Donald Trump's trade war is forcing US agriculture to let crops rot in the fields instead of being pulled and shipped to China to earn American farmers money... China has stopped importing soybean products from America... They will get the products from somewhere … [Read more...] about Shut out of China food export markets…US farmers let crops rot….
US Economy
Some think the market is in for more of a downturn…
MarketWatch.... Wilson predicts that the S&P 500 may fall to 2,450 or 2,500 in the coming weeks Morgan Stanley Morgan Stanley analyst Michael Wilson is seeing more ugly action There is more pain in the pain trade ahead. That is according to Michael … [Read more...] about Some think the market is in for more of a downturn…
Stock Market gives up almost 600 points to erase the whole years gains….
Why? A whole batch of things coming this way..... As they have all year, companies are reporting mostly good financial results for the third quarter. But this time around, executives have been talking about the challenges they face with rising production and materials … [Read more...] about Stock Market gives up almost 600 points to erase the whole years gains….
U.S. trade gap widens for second straight month…
American goods shipped to other countries have DECLINED.... Americans are INCREASING their buying for foreign made goods.... This the opposite of what Donald Trump is trying to do with his trade wars.... The trade deficit, the difference between goods exported from America … [Read more...] about U.S. trade gap widens for second straight month…
Stock Market sinks on Trump/China trade war fears…
Donald Trump says people and companies will have to suffer...... Market loses cost Trump's friends money... Lets see how this goes.... Stocks fell sharply Thursday after Bloomberg reported the Trump administration could follow through with tariffs on roughly $200 billion … [Read more...] about Stock Market sinks on Trump/China trade war fears…
No changes have occurred to Canada/Mexico NAFTA pact….
The trade pack between the United State, Canada and Mexico is still being discussed while things continue as they have been for 24 years since Bill Clinton signed off on the agreements.... Donald Trump was gonna change things up with the other countries.... He … [Read more...] about No changes have occurred to Canada/Mexico NAFTA pact….
U.S. trade deficit headed for 10-year high after climbing 7% in June…
Donald Trump's trade war isn't helping things... U.S. exports fell 0.6% to $213.8 billion just a month after hitting a record high. The biggest drop was in new cars and trucks. Exports of drugs, jewelry and passenger planes also declined. Soybean exports surged again … [Read more...] about U.S. trade deficit headed for 10-year high after climbing 7% in June…
The US is spending money faster than it can print…..
In the last year and half Trump and the Republicans have enacted a tax cut and a oversized budget.... Trump is starting trade war against Eastern and Western countries.... The Federal Reserve is raising interest rates .... Gas price's seesaw at higher … [Read more...] about The US is spending money faster than it can print…..