U.S. stocks went into freefall on Monday, with the Dow Jones Industrial Average down 900 points at its low before curbing some of those losses, ending the session 767 points lower. All three of the major market averages lost about 3 percent led by the tech-heavy Nasdaq Composite in what is the worst session of […]
Beijing Launches DPRK Rockets Over Escalating Trade Tension – Trump Launches Treasury Missile Designating China a Currency Manipulator…
Beijing has once again used their proxy province of North Korea to launch small two short-range ballistic missiles as leverage in the U.S. and China trade confrontation – ” For the fourth time in less than two weeks, North Korea has fired projectiles into the Sea of Japan, a U.S. official said. The two projectiles, […]
Trade War Tariffs Continue to Gnaw Away at China’s Manufacturing Outlook…
New U.S. Tariffs Will Hurt Investment in China…
President Trump Announces U.S.-EU Trade Deal: Duty-Free American Beef Exports (Video and Transcript)…
Earlier today President Trump and U.S. Trade Representative Robert Lighthizer announced a new U.S. trade deal with Europe for the duty-free export of U.S. beef. Joining President Trump and U.S.T.R. Lighthizer is Stavros Lambrinidis, the EU ambassador to the US, and Jani Raappana, deputy head of mission for the Finnish presidency of the Council of […]
Federal Reserve Cuts Rate Quarter Point, First Since ’08 – Why It Doesn’t Matter…
In 2015 CTH outlined how candidate Donald Trump’s proposals were in-line with those who had long argued for a return of “economic nationalism”. We also outlined when those proposals (now policy) are implemented, Fed action would be essentially irrelevant. The Federal Reserve is pegged to the Wall Street Economy. President Trump’s policies are pegged to […]
Secretary Wilbur Ross Discusses GDP Release, USMCA, China Trade and U.S. Tariffs…
Commerce Secretary Wilbur Ross appears with Charles Payne to discuss the latest economic data and the Q2 GDP release. Within the interview Secretary Ross explains the information behind the data; the status of the USMCA and Pelosi’s motives to delay ratification; the baseline for the U.S-China trade discussions, and the position of the administration to […]
India Ambassador Praises House for Outsourcing U.S. College Jobs to Indian…
“I must compliment the U.S. House of Representatives for adopting the Fairness for High Skilled Immigrants bill which removes country caps on the H1B visas,” Indian ambassador Harsh Shringla told a D.C. meeting of lobbyists and advocates on Tuesday. He continued: “I think this is an important initiative. We have worked with congressmen across the […]
IMF Outlines “Global” Danger from Trade War with President Trump…
An article from Reuters discussing the position of the International Monetary Fund (IMF) is interesting. Essentially the IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the U.S., China, the EU and to a lesser extent, Japan. Yes Alice, there are hundreds of billions […]
Now It Makes Sense – Beijing Assigned Hardline Trade Handler to Vice-Premier Liu He…
We had to wait a few weeks to see how the Beijing communists and Xi Jinping hardliners were positioned for new trade talks; and now things make sense. Initially it seemed at odds with Beijing’s prior position to restart U.S-China trade negotiations with Vice-Premier Liu He. The prior three months of negotiation came to a […]
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