T-Room Here: This interview of Steve Bannon by Kyle Bass is very informative, especially on all things China. It may have been filmed in 2018 and released in 2019 the substance of the interview is timely. “Steve Bannon and Kyle Bass discuss America’s current geopolitical landscape regarding China. Bannon and Bass take a deep dive […]
China, Joe Biden and the 2020 Election…
On April 25, 2019, Joe Biden declared his candidacy for the Democratic presidential nomination. Seven days later, on May 3, 2019, the Chinese sent a diplomatic cable to the Trump Administration blowing up a 150-page draft agreement that had taken many months to negotiate. The cable was riddled with reversals by China that undermined core […]
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 […]
Beijing Pledges Fight “To the End” Against U.S. Economic Confrontation – Let It Be So…
An announcement from China on Saturday, pledging a full economic war against the United States, will likely not come as a surprise for most CTH readers. However, it does serve as emphasis for our 2017 statement: “prepare your affairs accordingly.” When we followed up a few months later with the warning: “There is no upper […]
White House Trade Advisor Peter Navarro Discusses Enhanced China Tariffs…
Dow Plunges More Than 600 on Worsening U.S.-China Trade Brawl…
U.S. stocks plunged Friday, with the Dow Jones Industrial Average dropping more than 600 points as President Trump vowed to retaliate against China’s fresh round of tariffs on some U.S. goods beginning as early as Sept. 1. The sell-off — which at one point saw the blue-chip Dow down more than 700 points — left […]
SHOT: Futures Plunge After China Announces Retaliatory Tariffs on Another $75BN in U.S. Goods…
Just over an hour after the Global Times’ Hu Xijing warned that China would announce retaliatory tariffs on certain US products, adding that “China has ammunition to fight back”, that’s precisely what happened when China’s Ministry of Finance said in statement posted on website late Friday that it would levy retaliatory tariffs on another $75BN […]
CHASER: President Trump Announces Tariff Increases on Chinese Products…
President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019. This is one arrow in a quiver filled with economic consequences: The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019. The pre-planned 10 percent tariff on $300 […]
Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…
U.S. stocks, especially shares of tech companies, and bond yields rallied Tuesday after the White House said tariffs on key Chinese imports would be delayed. Early in the day’s session, equities turned positive on a report that China’s commerce secretary agreed to conduct a phone call in two weeks with U.S. Trade Representative (USTR) Robert […]
Now It Makes Sense – Beijing Assigned Hardline Trade Handler to Vice-Premier Liu He…
We had to wait a few weeks to see how the Beijing communists and Xi Jinping hardliners were positioned for new trade talks; and now things make sense. Initially it seemed at odds with Beijing’s prior position to restart U.S-China trade negotiations with Vice-Premier Liu He. The prior three months of negotiation came to a […]