Georges Elhedery's overhaul of HSBC in his first year as CEO has delighted investors. Challenges including soaring costs and the trade war will now complicate his task https://t.co/SWFnjjrZzP ...

How are the trade war and geopolitical volatility affecting what matters in Canadian finance? Join us live in Toronto as Bloomberg journalists take your questions: https://t.co/6TQy82U7np https://t.co/EnEf4Lpusd ...

Canadian steel magnate Barry Zekelman is pushing for a more conciliatory approach to Donald Trump’s trade war https://t.co/EVIr8PJpNf ...

China’s president, Xi Jinping, is playing host to over 20 world leaders, including Vladimir Putin and Kim Jong Un. A more surprising addition to the guest list is India’s prime minister, Narendra Modi. Our foreign editor explains how Donald Trump’s chaotic trade war is pushing America’s friends towards China https://t.co/1hNCM4xYnr ...

Trade War Impact - US consumers may experience "sticker shock" due to Donald Trump's trade war [1] - The trade war is starting tomorrow [1]

Trade Trends - The trend of tariff-hopping was accelerated during President Donald Trump's first trade war [1] - The gap between tariffs in China and the rest of the world is shrinking [1] - A reversal of the tariff-hopping trend is possible [1]

International Relations & Trade - The US has long believed its allies have been "free riders" on defense spending [1] - A trade war is not the optimal strategy to address the issue of allies not contributing enough [1]

Trade Policy & Tariffs - The Trump administration imposed reciprocal tariffs on imports from nearly 70 countries as part of an effort to reorder global trade [1] - Switzerland faced a 39% tariff after failing to negotiate a trade deal [1] - Tariffs on India doubled as punishment for buying Russian oil, with rates spiking from 25% to 50% on August 27th [1] - A potential 100% tariff on key tech components like chips and semiconductors was considered, but waived for companies building in the US [1] - US tariffs reached levels not seen in almost a century [1] - Tariffs on imports were approximately 10 times higher compared to the previous year for countries with framework deals like the EU and Japan [1] Economic Impact & Investment - Apple planned to invest an additional $100 billion in the US to buy more parts domestically [1] - Apple previously announced plans to spend $500 billion and hire 20,000 people in the US over four years, but has a mixed record on fulfilling such promises [1] - The White House claimed that $17 trillion in investments had been brought back to the US, which is more than half of US GDP, but this claim is unsubstantiated [3] - The US lost 11,000 manufacturing jobs in the last month [3][7] Company Strategy & Geopolitics - Apple may have found a way to avoid tariffs by promising investments in the US [1][2] - Nvidia faced potential export bans to China but continued to sell advanced chips after discussions with the White House [4] - Nvidia took a $55 billion dollar charge due to restrictions on selling chips to China [4] - Apple's supply chain relies on cheap labor in China and Taiwan, making it difficult to shift manufacturing to the US [5]

Trade Policy - New tariffs implemented by the Trump administration signal an escalation in the trade war [1]

Trade War Analysis - The trade war may be attributed to Trump's desire for a spectacle [1] - U.S law may have given Trump the impression he could put on a show [1]