Brazil and Argentina will face American tariffs on steel and aluminum, President Donald Trump announced early Dec. 2. “Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into […]
Fitbit to Move Production Out of China…
The fitness tracker and smartwatch maker Fitbit announced it will move manufacturing operations out of China to avoid tariffs as President Donald Trump’s trade war continues to sow uncertainty for many U.S. businesses. “In 2018, in response to the ongoing threat of tariffs, we began exploring potential alternatives to China,” Ron Kisling, the chief financial […]
White House Deliberates Block on All U.S. Investments in China…
The White House is weighing some curbs on U.S. investments in China, a source familiar with the matter told CNBC. This discussion includes possibly blocking all U.S. financial investments in Chinese companies, the source said. It’s in the preliminary stages and nothing has been decided, the source said. There’s also no time frame for their […]
Trump Has the Right Strategy on Beijing. As a Chinese Dissident, I’d Know…
As the world watches President Trump wage a protracted trade war with China, many people are scratching their heads, wondering if he knows what he’s doing when it comes to my home country. Trump is regularly criticized for being unpredictable and erratic — praising Chinese President Xi Jinping one moment, then escalating the confrontation the […]
Conway: Trump Came to DC to ‘Disrupt It’ — Part of That Is Trade Agreements That ‘No Longer Screw’ the Workers, Employers…
Tuesday on Fox News Channel’s “The Story,” White House aide Kellyanne Conway defended Trump administration’s stance against China on trade by arguing a better trade deal would be “worth the wait” given the abuses by the Chinese over the past few decades. Conway told host Martha MacCallum Trump was elected to “disrupt” the status quo […]
No Deal – U.S. and Mexico Officials Fail to Reach Agreement on Border, Immigration, Tariffs…
According to recent reporting, officials representing the U.S. and Mexico have failed to reach an agreement on measures to stop the flood of migrants traveling through Mexico. As a result of the scale of the crisis, and without an agreement from Mexico to stop the worsening problem, President Trump has announced tariffs on imported goods […]
Mexico Readies List of U.S. Products for Retaliation If Trump Levies Tariffs…
Mexican President Andrés Manuel López Obrador has received a list of U.S. products that his country would slap with tariffs if President Trump follows through with his threat to impose tariffs on Mexican goods starting Monday. The list indicates that Mexico could retaliate swiftly if the tariffs are implemented, as Trump said Wednesday was likely. […]
Does China Have Enough U.S. Dollars to Survive the Trade U.S. Trade War…
The Chinese government is officially sitting on the world’s largest stockpile of foreign exchange reserves, but it has been scrambling recently to block backchannels for capital outflows as trade tensions with the United States increase. Beijing’s increasing scrutiny of the usage of the US dollar by Chinese companies and individuals, in the absence of any […]
Xi Jinping Tells China to Prepare for Long Trade War with U.S….
Chinese President Xi Jinping, in his first domestic tour since a trade war broke out with the Trump administration, has told his people that they should be prepared for a long battle with the US. “We are here at the starting point of the Long March to remember the time when the Red Army began […]
FORMER TRUMP SENIOR STATE DEPT OFFICIAL TELLS BEIJING TO WAIT UNTIL TRUMP IS REMOVED…
A clear example of the Administrative State’s seditious alignment with global financial interests and DC indulgences. This is the deep state at its deepest and most statist. Mrs. Susan Thornton, the former acting assistant secretary of state in the Trump administration, tells her Beijing audience to stop negotiating until President Trump is removed from office […]
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