After all the build-up to the big meeting, the Americans said they would suspend further imposition of new tariffs for 90 days to give the Chinese time to come up with solutions to the deepening conflict? Ninety days might provide a few more sales of U.S. products to China and there could be some policy […]…
Category: blog
Beware Of a “Quick Fix” Agreement between U.S. and China
There appears to be a civil war in the Trump Administration over how to approach a meeting with Chinese President Xi Jinping later this month. The “Wall Street wing” centered on Treasury Secretary Mnuchin is looking for China to announce it will buy a lot more American products, perhaps make some mild opening moves in […]…
China and the United States–a “New Cold War?”–An Overseas Press Club panel discussion
Confirmation that declines in Chinese purchases could be increasing U.S. interest rates, roiling stock market
President Trump is beating up on the Federal Reserve for raising interest rates, but the Fed does not have complete control. Big investors such as China (which holds $1 trillion in U.S. debt) can have major impact by simply buying fewer bonds and notes, as I suggested Oct. 5, seen here. Now comes confirmation from […]…
Is Trump Losing South Korea?
Priesident Trump was quoted recently as saying that South Koreans could “do nothing” vis a vis North Korea without his permission. Oops. According to this report in the New York Times today, South Korean President Moon, a child of refugees from North Korea and a liberal in favor of re-unification, is talking about demilitarizing the […]…
