In One Map: Car Imports into the United States
by howmuch Now that the global trade war, started by United States President Donald Trump, is in full swing, many people want to learn the facts before passing judgement. Global … Read more
imports
China halts all oil imports from US amid escalating trade war
via RT: America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil … Read more
JPMorgan: Trade War Will Get Worse, Expect Tariffs on All Chinese Imports
via yahoo: With little prospect of a restart for U.S.-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all … Read more
HARDBALL: U.S. Signals It Could Sanction China Over Iran Oil Imports.
via WSJ: Brian Hook, who has been appointed as special representative and chief of a new Iran Action Group at the State Department, said the U.S. would issue waivers from … Read more
Exports Are Dominated By Two Countries, Imports By Three. And Everything Revolves Around China.
By MC01, WOLF STREET: China’s phenomenal and somewhat worrying rise as the top steel producer in the world has fueled an absolutely unprecedented boom in the trade of iron ore. The latest … Read more
Is This Why Trump Folded: China Holds Up U.S. Pork, Auto Imports
via Zerohedge: President Trump surprised pundits and assorted watchers of the ongoing simmering trade war between China and the US on Sunday, when he pledged to help China’s telecom giant … Read more
Fasten your Seatbelts!! China Takes First Step In Paying For Oil Imports In Yuan currency instead of US dollars!
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the … Read more
Tick Tock! Tick Tock! – In Unprecedented Move, China Plans To Pay For Oil Imports With Yuan Instead Of Dollars
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global … Read more
Imports From China Hit Record High As U.S. Trade Deficit Continues To Explode
By Michael Snyder It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming … Read more