Economy
China imposing new tariffs on U.S. products in retaliation of Trump tariffs

CBSNews |
China says it's rolling out new tariffs on U.S. meat, fruit and other products as retaliation against taxes approved by President Trump on imported steel and aluminum.
The Chinese finance ministry says in a statement...04/02/18
$13 Billion Net Worth Loss As Amazon Crashes

ZeroHedge |
Amazon shares are down 7% today and almost 11% in the last two days, breaking below its 50DMA, amid a broad tech unwind contagion and growing concerns about government crackdowns from "obsessed" Trump.
The
reason is...03/28/18
China Moves To Destroy US Dollar As They Launch The Gold-backed Petro-Yuan

FreeThoughtProject |
In a massive move against the global dominance of the U.S. dollar, China’s highly anticipated Petro-Yuan has been launched in Shanghai. With China being the world’s largest consumer of oil, this new currency is an...03/27/18
China names 128 US products that could be subjected to new tariffs

WashingtonExaminer |
China’s commerce ministry has named 128 U.S. products with an import value of $3 billion that could be subjected to new tariffs, responding to the Trump administration’s push to impose tariffs on Chinese imports.
The...03/23/18
Californians fed up with housing costs and taxes are fleeing state in big numbers

CNBC |
A property for sale in Monterey Park, California
Californians may still love the beautiful weather and beaches, but more and more they are fed up with the high housing costs and taxes and deciding to flee to lower-...03/20/18
Trump: "Amazon Pays Little Or No Taxes, Puts Thousands Of Retailers Out Of Business"
ZeroHedge |
Update: If President Trump's tweet was not enough, White House spokesperson Raj Shah has just confirmed that tax policies need to catch up to Amazon, and President Trump would support tax changes aimed at leveling the...03/29/18
Tesla Bonds 'Riskier' Than Ukraine As Company Pleads Ignorance Over Fatal Crash

ZeroHedge |
As we detailed earlier, a fatal crash earlier this month that left a Tesla Model X smouldering on the shoulder of the southbound lane of Highway 101 in Mountain View has hammered Tesla shares to their lowest level in a...03/28/18
US, China Said To Near Deal To Avert "Tit-For-Tat" Trade War

ZeroHedge |
With its long-anticipated petroyuan contract only hours old, senior government officials in Beijing are reprotedly working with the US to try and reach an agreement that would stave off a tit-for-tat trade war between...03/26/18
China Unveils How It Will Retaliate To US Tariffs, USDJPY Snaps

ZeroHedge |
While it will hardly come as a surprise considering that trade wars always evolve in an escalating tit-for-tat manner, the WSJ reports that just hours ahead of Trump's announcement of as much as $60 billion in tariffs...03/21/18