Rex Tillerson

China Threatens With Trade War Retaliation If US "Damages Trade Ties"

"If the U.S. side ignores the facts, and disrespects multilateral trade principles in taking actions that harms both sides trade interests, China will absolutely not sit by and watch, will inevitably adopt all appropriate measures, and resolutely safeguard China's lawful rights."

Is Trump Gearing Up To End The Iran Nuclear Deal?

"U.S. President Trump seems determined to kill the nuclear deal with Iran. European leaders should strive to prevent this, as it would severely damage transatlantic relations and the nuclear non-proliferation regime."

Trump: "We Have A Military Option For Venezuela"

"I'm not going to rule out a military option," Trump told reporters at his New Jersey golf club discussing recent events in Venezuela.  "We have many options for Venezuela, including a possible military option, if necessary,"

World Markets Slide Spooked By Latest N.Korea Statement; Dollar, Gold, Oil Jump

European and Asian market and S&P futures have resumed their slide, as geopolitical tensions between North Korea and the U.S. spiked again overnight after Pyongyang responded to the latest set of warnings by Trump, revealing a plan to fire 4 ballistic missiles at Guam by mid-August. Gold gains for a third day while Brent rose above $53.

Stocks Catch A Bid On Report Trump's Threat Was Improvised

The S&P has caught a bid, and is now down just 0.1%, with the Nasdaq similarly wiping out most early losses, following a report that contrary to previous speculation that Trump's bombastic "fire and fury" statement was a coordinated and pre-agreed upon indication of intent from the entire White House, it was in fact improvised.

North Korea Releases Canadian Prisoner As Tillerson Talks Down "Imminent Threat"

In two welcome signs of de-escalation after yesterday's sudden spike in bellicose rhetoric, moments ago North Korea released a Canadian man from prison on humanitarian grounds, while Rex Tillerson said he doesn't believe there is "any imminent threat" from North Korea, and says that they should "have no concerns about this particular rhetoric of the last few days."

US Preparing For Airstrikes Against ISIS In The Philippines

The Pentagon is reportedly considering a plan that allows the U.S. military to conduct airstrikes on ISIS in the Philippines. The authority to strike ISIS targets as part of collective self-defense could be granted as part of an official military operation that may be named as early as Tuesday. The strikes would likely be conducted by armed drones.