World

It is not a trade war … yet.

In its efforts to undermine the Trump presidency in every way possible, Democrats and the #NeverTrump media resistance movement spin every event to the extreme negative.  There is no objectivity in their uncompromised prosecutorial efforts.  Were one to be totally ignorant of trade issues and only consume the reports found in the left-wing media cabal, one would likely believe that President Trump ...

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Is Mexico’s leftist president-elect a closet Conservative?

Despite liberal outrage, he handed tiny evangelical party oversized power A small Conservative Evangelical party helped Mexico’s left-wing president-elect Andrés Manuel López Obrador win Sunday’s presidential election, dramatically increasing the party’s clout and raising allegations that Obrador is hiding his true socially conservative identity. The historic election was the largest in Mexican history. Some 18,000 offices throughout the country were ...

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Market Keeps Close Eye on Chinese Yuan as Trade Spats Continue

The invisible hand of Adam Smith and free market economics is not exactly what politicians and traders are referring to when speaking of the movement of the Chinese yuan.  Strong election rhetoric by President Trump regarding Chinese currency manipulation is gaining traction again. In a tit-for-tat struggle between the world’s two largest economies, nothing is being left off the table. ...

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Anti-Trump Leftist favored to win bloody Mexican election

A leftist, anti-Trump nationalist is favored to win Mexico’s presidential election Sunday after a campaign marred by the worst political violence the country has seen in a generation. The vote is the largest in Mexico’s history, with some 88 million Mexicans at home and abroad eligible to cast ballots. In addition to the presidency, a mind-boggling 18,000 elected posts also ...

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China’s Central Bank Deviates From Course

The People’s Bank of China, the central bank of China, had been tracking the United States’ Federal Reserve when it came to rate adjustments. When the Fed hiked rates, the PBOC hiked rates. But the PBOC didn’t hike rates two weeks ago when the Fed made its latest 0.25% bump to the Fed Funds rate. Why did they deviate from ...

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Newton’s Third Law at Work in the Trade Dispute

When Harley Davidson (NYSE: HOG) announced that they were moving some production overseas due to the proposed tariffs from the European Union, President Trump tweeted that he was surprised by the move. He also criticized the company and went so far as to say that it would be “the beginning of the end” for the company. It really shouldn’t come ...

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China Attempts to Stimulate Economy through Central Bank

China is taking a proactive position by utilizing monetary policy to steer its economy in uncertain climates for growth and trade. The People’s Bank of China (PBOC) Governor Yi Gang is allowing China’s central bank to reduce the percentage of funds banks must keep on reserve with it, in order to free up money for lending. The cut in reserve ...

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At Least One European Group Agrees With Trump Trade Ideas

Since President Trump launched his campaign to level the playing field in international trade, there has been a tit for tat between world leaders and the key players in the trade war. The U.S. President hasn’t found much support from foreign leaders—political or business. But he has had one prominent European group announce that they agree with him. German automakers ...

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Trump Trade Policies Creating Stronger Alliances Overseas and Weakening Some Domestically

President Trump has continued his goal of reshaping international trade agreements and he has stepped up his proposed tariffs in order to get cooperation from other countries. The most recent targets have been some of America’s biggest allies—Canada, Mexico and the European Union. The Trump plan does seem to be creating some cooperation abroad, but not cooperation with the U.S., ...

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