Dollar Up, Yuan Down
Forex traders will have surely noted the downward trend of the renminbi. At the same time the US dollar has reinforced its position. In fact President Trump has complained that […]
US
US GDP : best perform since mid 2014
Consumer spending propelled U.S. economic growth to a 4.1% pace in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though […]
US-EU: next stop to solve aluminium tariffs question
The US truce with the European Union will “immediately resolve” the US steel and aluminum tariffs and the EU retaliation at the center of the costly trade row, US Treasury […]
Trump plans $12 bn aid to help farmers
The Trump administration announced $12 billion in aid for American farmers Tuesday to alleviate the pain of the trade war with China, trying to tamp down growing criticism in a […]
Cheaper Commodities
There are many reasons why commodity prices change. Supply and demand are two obvious ones, and a slowing global economy logically would entail lower commodity prices. The US dollar is […]
Trump’s tariffs: ready to go
President Donald Trump said he was ready to impose tariffs on all $500 billion of goods the U.S. imports from China, remarks that sent financial markets retreating and threatened to […]
Trump’s tariffs: the impact on the US system
As the clock struck midnight and July 6 began, the United States formally imposed 25 percent penalty taxes on a long list of Chinese products; the Chinese government — as […]
US-China tariffs: trade war kicks in
U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the world’s two biggest […]