China Credit Impulse Shrinks To 2 Year Low Amid Collapsing Shadow Banking Debt

With China having given up on its latest attempt to deleverage in response to the escalating trade war, the market was keenly looking at the latest credit metrics out of China to see if this was already reflected in the official data, and sure enough…

Half Think New Iran Sanctions Will Be Effective in Renegotiating Nuclear Deal

The Trump administration announced this week that it will re-impose trade sanctions on Iran that had been previously suspended under the 2015 nuclear agreement, and voters are cautiously optimistic that they will be effective in getting Iran to renegotiate the agreement. A new Rasmussen Reports…

China Halts Imports Of US-Made Mercedes SUVs Due To “Brake Issues”

We are sure it’s just a coincidence, but – amid all the trade tensions between US and China – Shanghai customs authorities have suddenly blocked the importations of all US-manufactured Mercedes Benz SUVs. Reuters reports that, according to a Chinese customs document circulating on Chinese…

Wholesale Sales Slump In June

Wholesale Trade Sales were hit with a double-whammy, revised notably lower in May and dropping 0.1% MoM in June. Wholesale inventories rose a modest 0.1% MoM leaving inventories-to-sales flat on the month. Expectations were for a 0.2% rise in June after a 2.5% gain in…

Where Are We In The Trade Wars: A Q&A With Goldman Sachs

Trade tensions between the US and China have increased further over the last several days, with additional tariff measures announced by both sides over the past 24 hours, including China’s latest retaliation just this morning. At the same time, other areas of trade policy have…

China Taunts The US: “We Will Survive Your Trade War”

Authored by Mac Slavo via SHTFplan.com, China is taunting the United States over the tension increasing trade war. Chinese authorities have warned through state media that they will survive the trade war with the US. As tariffs are added and prices go up on goods…

Here Is The Full List Of US Products That Will Be Hit With New Chinese Tariffs

Stoking the flames of the relentless trade war between the US and China, earlier today Beijing unveiled a list of $60 billion of some 5,207 goods imported from the United States that will be taxed with extra tariffs ranging from 5 to 25%, should the…

China Releases “Retaliation List” To US Tariffs, Will Levy Tariffs On $60BN In US Goods

Just minutes after China appeared to offer Trump an olive branch in the trade wars, when as we reported moments ago it nuked Yuan shorts by hiking forward FX reserve requirements by 20% in the process effectively easing financial conditions in the US by sending…

Trade War Returns: China Vows Retaliation To US “Blackmail” If Trump Hikes Tariffs

It took less than a day for the latest trade war ceasefire with China to crash and burn. Just hours after reports spread that Trump is considering more than doubling planned tariffs on $200 billion in Chinese imports, raising the rate from 10% to 25%,…