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 […]

Fear of Recession Looms in China

Fear of Recession Looms in China

FLASH: President Trump’s tariffs slows China growth engine China’s exports fell the most in 3 years in February, while imports fell for a 3rd month running, pointing to a further slowdown in the economy and a trade recession despite a PBoC”s support measures. The shockingly weak readings from the world’s largest trading nation added to […]

Trump Trade Deal Optimism Driving This Market

Trump Trade Deal Optimism Driving This Market

$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 […]

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 […]

US Considering Lifting Some or All Tariffs Against Chinese Imports

US Considering Lifting Some or All Tariffs Against Chinese Imports

$DIA, $SPY, $QQQ, $RUTX, $VXX The US market spiked on reports that the US is considering lifting tariffs on China imports during trade negotiations. US Treasury Secretary Steven Mnuchin has discussed the lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for 30 January. But […]

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 […]

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. […]

President Trump is Open to China Trade Deal Despite Impending Tariffs

President Trump is Open to China Trade Deal Despite Impending Tariffs

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 […]

Turkey and US Hold Talks on Coming Iran Sanctions

Turkey and US Hold Talks on Coming Iran Sanctions

Turkey and US Hold Talks on Coming Iran Sanctions $OIL, $GLD US and Turkish officials met Friday to discuss impending American sanctions on Iran. US Assistant Secretary for Terrorist Financing Marshall Billingslea, met with Turkish treasury and foreign ministry officials, said his talks in Ankara were very “positive” and that there was “no hostility” on […]

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports”

President Trump, “‘Ready to Go’ With Tariffs on $500-B of Chinese Imports” US President Donald Trump has indicated that he is willing to hit every product imported from China with tariffs. President Trump said “I’m willing to go to 500,” referring roughly to the $505.5-B in goods imported last year from China. The Trump Administration […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World

President Trump Staking US Trade Position Vs China and the World The US trade figures for February that were released this week and showed a widening deficit. President Donald Trump’s policies over the past year have been calculated to increase the size of the US trade and current account deficits. One could easily say that the […]

President Trump to the EU, “Drop your tariffs, we will drop ours”

President Trump to the EU, “Drop your tariffs, we will drop ours”

President Trump to the EU, “Drop your tariffs, we will drop ours” US President Donald Trump challenged the European Union (EU) Saturday to “drop their horrific barriers and tariffs on US products” if those countries did not want to see new duties on their steel and aluminum exports to America. “We will likewise drop ours,” […]

Chinese Leaders, “More Imports, Less Financial Risk”

Chinese Leaders, “More Imports, Less Financial Risk”

Chinese Leaders, “More Imports, Less Financial Risk” Chinese leaders have promised to increase imports and reduce risks in their financial system following an annual planning meeting amid slowing economic growth and pressure from trading partners to open their markets wider. The 3-day meeting that ended Wednesday is a throwback to China’s era of central planning, […]

US Steel Stocks Spike on President Trump’s Buy America Initiative

US Steel Stocks Spike on President Trump’s Buy America Initiative

US Steel Stocks Spike on President Trump’s Buy America Initiative $X, $NUE, $STLD, $CLF US President Donald Trump launched an investigation Thursday to determine whether Chinese and other foreign-made steel threatens US national security, raising the possibility of new tariffs and triggering a rally in US steel stocks. US Commerce Secretary Wilbur Ross cast the […]

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs $DIA, $SPY, $QQQ, $VXX The US trade deficit fell more than expected in February as exports increased to a 2 year high and slowing domestic demand weighed on imports. The narrowing in the trade gap comes as The Trump Administration is pushing ahead with […]

Free Trade Is No Longer “Free”

Free Trade Is No Longer “Free”

Free Trade Is No Longer “Free” $BAC US President Donald Trump’s campaign vow to renegotiate trade deals that he blamed for gutting US factories and shipping good-paying jobs overseas has reopened this debate: who benefits from global commerce. Free trade is not free because of other kinds of bureaucratic hurdles that add costs and hinder […]

China to Build $2-B Film Studio & Industry Park

China to Build $2-B Film Studio & Industry Park

China to Build $2-B Film Studio & Industry Park China’s government has announced plans to build a $2-B film studio, in the latest example of a national push to expand its cultural influence. State media reported that the studio in the southwestern municipality of Chongqing will include a theme park and tourist facilities. Construction will […]

Iran is open for business, what does it mean for GCC companies?

Iran is open for business, what does it mean for GCC companies?

Iran is open for business, what does it mean for GCC companies? In January this year, senior diplomats from around the world formally announced the lifting of sanctions against Iran. In principle this put a definitive end to 37 years of various degrees of sanctions imposed on the country. Boardrooms of global Fortune 500 companies […]

The World of EV’s Need Massive Supply of High Grade Lithium

The World of EV’s Need Massive Supply of High Grade Lithium

The World of EV’s Need Massive Supply of High Grade Lithium Experts say that the amount of lithium being produced in North America will not be enough to meet the growing demand for EVs (electrical vehicles) but that some of problem might/might not be alleviated via recycling, According to a report from the US EPA: […]

US Economic Weakness Demand Careful Monitoring

US Economic Weakness Demand Careful Monitoring

US Economic Weakness Demand Careful Monitoring $DIA, $SPY, $QQQ, $VXX US import prices rose less than expected in June as rising costs for petroleum products were offset by declining consumer and capital goods prices, indicating inflation remains benign in here. The marginal increase reported by the US Labor Department Wednesday reflects the effects of the […]

Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand

Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]