Saturday, March 10, 2018

Today's Headlines

Bloomberg:
  • Trump ‘Clarity’ on Tariff Conditions Not What EU Was Looking For. Hours after European Union trade chief Cecilia Malmstrom said she had “no immediate clarity” on whether the bloc will be let off the hook from planned U.S. tariffs, President Donald Trump laid down his conditions and repeated a threat if they’re not met. “The European Union, wonderful countries who treat the U.S. very badly on trade, are complaining about the tariffs on Steel & Aluminum,” he wrote on Twitter. “If they drop their horrific barriers & tariffs on U.S. products going in, we will likewise drop ours. Big Deficit. If not, we Tax Cars etc. FAIR!"
Wall Street Journal:
  • Inside Trump’s Trade War: How Tariff Backers Beat Free Traders. From the administration’s early days, free-trade-advocate Gary Cohn battled tariff proponent Peter Navarro—while the president waited.
Barron's:
  • Had bullish commentary on (CPB), (MO), (SQM), (ALB), (STZ) and (TAP).
Zero Hedge:

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