US Tsy’s FX Report Finds No Formal FX Manipulators, Adds to Monitoring List

WASHINGTON (MaceNews) – The U.S. Treasury Department, in its latest evaluation of whether other countries use foreign exchange as a means to boost its competitiveness in trade under criteria set by two different laws, gave China and every other country a pass, but added to its list of countries it closely monitors. The summary of […]

CHINA-US TECH WAR: US GOVT TO BLOCK NEW DOWNLOADS, UPDATES OF TIKTOK, WECHAT

By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – In an escalation of the ongoing China-U.S. tech war, the U.S. Commerce Department Thursday announced restrictions on new downloads and updates of two popular Chinese-owned mobile apps – WeChat and TikTok – citing a need to safeguard the national security of the United States. […]

TEXT: COMMERCE DEPT SETS US BAN OF WECHAT/TIKTOK

WASHINGTON (MaceNews) – The following is the text of the Commerce Department announcement Friday of the bans within the U.S. of the Chinese apps WeChat and TikTok, to some extent, depending on future negotiations: Commerce Department Prohibits WeChat and TikTok Transactions to Protect the National Security of the United States – In response to President Trump’s […]

STATUS CHECK: MORE ROUTINE JOBLESSNESS, POLITICAL SLURS

WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The news of the day was pretty routine. Another former White House insider, Olivia Troye, accused President Trump of being a hypocrite and in turn was described by the White House as just […]

USTR LIGHTHIZER CASTS CHINA RELATIONSHIP IN ROSY HUES

–Doing OK in Adherence to Phase 1 Commitments –China Pullback in Ag Purchases ‘Not True.’ NEW YORK (MaceNews) – President Trump’s top trade negotiator Thursday cast U.S.-China relations, at least in his sphere, in unexpectedly positive terms and called reports of a setback in purchases of U.S. soybeans perhaps the result of “disinformation.” U.S. Trade […]