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In Nod to Trump, G-7 Leaders Make Joint Statement on Fair Trade…

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Leaders of the Group of Seven issued a declaration on Aug. 26 committing to fair trade, a term President Donald Trump has frequently employed in his campaign to rebalance the United States’ global trade relationships. French President Emmanuel Macron released the declaration at the end of a three-day G-7 summit in Biarritz, France. The statement […]

Child Aged 12 Is Among Dozens Arrested in Latest Hong Kong Protests. Police Used Live Bullets. China ‘has to intervene’ if Violence Breaks Out…

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A 12-year-old child is among dozens of people arrested following another violent weekend in Hong Kong which saw a police officer fire a live round for the first time. Officers arrested 29 men and seven women, aged 12 to 48, last night for unlawful assembly, possession of weapons and assaulting police. After the clashes last […]

Dow Plunges More Than 600 on Worsening U.S.-China Trade Brawl…

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U.S. stocks plunged Friday, with the Dow Jones Industrial Average dropping more than 600 points as President Trump vowed to retaliate against China’s fresh round of tariffs on some U.S. goods beginning as early as Sept. 1. The sell-off — which at one point saw the blue-chip Dow down more than 700 points — left […]

SHOT: Futures Plunge After China Announces Retaliatory Tariffs on Another $75BN in U.S. Goods…

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Just over an hour after the Global Times’ Hu Xijing warned that China would announce retaliatory tariffs on certain US products, adding that “China has ammunition to fight back”, that’s precisely what happened when China’s Ministry of Finance said in statement posted on website late Friday that it would levy retaliatory tariffs on another $75BN […]

CHASER: President Trump Announces Tariff Increases on Chinese Products…

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President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019. This is one arrow in a quiver filled with economic consequences: The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019. The pre-planned 10 percent tariff on $300 […]

President Trump Explains the Big Picture: “The fact is, somebody had to take China on”…

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During an oval office press conference today, President Trump took several questions about China and the U.S. trade confrontation. After receiving the third question, on the same subject, President Trump paused and then went deep into the heart of the issue. The question was: ” Mr. President, you keep insisting that your trade war with […]

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