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The corporate media will never admit it, but President Trump has masterfully lined up support for America's pressure on China, and China has blinked and now wants "calm" talks.  Reuters reports: China is willing to resolve its trade dispute with the United States through "calm" negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He, who has been leading the talks with Washington, said on Monday. (snip) Liu, speaking at a tech conference in southwest China's Chongqing, said nobody benefited from a trade war. "We are willing to resolve the issue through consultations and cooperation in a calm attitude and...

The critical spread between the 10-year Treasury yield and the 2-year Treasury yield inverted Friday after President Donald Trump characterized China President Xi Jinping as an “enemy” and ordered American companies to steer clear of trade with Beijing. The president tweeted Friday morning that he was ordering “our great American companies” to “immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”

"Trump says he delayed tariffs because of concerns over Christmas shopping season" “We’re doing this for the Christmas season,” Trump told reporters on an airport tarmac around noon Tuesday. “Just in case some of the tariffs would have an impact on U.S. customers.” “So far they’ve had virtually none,” the president added. “But just in case they might have an impact on people, what we’ve done is we’ve delayed it, so that they won’t be relevant to the Christmas shopping season.”

Last week, President Trump threatened to place a 10 percent tariff on $300 billion worth of Chinese imports on September 1 unless trade talks with China showed more sign of progress. Already, America has tariffed $250 billion of Chinese imports at 25 percent, and if tariffs are placed on the $300 billion basket of goods, this would increase tariffs on all Chinese imports to the United States.President Trump is unhappy that talks last week in Beijing between Chinese officials and U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin broke down. He’s also unhappy that China hasn’t...

We are winning, big time, against China. Companies & jobs are fleeing. Prices to us have not gone up, and in some cases, have come down. China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast. Now too slow to cut.... ..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us...

A new Pew Research Center poll finds that 60% say they have an unfavorable view of China — up from 47% last year to the highest proportion since Pew started asking the question 14 years ago. The survey results being released Tuesday found that 24% of Americans regard China as America’s top threat for the future, the same percentage that said so of Russia. North Korea (12 was the only other country to draw double-digit concern. […] Still, the poll finds that only 41% of Americans believe that China’s growing economy is a bad thing for the United States, compared...

The decline of China’s yuan on Monday to its lowest level in 11 years against the US dollar could continue into 2020 amid the apparent shift in its policy stance by the Chinese authorities, who are showing increasing reluctance to provide concessions to resolve its trade war with the United States. The Chinese currency’s drop has also rattled the currency market, sending 11 regional currencies lower. The yuan slid 1.3 per cent to 7.0298 against the dollar on Monday in response to President Donald Trump’s threat to impose a new 10 per cent tariff on the US$300 billion of Chinese...

China priced the yuan's reference rate at 6.9683 to the dollar on Tuesday, a hair above the key 7:1 ratio to the US dollar. Although that was the weakest level for the yuan in 11 years, many Wall Street investors feared China would price the yuan below that psychological 7:1 barrier. The managed yuan continued to slide Tuesday, but the pace of its decline slowed. One dollar last bought $7.0200 yuan in China, anld 7.0490 yuan in the offshore market, where the currency trades more freely China devalued its currency on Monday, leading it to fall below a key threshold...

China on Aug. 6 vowed to take countermeasures if the United States follows through on a plan to deploy mid-range ground-launched missiles in Asia. The director of the Chinese foreign ministry’s Arms Control Department, Fu Cong, made the statement after the United States formally withdrew from the Intermediate-Range Nuclear Forces (INF) treaty with Russia on Aug. 2 and announced plans to deploy missiles in order to deter China. “China will not stand idly by and be forced to take countermeasures should the U.S. deploy intermediate-range ground-based missiles in this part of the world,” Fu said. Fu also called on South...

Apple Opens a New Window. is reportedly considering moving up to 30 percent of their production from China GoPro The action camera company is moving the bulk of its production out of China to Mexico by mid-2019. It will still continue to manufacture its local products in the country. “Today’s geopolitical business environment requires agility,” GoPro CFO Brian McGee said in December. “We’re proactively addressing tariff concerns.” Hasbro The toymaker is shifting most of its production from China to Mexico, Vietnam and India due to Trump’s tariffs. Steve Madden The footwear and handbag maker, which ships the bulk of its...

All I can say is you better strap yourself in because, the next six months I expect to see tariffs on the other $300 billion we import from China because it's become clear that President Trump has decided that the U.S. simply shouldn't do business with China and if you do you are going to have to pay the price. There's also threats that they will cut off our liquefied natural gas exports to them. Now, here's what's pretty ironic about this list. The vast preponderance of these goods are made by farmers. The farmers, the president said, are going...

* President Donald Trump argued on Tuesday that farmers will ultimately benefit from the expanding trade war with China. * That came even as he floats a second bailout program that would include large-scale government purchases of American agricultural goods. * The program has drawn scrutiny from experts and farmers alike. President Donald Trump argued on Tuesday that farmers will ultimately benefit from the expanding trade war with China, which he added could lead to a second bailout program that would include large-scale government purchases of American agricultural goods. "Our great Patriot Farmers will be one of the biggest beneficiaries...

Slowly but steadily they build up their economic, military, and technological superiority at our expense The Chinese Communist government does not have so much a strategy to translate its economic ascendance into global hegemony as several strategies. All of them are brilliantly insidious.On matters of trade, China is always flexible in responding to critics of its asymmetrical, 30-year mercantilism. In the initial stages of Westernization, China was exempted from criticism over serial copyright and patent infringement, dumping, and espionage. Western elites assumed that these improprieties were just speed bumps on the eventual Chinese freeway to liberalism. Supposedly the richer China...

RUSH: It’s amazing. The Drive-By Media now understands the concept of tax cuts and tax increases, but it took tariffs and a tariff war with the ChiComs for the Drive-Bys to understand it. I’m being ironic and a little sarcastic. They know it and understand it. It’s just that since the Republicans own mantra of tax cuts, since that is a Republican owned belief… Democrats don’t believe in cutting taxes; Republicans do, and the Democrats know it. So whenever the concept of tax cuts comes up, the Democrats and the media have to destroy it, as they did the latest...

Key Points China will raise tariffs on $60 billion in U.S. goods in retaliation for the Trump administration’s latest decision to increase duties on $200 billion worth of Chinese products. U.S. stock indexes fall about 2% as the trade war between the world’s two largest economies escalates. ================================================================ China will raise tariffs on $60 billion in U.S. goods in retaliation for the U.S. decision to hike duties on Chinese goods, the Chinese Finance Ministry said Monday. Beijing will increase tariffs on more than 5,000 products to as high as 25%. Duties on some other goods will increase to 20%. Those...

Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end in a stalemate. How did the benchmark indexes fare? Dow futures YMM9, -1.28% fell 311 points, or 1.2%, to 25,653, while S&P 500 futures ES, +1.86% dropped 36.40 points, or 1.2%, to 2,850.50. Nasdaq-100 futures NQM9, -1.76% slid 127.75 points, or 1.7%, to 7,482.50. On Friday, the Dow Jones Industrial Average DJIA, +0.44% rose 114.01 points, or 0.4%, to end...

BEIJING — Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week will yield a deal that might stave off higher U.S. tariffs on imports from China. Companies across China are bracing for a tariff hike on Friday after President Donald Trump, complaining Beijing was backtracking and the talks on a festering trade dispute were taking too long, said he would raise import duties on $200 billion of Chinese goods to 25% from 10%. Amber Chen, sales manager for a vacuum cleaner manufacturer based in southern...

Stocks fell sharply on Monday, giving back the gains from a strong turnaround in the previous session, after China decided to raise tariffs on some U.S. goods as the ongoing trade war between the worldÂ’s largest economies intensifies. The Dow Jones Industrial Average traded down 490 points, while a 2.8% drop in the tech sector pushed the S&P 500 down by 1.9%. The Nasdaq Composite dropped 2.6%. China will hike tariffs on $60 billion worth of U.S. imports, starting on June 1. The goods targeted include a broad range of agricultural products. This comes after President Donald Trump raised tariffs...

President Donald Trump accused China on Wednesday of pulling back from agreed-upon trade deal language because Beijing would rather negotiate with former Vice President Joe Biden "or one of the very weak Democrats" hoping to win the White House. Trump launched his attack in a pair of tweets that moved equities markets. "The reason for the China pullback & attempted renegotiation of the Trade Deal is the sincere HOPE that they will be able to 'negotiate' with Joe Biden or one of the very weak Democrats, and thereby continue to ripoff the United States (($500 Billion a year)) for years...

The Chinese trade delegation arrived at the 0ffices of the U.S. Trade Representative at 5 P.M. to begin trade talks just hours before U.S. tariffs on imports from China are set to rise to 25 percent. Update 8:17 P.M.: There are after hours rumors on Wall Street that President Donald Trump will call Xi Jinping at 10 P.M. EST, 10 A.M. Beijing time. Stock futures are moving higher on the speculation that China might win a last-minute reprieve from the tariffs. Update 7:45 P.M.: There are reports that the meeting has already concluded, despite expectations that it would last late...