Trade Wars

Trade Wars Escalate: Trump Admin Hikes Tariffs On Bombardier To 300%

In a decision that's bound to infuriate the leaders of Canada and the UK, the US Commerce Department on Friday tacked on an additional 80% tariff against Bombardier C-Series Jets imported from the US's northern neighbor, adding to a 220% preliminary levy authorized last week...

Trump Warns Xi: Trade War With China Begins Monday

As if there weren't enough geopolitical stress points in the world to fill a lifetime of "sleepy, vacationy" Augusts, late on Friday night President Trump spoke to Chinese President Xi Jinping and told him that he's preparing to order an investigation into Chinese trade practices next week, effectively launching trade war with China.

Now, A Trade War; Next A Shooting War?

A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars. Both history and analysis support this thesis. Is this pattern repeating itself today? Sadly, the answer appears to be yes.

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.

Mexican Industrial Production Crashes In April

Delayed blowback from Trump? Mexico's Industrial Production crashed 4.4% in April - the biggest drop since Oct 2009 - with manufacturing dropping after surging in March.

Sugar Wars - Sweet Deals, Bad Policy

A “sugar bomb” will detonate on June 5 unless the US and Mexico can reach an agreement on sugar imports within the next week...

Trump-Xi Deal Could Fuel A U.S. LNG Boom

The glut is still here, and there is no gas-related OPEC to try and do anything about it, so prices are bound to stay low for a while longer. For how long, it is difficult to say. Capturing a piece of the Chinese market may be a challenge but the rewards to be reaped sure look like it’s worth it.

Speculators Have Never Been More Bearish On The Loonie

Since President Trump met his Candian counterpart Justin Trudeau in mid-February, speculators have piled into bearish Canadian Dollar positions. In fact, between imploding housing bubbles, crashing oil prices, and escalating trade wars, bets on a battered Loonie have never been higher...