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China Summons US Ambassador Over Sanctions Scandal
China Summons US Ambassador Over Sanctions Scandal China’s foreign ministry summoned the US ambassador on Saturday to lodge an official protest over the sanctions imposed by the United States against a Chinese military organization for buying Russian fighter jets and missiles, state media reported. The announcement came just hours after a Chinese defense ministry spokesman […]
China Threatens US With “Consequences” If It Does Not “Immediately” Revoke Sanctions Over Russian Weapons Deal
China Threatens US With “Consequences” If It Does Not “Immediately” Revoke Sanctions Over Russian Weapons Deal Just hours after Beijing called off trade talks with the US in the biggest escalation of the trade feud between the two nations, the war of words between China and the US ratcheted up on Saturday, when Beijing lashed […]
Trump’s Hand-Picked Winners and Losers: China vs Canada, NAFTA Threats, and P&G
Trump’s Hand-Picked Winners and Losers: China vs Canada, NAFTA Threats, and P&G As a single country, China is the US’s largest trading partner but Canada is the largest export partner. As Trump struggles to get a NAFTA deal going on account of Canada, the above chart puts things into perspective. Canada is the US’s largest […]
A Path To War? China Cancels US Trade Talks As ‘Skirmish’ Escalates
A Path To War? China Cancels US Trade Talks As ‘Skirmish’ Escalates Following a surge in Chinese, European, and much of the US equity markets this week amid hopes that the so-called ‘trade skirmish’ was less ‘war-like’ than expected, China just dropped an early Saturday morning (local time) tape bomb that is sure to resurrect […]
“Trump Won’t Back Down”: Bannon Warns Trade-War Will Be “Unbearably Painful” For China
“Trump Won’t Back Down”: Bannon Warns Trade-War Will Be “Unbearably Painful” For China Steve Bannon – who claims to have helped President Trump draft the battle plan for the ongoing trade war, says that Trump’s strategy is to make the conflict “unprecedentedly large” and “unbearably painful” for Beijing, according to an exclusive interview with the South China Morning […]
Ex-PBOC Head Warns China’s Exporters Could Soon Ditch The US
Ex-PBOC Head Warns China’s Exporters Could Soon Ditch The US Former Chinese central bank governor Zhou Xiaochuan suggested on Wednesday that the direct impact on China of the trade war with the US “appears limited,” though it could quickly prompt China’s top exporters to pivot away from US markets. Xiaochuan, who left the bank in […]
How the Trade War Helps Hide Central Bank Sabotage Of The Economy
How the Trade War Helps Hide Central Bank Sabotage Of The Economy Almost every aspect of the global economic downturn, which started ostensibly in 2007-08 and is still ongoing to this day, can be traced back to the actions and policies of central banks. The Federal Reserve, for example, used artificially low interest rates and […]
British govt report suggests US is currently winning trade war with China
British govt report suggests US is currently winning trade war with China Source: Graphic by Mohamed Hassan Published by INSURGE intelligence, a crowdfundedinvestigative journalism platform for people and planet. Support us to report where others fear to tread. China has already declared its intent to retaliate against US President Donald Trump’s new tariffs on $200 billion in Chinese […]
China Retaliates: Beijing To Levy $60BN In Tariffs On US Goods Effective Sept 24
China Retaliates: Beijing To Levy $60BN In Tariffs On US Goods Effective Sept 24 Just as Donald Trump was further threats aimed at Beijing after he launched another $200BN in tariffs targeting Chinese imports, and warning that “there will be great and fast economic retaliation against China if our farmers, ranchers and/or industrial workers are […]
Trump Slams China For Meddling In US Elections “By Attacking Farmers & Industrial Workers”
Trump Slams China For Meddling In US Elections “By Attacking Farmers & Industrial Workers” Having ordered the unleashing of the next round of tariffs (to hit next Monday) on China, President Trump has taken to Twitter to explain what he feels China is trying to do. His first shot across the bow claims that China […]
Meanwhile in China, Implosion of Stock-Market Double-Bubble
Meanwhile in China, Implosion of Stock-Market Double-Bubble Bubbles don’t end well for those who don’t get out in time. US tariffs and threats of more tariffs have not been particularly well received in China, which is already being rattled by corporate credit problems, quakes in the shadow banking system, a peculiar Enron-type phenomenon at provincial […]
Trump Unwisely Escalates Trade War: Expect a “Rare Earth” Response From China
Trump Unwisely Escalates Trade War: Expect a “Rare Earth” Response From China Trump’s imposed more tariffs on China. If China retaliates, Trump will respond with tariffs on all imports from China A threatened, Trump Hits China with Tariffs on $200 Billion in Goods, Escalating Trade War. President Trump, emboldened by America’s economic strength and China’s […]
Trump Slaps Tariffs On $200BN In China Imports; Will Add Another $267BN If China Retaliates
Trump Slaps Tariffs On $200BN In China Imports; Will Add Another $267BN If China Retaliates With traders waiting with bated breath for hours, moments ago the White House announced that it has imposed tariffs on approximately $200 billion worth of imports from China, effective September 24. The tariffs will start at 10% until the end […]
China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs
China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs When discussing yesterday’s WSJ report that the Trump admin may slap the new, $200BN round of tariffs on Chinese imports as soon as tomorrow, we said that such an escalation would likely derail talks with top Chinese officials, currently scheduled in Washington […]
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday In the latest installment of the story that just won’t go away, the WSJ reported on Saturday that – as Bloomberg reported first yesterday – the Trump administration plans to announce new tariffs on up to $200 billion in Chinese goods as […]
