Mexico

Chinese Manufacturers Are Scrambling To Replace Workers With Robots As Wages Soar

Tepid wage growth has been frustrating Americans for years. But if trends in China’s manufacturing sector have any bearing on the US, there’s an upside to stagnant pay: Workers get to keep their jobs – for now, at least. In China – where real wages have doubled in the past decade – the opposite is true.

Trump "Overrules" Cabinet, Prepares To Unleash Global Trade War

In what may be one of the "most consequential and contentious" decisions about to be announced by Donald Trump, with the political world distracted by Trump's media wars, Axios reports that Trump - defying virtually all his Wall Street advisors - is set to launch a global trade war.

US Oil Rig Count Drops For First Time In 24 Weeks As Trump Unveils US-Mexico Petroleum Pipeline

Last week saw US crude production decline by the most since Aug 2016 (perhaps affected by 'Cindy') and given the lagged response to WTI prices, many expected the oil rig count to drop this week. As WTI heads for its 7th up-day in a row - the longest streak in 6 months - it is supported as the US oil rig count dropped 2 to 756, the first drop in almost 6 months.