White House trade and manufacturing policy advisor Peter Navarro appears on Fox News to discuss the status of the U.S-China trade negotiations and the reason for a USTR delay on some product tariffs. Peter Navarro confirms what we noted from the office of USTR Robert Lighthizer yesterday. On December 15th “the tariffs will go on.” […]
Canadian Economy Loses 69,300 Private Sector Jobs in July – Unemployment Rate Increased to 5.7%…
After reviewing the unexpected resignation of Canadian Ambassador to the United States, David MacNaughton, several aspects of the U.S-Canada economic relationship; and the larger political ideological relationship between the far-left in both countries; begins to take a sharper focus. Justin from Canada has acquiesced to the influence of democrat Speaker of the House Nancy Pelosi, […]
China Allows Currency to Drop – President Trump Responds – Devaluation Lowers Consumer Import Prices…
DOW Stocks Plunge 767 Points as U.S.-China Trade War Deepens…
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 […]
Chinese Aluminum Billionaire Indicted in $1.8 Billion Tariff Evasion Scheme…
We previously outlined Mr. Zhongtian Liu [HERE] as part of the early 2018 explanation for how China was exploiting the NAFTA loophole as an end-run around tariffs. Today the Central District of California U.S. Attorney announces his indictment – “A federal grand jury indictment unsealed late Tuesday alleges a complex financial fraud scheme in which […]
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