Wall St. rises on trade war truce; industrials lead

Wall St. rises on trade war truce; industrials lead

NEW YORK (Reuters) – U.S. stocks rose on Monday and gains in industrials helped propel the Dow to a more than two-month closing high, after a truce between the United States and China calmed fears that a trade war might be imminent. U.S. Treasury Secretary Steven Mnuchin’s comments over the weekend that the two countries […]

U.S., China putting trade war on hold, Treasury's Mnuchin says

U.S., China putting trade war on hold, Treasury's Mnuchin says

WASHINGTON (Reuters) – The U.S. trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Mnuchin and U.S. President Donald Trump’s top economic adviser, Larry Kudlow, said the agreement reached by […]

Tariffs & Trade Wars Are Initiated Out of Weakness

Tariffs & Trade Wars Are Initiated Out of Weakness

The Trump administration is applying aggressive trade tariffs against friend and seeming foe alike in these days of heightened yet manufactured global economic “events, dear boy, events”, to quote former British Prime Minister Harold Macmillan.  China’s getting the brunt of the tariff abuse, and is returning tariff pressures in kind while ramping up its drive […]

US may sanction EU companies who trade with Iran – Bolton

US may sanction EU companies who trade with Iran – Bolton

US National Security Advisor John Bolton has said the US could sanction European companies that continue to trade with Iran following the Trump administration’s decision to withdraw from the Iran deal. READ MORE: Iranians burn Trump’s effigies, US flags at protests against nuclear deal withdrawal (PHOTO, VIDEO) Bolton made the remarks during an appearance on […]

Trade talks expose a chasm between China and America

Trade talks expose a chasm between China and America

START with the good news from the trade negotiations between China and America. After weeks of threatening tariffs and counter-tariffs, representatives from the world’s two biggest economies are at last talking. Over two days of meetings in Beijing, which ended on May 4th, Chinese and American officials laid out their grievances and their demands. That, […]

Buffett says U.S., China will avoid acting 'extremely foolish' on trade

Buffett says U.S., China will avoid acting 'extremely foolish' on trade

OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will come to loggerheads on trade, and the countries would avoid doing “something extremely foolish.” “The United States and China are going to be the two superpowers of the world, economically and in other ways, for […]

Nasdaq asks regulators to let companies decide where they trade

Nasdaq asks regulators to let companies decide where they trade

NEW YORK (Reuters) – Nasdaq Inc has asked regulators to allow it to give small companies a choice of trading on a single U.S. stock exchange, rather than all 13 of them, in an effort to make it easier for buyers and sellers of the stocks to find each other. FILE PHOTO: The Nasdaq logo […]

Trade tensions set for brighter U.S. corporate spotlight

Trade tensions set for brighter U.S. corporate spotlight

NEW YORK (Reuters) – The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions. FILE PHOTO: Traders work on the floor of the New York Stock […]

Are Trade Deficits Dangerous? … Should We Panic? Or Ignore?

Are Trade Deficits Dangerous? … Should We Panic? Or Ignore?

We’re told that the U.S. has trade deficits with many nations. Many people believe that this is a bad thing that cannot continue. But are they right? Ron Paul discusses on today’s Liberty Report. Ron Paul Liberty Report – Archives fmsmnewsFMSMNews.com is a news aggregator and opinions blog. We aim to showcase news from various […]