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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1254)10/19/2018 12:36:17 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 13801
 
Trump delighted as China proposes it buy four US Aircraft Carriers to balance this year's trade deficit - businessinsider.com

The proposal which appeared in the "People's Daily" pointed out the problem is not that China does not buy, but that the United States does not sell," referencing the escalating trade war between the two countries.

"For example, if the US is willing to sell its Ford-class aircraft carriers with one piece is priced at US$15 billion, and the US sells four to China, we can immediately narrow the trade gap by US$60 billion."

Trump told reporters, "This aircraft carrier deal will be the largest weapons sale ever made by any administration - and we don't really need them. It's a win-win."

The proposed aircraft carrier sale comes at a critical time while the Trump administration is under heavy pressure from Congress to cancel their $100 million arms deal with the Prince of Saudi Arabia following their live dismemberment of a US resident.

The USS Gerald Ford may be included in the coming arms deal with China



To: robert b furman who wrote (1254)11/2/2018 2:50:12 AM
From: elmatador  Read Replies (1) | Respond to of 13801
 
Trade war being defused


potential progress in Washington's trade negotiations with Beijing


In a tweet, the president said he had a "long and very good conversation" with the Chinese leader, "with a heavy emphasis on trade." He added that "those discussions are moving along nicely" ahead of planned face-to-face meetings at the G-20 summit in Argentina later this month.

Hong Kong's Hang Seng index surged 3.57 percent, the Shanghai composite gained 2.37 percent and the Shenzhen composite advanced 3.017 percent.

Those markets, which had been higher all day, climbed higher after Bloomberg reported that Trump had asked officials in his administration to start drafting a potential trade deal with China.

https://www.cnbc.com/2018/11/02/us-china-trade-war-trump-reportedly-asks-officials-to-draft-deal.html

Following the release of that article — which cited four unnamed sources familiar with the matter — many big-name stocks in the Hong Kong markets skyrocketed: Tencent surged more than 8.2 percent, ZTE jumped 11.4 percent and Geely Automobile saw gains of 11.2 percent.

https://www.cnbc.com/2018/11/02/us-china-trade-war-trump-reportedly-asks-officials-to-draft-deal.html