Rolling coverage of the latest economic and financial newsJapan to draw up stimulus planIntroduction: White House split over tariffs?Chinese exports fell 0.9% in OctoberAnalysts: It could have been worse 1.20pm GMT Just in: Donald Trump’s economic advisor has said that the White House is prepared to ‘postpone’ tariff hikes on Chinese imports scheduled for next month.But Peter Navarro also said other tariffs will be saved (ie, maintained), to give leverage in future trade talks.This morning White House Economic Advisor Peter Navarro says the US is willing to postpone Dec 15th tariffs and that is it for Phase One deal… saving other tariffs to make sure we can negotiate Phase 2 and 3 with China. #China #Trade*NAVARRO SAYS U.S. WILLING TO POSTPONE DEC.15 CHINA TARIFFS: FOX 12.55pm GMT Here’s our news story about the latest Crossrail delays, which will put the full cost of the project over £18bn…. Related: Crossrail faces further delays and will cost more than £18bn Continue reading…
Via: China's exports fall again; Japan to launch stimulus plan – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…