Weekly Update by Mark Armstrong – 10 May 2019

posted in: News, Weekly Update

Greetings from Tyler,          If you planned to buy some cheap sporting goods gear or anything else made in China, you might want to hurry to the store.   Trade talks appear to have reached an impasse, … Read More

Germany vows retaliation for US trade war on EU

posted in: Germany, News

German Economy Minister Peter Altmaier addresses the audience during a conference organized by the Federation of German Industries (BDI) on September 25, 2018 in Berlin. (Photo by AFP) Germany has warned the United States that it will take retaliatory measures … Read More

Chinese markets’ 2018 performance was their worst in a decade

posted in: Far East, News

2018 has been unkind to China’s stock markets. Major indexes in Shanghai and Shenzhen both saw annual losses of more than 24 percent in 2018. Two major factors unsettled the Chinese markets for much of 2018: The ongoing trade war … Read More

First tariffs, and now a move to isolate China in global trade. Can the US succeed?

posted in: News, United States

George Magnus says America’s new trade agreement with Mexico and Canada contains two provisions – limiting currency manipulation and trade with a ‘non-market economy’ – drafted with China in mind, and could be used as a template for future accords. … Read More

Trump asks aides to press ahead with $200 billion in tariffs on Chinese goods

(CNN) President Donald Trump is urging his administration to move ahead with slapping tariffs on $200 billion of Chinese goods, according to a person familiar with the plans. The timing of an announcement remains unclear. Trump met with top aides earlier this … Read More

U.S. touts EU trade truce, attention now turns to China

WASHINGTON (Reuters) – The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the way … Read More

US-EU trade agreement wins cautious welcome in Germany

posted in: Germany, News

BERLIN  Political and business leaders in Germany, Europe’s biggest economy, on Thursday welcomed a deal to defuse trade tensions between the U.S. and the European Union, but relief was tempered with caution that details must still be firmed up. At … Read More

Trump and top European leader agree to work toward zero tariffs

posted in: News, United States

Washington (CNN) President Donald Trump said Wednesday that he and European Commission President Jean-Claude Juncker agreed to work toward eliminating tariffs and barriers on trade, reducing tensions for now in a brewing trade war. It was essentially a deal to make … Read More

1 2 3