Will President Biden’s Green Revolution be built on the blood of persecuted Chinese minorities? President Biden has moved to suspend restrictions imposed by the US Commerce Department, after tariffs were imposed following an accusation that Chinese manufactured components are being secretly incorporated into third party products…
U.S. Container Ports Report Surprising Growth Despite Tariffs…
Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7% year-on-year import throughput growth in July, for a cumulative 1,865,645 teu. However, analyst John D McCown, of consultancy Blue Alpha Capital, still believes that the impact of tariffs on Chinese imports “will become dramatically more pronounced”. The better-than-expected […]
Chuck Grassley Gives the Green Light to Call Out China for Currency Manipulation…
Republican Sen. Chuck Grassley of Iowa called out China for currency manipulation Monday on Fox Business, but also urged caution to avoid a full blown trade war. Grassley said he was fearful of China’s response to America’s trade policy under President Donald Trump, prompting host Host Maria Bartiromo to ask what the government’s plan is. […]
Xi Jinping, Emmanuel Macron Pledge Over Phone to Deepen Ties, Jointly Build Global Trade System…
Chinese President Xi Jinping and his French counterpart Emmanuel Macron on Thursday pledged over phone that China and France would jointly implement their consensus on deepening ties and promote multilateralism to build an open global trade system. Macron congratulated Xi on being elected Chinese president on Saturday at the annual session of the National People’s […]