Trump Attacks Russian Aluminum
Looking at the unfolding trade war between Donald Trump and the world the phrase that should come to mind is “One good turn deserves another.” In the case of the insane sanctions on Oleg Deripaska and Russian Aluminum giant, Rusal, back in April, we finally got some clarity as to how Russia can and will respond to future events. In yesterday’s Treasury International Capital (TIC) report, we saw clearly that Russia activated its nearly half of its $100 billion in U.S. Treasury debt to buy dollars in April. More than $47 billion in U.S. debt was dumped into the market … Continue reading Trump Attacks Russian Aluminum
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