Amid ongoing trade stalemates with NAFTA and the EU, Commerce Secretary Wilbur Ross has announced the U.S. Commerce Department will no longer provide exemptions for the European Union, Canada or Mexico. As anticipated, during a telephone briefing with reporters Secretary Ross announced at midnight tonight the 25% steel, and 10% aluminum, tariffs on imported goods […]
EU Proposes a Total Ban on Plastic Forks and Other Products…
The European Commission proposed a total ban on some single-use plastic products and measures to drastically cut the consumption of others, in the latest push by the EU to reduce carbon emissions and marine litter threatening its seas. The ban will apply to plastic cotton buds, cutlery, plates, straws, drink stirrers and sticks for balloons, […]
Trader: Italy on Verge of Inducing Fresh European Crisis…
Tired (or maybe bored) of worrying about rising interest rates, a rising dollar and higher oil prices? Then fear not, because according to Bloomberg macro strategist and former Lehman trader, Mark Cudmore, you can now start worrying about a new, or rather well-forgotten, potential risk flashpoint, namely Italy which, as he writes in his latest […]
The EU Determined to Preserve Agreement…
Commerce Secretary Wilbur Ross Discusses China Trade Visit…
Commerce Secretary Wilbur Ross discusses the ongoing trade initiatives with China ahead of the U.S. delegation departing later tonight. Secretary Ross, Treasury Secretary Mnuchin, U.S. Trade Representative/Ambassador Robert Lighthizer, Economic Council Chairman Larry Kudlow and White House Trade Adviser Peter Navarro are all heading to Beijing to meet with their Chinese counterparts…
Wilbur Ross Joins China Delegation, Trump Extends EU, NAFTA Steel Tariff Exemption 30 Days…
President Trump’s MAGAnomic team have announced a 30-day extension for the Steel (25%) and Aluminum (10%) tariffs for the European Union, Canada and Mexico. Also, after a prior agreement with South-Korea, the “KORUS” deal, team U.S.A. has also reached an agreement in principle with Australia, Argentina and Brazil which will be finalized in next 30 […]
NAFTA and China Trade Deal Merge…
The Brexit Transition Deal…
Gibraltar – The Real Reason for Brexit Finally Revealed…
Once again the naked truth has shown itself while everyone was looking the other way. Analysts have been giving all sorts of reasons as to why the Brexit scenario has developed as it has. But the truth has been staring us in the face, all the time – which is exactly why these debates have […]
Gordon Chang Discusses President Trump’s Plan to Remove the Panda Mask from the Chinese Red Dragon…
Author of “The Coming Collapse of China”, Gordon Chang, discusses the effect of President Trump’s tariffs on China and the epic battle ahead. Last night China announced their feeble retaliatory actions – SEE HERE. A professionally nervous Maria Bartiromo, frames a series of questions from the perspective of Wall Street. Fortunately Gordon Chang understands the […]
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