US. President Donald Trump has announced that he will hike tariffs on some $300 billion-worth of Chinese goods to 10% starting on September. 1, 2019 escalating the trade war between the world’s two biggest economies as recent negotiations faltered.
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Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday
Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday, confirming analysts’ expectations of a cut amid softening inflation, a strong consumer economy and an uncertain international trade outlook.
U.S. officials are set to Travel to China Next Monday for the First High-Level, Face-to-Face Trade Negotiations Talks
Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.
Breaking News – LIVE: Boris Johnson Wins Race to Become Next PM – Gold Silver Reports
Boris Johnson, one of the biggest voices in the Brexit movement, won the Conservative Party leadership race on Tuesday and will become the U.K.’s next prime minister.
Federal Reserve officials Signaled They are Ready to Cut Interest Rates
Federal Reserve officials signaled they are ready to cut interest rates by a quarter-percentage point at their coming meeting, while indicating the potential for additional reductions because they are worried about a slowdown in global growth, an increase in trade-policy uncertainty and a pullback in inflation.
American Naval Vessel Shot Down an Iranian Drone – Gold Silver Reports
WASHINGTON: Tensions in the Gulf region mounted Thursday as US President Donald Trump said an American naval vessel shot down an Iranian drone that threatened the ship as it was entering the Strait of Hormuz.
Iran’s Missiles…. Are Absolutely and Under no Condition Negotiable with Anyone or any Country, Period,”
Gold Silver Reports (GSR) – US President Donald Trump said on Tuesday that progress has been made with Iran, despite Supreme Leader Ayatollah Ali Khamenei having warned that Tehran would continue developing its nuclear program in violation of the 2015 deal with the six world powers.