FLASH: President Trump said again that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade dispute truce he reached with China’s Xi last month. “We have a long way to go as far as tariffs where China is concerned, if we want. […]
Monday, US Teasury Secretary Steven Mnuchin said he and US Trade Representative Robert Lighthizer may travel to Beijing for trade negotiations if talks by phone this week are productive. “We expect to have another principal-level call this week, and to the extent we make significant progress, I think there’s a good chance we’ll go there […]
Thursday, President Trump said that China was not living up to promises it made on buying agricultural products from American farmers as the world’s 2 largest economies work to resolve a trade dispute. “Mexico is doing great at the Border, but China is letting us down in that they have not been buying the agricultural […]
Monday, President Trump said that trade talks with China were under way and any deal would need to be somewhat tilted in favor of the United States. Presidents Trump and Xi agreed in a meeting Saturday at a G-20 Summit in Japan to restart trade talks after the last major round of negotiations collapsed in […]
President Trump talking about goals of pulling troops out of Afghanistan, the longest running war in American history says he has to listen to his generals to stay, because it is “Harvard for terrorists.” “I would like to just get out,” President Trump told Fox News’ “Tucker Carlson Tonight.” “The problem is it just seems to be a […]
FLASH: President Trump declared the US is “winning” the trade war a day after reaching a truce with Chinese President Xi. On a visit to SKorea following the G-20 Summit in Japan, President Trump said at a news conference that the Federal Reserve “has not been of help to us at all” in his trade […]
FLASH: Saturday, Presidents Trump and China’s Xi agreed to another pause in their trade dispute thus removing any immediate threat looming over the global economy even as a lasting peace remains in their sights. The 2 sides have agreed to restart trade negotiations that broke down last month and that the US agreed to put […]
The long running trade dispute between the world’s 2 economic titans is a Key point Saturday. Then Presidents Trump and Xi meet, both leaders are signaling a desire to de-escalate the year-long dust-up, a good will compromise is needed in here it seems. The meeting takes place on the sidelines of the international G-20 Summit […]
There are no preconditions set ahead of any trade talks with China, White House economic adviser Larry Kudlow said Thursday ahead of President Trump’s meeting with Chinese President Xi this weekend at the G-20 in Japan There were no specific agreements made ahead of the two leaders’ talks, Mr. Kudlow said in an interview. Mr. Kudlow […]
Thursday, President Trump began his overseas trip of the year with dinner with the Prime Minister of Australia, a friendly opening act before the impending gauntlet of negotiations on international crises, trade wars and a growing global To-Do list. President Trump is in Osaka, Japan, for the annual G-20 Summit. As his re-election bid heats […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]
United States wants to continue trade discussions with China that focus on structural changes and enforcement mechanisms when talks continue late this month during the G-20 Summit in Japan, White House economic adviser Larry Kudlow said Tuesday. “The United States wants to continue the conversations about structural changes regarding intellectual property theft and forced technology […]
FLASH: Commerce Secretary Wilbur Ross said President Trump is ready to proceed with tariffs on the remaining $300-B in Chinese goods if a trade pact cannot be reached with Beijing. Secretary Ross told reporters Monday that enforcement would be the most important element of any potential deal between the world’s two largest economies. “We will […]
Attention has turned to a meeting between President Trump with Chinese President Xi at the G-20 Summit in Japan later this month as the next step in the trade standoff between the world’s 2 biggest economies. The Chinese government would not confirm Tuesday that such a meeting will take place, ‘mums the word.’ “We note […]
Late Monday, President Trump said he does expect Chinese President Xi to be at the G-20 Summit in Japan this month and the 2 world leaders are scheduled to talk at the gathering of leaders from the Top industrialized and emerging economies. Since the trade talks last month in Washington ended in a stalemate, President […]
Monday, President Trump said he is ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China’s President Xi at a Group of 20 Summit later this month. Since the trade talks last month in Washington ended in a stalemate, President Trump has said he […]
China’s exports beat gloomy forecasts to rebound in May though imports sank more than expected as the trade war with the United States heats up, official data showed Monday. The spat between the world’s top two economies escalated last month, with President Donald Trump increasing tariffs on $200 billion in Chinese goods. But Chinese exports […]
“If I’m China, I’m worried about the progress we’re making with Mexico, the passage of the USMCA,” he said, saying it will allow President Donald Trump to ‘take the same sort of strategy to China,”– Senator Tom Tillis (R-SC) According to Senator Tillis, the deal with Mexico to secure the southern border and staunch the […]
FLASH: President Trump declared a victory after Washington and Mexico agreed on measures to stem the flow of Central American migrants into the United States. President Trump called off plans to impose a 5% tax on Mexican exports, and Treasury Secretary Steven Mnuchin, speaking to reporters Saturday in Fukuoka on the sidelines of a meeting […]
President Trump’s tough talk to Iran is not warmongering, but a return to the United States acting from a position of strength. “This is what American Presidents used to do talk tough, before President Obama. They used to talk about American strength and the desire for peace over war, but war if necessary. We are returning […]
President Trump is proving himself as a “genuine world leader” with his reception in England and during other recent trips, former House Speaker Newt Gingrich said Tuesday. “There is something pathetic about the American news media who end up in Japan or end up in Great Britain, end up in France,” Speaker Gingrich said. “Half […]
The Trump Administration has started taking aim at China’s best and brightest schooling in the US, scrutinizing researchers with ties to Beijing and restricting student visas. Several Chinese graduate students and academics say that recent weeks that they found the US academic and job environment increasingly unfriendly. China’s Education Ministry issued a warning Monday on […]
Monday, Secretary of State Mike Pompeo said that the United States is seeking to “level the playing field” with China after decades of unfair trade practices. President Donald Trump wants to ensure that Chinese and US companies are doing business on equal terms, Secretary Pompeo said. “We are very concerned that Western companies, American companies […]
FLASH: China issues report blaming US for trade dispute, asserts desire for further talks. China’s struggling to save face. The latest US tariffs on Chinese imports will not resolve the 2 countries’ trade issues, and the United States bears responsibility for setbacks in the talks process, a policy paper published by the Chinese government said […]
The US Defense Department is seeking new federal funds to bolster domestic production of rare earth minerals and reduce dependence on China, the Pentagon said Wednesday, amid mounting concern in Washington about Beijing’s role as a supplier. The DOD’s request was outlined in a report that sent to the White House and briefed to Congress, […]
President Trump should intensify his trade battle with China by barring Chinese businesses from US capital markets and technology, his former White House chief strategist, Steve Bannon, said. ‘He has to go all the way; it’s not a trade war, it’s an economic war they’ve been running against the West,’ Mr. Bannon said in an […]
FLASH: The buyer has the ultimate power, the US is the buyer. Economist Gary Shilling predicts that not only will President Trump win the ‘trade war’ with China, but in the long run the US will be better off. “People say nobody wins trade wars. Yeah, in the short-run you don’t, but in the long-run…the […]
FLASH: The US is Not ready to make a trade deal with China, President Trump said while on a state visit to Japan. “I think they probably wish they made the deal that they had on the table before they tried to renegotiate it,” President Trump said Monday at a joint press conference in Tokyo […]
Many investors fear that the US-China trade dispute will inflict long-lasting damage on the US, but economist Gary Shilling, PhD disagrees. “People say nobody wins trade wars. Yeah, in the short-run you do not, but in the long-run…the US will be better off,” Dr. Shilling asserted in an interview with Business Insider published early this […]
$CNY, $INTC, $QCOM The Trump Administration is considering cutting off the flow of vital American technology to 5 Chinese companies including Hangzhou Hikvision Digital Technology Co., widening the dragnet beyond Huawei to include world leaders in video surveillance. The US is deliberating whether to add Hikvision, Zhejiang Dahua Technology Co. and several unidentified others to […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Note: The Mins from the May FOMC meeting showed that policymakers are comfortable with the current fed funds rate range while “a number of participants” saw a moderation in risk and uncertainties surrounding their outlooks for the year. The Key takeaway is that the stock market has a reasonable […]
FLASH: President Trump is bringing the Fed into the US-China trade war. Tuesday, President Trump called on the Fed to “match” what he said China will do to offset economic hardship being caused by tariffs. “China will be pumping money into their system and reducing interest rates, as always, in order to make up for […]
Monday, China raised tariffs on a paltry $60-B of U.S. goods in retaliation for President Trump’s decision to increase tariffs on $200-B worth of Chinese imports last week, escalating the 10 month trade dispute between the world’s 2 largest economies. President Trump shook the world trade order by imposing unilateral tariffs to combat what he […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks sold off Monday, as trade tensions escalated after China retaliated with a tariff rate hike on US imports. The 2.4% drop in the S&P 500 in a broad-based effort to de-risk amid global growth concerns. Stocks sold off as US-China trade tensions escalated, China increased its tariff rate […]
FLASH: US and China at impasse over trade, Larry Kudlow says new tariffs will remain. The United States and China appeared at a deadlock over trade negotiations Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests. The trade dispute […]
President Trump said it would be wise for China to “act now” to finish a trade deal with the US, predicting that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in Y 2020. “I think that China felt they were beaten so badly in the […]
China and the US have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as President Trump ordered his trade Chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced some optimism on reaching a deal, but said there were “issues of principle” on […]
$SPY UPDATE: China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as President Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced a measured optimism on reaching a deal, but said there were […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: DJIA tested to its 50-Day MA and bounced, as sellers were few and buyers came in and bought the dip. There was no fear in the market from the US-China issues and/or President Trump’s hammering of Iran. Savvy market participants see President Trump’s China goods tariff threat as a […]
Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: A US trade delegation, which included USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Beijing for a two-day meeting on Thursday. Reuters reported Wednesday evening that Chinese negotiators made “unprecedented” proposals on a range of issues including forced technology transfers. Despite the progress, the market continues to wait […]
FLASH: Robert Lighthizer and Steven Mnuchin visit China this week to forge a US-China trade deal The US and China resume high-level trade talks this week as they close in on a deal that could just be a big step in the long road to economic peace. President Trump’s Top trade negotiator, Robert Lighthizer, and […]
FLASH: “We will make a great or not at all.” President Trump’s chief economic adviser says China’s President Xi is “afraid” to sit down with until their countries finalize a trade deal. Larry Kudlow, director of the White House’s National Economic Council, says President Xi Jinping wants everything agreed to before meeting with President Trump […]
The HKTDC Export Index 1Q19, for the first quarter of 2019, rebounded four points from the previous quarter to 39.2, indicating that confidence among exporters is growing across all sectors and markets. “Progress in the trade talks between Mainland China and the United States has led to an improved sentiment. However, it is still expected […]
Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]
FLASH: “I’m in no rush. I want the deal to be right. … I am not in a rush whatsoever. It’s got to be the right deal. It’s got to be a good deal for us and if it’s not, we’re not going to make that deal.” President Trump said Wednesday he is in no […]
FLASH: President Trump Tweeted Sunday: The media is “hostile and corrupt” because it is failing to recognize the accomplishments of his Administration. President Trump’s Top economic adviser Larry Kudlow said Sunday trade negotiations between the United States and China are making “great progress.” In a TV interview Sunday, Mr Kudlow, the director of the National […]
February was basically a month long holiday in China so reading too much in to the trade data from last month is dangerous. The important news out of China were the various moves Xi has made to stimulate local demand and FDI. The consumer price index in China fell to its lowest level in a […]
Beijing is hopeful about its next round of trade talks with the US, China’s vice minister for commerce said Saturday, after revealing that top negotiators had tried to hammer out a deal over burgers and eggplant chicken. China and the United States have been locked in a bruising trade war since last year, imposing tit-for-tat […]
The White House’s Top economic adviser Larry Kudlow said Friday that President Trump and Chinese President Xi could meet on trade later this month or early next month. “Nothing in cement, but there’s a lot of talk about a meeting, yet.” President Trump Friday said he is confident the United States can forge a trade […]
FLASH: Trade talks with China could collapse if a deal cannot be reached on enforcement of these “structural” issues. President Trump said on Wednesday that trade talks with China were moving along well and predicted either a “good deal” or no deal between the world’s 2 largest economies. Washington and Beijing have been in intense […]
Wednesday, White House economic adviser Larry Kudlow says there’s “hope” that President Trump and Chinese President Xi will meet soon to finalize an agreement officials are optimistic a trade deal will be forged soon. “I don’t want to go into a timeline. There is hope that perhaps by the end of this month or early […]
China’s premier warned Tuesday that the country faces a “tough struggle” as he unveiled tax cuts to prop up a stuttering economy while increasing military spending to nearly $180 billion. The slowdown and US trade war have become major challenges for President Xi Jinping, a year after becoming the country’s most powerful leader since Mao […]
China’s legislature will vote next week on a highly-anticipated bill that will bring “a fundamental change” for foreign investors, an official said Monday, in a move that could help ease US trade tensions. The draft foreign investment law will be the most closely watched item at the annual two-week session of the rubber-stamp National People’s […]
Asian markets rose Monday on growing optimism for a trade deal between China and the United States after reports said the two sides were close to a breakthrough. With a busy week of data releases and events coming up, investors got off to a positive start as they cheered stories saying the tariffs stand-off between […]
FLASH: “I am always prepared to walk!” President Trump Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress towards an agreement to end a dispute with the Asian country. The United States has imposed tariffs on hundreds of […]
FLASH: World Stock Markets Up Across the Board Early Monday, President Trump said he is optimistic that a final trade deal could be reached with China and that he would hold a Summit to sign any pact, but cautioned an agreement may still not happen. Speaking at the White House a day after signaling that […]
$SOY, $USD, $CNY FLASH: “…productive talks, I will be delaying the US increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for US & China!” The US and Chinese […]
At SKorea’s northernmost train station, the tracks stop abruptly ahead of the demilitarized zone that marks the NKorean border. A sign reads: “The steel horse wants to run.” That may soon become a reality as US President Trump and NKorea’s Chairman Kim Jong Un prepare for a @nd summit next week in Vietnam. The outcome […]
$SOY, $CORN, $WEAT, $CNY President Trump plans to meet with China’s Top trade negotiator Friday afternoon as the US forges a preliminary deal before tariffs on some Chinese imports more than 2X next month. The meeting with Chinese Vice Premier Liu would cap the latest round of talks in Washington, with Trade Representative Robert Lighthizer […]
The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a 7-month trade dispute, according to sources familiar with the negotiations. The world’s 2 largest economies have placed tit-for-tat tariffs on hundreds of billions of dollars of […]
Top US economic officials were to meet on Friday with Chinese President Xi Jinping as the sides aim to wrap up trade talks in Beijing with enough goodwill to extend a truce in their tariff war. The world’s two biggest economies are seeking an accord to bridge their deep trade differences, after President Donald Trump […]
US and Chinese negotiators are set to kick off two days of official trade talks in Beijing Thursday as the world’s top two economies try to patch up their festering economic dispute. Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated Tuesday in Washington […]
US negotiators were in Beijing on Monday for another round of talks on a trade deal with the clock ticking towards a March 1 deadline set by President Donald Trump. Preliminary discussions by lower-level officials were to be held, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin step in for the main […]
With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major implications for the global economy. China’s economy already has shown signs of slowing, while the trade war has shaken the confidence of US businesses, as retaliatory tariffs have raised prices […]
US President Trump is optimistic about the prospect of a trade deal with the Chinese after the “good vibe” of negotiations this week, a top White House adviser said Friday. “The talks on Wednesday and Thursday in general had what I call a good vibe,” White House National Economic Council director Larry Kudlow said Friday in […]
Thursday, US President Donald Trump will meet Chinese Vice Premier Liu He during his visit to Washington for trade talks, the White House said on Monday. Beijing and Washington are engaging in high-level talks this week as part of negotiations intended to walk back trade tensions between the globe’s 2 largest economies. Related story The […]
Thursday, White House economic adviser Larry Kudlow said that the upcoming trade talks between the United States and China will be Key in determining whether the globe’s 2 largest economies can reach a deal on trade. Chinese Vice Premier Liu He will meet with US Trade Representative Robert Lighthizer in Washington on 30-31 January. “I think […]
China’s economic growth of 6.5% in the past quarter was the weakest since the financial crisis and is expected to slow further. How are emerging domestic and global trends affecting China’s economic outlook? Did you know: China’s GDP growth is slowing from 6.6% last year to a projected 6.3% this year. Background reading: Is a […]
Chinese consumers should outspend their American counterparts in 2019, with retail sales in the Asian giant continuing to grow in the coming years, according to an industry forecast published Wednesday. Retail sales in China are expected to hit $5.64 trillion, an increase of 7.5 percent over 2018, while Americans are likely to spend $5.53 trillion, […]
Friday, White House senior economic adviser Larry Kudlow said that the United States and China were making progress on trade negotiations but reaching a deal would take time. “We have made some progress with China in the deputy’s meeting in Beijing,” he said in a TV interview. “We are making progress in negotiating on the grandest […]
The US is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal, and could again resort to tariffs if it deems Beijing has violated the agreement. A continuing threat of tariffs hanging over commerce between the world’s 2 largest economies would mean a deal would not […]
President Trump expressed optimism that US-China trade talks in Beijing are progressing well. Chinese authorities to give a statement following the latest round of negotiations. “Talks with China are going very well!” President Trump tweeted on Tuesday as the 2nd day of mid-level meetings wrapped up. While the hosts indicated the talks would run Monday and Tuesday, […]
US officials entered a second day of trade talks with Chinese counterparts in Beijing on Tuesday, overshadowed by an unannounced visit from North Korean leader Kim Jong Un. This is the first time the two sides have met face-to-face since US President Donald Trump and President Xi Jinping agreed to a tariff truce during a […]
President Trump is expressing optimism about trade negotiations with China as US officials are expected in Beijing for talks aimed at easing a trade dispute. President Trump spoke recently to Chinese President Xi Jinping Sunday, saying: “I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.” After several […]
President Donald Trump said Friday he is confident Washington and Beijing will reach a deal to bring to a close the months-long trade dispute that has roiled global financial markets. “I think we will make a deal with China,” Trump said at the White House, and noted that talks are underway with China “at the […]
China’s President Xi Jinping delivered a New Year speech Monday evening, calling on the whole nation to strive for “an unprecedented and great cause” in Y 2019, the 70th anni of the founding of the People’s Republic of China. Chinese people, who are self-reliant, hardworking and enterprising, have created a China miracle recognized by the […]
NKorea’s leader Kim Jong Un said Tuesday he want to extend his Summitry with President Trump into Y 2019. During his televised New Year’s speech, Chairman Kim said he is ready to meet with President Trump at any time to produce an outcome “welcomed by the international community.” He told his countrymen that the North […]
US and China plan to hold meetings in January to negotiate a broad truce in their trade dispute, that according to Treasury Secretary Steven Mnuchin. Secretary Mnuchin, speaking in a roundtable interview Tuesday said the 2 sides had held several phone conversations in recent weeks and were in the process of planning the formal face […]
President Donald Trump, saying China admits the trade war with the U.S. has taken a toll on its economy, announced the Chinese now want to make a major deal with the White House. President Trump’s comments came in a Friday Tweet. He wrote: “China just announced that their economy is growing much slower than anticipated because […]
The arrest of a top Chinese tech executive at the request of the US has snared Canada in the middle of a major international dispute involving Beijing and Washington. Ottawa confirmed on Thursday that China had detained two Canadian nationals under what Beijing has said is suspicion of threatening its national security. That came nearly […]
Thursday, the White House National Trade Council Director Peter Navarro urged people not to get “hung up” in the day-to-day news of what China says it plans to do, following reports the country is preparing a new policy that will promise greater access for foreign countries. “I would focus on March 1, when we’ll have […]
The Hong Kong Trade Development Council (HKTDC) today published its annual export forecast, saying it expects Hong Kong exports to increase 5% in value and 3% in volume in 2019. Meanwhile, the latest HKTDC Export Index for the fourth quarter of 2018, also published today, edged down slightly on the previous quarter, showing that exporters […]
$DIA, $SPY, $QQQ After a Twitter monologue about the border Wall Tuesday morning, President Donald Trump offered hints of good news about US negotiations with China. “Very productive conversations going on with China! Watch for some important announcements! The trade truce between Presidents Trump and Xi will halt pause 1 January planned tariffs, with large […]
China and the United States discussed the road map for the next stage of their trade talks early Tuesday, during a telephone call between Vice Premier Liu He and US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer. This month in Argentina, Presidents Trump and Xi agreed to a truce that delayed the planned […]
A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday. The statement said the Fuzhou Intermediate People’s Court had granted Qualcomm’s request for two preliminary injunctions against four subsidiaries of Apple, ordering them to immediately to stop […]
Chinese Vice Foreign Minister Le Yucheng told US Ambassador Terry Branstad that the United States has made an “unreasonable demand” on Canada to detain Ms. Meng while she was passing through Vancouver, China’s Foreign Ministry said. “The actions of the US seriously violated the lawful and legitimate rights of the Chinese citizen, and by their […]
China on Saturday summoned the Canadian ambassador over the “unconscionable and vile” detention of telecom giant Huawei’s chief financial officer in Vancouver, state media reported, in Beijing’s latest angry response to the hot-button case. Meng Wanzhou has been held since December 1 in Canada on an American extradition request and faces US fraud charges related […]
China’s trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world’s top two economies continue to be tense despite a trade war truce struck between US President […]
China Feels the Pain as Exports, Imports Shrink, Markets Collapse $SOY, $USD, $UNG China has reported weaker than expected November exports and imports, showing slower global and domestic demand and raising the likelihood that more measures to keep the country’s growth rate from slipping too much will be put in place. November exports only rose […]
$5-B in Tariffs Collected in October From US-China Trade Dispute On Thursday and again on Friday, President Trump Tweeted that talks with China are going well. According to the data, the tariffs which are often paid by importers, who then pass the added costs onto companies to whom the products belong are may fall on the shoulders of […]
Huawei Issue Will Not Harm US Trade Talks With China Huawei CFO Meng Wanzhou bail hearing underway in Vancouver The White House economic adviser Larry Kudlow said Friday that he does not see the controversy surrounding China’s Huawei Technologies Co. Ltd. (a private company) spilling into the trade talks between the United States and China. […]
China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]
China Working to Resolve Trade Differences ‘Quickly’ China is confidence that it can reach a trade deal with the United States very timely. Tuesday, US President Donald Trump warned that he would revert to more tariffs if the 2 sides cannot resolve their differences within the time frame set out Saturday. The Chinese Commerce Ministry […]
Trade Deal Will Have Rules China Must Obey President Donald Trump said US-China relations has taken a big step forward at the weekend after he and Chinese President Xi Jinping agreed to hold off on new tariffs, and urged Beijing to finalize a trade deal with Washington within the next 90 days. The trade deal […]
White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]
President Trump Warns Xi, Get the Trade Deal Done or Suffer the Pain $SPY, $SOY, $UNG Tuesday, President Donald Trump held out the possibility of an extension of the 90-day trade truce with China warning he would revert to tariffs if the 2 sides do not resolve their differences. President Trump said his team of […]
China announced Tuesday stiffer punishments for serious infringers of intellectual property — including barring them from buying real estate or going on expensive holidays — as Washington clamours for action on the issue following a trade war truce. The National Development and Reform Commission, China’s state planner, along with 37 government departments, released a joint […]
President Trump Expects China to Act Immediately on Trade Issues, the Details The Trump Administration expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said Monday. US President Donald […]
US President Donald Trump boasted Monday that US relations have taken a “BIG leap forward” with his meeting in Argentina with President Xi Jinping. “Very good things will happen. We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!” he said in […]