11/29/2018

CHINA/ECONOMY/G20/SOUTH AMERICA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “I write here about the pivotal moment that awaits President Trump when he sits down on Saturday [12-1-18] with Chinese President Xi Jinping as the nation’s two largest economies stand on the brink of a full-scale trade war. The high-stakes meeting comes as Trump’s trade battles are already slamming parts […]

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11/29/2018

CHINA/ECONOMY/G20/JOBS/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump is approaching an economic crossroads as he pushes closer to a full-scale trade war with China, even as warning signs flash that the U.S. economy is decelerating and growing increasingly vulnerable to a major shock. Trump’s trade battles are already slamming parts of the American economy, especially in […]

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11/28/2018

TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Sam Cobb was surprised to see so many people lined up for a hearing at the International Trade Commission in Washington on the morning of Monday, Aug. 20. The chief executive of Real Wood Floors, Cobb was a veteran of such proceedings, which were usually sleepy affairs, populated by white-shoe […]

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11/16/2018

CHINA/STEVE MNUCHIN/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Friday [11-16-18] raised the prospect of ending his escalating trade war with China, but signaled US negotiators still want more a few more concessions from their largest trading partner…The Chinese government earlier this week made an initial offer on trade, which Trump said addressed 142 negotiating […]

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11/16/2018

CHINA/MIKE PENCE/TRADE WAR/TRUMP PEOPLE: “US and Chinese leaders presented opposing visions for the world in back-to-back speeches at the 2018 APEC conference in Papua New Guinea on Saturday [11-17-18], amid rising tensions between the world’s two major powers. Chinese President Xi Jinping spoke of the need for global cooperation and international trade, telling the Asia-Pacific […]

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11/13/2018

CHINA/EU/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s trade war has provoked an internal fight among his top economic advisers, with officials sparring both publicly and behind the scenes over the best approach to dealing with China, the European Union and other trading partners. The disagreements spilled into view on Tuesday [11-13-18] as Larry Kudlow, the director […]

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11/7/2018

CHINA/ELECTION/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s trade war with China didn’t end with the congressional elections this week. Despite losing Republican control of the House, Trump is unlikely to see anything in the outcome that will persuade him to drop his hardball tactics with Beijing…Few Democrats ran against Trump’s handling of trade relations with […]

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10/23/2018

AGRICULTURE/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s trade war is already prompting farmers and agricultural forecasters to plan for a dismal 2019 growing season before the fall harvest is complete. Trade disputes — namely the escalating feud with China — have weighed on commodity prices and the president has threatened to ratchet up tariffs rather […]

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10/18/2018

CANADA/CHINA/ECONOMY/EU/TRADE WAR/TRUMP AS PRESIDENT: “Take a trade war with China, mix in frosty economic relations with Canada and Europe, add in Federal Reserve rate hikes and here’s what you get: A recession by 2020. So says Ronald Temple, head of US equity for Lazard Asset Management. He told CNN Business that President Donald Trump’s protectionist […]

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10/16/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Five years ago, China’s Xi Jinping rocked the Communist Party establishment by pledging to let markets play a ‘decisive role’ in decision making. Reformists rejoiced as President Xi signaled a revival of Deng Xiaoping’s pro-capitalism revolution. Things haven’t gone as planned. First, Xi slow-walked steps to reduce China’s reliance on runaway […]

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10/10/2018

CHINA/FEDERAL RESERVE/STEVE MNUCHIN/TRADE WAR/TREASURY/ TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin isn’t buying the argument that the Federal Reserve triggered Wednesday’s [10-10-18] steep fall in US stocks…After US stocks suffered their worst sell-off in eight months on Wednesday, President Donald Trump blasted the Fed as ‘crazy’ for continuing to raise interest rates this year…Under Chairman […]

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10/9/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [10-9-18] repeated his threat to impose tariffs on $267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has taken in the countries’ escalating trade war. Trump, speaking to reporters in the Oval Office, also said […]

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10/9/2018

CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “China’s yuan is forecast to pare some of its recent losses against the dollar over the coming year on hopes that risks from an escalating U.S.-China trade war and a deep sell-off in emerging markets will subside, a Reuters poll found. Having weakened over 6 percent so far this year, the […]

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10/1/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Monday [10-1-18] dimmed the prospects of restarting talks with China any time soon to resolve an escalating trade dispute between the two nations. Speaking in the Rose Garden at the White House, Trump said it was ‘too early to talk’ with his counterparts in Beijing on trade. […]

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9/28/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “China issued a rebuke to the United States on Friday [9-28-18], decrying protectionism and unilateral trade moves that ‘bring damage to all’ in a wide-ranging challenge to President Donald Trump as tensions between the two countries continue to rise. Speaking to the United Nations General Assembly two days after Trump accused […]

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9/27/2018

CHINA/ELECTION/NATIONAL SECURITY/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s accusation of Chinese meddling in upcoming U.S. elections marks a new phase in an escalating pressure campaign against Beijing that Washington is pursuing on multiple fronts, senior U.S. officials said on Thursday [9-27-18]. National security adviser John Bolton, long considered a China hawk, has played a key […]

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9/26/2018

CHINA/ELECTION/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump claimed on Wednesday [9-26-18] that China is working to interfere in November’s midterm elections with the aim of damaging him politically…The President offered scant details or evidence, which came during a session meant to focus on issues of nonproliferation. He suggested the meddling attempts came as retribution for […]

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9/26/2018

CHINA/TRADE WAR/TRUMP AS PRESIDENT: “China is actually placing propaganda ads in the Des Moines Register and other papers, made to look like news. That’s because we are beating them on Trade, opening markets, and the farmers will make a fortune when this is over! https://t.co/ppdvTX7oz1“ -Donald Trump, Twitter.com, September 26, 2018 12:26 pm […]

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9/26/2018

CHINA/ECONOMY/FEDERAL RESERVE/NAFTA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The Federal Reserve is poised to raise interest rates Wednesday [9-26-18] for the third time this year as the economy powers ahead, but beyond that the central bank’s outlook has been thrown into confusion by President Donald Trump’s trade battles. For months, top Fed officials such as Chairman Jerome Powell […]

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9/26/2018

CHINA/ELECTION/TRADE WAR/TRUMP AS PRESIDENT/UN: “U.S. President Donald Trump said on Wednesday [9-26-18] there was ‘plenty of evidence’ of China trying to meddle in the upcoming U.S. elections and that Beijing wanted him to lose because he had confronted China on trade issues. Asked about his charge of Chinese election meddling in his remarks at the […]

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9/26/2018

CHINA/EU/FRANCE/TRADE WAR/TRUMP AS PRESIDENT/UN: “US President Donald Trump was ‘ranting and venting on trade’ to French President Emmanuel Macron during their bilateral meeting Monday [9-24-18] evening, according to a senior diplomatic source. Trump lambasted the European Union for its trade policies, saying it was worse than China — a complaint that the US president made […]

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9/24/2018

CHINA/ECONOMY/ELECTION/GOP/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s trade battles are already triggering economic warnings — and rising danger for Republicans just ahead of the midterm elections. As fresh U.S. tariffs on $200 billion in Chinese imports take effect Monday [9-24-18], surveys show consumers growing increasingly worried about higher prices this fall. Giant retailers such as […]

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9/21/2018

CHINA/STEVE BANNON/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “US President Donald Trump’s strategy is to make the trade war with China ‘unprecedentedly large’ and ‘unbearably painful’ for Beijing, and he will not back down before victory, former White House chief strategist Steve Bannon said in an exclusive interview. Bannon said the aim was not just to force China […]

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9/19/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump is confident that the United States is winning its trade war with China. But on both sides of the Pacific, a bleaker recognition is taking hold: The world’s two largest economies are in the opening stages of a new economic Cold War, one that could persist well after Mr. […]

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9/18/2018

CHINA/ELECTION/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “China has hit back at President Donald Trump by announcing new trade tariffs on $60bn of US goods. It comes after the US slapped duties on $200bn of Chinese imports to take effect from next Monday [9-24-18], escalating its trade war with Beijing. China will target goods such as liquefied natural […]

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9/18/2018

AGRICULTURE/CHINA/TRADE WAR/TRUMP AS PRESIDENT: “…..China has been taking advantage of the United States on Trade for many years. They also know that I am the one that knows how to stop it. There will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are targeted!” –Donald Trump, Twitter.com, September […]

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9/18/2018

AGRICULTURE/CHINA/ELECTION/TRADE WAR/TRUMP AS PRESIDENT: “China has openly stated that they are actively trying to impact and change our election by attacking our farmers, ranchers and industrial workers because of their loyalty to me. What China does not understand is that these people are great patriots and fully understand that…..” –Donald Trump, Twitter.com, September 18, 2018 […]

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9/18/2018

CHINA/ELECTION/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [9-18-18] threatened further retaliation against China if Beijing targets U.S. agricultural or industrial workers amid a trade dispute, and accused China of trying to sway the U.S. election by targeting farmers. Trump made the accusations in a pair of Twitter posts as the two sides launched […]

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9/18/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The trade war between the United States and China just got a lot bigger after both sides announced their broadest waves of tariffs yet. The latest exchange of fire means the two economic superpowers will soon have imposed tariffs on more than $360 billion of goods. And analysts say the battle […]

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9/17/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump announced Monday [9-17-18] that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy…Trump’s latest announcement brings the total amount of Chinese goods […]

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9/17/2018

CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump, emboldened by America’s economic strength and China’s economic slowdown, escalated his trade war with Beijing on Monday [9-17-18], saying the United States would impose tariffs on $200 billion worth of goods and was prepared to tax all imports. Mr. Trump, in a statement released late Monday, showed no sign […]

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9/14/2018

CHINA/STEVE MNUCHIN/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump may believe that China will eventually wave the white flag in a trade war, but his posture is inviting only more resistance from Beijing, where skepticism of his administration’s ability to negotiate in good faith is growing…The question was raised just before China announced that it would […]

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9/13/2018

BUSINESS/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “They’ve testified, tweeted, written and called with their concerns. Now American businesses, which have so far been unable to stop President Trump from imposing sweeping tariffs, are mounting a last-ditch effort to convince the president that his trade policies are hurting his political base. In a multimillion-dollar campaign that includes television […]

Read More… from 9/13/2018

9/12/2018

BUSINESS/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 U.S. industry groups are launching a coalition on Wednesday [9-12-18] to take the fight public. Emergence of the group, Americans for Free Trade, comes after […]

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9/11/2018

CHINA/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “As a candidate, Donald Trump railed against the Trans-Pacific Partnership, rattling manufacturers who preach free trade. Shortly after the election, Trump announced a 35 percent tax on companies that moved jobs overseas. And now, Trump shows little sign of backing off an escalating trade war, using the blunt instrument of […]

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9/7/2018

CHINA/TARIFFS/TAXES/TRADE WAR/TRUMP AS PRESIDENT: “President Trump threatened China with another round of punishing tariffs on Friday [9-7-18], saying he was prepared to tax essentially all Chinese goods imported into the United States if Beijing did not change its trade practices. The threat comes as the administration prepares to move forward with another round of tariffs […]

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9/7/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “US president Donald Trump has threatened to intensify his trade war with China, warning he could impose tariffs on almost all its imports. He said he could move ‘very soon’ to impose tariffs on $200bn (£155bn) worth of products with taxes on another $267bn ‘ready to go on short notice.’ If […]

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9/7/2018

AUTO INDUSTRY/CANADA/TAXES/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump said Friday [9-7-18] he does not want to hurt Canada’s economy but also warned that if he imposes taxes on cars it would be ‘devastating’ for the neighboring country…Trump spoke on route to Fargo, North Dakota, while Canadian Foreign Minister Chrystia Freeland was meeting in Washington with […]

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9/6/2018

CHINA/EU/GERMANY/TRADE WAR/TRUMP AS PRESIDENT: “German industrial orders fell unexpectedly in July on weak foreign demand, data showed on Thursday [9-6-18], in a further sign that factories in Europe’s largest economy are feeling the bite of U.S. President Donald Trump’s protectionist trade policies. The Federal Statistics Office said contracts for ‘Made in Germany’ goods were down […]

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9/4/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The United States could impose tariffs on roughly half of all Chinese goods entering the country by the end of the week. President Donald Trump’s proposed tariffs on $200 billion of Chinese goods could go into effect as soon as Friday [9-7-18] when a public comment period on the taxes concludes. […]

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8/29/2018

CHINA/DEFENSE/NORTH KOREA/TRADE WAR/TRUMP AS PRESIDENT: “President Trump on Wednesday [8-29-18] tried to make China the scapegoat for his stalled diplomacy with North Korea, accusing it of undermining the American-led pressure campaign against Pyongyang because of an escalating trade dispute with the United States. In a series of late-afternoon tweets, issued under the headline ‘Statement From […]

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8/22/2018

BUSINESS/COMMERCE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s aluminum tariffs have rattled global businesses, set off retaliatory levies and started to eat into profits of some major American companies. But they have also provided a lifeline to other United States businesses, like Century Aluminum, the struggling smelter in Kentucky that is at the heart of Mr. Trump’s […]

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8/16/2018

2016 ELECTION/ELECTION/GOP/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Warren Bachman, a 72-year-old Iowa soybean farmer, is one of many who turned Clarke County into Donald Trump country, as the Republican president took 61 percent of the votes in 2016 in a county that went for Democrat Barack Obama four years earlier. But Bachman’s loyalty to Trump is wavering […]

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8/14/2018

CHINA/TARIFFS/TRADE WARS/TRUMP AS PRESIDENT: “China’s leaders have sought to project confidence in the face of President Trump’s tariffs and trade threats. But as it becomes clear that a protracted trade war with the United States may be unavoidable, there are growing signs of unease inside the Communist political establishment. In recent days, officials from the […]

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8/8/2018

DEMS/ELECTION/POLLS/RUSSIA/TRADE WARS/TRUMP AS PRESIDENT: “President Donald Trump’s political stumbles on Russia, his protracted trade war and his overall ‘impulsive’ behavior have deeply rattled potential voters, according to a new poll by a left-leaning group. A majority of respondents to the survey, commissioned by the nonprofit group National Security Action and first provided to POLITICO, believe […]

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7/26/2018

EU/TRADE WAR/TRUMP AS PRESIDENT: “When he arrived in the Oval Office for negotiations over their growing trade war, Jean-Claude Juncker, the president of the European Commission, brought a small gift for President Trump, a renowned admirer of military commanders. It was a photograph of the cemetery in Luxembourg where Gen. George S. Patton is buried. […]

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7/26/2018

EU/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration on Thursday [7-26-18] touted its truce with Europe to nervous lawmakers as evidence that its trade policies are starting to show results, but Republicans pushed the administration to accelerate efforts to find similar solutions on other trade fronts. President Trump flew to the agricultural and industrial Midwest Thursday […]

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7/26/2018

ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump is likely to get one of the best headlines of his presidency on Friday [7-27-18] with a highly tweetable report expected to show the U.S. economy grew at its fastest rate in years in the second quarter. But the big number risks becoming fool’s gold. Economists warn that […]

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7/26/2018

TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Rural voters helped President Donald Trump win Iowa in 2016. And despite rising concerns about the economic impact of several rounds of tariffs, they’ve been willing to endure the ill effects of his trade policies, trusting he’ll ultimately deliver. But the president’s sudden announcement this week that he’ll give $12 […]

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7/25/2018

EU/TRADE WAR/TRUMP AS PRESIDENT: “The United States and the European Union have a $1 TRILLION bilateral trade relationship – the largest economic relationship in the world. We want to further strengthen this trade relationship to the benefit of all American and European citizens… https://t.co/4zlmEEtCpG“ -Donald Trump, Twitter.com, July 25, 2018 3:57 pm […]

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7/25/2018

TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “When you have people snipping at your heels during a negotiation, it will only take longer to make a deal, and the deal will never be as good as it could have been with unity. Negotiations are going really well, be cool. The end result will be worth it!” –Donald […]

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7/25/2018

AGRICULTURE/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “U.S. President Donald Trump accused China on Wednesday [7-25-18] of targeting American farmers in a ‘vicious’ way and using them as leverage to get concessions on trade a day after the administration announced a $12 billion farm aid package. China and other top U.S. trade partners zeroed in on American farmers […]

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7/24/2018

AGRICULTURE/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration on Tuesday [7-24-18] announced up to $12 billion in emergency relief for farmers hurt by the president’s trade war, moving to to insulate food producers from looming financial losses that would be a direct result of President Trump’s policies. The aid to farmers, announced by the United States […]

Read More… from 7/24/2018

7/24/2018

AGRICULTURE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration on Tuesday [7-24-18] announced an emergency-aid package of $12 billion for farmers amid growing concerns that the U.S. agricultural sector could suffer from President Donald Trump’s escalating trade dispute with some of America’s largest trading partners. The trade rift between the U.S. and some of its closest allies […]

Read More… from 7/24/2018

7/24/2018

TARIFFS/TRADE WARS/TRUMP AS PRESIDENT: “Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that – and everybody’s talking! Remember, we are the ‘piggy bank’ that’s being robbed. All will be Great!” -Donald Trump, Twitter.com, […]

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7/22/2018

G20/TARIFFS/TRADE WARS/TRUMP AS PRESIDENT: “Negotiations to ease an escalating trade war between the United States and the rest of the world sputtered to a close with no breakthroughs on Sunday [7-22-18] at a summit meeting of finance ministers, who warned that the predicament over President Trump’s tariffs was casting a pall over the global economy. […]

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7/19/2018

EU/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump said on Thursday [7-19-18] that the European Union’s $5 billion antitrust fine on Alphabet Inc.’s Google is evidence that the bloc has ‘taken advantage of the U.S.,’ and suggested that change is on the way…The fine on Google and Mr. Trump’s sharp response come amid a growing trade […]

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7/12/2018

SENATE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Republican and Democratic U.S. senators blasted Trump administration trade policy on Thursday [7-12-18] and vowed to press ahead with legislation to give Congress a say in decisions to impose tariffs on national security grounds. Prompting criticism from many of his fellow Republicans and business groups as well as Democrats, Trump has […]

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7/11/2018

CHINA/ELECTIONS/MIKE PENCE/TRADE WAR/TRUMP PEOPLE: “Vice President Mike Pence begins a campaign swing through the Midwest on Wednesday [7-11-18] designed to fire up the base in three battleground House districts. But there’s also a secondary mission: damage control. In the face of a trade war that intensified just four days ago, Pence is quietly setting up […]

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7/11/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The U.S.’s plan to wallop China with new tariffs is putting Beijing in a bind, forcing it to retaliate in ways likely to cast doubt on its commitment to rules-based global trade. The Trump administration’s announcement that it plans to clamp 10% tariffs on a further $200 billion in Chinese goods—from […]

Read More… from 7/11/2018

7/10/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration escalated its trade dispute with China on Tuesday [7-10-18], saying it would impose tariffs on roughly $200 billion worth of Chinese fish, petroleum, chemicals, handbags, textiles and other products if Beijing does not change its trade practices. The threat comes just days after President Trump imposed levies on […]

Read More… from 7/10/2018

7/10/2018

EU/NATO/RUSSIA/SPENDING/TRADE WARS/TRUMP AS PRESIDENT: “President Trump renewed his criticism of European allies on Tuesday [7-10-18] and said he was most optimistic about meeting with President Vladimir V. Putin of Russia, as he departed for a summit meeting in Brussels that threatens to highlight acrimony within NATO. Mr. Trump’s comments touched off a round of trans-Atlantic […]

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7/10/2018

AGRICULTURE/EU/TRADE WAR/TRUMP AS PRESIDENT: “The European Union makes it impossible for our farmers and workers and companies to do business in Europe (U.S. has a $151 Billion trade deficit), and then they want us to happily defend them through NATO, and nicely pay for it. Just doesn’t work!” -Donald Trump, Twitter.com, July 10, 2018 1:52 […]

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7/10/2018

GOP/POLLS/TRADE WAR/TRUMP AS PRESIDENT: “Thank you to all of my great supporters, really big progress being made. Other countries wanting to fix crazy trade deals. Economy is ROARING. Supreme Court pick getting GREAT REVIEWS. New Poll says Trump, at over 90%, is the most popular Republican in history of the Party. Wow!” -Donald Trump, Twitter.com, […]

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7/9/2018

CHINA/FOREIGN POLICY/NORTH KOREA/NUCLEAR/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump said Monday [7-9-18] that he was confident North Korean leader Kim Jong Un would ‘honor the contract’ the two leaders signed last month in Singapore, while suggesting that China was ‘exerting negative pressure’ on the agreement amid its trade fight with the U.S…After their meeting last […]

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7/9/2018

CHINA/NORTH KOREA/NUCLEAR/TRADE WAR/TRUMP AS PRESIDENT: “I have confidence that Kim Jong Un will honor the contract we signed &, even more importantly, our handshake. We agreed to the denuclearization of North Korea. China, on the other hand, may be exerting negative pressure on a deal because of our posture on Chinese Trade-Hope Not!” -Donald Trump, […]

Read More… from 7/9/2018

7/9/2018

EU/NATO/TRADE WAR/TRUMP AS PRESIDENT: “…Europe far more than it does the U.S. By some accounts, the U.S. is paying for 90% of NATO, with many countries nowhere close to their 2% commitment. On top of this the European Union has a Trade Surplus of $151 Million with the U.S., with big Trade Barriers on U.S. […]

Read More… from 7/9/2018

7/9/2018

ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Who’s the biggest loser when tariffs are imposed on imports? The surprising answer: exporters. Though completely counterintuitive, theory and evidence show that taxes on imports act just like a tax on exports. Though it’s early, the Trump administration’s recent round of tariffs is already rippling out to exporters: Soybean farmers face […]

Read More… from 7/9/2018

7/9/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Those who know Donald Trump say it was always going to go this way with China. The New York real estate tycoon began issuing bitter tirades against foreign countries ‘ripping off’ the United States on trade back in the 1980s. At an expletive-laden political rally in Las Vegas in 2011, Trump […]

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7/6/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Accusing the United States of ‘typical trade bullying,’ China on Friday [7-6-18] imposed $34 billion in retaliatory tariffs on American soybeans, cars and other products, suggesting dim prospects for resolving a potentially bruising trade war between the two economic powerhouses. Beijing said on Friday that its levies had kicked in immediately […]

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7/6/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “It’s official: The United States and China are in a trade war after the Trump administration imposed tariffs at 12:01 a.m. Friday [7-6-18] on $34 billion worth of Chinese products. Beijing immediately retaliated with its own penalties. The Chinese government is targeting a range of American products with tariffs, including pork, […]

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7/6/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The U.S. Trade Representative outlined a way for companies to get their products excluded from fresh tariffs on $34 billion worth of Chinese exports that were imposed on Friday [7-6-18]. The Trade Representative’s office said the proceeding would address situations where a product was hit with tariffs because it was part […]

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7/6/2018

CHINA/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “As China and the United States escalate a trade war, the Chinese government is turning to familiar Wall Street and Washington insiders for advice on understanding President Donald Trump — with underwhelming results. Corporate leaders and former U.S. officials who have spent years cultivating relationships with Beijing — such as […]

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7/6/2018

CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The fallout from President Donald Trump’s tariffs and China’s countertariffs—which formally went into effect on Friday [7-6-18]—will have the greatest impact on the U.S. counties that voted Mr. Trump into office. The U.S. tariffs on China will initially hit about $34 billion of goods, with plans in place to raise that […]

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7/5/2018

CHINA/ECONOMY/FED/JOBS/LABOR/TRADE WAR/TRUMP AS PRESIDENT: “The U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases this year. Nonfarm payrolls rose by 213,000 jobs last month as manufacturers stepped up hiring, the Labor Department […]

Read More… from 7/5/2018