Tag Archives: Trade War

China Devalues the Yuan; The US/China Trade War Gets a Second Front



This week Trump labeled China a currency manipulator as the Chinese yuan dropped to a ten year low. People are asking what is going on and whether this could trigger a currency war between China and the United States. Here’s what this means.


Jerome Powell Fights in the Trade War



 

Markets are rallying after Jerome Powell’s recent announcement that the fed will be helping stimulate the economy if the trade war starts to take its toll. Here’s exactly what could happen and what was just announced.


Donald Trump’s Mexican Standoff; The Tariff Threat



President Trump just threatened Mexico with an increasingly growing tariff. The first round of tariffs will be a five percent tax on all goods imported on Mexico. These will be launched on June 10th. This is what is happening and why.


Farm Aid; The Costs of a Trade War



Sonny Perdue and the Trump Administration announced an additional sixteen billion dollars in aid to farmers struggling with the trade war. The question is, how and why is the government paying farmers billions of dollars for goods there’s no market for. This is everything you need to know about this bailout.


The Trade War Continues; Trump Introduces New Tariffs on $200 Billion of Chinese Goods



In an escalation of the trade war with China, Trump introduced a whole slate of new tariffs. There are some debates over the economics of these tariffs, but here are the basics of what just happened, and what happened the last few times we imposed tariffs in this war.


The Trade War’s Second Front; Negotiating Peace With Japan



We recently saw Japanese Prime Minister Shinzo Abe visit the White House to negotiate a one on one peace deal with Trump. Here are the sticking points keeping a deal from being signed, and the conflict that lead up to this point.


Will Congress Finally Pass the USMCA? A New Report Predicts it’s Economic Impact



On Thursday a long awaited report was released detailing the economic impacts of New NAFTA, or the USMCA. This report was generally positive, if slightly underwhelming. The question now is, what are congress’s objections and will this new deal pass?


China’s Belt and Road Initiative Finds A Home In Italy



Xi Jinping is currently in Italy looking for their official support regarding his Belt and Road Initiative. This would be the first G7 member to endorse the program. None of the other G7 members are thrilled about this. Here’s what’s going on.


Top 5 Takeaways China’s 2019 Economic Policy Summit



Every year thousands of Chinese politicians get together to discuss the future of the economy. This year the main focuses were a slowdown in GDP growth, a two trillion yuan tax cut, a new foreign investment law, China’s “Hidden Debt” problem, and of course the trade war. Here’s what happened.


How to Resolve a Resolution; New NAFTA and Congress



This trade war story is yet to have it’s happily ever after moment because both parties in congress do not like the USMCA trade agreement that America recently signed with Canadian and Mexican leaders. Here’s how implementation is playing out in Congress.