#PresidentTrump #economy #GreatDepression #ChinaTrade Democrats are blaming President Trump for the country’s economic problems that have been happening since the coronavirus chaos began, but the fact is that The Trump Aadministration “inherited the worst, slowest economy” since the Great Depression, White House economic adviser Larry Kudlow said Thursday. “Yeah, sure, blame him for the virus […]
$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 […]
White House economic adviser Larry Kudlow speculates that next week’s China trade talks with the US could very well stun everyone. Mr. Kudlow held out hope for progress in opening China’s financial services markets to American companies in trade talks next week, adding the US team was heading into them “open-minded.” “There could be positive […]
On Thursday morning, 5 September,Chinese and US chief trade negotiators spoke on the phone call, China initiated the call, agreeing to hold the 13th round of high-level economic and trade talks in Washington in early October and maintain close communications going into that negotiation. The message, made public, lifted the stock markets in many countries, […]
$GM General Motors (NYSE:GM) Chairman/CEO Mary Barra said her face-to-face session with President Trump Thursday was “productive and valuable, declining specifics. The head of the largest US automaker met with President Trump after he stepped up attacks on the Detroit automaker. He has been hammering GM for much of the last year after the company […]
$DIA, $SPY, $QQQ China and the United States agreed to hold high-level trade talks in early October in Washington, China’s commerce ministry said Thursday. The announcement followed a call earlier in the day between China’s Vice Premier Liu He and US Trade Representative Robert Lighthizer and U Treasury Secretary Steven Mnuchin, the Ministry of Commerce […]
Tuesday, President Trump said that trade talks between the United States and China were going well, though he warned that he would be “tougher” in negotiations if they dragged on until his 2nd term. “We are doing very well in our negotiations with China,” President Trump wrote on Twitter, arguing that Beijing could not afford […]
The United States began imposing additional tariffs on Chinese goods Sunday, but U.S. President Donald Trump said the sides would still meet for talks later this month. President Trump Tweeting, said his goal is to reduce US reliance on China and again urged American companies to find alternate suppliers outside China. This fresh round of […]
“We’re going to win the fight,” President Trump told reporters. “We are having conversations with China, meetings are scheduled, calls are being made. I guess the meeting in September continues to be on, it has not been canceled,” he said. The White House has not announced a date for that meeting. Tariffs kick in on […]
$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 […]
We have just learned that Danish Prime Minister Mette Frederiksen has had a phone conversation with President Trump over a dispute about Greenland, her office said Friday. Earlier this week, President Trump scrapped a visit to Denmark by saying that Frederiksen was “nasty” when she rejected his idea of buying Greenland as an absurdity. Both […]
Monday, UK Prime Minister Boris Johnson called on France and Germany to change their position on BREXIT and negotiate a new exit deal for Britain, reiterating his stance that he is ready to leave the EU without a deal if they do not. With Britain set to leave the bloc at the end of October, […]
The main group fighting an insurgency in Thailand’s largely Muslim south said it had held its 1st meeting with officials from the new Thai government and had set out demands as a condition for any formal peace talks. The insurgency in the Malay-speaking region of the predominantly Buddhist country has killed some 7,000 people over […]
President resident Donald Trump said Saturday that Chairman Kim Jong Un told him he was ready to resume talks on NKorea’s nuclear and missile programs and would stop missile testing as soon as US-SKorea military exercises end. Trump and Kim have met twice since their first summit in Singapore last year, but little progress has […]
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 […]
FLASH: Chinese side confirmed their commitment to increase purchases of United States agricultural exports. The US and Chinese negotiators wrapped up a round of trade talks on Wednesday with visible signs of progress and scheduled their next meeting in September in Washington, DC. Both sides issued brief statements after the 1st face-to-face meetings since President […]
White House senior adviser Jared Kushner planning to travel to Jerusalem and several other capitals in the Middle East next week to talk about moving forward with the Trump administration’s Israeli-Palestinian peace plan. Sunday, it was reported the trip will be important for both the economic and political components of the plan. The timing for unveiling […]
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 […]
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 […]
Monday, President Trump said he sent NKorean leader Kim Jong Un a “very friendly letter” in response to Birthday greetings he received last week from Chairman Kim. The exchange of letters comes as the 2 countries negotiate the future of NKorea’s nuclear program and before President Trump leaves Wednesday for an Asia trip that 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 […]
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 […]
Saturday, US diplomats warned that commercial airliners flying over the wider Persian Gulf faced a risk of being “misidentified” amid heightened tensions between the US and Iran. The warning relayed by US diplomatic posts from the Federal Aviation Administration (FAA) underlined the risks the current tensions pose to a region Key to global air travel. […]
Update: President Donald Trump’s top trade negotiator said the U.S. plans to raise tariffs on Chinese goods Friday, accusing Beijing of backpedaling on commitments it made during negotiations. The trade talks will continue and a Chinese delegation will visit Washington on Thursday and Friday, US Trade Representative Robert Lighthizer told reporters Monday in Washington. The […]
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 […]
FLASH: Treasury Secretary Steven Mnuchin said Wednesday that US-China trade talks continue to make progress and the 2 sides have settled on a mechanism to police any agreement, including new enforcement offices. Secretary Mnuchin, speaking on television, said that a call with Chinese Vice Premier Liu He Tuesday night was productive and discussions would be […]
$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: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade dispute are progressing quickly. Washington and Beijing have been locked in a tariff battle as US officials press China for an end to practices and policies it […]
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 […]
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 […]
President Donald Trump is “ready to keep talking” to NKorea despite the abrupt end of the 2nd summit in Hanoi NAS John Bolton said. In a TV interview aired Sunday Mr. Bolton said President Trump “remains optimistic.” about a deal that will lead to denuclearization. NKorea’s leader “Kim Jong Un himself said in our last […]
$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 […]
$GLD, $USD Gold prices rose to 10-month highs Tuesday, as USD weakened, on optimism for a breakthrough in US-China trade talks, bullion also saw support as a safe-haven asset due to concerns over global growth. Spot gold +0.9 at $1,338.21 oz US gold futures +1.44% at $1,341.20 oz A gauge of global stock markets rose […]
$DIA. $SPY, $QQQ, $RUTX, $VXX Wall Street stocks declined Thursday on concerns that the United States and China would not be able to reach a trade deal, thus increasing concerns about slowing global economic growth. President Trump said he did not plan to meet with Chinese President Xi before the 1 March deadline set by […]
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 […]
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, […]
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 […]
$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. […]
US China Trade Talks Back On President Donald Trump’s top economic adviser said Tuesday that the United States was talking again with China on trade, calling it a “very positive” development. “Right now we’re having communications at all levels of the US and Chinese governments,” National Economic Council Director Larry Kudlow said in a TV […]
Next China Tariff Impositions ‘Not set in stone’ Stock Market Response is Positive Wednesday afternoon the White House economic adviser, Larry Kudlow downplayed main stream media reports President Donald Trump may implement more tariffs on China as the 2 nations’ trade depute escalates in the financial press. “Nothing is set in stone right now,” the veteran […]
The EU is Moving Too Slowly in Trade Talks President Trump’s patience is not unlimited, and this is not a 5 year process. Wednesday, the US Secretary of Commerce Wilbur Ross says the European Union is moving too slowly in trade talks and is warning that President Donald Trump’s patience with the Europeans may soon […]
President Trump Is Not Satisfied With China Trade Talks White House economic adviser Larry Kudlow said President Donald Trump is not satisfied with the progress of trade talks with China. “Nothing is imminent on China. I think there are discussions going on. No, I wouldn’t say it was imminent,” Mr Kudlow said in a TV […]
FLASH: Canada Has Agreed to Join The Trump Free Trade Deal Canada has agreed to join the trade deal that the US and Mexico announced last month which preserves the 3-country format of NAFTA and delivers a major win for The Trump Administration. Midnight Deadline Loomed for Canada in Free Trade Talks The US, Mexico, […]
President Trump ‘Talks Tough’ and the Whole World Listens The “whole world” is listening to President Donald Trump’s tough talk on Iran, and there are many Middle Eastern countries who fully support his decision on sanctions, Rep. Lee Zeldin, (R-NY) said Wednesday. “They don’t want to see Iran have a nuclear weapon,” Mr. Zeldin said […]
President Trump Imposed Tariffs on Chinese Goods $AAPL, $FIT Monday after the stock market closed, USPresident Trump President Donald Trump said he will impose 10% tariffs on about $200-B worth of Chinese imports, but he spared smart watches from Apple (NASDAQ:AAPL) and Fitbit Inc (NYSE:FIT) and other consumer products such as bicycle helmets and baby car […]
President Trump Going to Impose New China Tariffs Sunday we learned that US President Trump is going ahead with plans to impose new tariffs on about $200-B of Chinese imports. Both sides were preparing to hold new talks on their tariff dispute. Last week President Trump told reporters such a move could come “very soon.” […]
America First, Financial Markets Briefing $SPY, $USD, $OIL, $USO, $USD, $CU Hong Kong, China equities slide Monday on trade concerns WS-J reporting Monday that China could skip trade talks with US Stocks in Asia opened the week under pressure after the latest US move to place a 3rd tranche of tariffs on Chinese goods, as […]
President Trump Wants $267-B More in China Tariffs Despite Talks $AAPL, $WMT, $TGT President Trump threatened a 3rd tranche of tariffs on another $267-B of Chinese imports this past week, which would mean levying duties on nearly everything China exports to the US. President Trump said at the time those tariffs were “ready to go […]
Gold Dips on News of Resumed US-China Trade Talks $GLD, $SLV, $USD Gold pared gains as China became a focus point again The possible progress in the trade dispute pressured the USD. Gold prices dipped Thursday as investors purchased riskier assets instead of seeking a safe-haven in gold, on news a new round of US-China […]
Forex: Optimism Ahead of US-China Trade Talks Cap USD, Support RMB Yuan $USD/CNY In New York Wednesday US Dollar (.DXY) Index finished down 0.5% at 94.75, approaching its August low (94.43). The Buck saw some slight strength in overnight trade, but a slide to lows took place after the release of a cooler than expected […]
Forex: USD Fell on Canada’s Alignment with President Trump on Trade $USD/CAD The US fell Wednesday in Asia as sources said Canada was ready to make a concession to the United States to resolve their talks over reworking the North American Free Trade Agreement (NAFTA). US Dollar (.DXY) Index finished littl changed at 95.19, looking to […]
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 […]
US and Mexico’s Trade Negotiators Just “hours” Away From a Deal US and Mexican trade negotiators are “hours” away from squaring away bi-lateral differences on the North American Free Trade Agreement (NAFTA) a Top Mexican official said Sunday. Canada on hold for a bit. Mexican Economy Minister Ildefonso Guajardo told reporters that work with Canada, […]
President Putin Talks ‘Tough’ to German Chancellor Russia’s President Vladimir Putin and German Chancellor Angela Merkel discussed the conflicts in Ukraine and Syria, as well as Iran and a nat gas pipeline project during tough talks outside Berlin that ended with no clear-cut progress. Kremlin spokesman Dmitry Peskov told reporters no agreements were reached, but […]
US-Taliban Talks Send ‘Very Positive Signals’ A meeting between a senior US diplomat and Taliban representatives in Doha last week to discuss a possible ceasefire ended with “very positive signals” and a decision to hold more meetings. The meeting between a delegation led by Alice Wells, deputy assistant secretary in the State Department’s Bureau of […]
Heavy US Tariffs On Chinese Goods Has Beijing and US in Private Conversations The Trump Administration will propose raising to 25% its planned 10% tariffs on $200-B in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table. The US imposed 25% tariffs on $34-B of Chinese products in early July, and […]
Staunch Russia critic Nikki Haley, who serves as the US ambassador to the UN, has said in the true spirit of diplomacy that Moscow and Washington will never be friends, and that the US will never trust Russia. “We don’t trust Russia, we don’t trust Putin, we never will,” Nikki Haley told CBN News. The […]
Majority Ownership Key to US in Trade Talks With China The United States hopes to convince China into letting American investors hold a majority stake in Chinese ventures, Larry Kudlow, President Donald Trump’s top economic adviser, said Thursday. The demand will be part of formal trade talks between the US and China to begin Saturday […]
President Trump’s NKorean Peace Efforts Accelerate President Donald Trump confirmed Tuesday that a top NKorean official is headed to New York for talks on an upcoming Summit between President Trump and NKorean leader Kim Jong Un. President Trump Tweeted that Kim Yong Chol was traveling to New York as part of ongoing meetings between the […]
As Trade Talks With China Open, President Trump Praises President Xi Thursday, US President Donald Trump praised his relationship with Chinese President Xi Jinping as officials from the world’s 2 largest economies began trade talks in Beijing. A deal to fundamentally change China’s economic policies is viewed possible during the 2 days of talks, though […]
F1: Daniel Riccardo say “No truth to Ferrari negotiations now” $RACE Daniel Ricciardo denys reports that he is in negotiations with Ferrari (NYSE:RACE) about a seat in a Scuderia F1 racer in Y 2019. Mr. Ricciardo is the Key player in this year’s driver market, his contract is out at the end of Y 2018. […]
Talks Underway in Secret to Prepare for Coming US-NKorea Summit The US and NKorea are engaged in secret and direct talks to prepare for a summit between President Donald Trump and NKorean leader Kim Jong Un. Central Intelligence Agency (CIA) Director Mike Pompeo, who President Trump has tapped to be his Secretary of the State, […]
President Trump Open to Talks With NKorea South Korean President Moon Jae-in said Wednesday that US President Donald Trump “deserves big credit” for his country’s talks with NKorea. President Donald Trump told Moon Jae-in, the leader of SKorea, that the United States is open to talks with NKorea “at the appropriate time, under the right […]
North and South Korea Hold Historic Talks North and South Korea held historic talks at their border Tuesday to discuss how to cooperate in next month’s Winter Olympics in the South and improve their long-strained ties. Senior SKorean officials left Seoul early in the morning for the meeting in the Demilitarized Zone that divides the […]
US Government in Direct talks with NKorea The US government is communicating directly with NKorea to see whether it’s willing to negotiate over its nuclear program, Secretary of State Rex Tillerson said, the most explicit public acknowledgment yet of direct contact between the countries over the issue. “We can talk to them, we do talk […]
Herbalife (NYSE:HLF) Spikes 9.83% on Icahn Settlement $HLF Herbalife Ltd. (NYSE::HLF) said it concluded talks that would have taken the company private and simultaneously reached an agreement with billionaire investor Carl Icahn. Mr. Icahn built up his stake to become the nutritional-supplement company’s biggest shareholder in recent years, agreed to boost holdings past 50% only […]
President Trump Is Driving Israel and the Palestinians into Peace Talks President Donald Trump has clearly seized on good relations with Riyadh, Cairo and Abu Dhabi as a lever for pushing Israel and the Palestinians into peace talks. US President Donald Trump’s goal of generating a rapid improvement of Israel’s ties with the Arab world, […]
China Signals Need to Align Peacefully With President Trump Holding early dialogue is essential to avoid tensions, conflict in US-Sino ties Despite early speculation that the US- China relationship could fall into uncertainties and instability under the Trump Administration, experts say the 2 global powers will avoid the case by holding an early dialogue to […]
UK Government was Totally Unprepared for the Brexit Vote The President of the European Parliament says Britain’s government was unprepared for the country’s vote to leave the European Union, and does not know when it wants to start divorce talks. Martin Schulz says the Conservative government was “in no way prepared for the ‘leave’ majority” […]
Cuba, US Talking About Future of Bi-lateral Relationship Cuba and the United States held talks in Washington their 1st meeting on long-term bi-lateral economic ties despite the US-led financial and commercial embargo, said the island country’s Ministry of Foreign Affairs. “Both delegations discussed commerce and future investments as well as other issues on economic and […]
US, EU Free Trade (TTIP) Talks Have Failed Germany’s Economic Minister says free trade talks between the European Union and the United States have failed. Negotiations on the so-called Trans-Atlantic Trade and Investment Partnership, or TTIP, have made little progress in recent years. Sigmar Gabriel, who is also Germany’s Vice Chancellor, said Sunday that “in […]