Trump wants to cure trade imbalances via tariffs. It cannot possibly work.
Another Look at NAFTAOne of my readers proposed that problems US balance of trade issues started with NAFTA. Wrong!
The global shipping industry was thrown a curveball on Wednesday when the U.S. imposed fresh sanctions on Chinese entities and people who it accuses of deliberately purchasing oil from Iran in violation of Washington's sanctions against Tehran, Bloom
The Trump administration granted temporary exemptions to hundreds of Chinese products imposed last year, according to Politico, citing three notices published in the Federal Register on Friday. Among the 'unbanned' products are plastic straws, printe
Whether it's a trade war or military war, or both, there are no real winners. Just scores of losers. President Trump unilaterally launched this unnecessary trade war with China. Congress, as has become tradition in America, was not consulted. Taxes w
In this episode, I address the exciting news this weekend regarding Trump's trade strategy. I also address a troubling new ANTIFA video where they confront the wrong guy. I discuss the latest John Solomon piece about new information in the Clinton
SAINT-JEAN-DE-LUZ, France -- President Donald Trump said Sunday he could declare the escalating U.S.-China trade war as a national emergency if he wanted to.
Update: The venue for next week's trade talks - the first in-person round since the second Trump-Xi 'trade truce' in Osaka - has reportedly been changed to Shanghai, WSJ reports.
President Trump announced this week that America is "winning" the trade war that he initiated against China. The truth is that Trump is not only destroying businesses in both China and the United States, he is accelerating the destruction of Amer
The "worst case" trade war scenario was avoided in Osaka on Saturday when Trump agreed to restart trade talks with Xi, holding off new tariffs on Chinese exports, and signaling a pause in the trade hostilities between the world's two largest econom
This year's corn crop has been absolutely decimated by constant rain and unseasonably cold weather. Trade wars have collapsed American exports of soybeans to China, as foreclosures and bankruptcies are now rippling through the Midwest's agricultural
Almost as abruptly as they collapsed, talks between Washington and Beijing will take place for the first time since the dialogue collapsed last month, with Robert Lighthizer saying he's planning on calling his counterpart, Vice Premier Liu He, the le
President Xi and President Trump will talk about trade at the G-20 summit in Japan and the trade negotiation teams will restart talks prior to the meeting.
The latest on the trade war is that US President Trump claims he is personally standing in the way of a deal being done by insisting Beijing returns to the terms the US felt they had agreed a few months ago; the editor of China's Global Times has t
You can't tax your way to prosperity...but you can surely tax your way into poverty. Instead of drastically shrinking government involvement in the U.S. economy, and making America more competitive, the Trump Administration chose to increase governme
MP Materials, which runs the Mountain Pass rare earths mine, said it will kick-start its own processing operation by the end of 2020
China last week more than doubled the import tariffs on ores and concentrates to 25 per cent, effective Ju
Back in April of 2018, when the trade war with China was still in its early stages, we explained that among the five "nuclear" options Beijing has to retaliate against the US, one was the block of rare-earth exports to the US, potentially crippling c
The Chinese came from nothing; only 40 years ago, they had nothing but a billion impoverished peasants. No money. No technology. No power. Today, they're on par with the United States. But, if this trend continues - which it will - their econom
Back in April of 2018, when the trade war with China was still in its early stages, we explained that among the five "nuclear" options Beijing has to retaliate against the US, one was the block of rare-earth exports to the US, potentially crippling c
Update (7:40 am ET): In yet another attempt to reassure restive farmers in the red states and swing states that helped propel Trump to victory, the president assured them that "our great Patriot Farmers" will be one of "the biggest beneficiaries of w
Starting in stocks, spreading to bonds, and now leaking across other asset-classes, volatility expectations are starting to surge everywhere this week since President Trump and China's various media outlets play headline hockey over the trade-deal-en
In what will almost certainly be remembered as one of the most chaotic weeks for global markets in recent memory due to the unceasing flow of trade news, global stocks were back in risk-off mode Thursday after a seemingly offhanded remark by Presiden
President Trump is threatening additional billions in tariffs against Chinese imports while sending warships up to China's declared territory in the South China Sea. Is this another big bluff? Will talks continue? What do the markets have to say abou
Just when US equity futures were finally starting to move higher after Dow futures had lingered around the -500 level for most of the morning, President Trump doubled-down on his antagonistic stance toward Beijing, tweeting that the US was done losin
Though it was entirely ignored by the market, the latest US-China trade-deal headline, which hit late last night, shortly before Robert Lighthizer and Steve Mnuchin were set to leave for Beijing to begin what was supposed to be the 'final' round of t
Despite Trade Rep. Robert Lighthizer's insistence that Washington leverage its position of advantage - i.e. the unassailable fact that its tariffs had contributed to a precarious deceleration in Chinese economic growth - the Trump Administration's tr
Another day, another round of "US-China trade talk optimism."
Global stocks continued their drift higher to close the week, with the MSCI World Index on track for a second straight week of gains while emerging-market stocks extended their winning
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