US-China trade war: Trump and Xi are locked in world’s largest game of chicken, and neither can blink | South China Morning Post: Opinion |

KW: Soon New Zealand will have to take sides Neither side can afford a trade war – and neither side can afford to back down. Source: Opinion | US-China trade war: Trump and Xi are locked in world’s largest game of chicken, and neither can blink | South China Morning Post

Share Button

You’re coming! Trump threatens China with immediate tariffs if Xi Jinping does not attend G20 — RT Business News

KW: American bulllyingand boasting has sunk to a new low. CNBC reported that Trump boasted “Had a Democrat gotten in… China would have caught us by the end of her term. They’re nowhere close, they’ll never catch us,” Trump said China has “lost many many trillions of dollars” since he was elected president. Of course this is…

Share Button

Russia, China Prepare To Dump Dollar, Agree To Bilateral Trade In National Currencies | Zero Hedge

KW: Interesting to read that Russian Prime Minister Medvedev now says that it is good thing having U.S sanctions imposed as it is forcing them to do something they should have done 10 years ago!!! RT reports:- Russia and China took another step away from the US dollar after the two countries agreed to develop bilateral…

Share Button

Malaysia’s Mahathir proposes common East Asia currency pegged to gold – Reuters

KW: There is increasing rebellion amongst global leaders particularly Asia- mid East due to the over bearing bulling and economic threat the U.S poses to global economies. The movement away from the dollar-based international monetary system is gathering speed. The latest move comes from Malaysian Prime Minister Mahathir Mohamad. Last week he promoted the idea of…

Share Button

China says U.S. demand on its state-owned enterprises is ‘invasion’ on economic sovereignty – Reuters

KW: China-U.S relations:It’s not just about trade anymore it’s a new cold war. The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs…

Share Button

Trade Wars: A Real-Life Game of Thrones | AIER

Unlike marvelously created made-for-television episodes where someone usually emerges victorious, in trade wars, everyone loses. Source: Trade Wars: A Real-Life Game of Thrones | AIER

Share Button

Chinese President Xi Jinping sounds Long March rallying call as US trade war tensions rise | South China Morning Post

KW: You’ve heard about “rare earths.” These are 17 chemical elements with names including cerium, erbium, europium and other little-known metals. Certain rare earth minerals are formed from combinations of these rare earth elements. Despite the designation as rare earths, they are not actually that rare. In fact, some are quite plentiful in the Earth’s crust….

Share Button

‘Stupid economics’: Attack on Huawei tells world to avoid doing business with US – Prof. Wolff — RT Business News

KW: Nothing too far fetched with this statement from Professor Wolf. The question remaining is will it impact the thinking of New Zealands farming industry that currently sells a lot of beef to the U.S.? The US has underestimated the consequences of the attack on Chinese telecom giant Huawei as it sends a strong signal…

Share Button

Some American financial news writers are waking up to unpleasant realities

KW:Make no mistake. This is a war on China and Iran started by Donald Trump and where it will end is anyones guess. Interupting trade between countries and wrecking the established buiness practices is a declaration that you are going to destroy the lives of people and deprive their ability to earn a standard of…

Share Button

Trump Tarrifs Explained. Trade wars are still Wars

KW: ‘Rope a Dope’ was a famous quote courtesy Muhammad Ali uttered just before he re took the heavyweight boxing crown back from George Foreman. It seems according to this explanatory video this is exactly what Trump is doing to himself and the U.S. economy. Roping the Dope. This is a good explanation about the…

Share Button