(Ryan DeLarme) The Underground Newswire does not seek to convince or sway, rather it is our hope to indicate and suggest without violating the universal and self evident laws of free will and confusion. We’d like first and foremost to suggest that we are all, every one of us, in the midst of a quiet war fought with silent weapons.
trade war
Beijing Confirms Arrest Of Two Americans As Trade Tensions Rise
(Zero Hedge) In a report that probably sent a chill down the spine of all Americans working or living in mainland China, two Americans who run an English-teaching business in China have been arrested and detained on “bogus” charges, according to a statement published on their company’s Facebook page.
China’s Xi: “I Can’t Believe What President Trump Says”
(Zero Hedge) With equity futures gradually rolling over overnight, there was the obligatory dose of trade war optimism in this morning’s news flow, with Trump reiterating that China wants to talk, while China was said to be hopeful the US can create conditions for trade talks; this was followed by a CCTV report according to which U.S. delegates said they hope U.S.-China trade talks can achieve progress and reach a deal as soon as possible, while China’s premier Li was quoted as saying that China and US should find solutions to disputes based on consensus reached by leaders of the two nations, adding that “China treats domestic, foreign companies fairly” and “puts more focus on intellectual property protection”, noting that “companies including U.S. firms are welcome to increase investment in China.”
New World Order In Meltdown — Developments Confirm the Deep State is Losing
(Jon Hellevig) Last week was full of portentous events. Only somebody who has not been awake for the last few years will fail to realize how these at first sight unconnected events are part of the same matrix.
US Slaps New Tariffs On China; One Minute Later China Retaliates
(Zero Hedge) The biggest reason for last week’s torrid stock market rally was rekindled “optimism” that the escalating trade war between the US and China may be on the verge of another ceasefire following phone conversations, fake as they may have been, between the US and Chinese side. This translated into speculation that a new round of tariffs increases slated for this weekend may not take place or be delayed.
“This Is The Worse I’ve Seen It” – Recession Imminent As RV Industry Crashes
(Zero Hedge) To elaborate more on our July report titled “Trade War Chaos: Trump’s Tariffs Crash American RV Industry,” it seems the RV industry continues to flash a recessionary warning light.
What Are The Consequences Of Being Named A Currency Manipulator: China
(Zero Hedge) As everyone knows by now, after the market closed on Monday, the US Treasury unexpectedly named China a currency manipulator, which naturally will be viewed as an escalation of the trade war and exacerbate the market sell-off, even if the PBOC briefly limited the selloff overnight by fixing the yuan slightly higher than expected (don’t expect this calm to last).
The EU Just Surrendered To Trump, Handing Americans A Huge Win – MSM Left With Jaws In Hand
(David Cohen) Moments ago President Donald Trump strode into the Rose Garden with Jean-Claude Juncker President of the European Commission where, together, they announced the elimination of tariffs on industrialized goods.
Trump Sets His Sights on the Fed’s Tightening and the Strong Dollar — “It Was Only A Matter of Time”
(Palisade Research) Who says that the President doesn’t – and shouldn’t – pay attention to the U.S. Dollar’s value?
The Trade War Is Already Having A Huge Impact On The U.S. Economy
(Michael Snyder) The trade war has barely just begun, and yet significant ripple effects are already being felt all across the U.S. economy. Once thriving businesses are on the verge of failure, workers are being laid off, and some sectors of the economy are witnessing enormous price hikes.
Experts Warn Of Chaos For The U.S. Economy As China Declares That “The Biggest Trade War In Economic History” Has Begun
(Michael Snyder) Nothing is going to be the same after this. On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs. If it stopped there, this trade war between the United States and China would not be catastrophic for the global economy.