China says U.S. currency manipulator labeling could cause chaos in financial markets
Editors note: The Chinese way. Concealing actions and intentions. “China ‘has not used and will not use the exchange rate as a tool to deal with
Editors note: The Chinese way. Concealing actions and intentions. “China ‘has not used and will not use the exchange rate as a tool to deal with
Currency designation will initiate consultations on trade barriers Washington. The Coalition for a Prosperous America (CPA) today strongly praised the Trump administration for formally designating
Editors note: China’s “unreliable entity” list punishes HSBC for helping catch Huawei’s CFO. Oddly there are still some that say that Huawei is not an
Editor’s note: The 25 year old currency war against the US has been joined. Washington – The Omnibus Trade and Competitiveness Act of 1988 requires
Excerpt. “A.I.’s military power is the simple reason that the recent behavior of America’s leading software company, Google — starting an A.I. lab in China while ending an
Editors note: China is now fighting back through manipulating the allowed trading band for the renminbi. The US needs to stop sleepwalking through this next
Editors note: Japan does not sleep walk through currency conflicts. Its financial ministry fights back. Tokyo financial traders do not squawk about wanting a strong
Editors note: Conservative opinion leaders are starting to focus on the need for a competitive dollar. Senator Josh Hawley (R-Mo.) has wasted very little time
Editors note: Professor Michael Pettis wrote the book called “The Great Rebalancing” and is a core expert on global trade and balances. He is supportive of
By Steven L. Byers, PhD, CPA Senior Economist The US trade deficit in goods and services for June 2019 decreased by 0.3 percent, to $55.2