U.S. and Chinese officials have shaken hands, at least for now, on a 90-day ceasefire in their tit-for-tat trade war, agreeing to roll back some of their recently imposed tariffs. This is a story about two heavyweight economies, a global marketplace on edge, and the everyday folks with skin in the game. The stock markets responded with a bounce in their step. The two biggest … [Read more...] about US and China Agree to 90-Day Trade War Truce, Slash Tariffs in Breakthrough Deal
U.S. - China relations
Chinese State Media Reports, Washington Reached Out to China for Tariff Talks
We have reports from Chinese state media claiming the U.S. is "proactively reaching out" for tariff discussions. But here's where the logic breaks down: China's foreign ministry spokesperson explicitly stated there have been no consultations or negotiations. So either China is lying to its people, or these reports are fabricated. Neither option paints a flattering picture of … [Read more...] about Chinese State Media Reports, Washington Reached Out to China for Tariff Talks
China Brushes Off US Tariffs, Promises Powerful Moves to Protect Its Economy
China believes it has economic resilience in the face of U.S. tariffs. However, the communist regime is engaging in a dangerous game of economic chicken, and its bravado is nothing more than smoke and mirrors. China's leaders are claiming they can protect jobs and limit damage from higher tariffs. That's just not true. By definition, tariffs disrupt trade flows and … [Read more...] about China Brushes Off US Tariffs, Promises Powerful Moves to Protect Its Economy
China May Ease Trade Tensions With U.S. Tariff Exemptions
This whole situation with China and their so-called "tariff exemptions" is exactly what we've been predicting on this program. The drive-by media won't tell you this, but China is PANICKING. They're realizing that their communist trade war against America is backfiring spectacularly! China is considering exempting some U.S. imports from its ridiculous 125% tariffs. Why? … [Read more...] about China May Ease Trade Tensions With U.S. Tariff Exemptions
China: No Active Trade Talks With U.S. Currently Underway
The left, and frankly some misguided conservatives, seem to believe that just because President Trump makes a statement, it automatically reflects reality. But facts don't care about your feelings, and the facts about these alleged trade talks are clear. First, President Trump claimed that "everything's active" regarding negotiations with China. But here's where the logic … [Read more...] about China: No Active Trade Talks With U.S. Currently Underway