Tariffs - Page 8

U.S. President Donald Trump on Tuesday said he and Chinese President Xi Jinping will have a signing ceremony to confirm the first phase of the trade deal agreed to this month.

The phase one trade deal is under fire from economists and politicians opposed to the Trump economic agenda.

“Farmers are going to have to go out and buy much larger tractors, because it means a lot of business,” Trump joked.

Trump says China agreed to “massive” purchases of U.S. products. In a press conference on Friday, China declined to provide details about those purchases.

The holiday season and surging consumer sentiment is not pushing up prices. Prices received by U.S. businesses were unchanged in November, indicating extremely low inflationary pressure in the economy despite very low unemployment, recent tariff hikes, and rising wages, according

“Getting VERY close to a BIG DEAL with China. They want it, and so do we!” Trump tweeted on Thursday morning.

Tariffs weren’t the Grinch who stole Christmas after all. Prices of phones, computers, televisions, and toys are down while wages are up.

American farmers are backing President Trump in the United States’ trade war with China, calling the president’s billions in federal aid to farmers “a godsend.”

“If you see a story breaking in either Bloomberg News or the Wall Street Journal, you really need to heavily discount that,” Navarro said.

President Jair Bolsonaro responded to President Donald Trump imposing tariffs on Brazilian steel and aluminum by stating that the two remain “friends,” but refuting Trump’s claim that Brazil was manipulating its currency at America’s expense, the Argentine outlet Infobae reported on Thursday.

Kushner recently met with Cui Tiankai, the Chinese ambassador to the United States, an anonymous White House official told Reuters.

Wednesday, during an appearance on Hugh Hewitt’s nationally syndicated radio show, Secretary of Agriculture Sonny Perdue addressed the ongoing trade dispute between the United States and China

“I don’t think he likes me too much anymore, but that’s OK,” Trump told reporters in London.

China believed the narrative that Trump needed a trade deal before the 2020 election. Wilbur Ross said that was wrong from the start.

“In some ways, I like the idea of waiting until after the election for the China deal,” Trump told reporters when asked about the trade negotiations.

PARIS (AP) — France is threatening a “strong European riposte” if the Trump administration follows through on a proposal to hit French cheese, Champagne, handbags and other products with tariffs – of up to 100%.

China demands that the U.S. surrender tariffs put in place over the past year as a condition of even a preliminary trade agreement.

Trump said that Argentina and Brazil had devalued their currencies and hurt U.S. farmers. He also called on the Fed to cut rates.

Even without a ‘phase one’ trade deal in place, China’s manufacturing sector is bouncing back and employment has stabilized.

A new look by the New York Fed at tariffs walks back claims that the cost of tariffs are borne by U.S. households.

“The hand of Xi keeps weakening but the mainstream media keeps talking about it getting stronger,” Cramer said.

Approval of Trump’s handling of the economy is up 10 points from the start of his presidency and approval of his trade policies is climbing.

“We shouldn’t have to pay farmers to take the edge off a trade war that should not have started in the first place,” Pete Buttigieg said.

“When you build in the United States, you don’t have to worry about tariffs,” President Trump said. “It sort of helps people make a decision to come in.”

The trade talks have stalled over China’s demands that the U.S. rollback tariffs as part of a preliminary deal.

“If we don’t make a deal with China, I’ll just raise the tariffs even higher,” President Trump said at a cabinet meeting Tuesday.

The two sides had constructive discussions on each other’s core concerns in the “phase one” deal, Xinhua said.

Prices for imported goods plunged by more than expected in October, undercutting critics who claimed tariffs would hurt consumers

Tariffs did not raise prices on consumers. But they did initially pressure profits. The latest price data shows that has eased.

President Trump has said he got a commitment from China to buy $50 billion of farm products. China is balking.

The prices of bicycles, many imported from China, are up. Prices are down for phones, appliances, computers, clothing, and televisions.

The president spoke to the Economic Club of New York on Tuesday afternoon with some of the world’s biggest business leaders.

Conservative radio legend Michael Savage tackles a wide variety of today’s hot button political issues including the House Democrats’ partisan impeachment investigation and the devastating effects of illegal immigration on the United States in an exclusive interview with Breitbart News.

Imports from Taiwan and other Asian nations are jumped higher while the U.S. put pressure on China’s economy

President Donald Trump denied the claims by Chinese officials that the U.S. has agreed to roll back tariffs.

Not everyone in the Trump White House is ready to surrender to China’s demand that the U.S. lift tariffs.