Latest news with #MattGertken
CNBC
3 days ago
- Business
- CNBC
BCA's Matt Gertken: The key is that Russia has an interest in ceasefire with Ukraine
Matt Gertken, BCA Research chief geopolitical and U.S. strategist, joins CNBC's 'Money Movers' to discuss new reports that the U.S. and Russian are planning a truce deal.
South China Morning Post
6 days ago
- Business
- South China Morning Post
Trump tariff threats loom over China's Russian oil purchases, following his move on India
Even in the face of threats by US President Donald Trump to levy tariffs on countries that import Russian goods, analysts expect that China 'will not stop' buying oil from its northern neighbour, given their mutually beneficial relationship of energy cooperation. Oil from Russia will continue to flow south over the long run because 'China's strategic goals require a stable and secure supply of critical resources such as oil', said Matt Gertken, chief geopolitical strategist at BCA Research in Canada. His comments came with Trump sharpening his threat of sanctions on Russia if it fails to engage in a ceasefire in Ukraine, where Moscow has waged war for the last three and a half years. Previously, both the United States and the European Union announced blanket sanctions on Russia, and they also tried to cut off its lifelines by threatening secondary sanctions on those helping it. 'The US said at the time that it would implement those [tariff] threats by August 7-9 if trade with Russia was not curtailed by then, and affirmed that China would be a target,' Gertken added. 'The US has already taken action on India, so China is next in line.' Russia is China's top source of crude imports, supplying a record high 108.5 million tonnes, or 19.6 per cent of its total imports, last year. Guo Jiakun, spokesman for China's Ministry of Foreign Affairs, said at a press conference last week that 'China will take energy supply measures … based on national interests', while 'tariff wars have no winners'.
South China Morning Post
6 days ago
- Business
- South China Morning Post
‘China is next in line': after India, Trump tariff threats loom over Russian oil purchases
Even in the face of threats by US President Donald Trump to levy tariffs on countries that import Russian goods, analysts expect that China 'will not stop' buying oil from its northern neighbour, given their mutually beneficial relationship of energy cooperation. Advertisement Oil from Russia will continue to flow south over the long run because 'China's strategic goals require a stable and secure supply of critical resources such as oil', said Matt Gertken, chief geopolitical strategist at BCA Research in Canada. His comments came with Trump sharpening his threat of sanctions on Russia if it fails to engage in a ceasefire in Ukraine, where Moscow has waged war for the last three and a half years. Previously, both the United States and the European Union announced blanket sanctions on Russia, and they also tried to cut off its lifelines by threatening secondary sanctions on those helping it. 'The US said at the time that it would implement those [tariff] threats by August 7-9 if trade with Russia was not curtailed by then, and affirmed that China would be a target,' Gertken added. 'The US has already taken action on India, so China is next in line.' Advertisement Russia is China's top source of crude imports, supplying a record high 108.5 million tonnes, or 19.6 per cent of its total imports, last year. Guo Jiakun, spokesman for China's Ministry of Foreign Affairs, said at a press conference last week that 'China will take energy supply measures … based on national interests', while 'tariff wars have no winners'.
ABC News
31-07-2025
- Business
- ABC News
US recession risk at 50 per cent, says geopolitical strategist
Chief geopolitical strategist at BCA Research, Matt Gertken says while there's been a big focus on tariffs, investors should be watching the labour market because rising unemployment is a big risk.
Bloomberg
30-06-2025
- Business
- Bloomberg
Markets Face New Bout of Volatility, Says BCA's Gertken
Global financial markets are facing a new bout of volatility, according to Matt Gertken, Chief Geopolitical and US Politics Strategist at BCA Research. The US President's tariffs are causing concern, he says, and although the shock may not be as bad as April, the economic impact will be felt. He spoke with Dani Burger on Bloomberg Brief. (Source: Bloomberg)
