THE TICKER Chinese President Xi Jinping is displayed on a big screen as he delivers a speech at the closing session of the annual National People's Congress in March. (AP Photo/Ng Han Guan) The Trump trade mission to Beijing wraps up today without any concrete progress. The Trump administration is asking the Chinese to reduce the trade deficit with the U.S.— which stood at $375 billion last year — by $200 billion by 2020. And they want the Chinese to curb subsidies to key emerging industries, liberalize market access, and equalize their tariffs, among other demands. Beijing calls the requests "unfair." The two sides agreed to keep talking. Xinhua News Agency said in a statement they agreed to set up a "working mechanism" to enable ongoing communications. (The brief comment earlier from Treasury Secretary Steven Mnuchin: "We’re having very good conversations.") So there will be no quick resolution as both of the world’s … [Read more...] about The Finance 202: Beijing trade talks conclude with no progress. Get ready for a long slog.
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SOCIAL media users have branded him the "sexiest leader in the world" and he set hearts racing when topless throwback pictures emerged online. Justin Trudeau, Canada's second youngest Prime Minister when he was elected in 2015, has a rich political pedigree. Here's what you need to know. Who is Justin Trudeau and how old is he? Justin Trudeau, now 46, is the leader of Canada's Liberal Party and the country's 23rd and current Prime Minister. Born in Ottawa on Christmas Day in 1971, he became the second youngest Canadian PM when he took office aged 43 in November 2015. The youngest was Joe Clark, who took office the day before his 40th birthday. Justin's father Pierre Trudeau was Clark's successor as PM and held office between 1968 and 1979 and again from 1980 to 1984 - the third longest serving PM in Canadian history. Justin's mother Margaret Sinclair, an actress, author and former TV talk show hostess, separated from Pierre when Justin was five. He studied for a literature … [Read more...] about How old is Justin Trudeau, who’s his wife and how young was he when he became Canada’s Prime Minister?
Chelsea Clinton recently suggested that run for political office isn’t out of the question. “I don’t have any plans to run for office, but it is something I think about as I hope every young person thinks about it,” Clinton said in an interview with the Journal News. “If you care about what’s happening in the world, you have to care about running for and holding elected office. I hope it’s a question that we ask ourselves.” Clinton has previously commented on the circumstances that may urge her to launch a campaign, notes Time magazine.When speaking at the Edinburgh International Book Festival in August, the former first daughter remarked, “If my city councilor were to retire, if my congresswoman were to retire, my senators, and I thought that I could make a positive impact, then I think I would really have to ask my answer to that question [of whether to run for … [Read more...] about Chelsea Clinton suggests future run for office isn’t out of the question