President Trump has threatened a quick termination of NAFTA a countless number of times, with the latest coming just last weekend via twitter:
We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada.Both being very difficult,may have to terminate?
— Donald J. Trump (@realDonaldTrump) August 27, 2017
As part of South Korea’s response to the latest escalations out of its northern neighbor, the country's defense minister on Monday said it was "worth reviewing the redeployment of American tactical nuclear weapons to the Korean Peninsula" to guard against the North, a step that analysts warn would sharply increase the risk of an accidental conflict. On Monday, South Korean Defense Minister Song Young-moo said that he asked his American counterpart, Jim Mattis, during talks at the Pentagon last week that strategic assets such as U.S.
After UN Ambassador Nikki Haley asked the security council to pass the “strongest possible” sanctions against North Korea following the isolated nation’s sixth nuclear test which took place over the weekend, Russia President Vladimir Putin has hinted that Russia may - and most likely will - use its Security Council veto power to stop any further sanctions from being implemented.
Yesterday morning, with the US closed for holiday but with S&P futures trading modestly lower on the latest set of North Korean geopolitical fears, we asked "is this time different", referencing last week's similar setup, when futures gapped lower on Monday after the Kim regime shot a missile over Japan, only to surge into the end of the week.
Against the constant tirade of US politicians calling Putin and his pals "thugs," a Russian official on Monday called the United States’ shuttering of Russian facilities "state hooliganism."
Reuters reports thAT Russian Deputy Foreign Minister Sergei Ryabkov exclaimed,
"I am inclined to call what is happening state hooliganism."