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FULL TITLE: Trump sends Dow Jones plunging nearly 800 points by tweeting 'I am a tariffs man' raising fears his 'truce' with China will be followed by full-scale trade war and recession U.S. stock markets plummeted Tuesday as a series of tweets from President Donald Trump suggested a trade war with China could resume next year despite claims of a truce and a long-term deal between the two countries. The Dow Jones closed almost 800 points down at 25,027, a loss of 3.1 per cent of its value, while billions were also wiped off the value of the Nasdaq and...

It started with the Washington Post... The story (or narrative) from The Washington Post was about the "successful trade talks" between Donald Trump and Xi Peng in China. WaPo claimed that it wasn't true. They went on to say that the talks were all nonsense and confusion. They went ahead, quoting a former U.S. government official (unnamed, of course, but implied that he was an expert who was said to have been in contact with Chinese officials. This "expert" claimed that Beijing are “puzzled and irritated” by the Trump administration’s behavior, and widespread confusion across media claiming the 'truce' as...

Winning: As the usual suspects pick apart the high-profile meeting between POTUS Donald Trump and Chinese President Xi Jinping at the G-20 summit in Buenos Aries on Saturday, there were definitely some positive things — for both countries — that came out of it. Already Western pundits and commentators are downplaying what was discussed and, more importantly, what was agreed upon as little more than a reprieve: In exchange for POTUS holding off imposing 25-percent tariffs on $200 billion worth of Chinese goods come January 1, Beijing agreed to immediately begin “not yet agreed upon, but very substantial” amount of...

The White House announced Saturday that President Trump has agreed not to further raise tariffs on $200 billion worth of Chinese imports from ten percent to 25 percent as he had previously threatened, after a dinner meeting at the G-20 summit with Chinese President Xi Jinping. In exchange, China will agree to purchase a “not yet agreed upon, but very substantial” amount of agricultural, energy, industrial, and other product from the U.S., to reduce the trade imbalance between the two countries, White House Press Secretary Sarah Sanders said in the statement. China has agreed to start purchasing agricultural product from...

Chinese state TV says agreement has been reached with the US not to impose any additional trade tariffs after 1 January and talks will go on. It made the announcement after US President Donald Trump met China's President Xi Jinping for the first time since a trade war erupted this year. Both a Trump adviser and Chinese media said earlier that talks after the G20 summit in Buenos Aires had gone well. At the summit earlier on Saturday, the G20 leaders agreed a joint declaration. The document notes divisions over trade but does not criticise protectionist activity...

President Donald Trump appears to be shutting the door on a temporary ceasefire in an ongoing tit-for-tat trade war with China just days ahead of an upcoming summit in Argentina. The President told the Wall Street Journal in an interview published Monday that it was "highly unlikely" he would accept an offer by Chinese leader Xi Jinping aimed at averting Trump's plan to raise tariffs on more than $200 billion of Chinese goods to 25% in January. He also warned once again he was poised to slap a third round of tariffs on Chinese goods if the two leaders fail...

There are two links for this story. I started linking to the short video which I originally watched. It is from Asia Times. Basically it is almost an advertisement for the article. Runs about a minute and a half, although it mentions the major points from the article. Then there is an actual article in the Asia Times. I will also include a link to that article, for those who want to read the full thing.

Democrat Sherrod Brown just won reelection resoundingly in a Trump state running on Trump’s issues — taking a hard line on trade and helping blue-collar workers. Now the Ohio senator is talking increasingly like he’s prepared to take on the president himself.

Sorry I slightly altered the title, shortening the word "companies" to "cos." That change was made in order to actually post the article (FR limited the title in this case) Please see the original article, for the correct spelling. - American companies may be finding an ingenious way to skirt around the tariffs imposed by President Donald Trump on importing Chinese goods, as a means of avoiding the financial hit caused by the 25% taxes. According to a note from Paul Donovan, the global chief economist for UBS Wealth Management, some US firms are likely funnelling imports from China through...

ABU DHABI, United Arab Emirates — OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps as much as 1 million barrels of oil a day, to rebalance the market after proposed U.S. sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister said Monday.

NEW YORK • Chinese suppliers flooded the US solar market with panels at the end of last year, as customers sought to avoid paying President Donald Trump’s 30% import tariff. Fourth-quarter deliveries from China were almost 11 times higher than in the first nine months of 2017, according to a report last Friday by Bloomberg New Energy Finance (BNEF). Manufacturers also hauled panels and cells across the border from Mexico, Canada and other countries to beat the import duties that were announced last month. (please see link for full article)

President Trump wants Chinese solar panels firms to make more of their products in the U.S. -- and they appear to be getting the message. A week after the Trump administration unveiled tariffs of up to 30% on imports of solar panels, one of China's biggest manufacturers announced that it plans to open a new plant in the U.S. JinkoSolar said in a statement Monday that its board of directors had given the go-ahead to "finalize planning for the construction of an advanced solar manufacturing facility in the U.S." The statement suggested Jinko's decision was tied to the new tariffs,...

Just days after US President Donald Trump called for further isolation of Iran, a Norwegian solar company signed a deal Tuesday to invest €2.5 billion in the country over the next five years. “Norway is fully committed to the JCPOA (nuclear deal), and this is proof that we have taken the opening very seriously, and we will see more investment very soon,” Norwegian ambassador Lars Nordrum told AFP. He was hosting the signing at his Tehran residence between Norway’s Saga Energy and Iran’s Amin Energy Developers, who will work together to install two gigawatts of solar panels in multiple sites...

President Donald Trump campaigned on deals. Making deals — like an Israel-Palestine peace accord. And breaking deals — like the Trans-Pacific Partnership and the Iran Deal, both of which he labeled disasters. Since entering the Oval Office in 2016, Trump — a self-professed negotiator —has delivered on many of his promises to abandon international pacts that previous administrations had authorized. As the United States plans for an early exit from a key, Cold War-era nuclear agreement with Russia, here is a look at some of the landmark international deals, partnerships, and organizations the Trump White House has spurned. The Trans-Pacific...

An interesting thing is happening right now in America's industrial heartland. Manufacturers are adding new workers at a brisk pace. And it's happening right in front of the very pundits and free-trade economists who predicted economic catastrophe over the past year. Simply put, President Donald Trump's tariffs are working. U.S. manufacturing employment has now shown year-on-year growth of more than 250,000 employees for six consecutive months. That's the largest and most sustained manufacturing job growth since 1998. In fact, the U.S. added 32,000 manufacturing jobs in October alone, for a total of 296,000 new factory jobs since October 2017. Overall,...

California is a place unlike any other on the Globe. It boasts perhaps the greatest natural resources of any state along with shining high-tech industries. However, like many good economic stories, government policies threaten its future. Indeed, its government has made California unsustainable. Of course, it wasn’t always this way. As the 1960s came to a close in California, it had a population of nearly twenty million. In the decade before, its economic strength afforded the construction of a vast State Water Project and higher education system that was the envy of the world. Matched with a majestic and trade...

Close to the end of the year each year going back decades, The Economist magazine puts out an issue in which they take a look at the coming year and 2018 is no exception. As we had reported on ANP back on July 11th of 2017, back in 1988, The Economist put out a story in which the cover photo featured the mythical ‘phoenix’ rising out of the ashes of burning dollar bills and other paper/fiat money, wearing a gold medallion with the year ‘2018’ on it with their title, “Get Ready For A World Currency“. Reporting in their story...

French President Emmanuel Macron has reiterated calls for a European Union army, this time saying that it is needed to protect the bloc from China, Russia, and even the United States. The progressive leader, a proponent of greater EU federalisation which will result in the reduction in sovereignty for European nations, told Europe 1 Monday night that the bloc needs a “real European army”. “We have to protect ourselves with respect to China, Russia and even the United States of America,” Macron said, according to Agence France-Presse. (snip) “We will not protect the Europeans unless we decide to have a...

The blue wave is now a bygone figment of a liberal Hollywood fantasy. Voter excitement is clearly with the Republican Party and President Donald Trump! There is a Red Wave Rising! One pundit, Michael E. Newton, has been tracking the 2018 mid-term election data to date. He addresses people’s questions about mid-term voting to date: Newton explains that because Democrat and Republican voting may have gotten closer each day, doesn’t mean that the Democrats are really catching up in early voting. It just means the Republican percent of gains over 2016 are not as great as they were yesterday: What...

Mixing political summitry with a trade fair, heads of state, trade ministers and executives from multinational companies will gather in Shanghai on Monday to hear President Xi Jinping tout China’s role as a global importer. Beijing is billing the China International Import Expo (CIIE) as its most significant event this year and as a demonstration of commitment to globalisation as its economic growth slows and a trade battle with Washington continues. But the US is snubbing the expo and European countries are generally sending lower-level ministers, with diplomats expressing scepticism over Beijing’s commitment to easing barriers to trade and complaining...