US-MEXICO PACT CHANGES DYNAMICS ON TRADE, POLITICS, OUTLOOK
By Denny Gulino WASHINGTON (MaceNews) – It remains to be seen if the U.S.-Mexico agreement eventually cuts Central American migration to the north back anywhere near to the low numbers the Trump Administration inherited yet the aftershocks are likely to nevertheless be consequential. –President Donald Trump is likely to have gained increased confidence in his […]
TEXT OF US-MEXICO DECLARATION ON MEXICO PACT
WASHINGTON (MaceNews) – The following is the joint Mexico-U.S State Department declaration on the agreement announced late Friday between the United States and Mexico that suspends the threat of the first phase of U.S. tariffs being imposed Monday: The United States and Mexico met this week to address the shared challenges of irregular migration, […]
FED’S POWELL MAKES THE ‘FED PUT’ EXPLICIT RE TRADE TURBULENCE
–‘We Will Act as Appropriate’ to Sustain Expansion By Denny Gulino CHICAGO (MaceNews) – In a major announcement Tuesday, Federal Reserve Chairman Jerome Powell made the “Fed put” explicit, saying, “We will act as appropriate to sustain the expansion” in case of trade negotiation turbulence. He is making the remarks at a Chicago Fed conference […]
HOPING FOR THE BEST WHILE BRACING FOR TRADE CATASTROPHE
–Hours of Suspense Ahead By Denny Gulino WASHINGTON (MaceNews) – Lower level Chinese officials are in Washington Wednesday preparing for Thursday’s arrival of long-time sidekick to Xi Jinping, Vice Premier Liu He – whose job No. 1 has to be to forestall higher and wider U.S. tariffs. Liu, the Harvard graduate who was schoolmate in […]
UK PM MAY VOWS TO ‘SEE BREXIT THROUGH’
By Laurie Laird LONDON (MaceNews) – British Prime Minister Theresa May has pledged to lead the UK out of the European Union, but her forceful claim to the premiership failed to dispel concerns that she could face a leadership challenge over the coming days. Addressing a hastily-called press conference Thursday, May reaffirmed her commitment to “see […]