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U.S., China Signal Room for Talks with Trade Tensions Heating Up…

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The U.S. and China indicated they’re willing to negotiate on escalating frictions, helping to ease fears among investors that a tit-for-tat trade dispute could derail the strongest global expansion in years. The White House’s National Economic Council Director Larry Kudlow spent much of the day Wednesday trying to calm markets after the two countries announced […]

IMF Director Christine LaGarde Is Out, Investment Banker Mark Rosen In…

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On Wednesday, President Donald Trump selected Connecticut businessman and former investment banker Mark Rosen to be the new executive director of the International Monetary Fund (IMF). Rosen is “currently chairman of Latin America investment banking at Bank of America Merrill Lynch,” the White House said in a statement. Rosen has over 30 years of experience […]

U.S. Trade Report Lays Bare Chinese Government Cyber-Espionage…

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China’s government is engaged in a systematic program of cyber attacks on American and foreign companies, according to a US government trade report made public last week. The cyber intrusions into corporate networks are one of four areas identified by the office of the US Trade Representative as unfair trading practices. These have prompted the […]

Chuck Grassley Gives the Green Light to Call Out China for Currency Manipulation…

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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. […]

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