‘Strong economy through 2020’: Trump and advisers insist no looming recession

Peter Navarro and Larry Kudlow dispute market indicatorsTariffs are hurting China not US, trade aide insists Donald Trump’s chief trade advisers insisted on Sunday the US is not facing a recession which markets appear to fear and which could cost the p…

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Huawei boss: UK ‘won’t say no to us’ over 5G rollout

Ren Zhengfei confident of UK deal with Chinese company, but security concerns remainThe founder and chief executive of Huawei has said Britain “won’t say no to us” over the Chinese firm’s involvement in the rollout of 5G mobile internet infrastructure….

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Trump foolishly thinks gold standard will usher in a golden age

The president’s nominee for the Fed believes pegged exchange rates will fix the US trade deficit. Not soThere are now scores of efforts to psychoanalyse the US president Donald Trump’s nomination of Judy Shelton to the Federal Reserve board. Some empha…

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Global markets rally after US cools trade war with China

Washington delays some planned tariffs on imports including electronicsFinancial markets around the world have rallied amid cooling tensions in the US-China trade war.Washington announced on Tuesday that it would delay the introduction of 10% tariffs o…

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Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump, abruptly announcing plans to impose a 10% tariff on th…

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UK too desperate to secure US trade deal, says Clinton’s treasury secretary

Britain in weak negotiating position despite Trump’s warm words, says Larry SummersThe former US treasury secretary Larry Summers has said he does not believe that a “desperate” UK would manage to secure a post-Brexit trade deal with Washington, as Dom…

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Simon Birmingham says threat of new US tariffs on China may breach WTO rules

Trade minister says if $300bn tariff is implemented it ‘may well’ breach World Trade Organisation regulationsAustralia’s trade minister says the latest Trump administration threat to impose new tariffs on $300bn worth of Chinese goods could, if it even…

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