Silver as an investment

Category Archives: National Trade Council

“Who’s Worth What” – White House Releases Financial Disclosures Of Key Staffers

President Trump night released details of the personal finances of his staffers late on Friday, including his son-in-law Jared Kushner and daughter Ivanka, which once again confirmed that most of the people in his immediate circle are very wealthy. The legally required disclosure documents provided a snapshot of assets and positions held by personnel when […]

Dollar Tumbles On Report Trump Studying Ways To “Penalize Currency Manipulators”

Moments ago, all three main US FX pairs, the yen, euro and yuan snapped higher, following a CNBC report according to which the Trump administration is studying ways to penalize countries whose currencies it believes are undervalued. CNBC cited two unidentified people with direct knowledge of the review who work within the administration. Trump’s econ […]

“Civil War” Breaks Out At White House Over Trade… And Goldman Is Winning

Earlier this week, when we discussed Peter Navarro’s jarring op-ed in the WSJ in which he alleged that the persistent US trade deficit “would put US national security in jeopardy”, we said that “a better question than what is Navarro’s purpose by writing it, is why he is writing it, and does his use of […]

Euro Surges After Trump Trade Advisor Accuses Germany Of Using “Grossly Undervalued” Currency

The Trump administration just fired the first shot in the US-European currency, and thus trade, wars when Trump’s top trade advisor Peter Navarro accused Germany of using a “grossly undervalued” euro to “exploit the US and its EU partners“, the FT reported noting the comments are “likely to trigger alarm in Europe’s largest economy.” News […]

China “Shocked” By Navarro Appointment, As Trump Team Proposes 10% Import Tariff

As the FT first reported yesetrday, in a dramatic development for Sino-US relations, Trump picked Peter Navarro, a Harvard-trained economist and one-time daytrader, to head the National Trade Council, an organization within the White House to oversee industrial policy and promote manufacturing. Navarro, a hardcore China hawk, is the author of books such as “Death […]