China May Cancel Trade Talks if Trump Extends Tariffs
• https://moneymaven.ioAfter Trump reached out to China offering trade talks, he then gave the go-ahead for more tariffs. China may back out.
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Tariffs
Trump Gets Cold Feet on More Tariffs: US Proposes More Talks With China
• https://moneymaven.ioAfter numerous pompous threats made on China, Trump may be ready to back down.
Exploring Trump's Claim of Using Tariffs to Pay Down $21 Trillion in Debt
• https://moneymaven.io, by Mike Mish ShedlockTrump claims he will use tariffs to pay down the national debt. Let's explore the idea with pictures.
Exploring Trump's Claim of Using Tariffs to Pay Down $21 Trillion in Debt
• moneymaven.io by Mike Mish ShedlockTrump claims he will use tariffs to pay down the national debt. Let's explore the idea with pictures.
The Rumors are that Turkey Will Default
• https://www.lewrockwell.com, By Martin ArmstrongThe rumors running around is that Turkey will default as Erdogan decides to move to align with Iran and Russia and leave the West behind.
EU Willing To Scrap Car Tariffs In US Trade Deal: Politico
• https://www.zerohedge.com, By Tyler DurdenTrump's hard ball negotiating tactics appear to be bearing some fruit, with Politico reporting that Brussels is willing to scrap tariffs on all industrial products, including cars, in trade talks with the United States, EU trade chief Cecilia Malmstr
Sanctions, Russia, Tariffs...With Champion Of Liberty, Rep. Thomas Massie
• Ron Paul Liberty ReportUS Rep. Thomas Massie (R-KY) joins today's Liberty Report for an update on Washington and Capitol Hill. Does the Russia hysteria show any sign of slowing? Are tariffs the new flavor in town? What about the mid-terms?
Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War
• https://www.zerohedge.com, by Tyler DurdenChina and Russia recently announced a new age of diplomacy between the two countries, at a time when President Trump is targeting both with precision-guided economic warfare.
Harley-Davidson Does Damage Control Following Tariff Dispute with Trump
• BreitbartOur goal is the same as the U.S. Administration: we want a level-playing field when it comes to trade, and we are working with government officials to find the best solution for our company and our brand.
Turkish lira plunges 14% versus dollar after Trump authorizes doubling metals tariffs on Turkey
• https://www.cnbc.com by Fred ImbertThe Turkish lira added to its steep losses on Friday, hitting a record low after President Donald Trump announced he was doubling metals tariffs on Turkey.
Trump says tariffs are working, U.S. and China are talking
• reuters.comU.S. President Donald Trump said on Saturday that his strategy of placing steep tariffs on imports of goods from China is "working far better than anyone ever anticipated," and that Beijing was talking to the United States about trade.
China Launches Personal Attack At "Arrogant, Deceitful" Trump:
• zerohedge.com by Tyler Durden"We Are Prepared To Fight To The End"
Kudlow Says Trump Won't Back Down:
• zerohedge.com by Tyler Durden"China's $60BN Response Is Weak"
Boeing, GM, Fiat Shares Plunge As Trade War Blowback Crushes Outlooks
• https://www.zerohedge.comWhile both careful not to specifically cite the politically unwise 'tariffs', Boeing, GM, and Fiat Chrysler stocks are plunging in the pre-market after trade war-related impacts caused missed earnings or lowered outlooks.
Trump Threatens to Place Tariffs on All $500B China Imports, Blasts Fed Again
• https://www.themaven.net, by Mike Mish ShedlockTrump blasted the Fed, the EU, China today with threats to put tariffs on everything. China and the EU are manipulators.
Big day for auto tariffs
• https://www.politico.com, by BEN WHITEThe Commerce Department is holding a day-long hearing on Thursday to hear from 45 witnesses in their investigation into whether imported automobiles and parts present a national security threat and should be subject to tariffs of up to 25 percent.
Pre-Trade-War Buying Spree Sparks Biggest Jump In Wholesale Sales Since 2011
• https://www.zerohedge.comIn a sudden surge, out of the recent ranges, Wholesale sales soared 2.5% MoM in May - the biggest jump since March 2011 - suggesting pre-emptive buying ahead of Trump's tariffs (as opposed to a new trend). Farm Products and Computers saw big sales
Trade War Begins In Hours, As Trump Confirms China Tariffs To Start At Midnight
• https://www.zerohedge.comIf China was hoping for Trump to relent, and back down in the last minute before the start of tonight's China tariffs, set to take place at 1 minute after midnight, it will be disappointed.
German Carmakers Meet U.S. Envoy Over Trade Threat, Sources Say
• https://www.bloomberg.com By Oliver SachgauHeads of VW, Daimler, BMS discuss tariffs with U.S. ambassador EU weighs proposal to cut car levies between large exporters
Stupid Countries Restrict Trade
• By Laurence M. Vance"We have to change our ways. We can no longer be the stupid country. We want to be the smart country." ~ President Donald Trump
Trump threatens Harley-Davidson...
• https://www.cnbc.com, Evelyn ChengPresident Donald Trump says Harley-Davidson will be "taxed like never before" if it moves production overseas.
How Long Can The Federal Reserve Stave Off the Inevitable?
• www.paulcraigroberts.org, Paul Craig RobertsWhen are America's global corporations and Wall Street going to sit down with President Trump and explain to him that his trade war is not with China but with them?
Harley, stung by tariffs, shifts some production overseas
• https://apnews.comMILWAUKEE (AP) -- Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas.
Trump Threatens 20% Tariffs On All Cars Coming Into US; Euro, Car Stocks Slide
• https://www.zerohedge.comFiat Chrysler, Volkswagen, and BMW shares are sliding following the latest shot across the bow from President Trump in the global trade wars.
Stupid is As Stupid Does: Trump Hits China With $200 Billion More Tariffs
• https://www.themaven.netThe global trade war escalated moments ago when Trump fired back with a threat of $200 billion more tariffs.
Trump To Slap Tariffs On Up To 900 Chinese Products, Sending Dollar To 2018 Highs
• zerohedge.com by Tyler DurdenWhile it was extensively reported previously that Trump is set to slap China with new tariffs as soon as Friday (here and here), there were few actual details what this latest escalation in the trade wars would entail.
Merkel Spokesman: EU Retaliatory Tariffs Will Be Ready For July 1
• https://www.zerohedge.com, Tyler DurdenFollowing promises (threats?) by EU bloc executive Jean-Claude Juncker and German Chancellor Angela Merkel that the European Union would soon impose retaliatory tariffs on the US while moving ahead with a settlement dispute at the WTO, Merkel's chief
EU says tit-for-tat tariffs against US ready in July
• https://www.yahoo.com/news/eu-says-tit-tat-tariffsBrussels (AFP) - The EU on Wednesday said a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful metals duties imposed by the US would be ready as early as July.
Trump's Tariff Threats: Will The American Economy Get Squeezed Even More?
• https://www.youtube.comTariffs are taxes on Americans for the benefit of a tiny group of politically-connected corporations. Taxation can never lead to prosperity. Unfortunately, constant doses of patriotic propaganda convince Americans that they're being robbed for their
Trump Started a Global Trade War Today: Canada, Mexico Responded, So Will Europe
• themaven.net by Mike Mish ShedlockTrump has been itching for a global trade war ever since he took office. He just confirmed one.
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