Poland has signed a long-term deal with a U.S. company for supplies of liquefied natural gas as part of an effort to reduce its dependence on Russian energy, the two sides announced on Wednesday. Port Arthur LNG, a subsidiary of San Diego-based Sempra Energy, and Poland’s state gas company PGNiG jointly announced the agreement for […]
Democrats Introduce Bill Requiring Mexico Pay for Border Wall…
U.S. Secures 20-year Deal to Supply Natural Gas to Poland…
China to Cut Tax on US Vehicles to Ease Trade Tensions…
China will remove the retaliatory duty on automobiles imported from the U.S. for three months in an effort to defuse trade tensions with the world’s biggest economy. The 25% tariff it imposed in a tit-for-tat measure will be scrapped starting Jan. 1, the finance ministry said Friday. Earlier this week, Bloomberg News reported that China […]
Huawei Executive Requests Bail in Canada, Pending Extradition to U.S…
The issues appear multifaceted. In a Canadian court lawyers for Chinese company Huawei CFO, Meng Wanzhou, are arguing for bail while she awaits extradition to the United States for violations on Iran sanctions. There’s an element to this entire story that appears suspicious. President Trump was intentionally kept out of the loop; and that reality […]
The Trump Curveball: This Is What China Didn’t Expect…
A long-planned meeting between President Donald Trump and Chinese ruler Xi Jinping, scheduled for the sidelines of the G20 meeting at the end of next month in Buenos Aires, looks like it might not occur. And even if the get-together takes place, it does not appear it will be productive. There may even be no […]
Chinese Economy Slowing Faster Than Expected, Worst Yet to Come…
China’s economy appears to be slowing faster than expected at the start of the fourth quarter, a bad omen for growth early next year when the full force of the trade war with the United States comes to bear. This situation is likely to spur Beijing to introduce new measures to support growth, analysts said. […]
U.S. Reportedly Planning Tariffs on Remainin $257B in Chinese Goods If Trump-Xi Talks Fail…
The United States is preparing new tariffs against all remaining Chinese imports if trade talks between Presidents Donald Trump and Xi Jinping fail to reconcile the ongoing trade dispute, according to Bloomberg News. An announcement of a new round of taxes against goods from China could occur as early as December and target the rest […]
How China’s Economic Rise Killed Off 3.4 Million U.S. Jobs…
Scything through heartland America, the human toll has been immense. More than 3.4 million jobs in the United States have been lost since China joined the World Trade Organisation 17 years ago. At least 1.3 million jobs have disappeared in the past decade, fueling the trade war between Beijing and Washington and adding US$100 billion […]
5 Questions Worried Americans Will Ask After Dow Slumps Over 800 Points…
The Dow Jones Industrial Average DJIA, -3.15% S&P 500 index SPX, -3.29% and Nasdaq Composite Index COMP, -4.08% have all been experiencing volatility in recent months, weighed by rising bond yields and a trade war with China. The Dow fell more than 800 points and the S&P 500 had its worst day since February. What […]
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