US lays out demands for free trade deal with UK, raising concerns over food regulations March 1, 2019 The United States has taken a hard line on post-Brexit trade talks with the UK, demanding greater access to British markets where products such as chlorinated chicken are currently banned by the EU. In its negotiating objectives for a future free trade deal, the US Trade Representative’s office (USTR) said it would try to reduce [...]
Editor’s Notes: Let’s hear it from the New Democrats and Reagan Republicans March 1, 2019 Back in 2015, I was convinced the UK was heading for another hung parliament. The following year I expected a comfortable Remain victory in the EU referendum. A few months later, turning to the US, I was certain that Hillary Clinton would trounce Donald Trump at the ballot box. Then, just to compound things, I [...]
US and North Korea summit ends abruptly after talks between Donald Trump and Kim Jong Un break down February 28, 2019 A summit between US President Donald Trump and North Korea’s Kim Jong Un has ended abruptly with no agreement reached. The pair were expected to conclude a second day of talks with a lunch and signing ceremony in Hanoi, Vietnam. Read more: Chinese stocks leap as Trump signals tariff increase delay South Korean shares fell [...]
Michael Cohen testimony live: Former lawyer makes explosive claims against ‘racist’ and ‘cheat’ Donald Trump February 27, 2019 Donald Trump’s former lawyer has labelled the President a "racist" and a "cheat" in an explosive testimony in front of Congress this afternoon, adding that the real estate mogul directed plans for a Russian skyscraper even during his White House campaign. At a blockbuster House Oversight and Reform Committee hearing today, erstwhile aide to the [...]
Huawei chairman says the US has ‘no evidence, nothing’ of Chinese backdoors in 5G February 26, 2019 Huawei's chairman Guo Ping has said there is "no evidence, nothing" to support US claims of spying via its telecommunications equipment. "We don't do bad things," said Ping, speaking in a keynote address at Mobile World Congress in Barcelona. "Here, let me say this as clearly as possible: Huawei has not and will never plant backdoors. [...]
Chinese stocks leap as Trump signals delay to tariff increase in US-China trade war February 25, 2019 Chinese stocks soared to their best one-day rise in more than three years today after President Donald Trump indicated the US would postpone a tariffs hike on $200bn of Chinese imports. The US was set to increase tariffs on a vast range of goods from 10 per cent to 25 per cent this Friday, but [...]
Warren Buffett takes aim at Trump in annual letter February 24, 2019 Wall Street veteran Warren Buffett appeared to take aim at President Donald Trump over the weekend, after saying that individuals could not claim credit for success in the US economy. In a letter to Berkshire Hathaway shareholders on Saturday, the billionaire said that “it is beyond arrogance for American businesses or individuals to boast that [...]
US index S&P 500 posts highest close since November on China trade war optimism February 23, 2019 The S&P 500 hit a closing level high for 2019 and posted its highest close since November 8 on the back of news that the US and China trade war could be drawing to a close. Investors revelled in the news that talks were progressing well after top trade negotiators from both countries wrapped up [...]
US and China extend talks as end to trade war nears February 23, 2019 The US and China have agreed to extend talks over a new trade deal in a sign that the two countries may be nearing an agreement. Chinese negotiators have agreed to stay in Washington to continue talks next week, it was announced on Friday. Chinese president Xi Jinpint said “progress” had been made in a statement [...]
Bernie ‘socialist’ Sanders is the Democrats’ worst enemy February 22, 2019 Take a seat, Democrats, your messiah for the 2020 presidential race has arrived, in the form of socialist septuagenarian Bernie Sanders. If you thought that you’d seen the last of Sanders after he lost to Hillary Clinton in the 2016 primaries, think again. The 77-year-old Vermont senator is back, launching his campaign on Tuesday and [...]