting, revenue, china, apples, mean, cook, shares, tone, trade, talks, apple, tim, positive, way, business, improved


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Tim Cook says the improved tone in trade talks is boosting Apple’s China business

Luxury home sales see biggest slump in nearly a decadeThe nation’s priciest properties are in far less demand this year, and that is taking a toll on their value. Sales of homes listed at $2 million and above fell 16% in the…Real Estateread more


Luxury home sales see biggest slump in nearly a decadeThe nation’s priciest properties are in far less demand this year, and that is taking a toll on their value. Sales of homes listed at $2 million and above fell 16% in the…Real Estateread more
Tim Cook says the improved tone in trade talks is boosting Apple’s China business Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: john melloy
Keywords: news, cnbc, companies, nearly, taking, tone, talks, tim, trade, boosting, apples, nations, sales, cook, toll, china, slump, priciest, business, improved, value, properties, thereal


Tim Cook says the improved tone in trade talks is boosting Apple's China business

Luxury home sales see biggest slump in nearly a decade

The nation’s priciest properties are in far less demand this year, and that is taking a toll on their value. Sales of homes listed at $2 million and above fell 16% in the…

Real Estate

read more


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: john melloy
Keywords: news, cnbc, companies, nearly, taking, tone, talks, tim, trade, boosting, apples, nations, sales, cook, toll, china, slump, priciest, business, improved, value, properties, thereal


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Investors may think the market is reaching a top, but I’m not buying it, Jim Cramer says

The rally has gone on so long that it’s reasonable to think the market could soon hit a ceiling, CNBC’s Jim Cramer said Tuesday. Cramer, however, is not convinced that the market is reaching a peak, even though all three major U.S. indexes declined during the session about 0.60%. Still, he considered the main reasons investors and analysts say an end to the climb is near. “I want to vaccinate you against these vociferous top callers by laying out the ten best reasons why the market actually migh


The rally has gone on so long that it’s reasonable to think the market could soon hit a ceiling, CNBC’s Jim Cramer said Tuesday. Cramer, however, is not convinced that the market is reaching a peak, even though all three major U.S. indexes declined during the session about 0.60%. Still, he considered the main reasons investors and analysts say an end to the climb is near. “I want to vaccinate you against these vociferous top callers by laying out the ten best reasons why the market actually migh
Investors may think the market is reaching a top, but I’m not buying it, Jim Cramer says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: tyler clifford
Keywords: news, cnbc, companies, reasons, buying, tuesdaycramer, market, trying, investors, yes, vaccinate, way, vociferous, im, cramer, tone, jim, youll, reaching, think


Investors may think the market is reaching a top, but I'm not buying it, Jim Cramer says

The rally has gone on so long that it’s reasonable to think the market could soon hit a ceiling, CNBC’s Jim Cramer said Tuesday.

Cramer, however, is not convinced that the market is reaching a peak, even though all three major U.S. indexes declined during the session about 0.60%.

Still, he considered the main reasons investors and analysts say an end to the climb is near.

“I want to vaccinate you against these vociferous top callers by laying out the ten best reasons why the market actually might be peaking,” the “Mad Money” host said. “I’m just trying to ensure that you’ll be prepared when you hear pundits and portfolio managers make these same arguments, but they’re going to do so in a more emphatic and, yes, hysterical way and tone.”


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: tyler clifford
Keywords: news, cnbc, companies, reasons, buying, tuesdaycramer, market, trying, investors, yes, vaccinate, way, vociferous, im, cramer, tone, jim, youll, reaching, think


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post