China’s Record Trade Surplus With U.S. Adds Fuel To Trade War Fire. Trump ups ante on China, threatens duties on nearly all its imports. U.S. officials secretly met with Venezuelan military officers plotting a coup against Maduro. U.S. and China could soon prompt a ‘big slowdown’ in global growth, former bank regulator warns. There’s a risk that the Fed and stock market aren’t in sync, former vice chairman warns. Italy’s economy would struggle with ‘even a minor recession,’ former IMF director says.