President Trump, “Hopefully China will start buying agriculture products from out great American Farmers.”

President Trump, “Hopefully China will start buying agriculture products from out great American Farmers.”

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 […]

President Trump: “Afghanistan is the Harvard for Terrorists”

President Trump: “Afghanistan is the Harvard for Terrorists”

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 […]

Presidents Trump and Xi Hit ‘Pause’ on Escalating Trade Dispute, Talks Back on Track

Presidents Trump and Xi Hit ‘Pause’ on Escalating Trade Dispute, Talks Back on Track

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 […]

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

Presidents Trump and Xi Discussing Resolutions to Long Running Trade Dispute

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 […]

US May Impose More Tariffs on China, No Preconditions in Talks this Weekend

US May Impose More Tariffs on China, No Preconditions in Talks this Weekend

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 […]

President Trump Begins Talks on China Trade, Iran, and NKorea

President Trump Begins Talks on China Trade, Iran, and NKorea

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 […]

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

$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 […]

US Wants an Enforceable Trade Deal with China

US Wants an Enforceable Trade Deal with China

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 […]

President Trump Perfectly Happy to Impose More Tariffs on China If No Deal Reached

President Trump Perfectly Happy to Impose More Tariffs on China If No Deal Reached

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 […]

Trade Talks are Scheduled Between Presidents Trump and Xi at the G-20 Summit

Trade Talks are Scheduled Between Presidents Trump and Xi at the G-20 Summit

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 […]

China Economy Going Strong

China Economy Going Strong

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 […]

President Trump, “Mexico is done, let’s get on with China”

President Trump, “Mexico is done, let’s get on with China”

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 Returns US to Position of Strength in the World

President Trump Returns US to Position of Strength in the World

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’s New Trade War Target: Chinese Students at Elite US Schools

President Trump’s New Trade War Target: Chinese Students at Elite US Schools

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 […]

US Seeking to ‘Level Playing Field’ With China

US Seeking to ‘Level Playing Field’ With China

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 […]

China Asserts (Begs) Desire for Further Trade Talks

China Asserts (Begs) Desire for Further Trade Talks

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 […]

Mining Rare Earths in the USA

Mining Rare Earths in the USA

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 Urged to “Go All the Way in Waging China Trade War”

President Trump Urged to “Go All the Way in Waging China Trade War”

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 […]

US Set to ‘Blacklist’ 5 Chinese Firms

US Set to ‘Blacklist’ 5 Chinese Firms

$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 […]

China Struggling to Grasp President Trump’s End Game

China Struggling to Grasp President Trump’s End Game

$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 […]

The US-China Tariffs Up & Down

The US-China Tariffs Up & Down

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 […]

US Stocks Sold Off Monday to De-risk Global Growth Concerns

US Stocks Sold Off Monday to De-risk Global Growth Concerns

$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 […]

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

President Trump is Feeding China a ‘Banquet of Bitter Fruit’

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 […]

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

China is “Cautiously Optimistic”on Trump Trade Talks Despite Tariffs’ Escalation

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 […]

US-China Trade Talks “Have Not Broken Down”

US-China Trade Talks “Have Not Broken Down”

$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 […]

President Trump Lowered Trade Boom on China and Zero Crude Oil Export Boom on Iran

President Trump Lowered Trade Boom on China and Zero Crude Oil Export Boom on Iran

$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 Cautiously Optimistic US-China Trade Deal Will Be Struck

Larry Kudlow Cautiously Optimistic US-China Trade Deal Will Be Struck

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 […]

China Trade Talks, Earnings Optimism Driving US Stocks

China Trade Talks, Earnings Optimism Driving US Stocks

$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 […]

China’s President Xi is ‘Afraid’ President Trump Will Walk Away if Trade Deal Not Right

China’s President Xi is ‘Afraid’ President Trump Will Walk Away if Trade Deal Not Right

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 […]

China-US trade talks prompt improved exporter sentiment

China-US trade talks prompt improved exporter sentiment

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 Still Bullish on Asia

Shayne Heffernan Still Bullish on Asia

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 […]

“Great Progress in China Trade Talks” Happening

“Great Progress in China Trade Talks” Happening

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 […]

China USA Trade Latest

China USA Trade Latest

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 […]

President Trump, “All or nothing at all!”

President Trump, “All or nothing at all!”

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 […]

“US ‘Deservedly’ Optimistic of China Trade Deal”

“US ‘Deservedly’ Optimistic of China Trade Deal”

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 Cuts Taxes Opens markets

China Cuts Taxes Opens markets

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 […]

FDI Will Lift China Growth

FDI Will Lift China Growth

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 […]

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

President Trump Makes it Clear, He Could Walk Away from the China Trade Deal if it is Not Right

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 […]

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

US-China Close to Resolving Trade Dispute, President Trump Pushes Deadline

$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 […]

NKorea Investment Boom: “The Steel Horse Wants to Run”

NKorea Investment Boom: “The Steel Horse Wants to Run”

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 […]

President Trump to Meet With China’s Chief Trade Negotiator

President Trump to Meet With China’s Chief Trade Negotiator

$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 […]

Deal to End the US-China Trade Dispute ‘On the Table’

Deal to End the US-China Trade Dispute ‘On the Table’

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 […]

US China Trade Talks

US China Trade Talks

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 […]

Crunch Time on US China Trade

Crunch Time on US China Trade

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 China Trade Talks to Shape Market

US China Trade Talks to Shape Market

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 […]

Markets Look to US China Trade Deal

Markets Look to US China Trade Deal

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 […]

President Trump Meets Chinese Vice Premier Liu This Week on Trade

President Trump Meets Chinese Vice Premier Liu This Week on Trade

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 […]

Trade Talks With China Will Be ‘Determinative’

Trade Talks With China Will Be ‘Determinative’

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 Economic Outlook

China Economic Outlook

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 […]

China Retail Market is Expanding

China Retail Market is Expanding

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, […]

China Trade Talks “going very well”, Extend to 3rd Day

China Trade Talks “going very well”, Extend to 3rd Day

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 China Trade Talks

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 […]

US-China Trade Talks Progressing, President Trump Optimistic

US-China Trade Talks Progressing, President Trump Optimistic

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 […]

US China Trade Deal Close

US China Trade Deal Close

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 […]

President Xi’s New Year Speech Rallies the Nation

President Xi’s New Year Speech Rallies the Nation

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 Kim Says He’s Ready for More Talks with President Trump

NKorea’s Kim Says He’s Ready for More Talks with President Trump

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 […]

President Trump: “China Wants to Make Deal With US”

President Trump: “China Wants to Make Deal With US”

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 […]

Canada has Damaged their Relationship with China

Canada has Damaged their Relationship with China

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 […]

“Do Not Get ‘Hung Up’ in Daily News From of China”

“Do Not Get ‘Hung Up’ in Daily News From of China”

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 […]

Hong Kong Economic Outlook Positive

Hong Kong Economic Outlook Positive

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 […]

President Trump: “Important Announcements on China Coming”

President Trump: “Important Announcements on China Coming”

$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 […]

US, China Map the Path to Trade Dispute Resolution

US, China Map the Path to Trade Dispute Resolution

 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 […]

Apple iPhone Sales will Suffer After China Ruling

Apple iPhone Sales will Suffer After China Ruling

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 […]

China, “US Should Withdraw Arrest Warrant for Huawei CFO Meng Wanzhou

China, “US Should Withdraw Arrest Warrant for Huawei CFO Meng Wanzhou

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 […]

Canada The Loser in Huawei Case

Canada The Loser in Huawei Case

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 Economic Update

China Economic Update

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

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

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

$5-B in Tariffs Collected in October From US-China Trade Dispute

$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 Issue Will Not Harm US Trade Talks With China

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

China Confident it Can Make President Trump’s Trade Deal

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 Working to Resolve Trade Differences ‘Quickly’

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 […]

White House Hails China Trade Truce

White House Hails China Trade Truce

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 […]

Victory for Trump as China Moves on IP Cheats

Victory for Trump as China Moves on IP Cheats

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

President Trump Expects China to Act Immediately on Trade Issues, the Details

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 China Trade War Eases: Buy these Stocks

US China Trade War Eases: Buy these Stocks

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 […]

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