The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade dispute, President Trump said Tuesday, threatening an escalation of the action that has damaged economic growth of the world’s 2nd largest economy severely. Speaking at a cabinet meeting at the White House, President Trump said […]
It is not surprising that “stories are bouncing around” on the US-China trade deal, but the measure will be reached “in all likelihood,” Commerce Secretary Wilbur Ross said Friday. “This Phase 1 is relatively limited in its scope, and what’s really being debated is how many limitations will there be on the scope of Phase […]
House Speaker Nancy Pelosi (D-CA), and Treasury Secretary Mnuchin met Thursday in an effort to come to an agreement over funding for President Donald Trump’s wall for the southern border. Congressional and White House officials have been in a stalemate over $5-B for President Trump’s wall for months and now face a 21 November deadline. […]
Tuesday, President Trump on said the United States is close to signing a ‘Phase 1’ trade deal with China. President Trump added in a speech to the Economic Club of New York he will only accept a deal if it is good for his country and US workers. For weeks Trump has said the countries are close to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 notched record closing highs again Thursday, as President Trump continues to cheer as the market continues to charge higher into record territory. “Stock Markets (all three) hit another ALL TIME & HISTORIC HIGH yesterday! You are sooo lucky to have me as your President (just kidding!). […]
United States must continue to “economically strangle” Iran, but also be prepared to take military action, along with allies in the Middle East and Israel, if its actions continue, former Senator Joe Lieberman said Monday, after Iran’s announcement that it is in violation of the international nuclear deal. “Nothing else will stop them,” Senator Lieberman said Monday […]
Sunday, President Trump urged British Prime Minister Boris Johnson and Brexit Party leader Nigel Farage to come together to safeguard prospects for expanded US-UK trade after Britain leaves the European Union. President Trump told reporters at the White House that both men were friends of his, but Mr. Johnson was “the right man for the […]
$SPY Equity indices in the Asia-Pacific region ended Tuesday on a higher note. Japan’s Nikkei Closed, Hong Kong’s Hang Seng +0.2%, China’s Shanghai Composite +0.5%, India’s Sensex -0.9%, SKorea’s Kospi +1.2%, Australia’s ASX All Ordinaries +0.3%. S&P 500 futures are up Tuesday, suggesting there is pace for the underlying gauge to extend gainers after it […]
Sunday, UK PM Johnson vowed he would not quit as Britain’s Prime Minister even if he fails to secure a deal to leave the European Union, saying only his Conservative government can deliver BREXIT on 31 October. At the beginning of his party’s annual conference in Manchester, PM Johnson wants to rally his party with […]
UK Prime Minister Boris Johnson said Sunday the next few days will be key to his chances of securing a BREXIT deal, and that an agreement with the EU is his aim and still possible. With less than 7 wks remaining until Britain is due to leave the European Union, PM Johnson has yet to […]
President Trump is reportedly considering a French plan to allow a $15-B credit for Iran should it come back and comply with the Iran nuclear deal, according to US and foreign officials. The plan was originally floated by French officials but contingent on US approval. President Trump has recently lightened his stance and appeared to […]
The Trump Administration will continue to impose sanctions on whoever purchases Iran’s Crude Oil or conducts business with Iran’s Revolutionary Guards and no Crude Oil waivers will be re-issued. “We will continue to put pressure on Iran and as President (Trump) said there will be no waivers of any kind for Iran’s oil,” said Sigal […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street began this week on higher note following President Trump’s trade comments Monday, President Trump scaled back a US-China trade dispute declared that the 2 sides will begin serious negotiations soon. President Trump said his trade negotiators had received 2 “very good calls” from China Sunday. “I think we’re […]
President Trump said Monday that China is taking a significant financial hit as a result of his escalating trade fight. “China has taken a very hard hit over the last number of months,” President Trump said, and they are likely ready to make a deal with the United States. President Trump noted that China had […]
The EU is being “a bit negative” about the prospects of reaching a BREXIT but it can be done, British Prime Minister Boris Johnson said Tuesday. The bloc earlier rebuffed Mr. Johnson’s demand that it reopen the BREXIT deal, saying Britain had failed to propose any realistic alternative to the backstop, an agreed insurance policy […]
$GBP, $EUR, $USD Tuesday, the European Union rebuffed UK Prime Minister Boris Johnson’s demand that it reopen the BREXIT deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy for the border with Northern Ireland. After more than 3 years of BREXIT uncertainty, the UK is heading to a showdown […]
Sunday on TV, White House trade adviser Peter Navarro said he is optimistic about a trade deal with China because doing business deals is President Donald Trump’s strong suit. In a network TV interview, Mr. Navarro said he is optimistic that the President will “do the right thing for America“in negotiating with China. “One thing […]
UK Prime Minister Boris Johnson will tell French President Emmanuel Macron and German Chancellor Angela Merkel that the British parliament cannot stop BREXIT. “This coming week, Mr Johnson will travel to Germany and France to insist to Emmanuel Macron, the French president, and Angela Merkel, the German chancellor, that Parliament cannot stop BREXIT,” the report […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market wrapped up a volatile week on a lower note, with the S&P 500 down 0.7% Friday. Every time in the past year that President Trump weighed in on the trade dispute the market reacted negatively then responded positively, and the rally extended, I do not expect […]
Thursday, President Trump said no one is authorized to speak to Iran on behalf of the United States, and he accused French President Macron of sending “mixed signals” to Tehran over possible talks. “I know Emmanuel means well, as do all others, but nobody speaks for the United States but the United States itself,” President […]
President Trump said Saturday that things are going well with China, insisting US consumers are not paying for import taxes he has imposed on goods from that country. “Things are going along very well with China. They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and pumping in massive […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, President Trump said he may raise US tariffs on Chinese goods beyond 25% if trade negotiations with Beijing remain stalled. President Trump told reporters that the new 10% tariff he announced Thursday for $300-B in Chinese imports beginning 1 September will be imposed for a short term and could […]
Thursday, US Treasury Secretary Steven Mnuchin said that negotiators have reached an agreement on the core elements of a deal to increase the government’s borrowing cap and set a $1.3-T overall level for the agency budgets that Congress passes each year. He told reporters that talks with House Speaker Nancy Pelosi, (D-CA), have settled on […]
Tuesday, President Trump said “a lot of progress” had been made toward ending a volatile standoff with Iran, with his top diplomat saying Tehran had signaled willingness to negotiate over its disputed ballistic missile program. Earlier, Iran’s FM said Tehran would discuss its missile program after Washington stopped arming allies Saudi Arabia and the UAE, […]
Tuesday, EU powers accused Iran of “pursuing activities inconsistent with its commitments” under a Y 2015 nuclear deal and called for an urgent meeting of the parties to the agreement to discuss Tehran’s compliance. Britain, Germany, France, Russia, China and Iran are the remaining parties to the deal – known as the Joint Comprehensive Plan […]
FLASH: The pattern set up for Gold looks good, and the Smart Money is betting on a break out in here, as all of our Key indicators have turned Very Bullish. Gold futures rose to a multi-year high Friday, boosted by expectations of a rate cut by the Fed at its next meeting in late […]
Wednesday, President Trump said he was “in no rush” to make a deal with NKorea to get it to dismantle its nuclear weapons program, and touted what he called his positive relationship with NKorea’s leader Kim Jong Un. “I think we’re going to do very well with North Korea over a period of time. I’m […]
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 […]
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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]
$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 […]
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 […]
Saturday, US Treasury Secretary Steven Mnuchin said a US-China trade agreement would go “way beyond” prior efforts to open China’s markets to US companies and hoped that the 2 sides are “close to the final round” of negotiations. Secretary Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank Spring […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]
$GBP UK lawmakers rejected PM Theresa May’s BREXIT deal for a 3rd time Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the day it was supposed to leave the single currency socialist bloc. The decision to reject a stripped-down version of Mrs. May’s deal has left […]
$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: Theresa May summons Brexiteers to ward off coup. UK Prime Minister Theresa May was holding crisis talks with colleagues on Sunday working to revive her 2X Brexit deal after reports that her Cabinet was plotting to topple her. The United Kingdom’s exit from the European Union was already slipping from Mrs. May’s weakened grasp […]
$SPWR FLASH: Do not expect the renewable energy firms to endorse AOC socialist Green New Deal US solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic Presidential candidates to end U.S. fossil fuel consumption within a decade. But do not expect […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The latest fund manager survey from Bank of America showed the allocation to equities is at its lowest since September 2016 indicating that managed money missed the 2019 rally and will have to play catch up soon. The S&P 500 advanced 0.7% Tuesday, on Dovish expectations ahead of the […]
UK Prime Minister Theresa May will ask the EU to delay BREXIT by at least 3 months after her plan to hold a 3rd vote on the divorce deal was thrown into disarray by a surprise intervention from the speaker of Parliament. Nearly 3 years after Britain voted narrowly to leave the EU, its departure […]
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: Reports from commercial satellite images reveal that NKorea is rebuilding nuclear weapons testing site. President Trump’s NSA John Bolton knows the score, knows the mistakes of prior administrations with NKorea, is working to make real progress, and finally, the leverage is on our side right now. “The President has been very clear he is […]
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 […]
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 […]
FLASH: Larry Kudlow: ‘The Green New Deal Will Literally Destroy the Economy” White House economic adviser Larry Kudlow warns that Democrats proposing to overturn The Trump Administration’s success by offering socialist policies will derail economic growth. “I do notwant us to stand idly. I don’t want to let this stuff fester. I want it challenged, […]
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: “Lighthizer has worked miracles on this Chinese deal, we have never come this far on China trade.” White House economic adviser Larry Kudlow said the US and China are on the cusp of a historic agreement. Mr. Kudlow said the deal would commit Beijing to cut subsidies for state-owned companies and disclose when its […]
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, $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 […]
FLASH: The Green New Deal is beyond Crazy If you have not been disappointed by politics lately, you have noy been paying attention. The political fantasies of today may not become some major change immediately, but they do set the tone for where could head in the next few years. The “Green New Deal” sounds too crazy […]
$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]
FLASH: Green New Deal Reads Like a Democratic Party Suicide Pact Karl Rove, former White House deputy Chief of Staff, blasted the proposal by Representative Alexandria Ocasio-Cortez (D-NY), for a Green New Deal and called it a “laundry list of lunatic ideas.” His comments came Wednesday during an TV interview on “America’s Newsroom.” “She has a […]
President Trump said the 1 March deadline for US-China trade deal, “If we’re close to a deal where we think we can make a real deal and it’s going to get done, I could see myself letting that slide for a little while, but generally speaking, I’m not inclined to do that.” Financial markets for […]
Tuesday, President Trump expressed displeasure with a tentative deal by congressional negotiators on border security spending that offered no funds for his promised US-Mexican border wall, but did not reject it outright, indicating he did not expect another government shutdown. President Trump demand for $5.7-B from Congress to help build the Wall, said he has […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US-China trade talks resume in Beijing President Trump and China President Xi appear closer to a trade deal, according to Presidential counselor Kellyanne Conway. “The President wants a deal, and he wants it to be fair to American workers and American interests,” Ms. Conway said on TV early Monday. […]
The ‘bright burning’ progressive rising-starlet Representative Alexandria Ocasio-Cortez, (D-NY) is being dubbed the future of the party, if that comes to pass the Democrats are in big trouble. In remarks on TV Thursday afternoon, Joseph Lieberman, a former Democrat who was the party’s Vice Presidential nominee in Y 2000 before turning Independent said the party must […]
Progressive Dem Representative Alexandria Ocasio-Cortez’s (D-NY) call for a proposed “Green New Deal” to protect the environment “seems pointless,” Deputy Press Secretary Hogan Gidley said Friday. “It is quite rich for Congresswoman Ocasio-Cortez to point out the fact that we need to ruin our economy and stop all air travel and stop all cars in […]
UK Prime Minister Theresa May is preparing to delay the 2nd Parliament vote on her BREXIT deal until the end of February, it was reported late Wednesday. The PM’s whip, indicated at a cabinet meeting Tuesday that the vote would not be held next week as expected because Mrs. May will not have renegotiated her […]
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, President Donald Trump blamed Senate Minority Leader Chuck Schumer, (D-NY), and his fellow Democrats for “being weak and passive with Iran.” “Schumer and the Democrats are big fans of being weak and passive with Iran,” President Trump tweeted Thursday morning. “They have no clue as to the danger they would be inflicting on our Country. Iran […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US President Trump to Meet with China’s President Xi to Seal US-China Trade Deal Thursday, President Trump said he will meet with Chinese President Xi soon to try to seal a comprehensive trade deal as the top US trade negotiator reported “substantial progress” in 2 days of high-level talks. President […]
The Latest on Britain’s exit from the EU Austrian Chancellor Sebastian Kurz is suggesting it may be possible to give Britain more time to leave the European Union if it comes up with a good strategy, saying a no-deal BREXIT would be bad for everyone. Chancellor Kurz is quoted by Germany’s Welt am Sonntag newspaper […]
$GBP, $USD Wednesday, British Prime Minister Theresa May’s government survived a no-confidence vote, a day after her BREXIT deal was overwhelmingly rejected by lawmakers. The House of Commons expressed confidence in the government by 325 votes to 306, meaning Mrs. May can remain in office. There was no effect on US financial markets. Tuesday, UK […]
President Trump has called congressional leaders of both parties to a Wednesday afternoon briefing on The Wall at the White House News of the meeting came as President Trump used Twitter to urge House Minority Leader Nancy Pelosi to consider a “deal” on border security to end the government shutdown. The session will include a […]
Now the chances of the UK leaving the EU are “50-50’’ if Parliament rejects Prime Minister Theresa May’s withdrawal agreement in January, International Trade Secretary Liam Fox said in an interview Sunday. “If we were not to vote for that, I’m not sure I would give it much more than 50-50,” the veteran campaigner for […]
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 […]
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 […]
Theresa May, “I will be the PM to take Britain out of EU” Saturday, Theresa May said she would be the Prime Pinister to take Britain out of the European Union and that Parliament should back her BREXIT deal to ensure certainty for the future. Ms. May inked a deal with EU leaders last Sunday […]
President Trump is Open to China Trade Deal Despite Impending Tariffs President Donald Trump is open to reaching a deal on US-China trade disputes over dinner on Saturday with Chinese leader Xi Jinping in Argentina. However, President Trump is ready to hike tariffs on Chinese imports if there is no breakthrough As of Tuesday we […]
EU Leaders Seal BREXIT Deal, Call on Britons to Back PM May Sunday, EU leaders warned the British parliament not to wreck Prime Minister Theresa May’s BREXIT deal, saying a package agreed is the best Britain will get. “Those who think that, by rejecting the deal, they would get a better deal, will be disappointed,” […]
BREXIT Progress: UK Gives Consent to Spain over Gibraltar, Deal Done Spain’s junior minister for the European Union says British authorities have consented to Spanish demands granting Madrid prior approval on matters relating to Gibraltar. Luis Marco Aguiriano says “we have a promise, a commitment, from the British government saying they are ready to … […]
The Key Points of the Draft BREXIT Deal The UK and the EU have agreed to the final bit of their BREXIT deal, setting out a vision for close economic ties in a draft that hands Prime Minister Theresa May some Key political wins. EU Council President Donald Tusk said the draft had been agreed […]
Bank of England’s BREXIT Analysis Due Next Week The Bank of England will publish its economic analysis of Prime Minister Theresa May’s BREXIT deal next week as well as an assessment of what would happen if Britain crashes out of the EU with No deal. The assessments will be sent to lawmakers on the Treasury […]
See a 10% Rally in Stocks On a Trade Deal with China $DIA, $SPY, $QQQ, $RUTX, $VXX A positive US-China statement or a tariff pause are rising possibilities China’s Bear market is driving the settlement agreement. Investors pained by the pullback in stocks are looking toward this month’s G-20 Summit for a breakthrough on trade. […]
President Trump: “China wants trade deal, may not impose new tariffs.” Friday, US President Donald Trump said that China had sent a list of things it was willing to do to resolve trade tensions with the United States and his Administration may not have to impose further tariffs, but he added the situation was still […]
Roaring Trump Economy Benefits ‘Blue Collar’ Worker the Most Monday, White House economic adviser Larry Kudlow says American blue-collar workers are the ones most benefiting from President Donald Trump’s robust economic growth. “We’re running solidly. You know who the biggest beneficiaries are? Blue-collar workers. Take a look at the numbers,” the veteran financial guru and […]
The US Sanction Against Iran Have ‘Kicked In’ The Trump Administration’s tough new sanctions on Iran took effect early Monday but 8 major importers of Iranian Crude Oil were spared from immediate penalties. The sanctions target Iran’s energy, financial and shipping sectors and are aimed at crippling the country’s economy following President Donald Trump’s withdrawal […]
President Trump, “I Think We’ll Make a Deal With China on Trade” US President Donald Trump said Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the 2 countries’ differences but warning that he still may impose more tariffs on Chinese […]
BREXIT Deal Getting Closer A European Union (EU) chief says the chances of Britain and the bloc striking a BREXT deal are rising, amid reports the two sides are moving closer on the fraught issue of the Irish border. European Commission President Jean-Claude Juncker told Austrian newspapers in comments published Saturday that “the rapprochement potential […]
John Kerry ‘Actively Undermining’ US Policy on Iran Secretary of State Mike Pompeo is unloading on his Obama-era predecessor John Kerry for “actively undermining” US policy on Iran by meeting several times recently with the Iranian foreign minister, who was his main interlocutor in the Iran nuclear deal negotiations. Friday, in blunt and caustic language, […]
“US Under No Pressure to Make a Deal With China” Thursday, US President Donald Trump denied a recent report in the WS-J that claimed that his Administration has reached out to China to begin new trade talks. “The Wall Street Journal has it wrong, we are under no pressure to make a deal with China, […]
President Trump to Chair the Security Council Meeting on Iran US Ambassador to the United Nations Nikki Haley says President Donald Trump will Chair the Security Council meeting on Iran during the annual gathering of world leaders in New York this month. Ambassador Nikki Haley said Tuesday that the meeting will address “violations of international […]
President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair’” Saturday, US President Donald Trump warned Canada that it “will be out” of a revised North American trade agreement unless it’s “fair” to the United States, and he threatened to scrap the current deal should Congress “interfere” with the negotiations. “There is no […]
US Wants to Reach Canada Trade Deal ‘Quickly’ The United States want strike a quick trade with Canada after reaching an agreement with Mexico this week on continent-wide trade, US Treasury Secretary Steven Mnuchin said Tuesday. Canada’s Foreign Minister Chrystia Freeland traveled to Washington to begin talks later Tuesday, 1 day after US President Donald […]
President Trump Announces the United States-Mexico Trade Agreement The Trump Administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement (NAFTA) and replace it with a deal that the administration says is more favorable to the United States. US President Donald Trump, in announcing the tentative agreement Monday at […]
Like Tesla’s (NASDAQ:TSLA) Stock, its Bonds ‘Tanked’ Too $TSLA The ‘420’ Tweet has raised pointed question from The Street about his judgement, is it impaired? Like its stock price, Tesla (NASDAQ:TSLA) bonds have given up all of the gains they made after the company CEO, Elon Musk shocked investors with the ‘420’ Tweet on 7 […]
Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]
F1: Ferrari (NYSE:RACE) Said to Sign Kimi Raikkonen for 2019 $RACE Ferrari (NYSE:RACE) may be closing in on confirming their driver lineup for the Y 2019 season after the season-long debate of whether Kimi Raikkonen will be retained or replaced by the rising star Charles Leclerc. Mr. Raikkonen is out of contract at the end […]
Iran on the Verge of Collapse Willing to Talk with US ‘Right Now’ Iranian President Hassan Rouhani says he’s willing to talk to the US “right now”. His statement comes as US sanctions on the country took effect Tuesday. They were previously relaxed under the Y 2015 Iran nuclear deal. President Rouhani said Monday: “I do not […]
US, Mexico Said Near a Deal in NAFTA Talks, Canada Left Out The US and Mexico are in the final stages of negotiating a deal on rules for cars sold under NAFTA The 2 sides have exchanged new proposals for the auto industry. Mexican Economy Minister Ildefonso Guajardo is scheduled to travel to Washington Thursday […]
BREXIT: UK want US Deal As the British government prepares to finalize its withdrawal from the European Union and create new trade agreements, 64 percent of British voters and 67 percent of American voters support a strong, bilateral trade agreement between the two countries, according to a YouGov poll commissioned by Washington-based FP1 Strategies and […]
US Rejects European Plea for Exemptions From Iran Sanctions The Trump Administration has refused wide-ranging protections for European companies operating in Iran, rejecting appeals from Britain, France and Germany for exemptions from sanctions on the Tehran regime. Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin wrote, in response to a 4 June letter […]
Iran ‘Insulted’ over President Trump’s Instructions to OPEC $OIL, $USO Saturday, Iran’s oil minister on accused US President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output. US President Trump Wednesday accused the Organization of the Petroleum Exporting Countries (OPEC) of driving fuel prices higher, urging […]
Trump Vs Trudeau: Strong USD = Pain for All Canadians $USDCAD The Canadian Dollar (CAD) aka ‘Loonie’ slumped Monday on continuing trade issues between Canada and the US, and there is noting to keep the Loonie from extending its fall. USDCAD, +0.0539% was among the worst performers Monday following the G-7 Summit that saw US President Donald […]
‘The Art of the Deal’ Prevailed at the G7, Soon to be G8 Again “No tariffs, No barriers, No subsidies.” President Trump pulled President Macron aside and told him how things are to be. Mr. Trudeau also got the message, he is weak and dishonest Saturday in Quebec City, US President Donald Trump shook up a […]
President Trump Exits Iran Deal, Seeks Regime Change Now By exiting participation in the JCPOA (the Iran Deal) President Trump is applying heavy pressure on the fundamentalist Islamist Iran regime. Last Tuesday, President Trump ended his announcement by directly addressing the people of Iran saying: “The future of Iran belongs to its people. There has […]
