UK should support Trump’s trade war with China, says TIM NEWARK
9/22/2018, 4:54:01 AMUS President Donald Trump is doing us all a favour by adding more tariffs to the billions of pounds of goods China sells cheaply to the rest of the world. They have taken that money to build up their military power and now they have embarked on a chilling joint military exercise with Russia’s Vladimir Putin. ✔ Across a 5,000-mile battlefield in Siberia this month they tested their joint potential to launch an invasion ✔ Trump wants to end this and bring jobs back to America – one of his key pledges to his working-class voters ✔ Not only have the Chinese broken international intellectual property rules to steal much of our technology but they insist that companies who want to trade in their country must hand over their secrets
US-China trade war: Trump to make dispute ‘UNBEARABLY PAINFUL’ warns Steve Bannon
9/22/2018, 3:10:52 AMDONALD Trump is willing to make the ongoing trade war “unbearably painful” for Beijing and will not back down until he secures “victory”, the former White House chief strategist Steve Bannon said. ✔ Right now, President Trump's focus is on stopping it ✔ They never envisioned that somebody would actually do this ✔ Trump’s former chief strategist, who left the administration after a tumultuous stint, said trade had always been at the top of Trump's campaign strategy
China 'cancels trade talks with US and won’t send delegation to Washington'
9/22/2018, 7:22:17 AMChina cancelled trade talks with the US and will no longer send Vice-Premier Liu He to Washington next week, the Wall Street Journal reported, citing unidentified people briefed on the matter. ✔ China cancelled trade talks with the US and will no longer send Vice-Premier Liu He to Washington next week, the Wall Street Journal reported, citing unidentified people briefed on the matter ✔ and Samsonite International SA have said they’re prepared to raise prices if the new tariffs bite into their business
Trade called 'ballast stone' of ties
9/22/2018, 12:16:28 AMA delegation of Chinese scholars visited Washington and Chicago this week to emphasize the importance of stable relations between China and the United States during an entrenched trade standoff. ✔ The two sides also exchanged views on topics such as technology transfer, intellectual property protection and policies for the high-tech industry ✔ These costs would be both direct, in terms of short-term losses of growth and displacement of jobs, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency going forward, he said
‘We have far more bullets’: Trump threatens China with more tariffs if Beijing dares to retaliate
9/22/2018, 1:39:16 AMDonald Trump has threatened to impose even more tariffs on Chinese goods if Beijing dares to impose tit-for-tat measures in response to Washington’s latest package of levies targeting some $200 billion of Chinese exports. ✔ Trump has cautioned the world’s second-largest economy to think twice before engaging in a trade war in which, he claims, the US has more bullets ✔ We have a lot more to come back with, Trump told a packed rally in Missouri for Republican Senate candidate Josh Hawley ✔ And then they said, 'We're going to do the same thing'
US growth is shrugging off Donald Trump’s China tariffs
9/22/2018, 2:35:44 AMundefined ✔ There is a great deal of ruin in a nation, as Adam Smith once observed ✔ Growth in the US has been steady for nearly a decade, with help from supportive monetary policy which is only gradually being tightened ✔ On top of that, Mr Trump has unleashed a fiscal stimulus whose effects will continue probably until 2020
Tech stock reshuffle sends US equity volumes soaring
9/22/2018, 12:05:54 AMundefined ✔ Many ETFs are passive and are designed to track indices ✔ Investors and traders noted that the sector reclassification was heralded months ago and structured to try to sidestep big swings ✔ The S&P 500 has rallied to fresh highs this week as optimism about the strong US economy overtook ongoing fears of a trade war
The Investor Case for Breaking Up Amazon
9/22/2018, 12:15:17 AMAn analyst thinks through the pluses and minuses of splitting the formidable online retailer and cloud juggernaut in two. ✔ Amazon.comis more than the world’s largest e-commerce company: Its Amazon Web Services cloud-computing division is also the global leader, with a 2017 market share that was larger than competitors Microsoft, Alphabet,and IBMcombined ✔ Home values are expected to rise 0.25%, more than June’s 0.11% increase
Which nation is 'most generous' to refugees? Certainly not the US | Aryeh Neier
9/22/2018, 10:24:13 AMMany countries that don’t have the luxury of rigorous admissions processes give refuge to vastly greater numbers of people ✔ The claim that the United States is very generous also seems based on the amount of foreign aid that is distributed ✔ Unfortunately for the United States, the Trump administration does not seem to recognize that the country is better off in the world if its America first policy is balanced by a willingness to accept a reasonable share of responsibility for alleviating the distress of those unfortunates who have had to become refugees
5 Stocks to Buy As Bond Yields Rise
9/22/2018, 2:18:56 AMA recent JPMorgan report suggests that investors may want to rotate out of some of their defensive holdings and into cyclical stocks. We choose five. ✔ Treasury yields perked up last week, and contrary to what some investors believe, that’s a promising sign for stocks ✔ One is to continue cross-selling investment banking and commercial services to customers it picked up during a 2016 acquisition of First Niagara Bank
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