The Geneva Connection: How the Trump Tariffs penalize US-China Ties and Global Economic Prospects

The US has a trade deficit of US$ 1.2 trillion a year and China has a surplus of US$ 1 trillion. The way out of this situation for the US and perhaps also for China is for the US side to reduce consumption and increase manufacturing investment.

The Geneva Connection: How the Trump Tariffs penalize US-China Ties and Global Economic Prospects

In early May, international headlines reported on the meeting of U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer and China’s economic tsar He Lifeng in Geneva, Switzerland. Optimists saw the impending talks as the first step toward resolving a trade war, which was disrupting the global economy. By contrast, pessimists claimed talks […] The post The Geneva Connection: How the Trump Tariffs penalize US-China Ties an…

Video – Chaos To Infinity And Beyond

Stephen Miran, chair of the Council of Economic Advisors is calling for a total global economic overhaul, one that’s going to weaken the dollar, enact new tariffs and force foreign nations to pick up the bill for America’s military umbrella and financial dominance.