Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.
Donald John Trump
Trump says Tariffs on $200 Billion of Chinese Goods will Increase to 25%, Blames Slow Progress in Trade Talks
Gold Silver Reports (GSR) – In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”
Fed Does the Right Thing, Ignores Donald Trump
Gold Silver Reports (GSR) – The Federal Reserve on Wednesday raised its benchmark interest rate a quarter-point but lowered its projections for future hikes.
If Fed’s ‘50 B’s’ Are Wrong Now, Then When Is Right?
In between tweets about Michael Flynn’s court appearance and Twitter making it hard for him to accumulate followers, President Donald Trump on Tuesday made an eye-catching remark about monetary policy: “Stop with the 50 B’s,” he told the Federal Reserve.
Fed is Expected to Raise Interest Rates Wednesday
The Fed is expected to raise interest rates Wednesday by a quarter point, and the pressure is on for Fed Chairman Jerome Powell to sound dovish — but not too dovish. Fed officials are also expected to revisit their fed funds rate forecasts and roll back some of the rate hikes expected in the next several years.