No new tariffs: Trump’s Mexico reprieve is good news for world economy

Central bank chiefs and finance ministers gathered in Fukuoka, Japan, for meetings of the Group of 20 were quick to welcome Trump’s move. President Donald Trump’s decision to drop plans for new tariffs on Mexico is rare good news for … Read More

Trump announces escalating tariffs against Mexico, starting at 5 percent, until illegal immigrants ‘STOP’

posted in: News, United States

President Trump on Thursday abruptly announced a new 5 percent tariff on Mexicobeginning in early June, saying the levy will “gradually increase” until the ongoing illegal immigration surge at the southern border is “remedied” and illegal migrants “STOP.” “On June 10th, the United States … Read More

Weekly Update by Mark Armstrong – 10 May 2019

posted in: News, Weekly Update

Greetings from Tyler,          If you planned to buy some cheap sporting goods gear or anything else made in China, you might want to hurry to the store.   Trade talks appear to have reached an impasse, … Read More

Germany vows retaliation for US trade war on EU

posted in: Germany, News

German Economy Minister Peter Altmaier addresses the audience during a conference organized by the Federation of German Industries (BDI) on September 25, 2018 in Berlin. (Photo by AFP) Germany has warned the United States that it will take retaliatory measures … Read More

Chinese markets’ 2018 performance was their worst in a decade

posted in: Far East, News

2018 has been unkind to China’s stock markets. Major indexes in Shanghai and Shenzhen both saw annual losses of more than 24 percent in 2018. Two major factors unsettled the Chinese markets for much of 2018: The ongoing trade war … Read More

First tariffs, and now a move to isolate China in global trade. Can the US succeed?

posted in: News, United States

George Magnus says America’s new trade agreement with Mexico and Canada contains two provisions – limiting currency manipulation and trade with a ‘non-market economy’ – drafted with China in mind, and could be used as a template for future accords. … Read More

Trump asks aides to press ahead with $200 billion in tariffs on Chinese goods

(CNN) President Donald Trump is urging his administration to move ahead with slapping tariffs on $200 billion of Chinese goods, according to a person familiar with the plans. The timing of an announcement remains unclear. Trump met with top aides earlier this … Read More

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