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Goldman: US-China Trade War Set To Worsen
Goldman: US-China Trade War Set To Worsen Echoing the comments laid out last night by Standard Chartered’s Steven Englander, this morning Goldman Sachs doubled down on how the US-China trade war will progress in the near-future, warning that it expects the tensions to get worse, at least initially. Speaking to Bloomberg TV, Goldman’s co-head of […]
“Past Point Of No Return”: World Markets Tumble Amid Global Trade War Shockwaves
“Past Point Of No Return”: World Markets Tumble Amid Global Trade War Shockwaves In almost every way, the overnight trading action has been a mirror image of the ramp observed on Monday morning, when trade tensions – inexplicably, one trading day after trade war started – were said to have “gone away” leading to a […]
TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE
TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and […]
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports
Russia Joins Global Trade War – Imposes Tariffs On US Energy, Mining Imports Whether this is a coordinated response is unclear – and certainly on a much smaller scale – but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a decree this morning imposing higher tariffs on U.S. products in retaliation for U.S. duties on metals […]
Has the PBoC deliberately weakened CNY as part of the trade war?
Has the PBoC deliberately weakened CNY as part of the trade war? It has been another trade war week, as the market has been looking for clues on the Chinese retaliation measures against the Trump tariffs that are planned to go live on 6 July. Global trade momentum started to weaken even before the trade […]
Trump’s Trade Tantrum: On Tipping Points and Authoritarian Peril
Trump’s Trade Tantrum: On Tipping Points and Authoritarian Peril Photo by Graham C99 | CC BY 2.0 The Tangerine Tosser’s triple trade tiff – with China, the European Union, and the United States’ NAFTA partners (Canada and Mexico) – has the potential to spark an American and global economic meltdown. Classic signs of a coming […]
Trade War Provides Perfect Cover For The Elitist Engineered Global Reset
Trade War Provides Perfect Cover For The Elitist Engineered Global Reset Over the past several months, I have been examining the underlying or hidden motivations behind the currently expanding global trade war, including the impressive level of cognitive dissonance surrounding the issue. The political left doesn’t seem to have an intelligent grasp of economic issues […]
China Has Quietly Implemented A 6% Across The Board ‘Tariff’ On All US Imports
China Has Quietly Implemented A 6% Across The Board ‘Tariff’ On All US Imports Trump and Xi have spent much of the last few weeks tossing tariff grenades across the Pacific Ocean as retaliatory retaliations grow ever stronger in rhetoric and potential escalations. Then this week, Trump seemed to back away from his most serious […]
Leaked Note By Chinese Think Tank Warns Of Potential “Financial Panic”
Leaked Note By Chinese Think Tank Warns Of Potential “Financial Panic” It’s not just Trump who is concerned about the level of the S&P as a result of escalating trade war with China: it appears that China is growing worried as well, and for good reason – as we noted earlier, the Shanghai Composite already […]
Europe Warns Of An Upcoming “Trade Apocalypse”
Europe Warns Of An Upcoming “Trade Apocalypse” As European officials struggle to do everything they can to save the WTO, which appears headed for an all-but-certain demise thanks to President Trump’s aggressive trade policies, EU leaders have apparently circulated an “internal memo” drafted by the European Commission that accuses the US of deliberately instigating the […]
A world for the many, not the few
A world for the many, not the few “The very notion of ‘charity’ erases a global history of slavery and oppression”. Asad Rehman applauds Labour’s ambition to overhaul neo-colonial development policy Illustration by Andrzej Krauze In 1792, pioneering British feminist and social justice activist Mary Wollstonecroft wrote in her seminal book The Rights of Women, ‘It is […]
Trump’s Doomsday Gamble in China Trade War
Trump’s Doomsday Gamble in China Trade War President Trump dramatically resumed a trade war footing this week with Beijing, threatening to impose tariffs on virtually all imported Chinese goods to the US. After earlier negotiations this month appeared to avert a clash, the Trump administration is back to full trade war mode. With fiery language, […]
Singapore, Trade and Geopolitics
Singapore, Trade and Geopolitics The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands with a previously avowed enemy in Singapore. The formally leisurely pace of global diplomacy, where all is pre-agreed before the photo-op showing unanimity […]
What’s the End Game?
What’s the End Game? In the rush of Trumped-up events, history — of the last month, week, hour — repeatedly gets plowed (or tweeted) under. Who can remember what happened so long ago? Perhaps it’s not surprising then that, in the wave of abuse from the president and his men (including economic adviser Larry Kudlow […]
Trade End Game Scenarios: Boycott Treasuries vs Yuan Devaluation
Trade End Game Scenarios: Boycott Treasuries vs Yuan Devaluation Since there is no longer any reasonable debate about a trade war having started, let’s investigate how it ends. End Game Analysis The end-game retaliation comes via a global boycott of the Treasury auctions. Foreign entities fund half the US fiscal deficit, which is set to […]



