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President Donald Trump is losing his war on the U.S. trade deficit and the evidence is growing that his own tariffs are at least part of the reason why. The U.S.'s monthly deficit in goods and services with the world reached its highest level in a decade in October while the deficit with China hit a record, according to data on Thursday. (please see link for full article) Pretty long, good article.

Speculation for the swell in volume and plunge in futures included the news of the arrest of the CFO of the Chinese telecom company Huawei. Traders also speculated that the selling could be attributed to a large fund or funds liquidating a position.

The Dow Jones Industrial Average plunged by almost 500 points Thursday morning, the first day of trading after U.S. authorities secured the arrest of a Chinese technology company executive, fueling fears that the trade war with China is heating up. News broke late Wednesday that Canadian law enforcement had arrested Meng Wanzhou, chief financial officer of Huawei Technologies, a major Chinese tech firm that has been linked to the Chinese military. U.S. officials have requested her extradition, citing a suspected sanctions violation.

The highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit concluded last Saturday evening with no major breakthrough. Pundits who had hoped for a good trade deal between the U.S. and China are surely disappointed.President Trump previously threatened to raise tariffs from 10 to 25 percent on about $250 billion worth of Chinese imports on January 1, 2019. Now he has agreed to hold off on the tariff hike while both the Americans and Chinese delegations engage in trade negotiations for the next 90 days.At present, President Xi has agreed not...

U.S. equity futures rose Wednesday after Beijing acknowledged the 90-day deadline set by President Trump and Chinese President Xi Jinping to find a solution to the two nations' trade dispute.... ....gains come after the Dow Jones Industrial Average plummeted 799 points Tuesday in a massive equity rout that stemmed from worries...

Stocks took a nosedive on Wall Street as investors worried that a US-China trade truce reached over the weekend wasn’t all it was cracked up to be. The Dow Jones Industrial Average sank almost 800 points Tuesday. ------------------ The markets plunged after Trump unleashed a threatening tweet Tuesday morning. “President Xi and I want this deal to happen, and it probably will. But if not remember, I am a Tariff Man,” Trump tweeted.

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...