Get the latest news and updates on cross-border customs and international trade.
Posted August 31, 2018
U.S. equities slumped yesterday after Trump told reporters he intends to escalate his trade war with Beijing by moving to impose tariffs on $200 billion worth of Chinese imports as soon as next week. Continue Reading
Posted August 29, 2018
The loonie has weakened about 3.1% this year versus the greenback, but some traders see stability ahead for the Canadian currency despite the shifting interest-rate outlook and trade developments. Continue Reading
Posted August 24, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
Stating the “gradual process of normalization remains appropriate,” Fed Chair Jerome Powell told policymakers he believes further interest rate hikes are the best way to sustain U.S. economic growth. Continue Reading
Posted August 23, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
According to Trump, he’s the only thing holding the economy together and should he be removed “everybody would be very poor,” as “you would see numbers that you wouldn’t believe in reverse.” Continue Reading
Posted August 22, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
In view of recent presidential statements, JPMorgan Chase’s chief economist says the possibility the administration will intervene in the currency markets to weaken the greenback can’t be ruled out. Continue Reading
Posted August 17, 2018
A strong U.S. dollar is bad news for economies with large trade deficits, budget problems, or enormous foreign borrowings, warns a veteran investor who says a global slowdown can’t be ruled out. Continue Reading
