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Steve Bannon’s Warning on China Trade War with Kyle Bass (VIDEO)…

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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 […]

Conway: Trump Came to DC to ‘Disrupt It’ — Part of That Is Trade Agreements That ‘No Longer Screw’ the Workers, Employers…

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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 […]

Dow Plunges More Than 600 on Worsening U.S.-China Trade Brawl…

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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…

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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…

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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 […]

U.S. Container Ports Report Surprising Growth Despite Tariffs…

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Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7% year-on-year import throughput growth in July, for a cumulative 1,865,645 teu. However, analyst John D McCown, of consultancy Blue Alpha Capital, still believes that the impact of tariffs on Chinese imports “will become dramatically more pronounced”. The better-than-expected […]

Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…

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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 […]

‘Another Nail in the Coffin’ of Democracy and Journalism as U.S. Newspaper Giants Gannett and GateHouse Announce $1.4 Billion Merger…

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Members of the press and democracy advocates issued grave warnings about the future of journalism in the United States on Monday after the nation’s two largest newspaper publishers unveiled plans for a $1.4 billion merger that, if approved, will spawn an “unprecedented” media conglomerate. GateHouse Media announced Monday that it will purchase Gannett, which owns […]

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