by Mac Slavo | Dec 6, 2018 | Headline News
The United States trade deficit reached $55.5 billion in October which is the highest level in a decade. Imports rose 0.2% to $266.5 billion and exports fell 0.1% to $211 billion, marking yet another failure of the U.S.’s trade war. U.S. President Donald Trump...
by Mac Slavo | Dec 6, 2018 | Headline News
Thanks to lingering anxiety about the ongoing trade war and rhetoric between the United States and China, futures indicated that the Dow would open over 400 points lower this morning. Couple that with the expectation that the sell-off will continue, the economic...
by Mac Slavo | Dec 4, 2018 | Headline News
President Donald Trump is celebrating the fact that he’s a thief and glorifying in his ability to steal money via way of tariffs/taxation. Earlier today, Trump tweeted that he’s the “tariff man” and he is “taking in $billions in...
by Mac Slavo | Dec 3, 2018 | Headline News
The Dow futures gained 460 points shortly after United States President Donald Trump and Chinese president Xi Jinping vowed to temporarily hit the pause button on their economically disastrous trade war which has been ongoing since March. Both the U.S. and China...
by Mac Slavo | Nov 15, 2018 | Headline News
China is said to have outlined a few concessions for the Trump administration to consider, in an effort to diffuse the quickly escalating trade war between Beijing and Washington. But it’s still going to be a long road, as the concessions will fall short of...