Trump Says He Wouldn't Have Bombed Nuke-Armed Iran

US Treasury Secretary Scott Bessent has said that he isn’t sure how the Iranian delegation attending the UN General Assembly in New York City will get home due to US sanctions targeting Iran’s airlines and threats to sanction countries conducting flights to and from Iran. In an interview with Fox News on Wednesday, Bessent claimed […]

"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability. The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022 ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected). "At first glance, the...

Canada-US Trade War Erupts, Setting New 50% Tariffs On Canadian Goods US-Canada trade negotiations collapsed at the 11th hour, just before the midnight deadline, triggering 50% tariffs on about $20 billion worth of Canadian goods (under a never-before- used Section 338 provision of the Tariff Act of 1930) and prompting globalist-aligned, China-sympathizing Prime Minister Mark Carney to promise an equivalent response. "Tonight, Canada declined to finalize the trade deal under the terms agreed earlier this week," the United States Trade Representative wrote on X early Saturday morning. The USTR continued: Despite the U.S....