trade - Page 11

Boris Johnson’s Secretary of State for International Trade has confirmed that a British-American trade pact is one of her top Brexit priorities, after U.S. President Donald Trump expressed his desire to move things forward after years of stasis under Theresa May.

U.S. President Donald Trump has revealed that his administration is already working on a trade deal with British prime minister Boris Johnson, which he predicts will boost British-American trade by three, four, perhaps even five times.

“I’ve always like American wine better anyway,” Trump said. “I don’t drink wine but I like the way it looks.”

The IMF now expects world trade will grow 2.5% in 2019, nearly a full percentage point lower than the April forecast.

A report published Friday by the Korea Trade-Investment Promotion Agency (KOTRA), an organization funded by the government of South Korea, showed that North Korea’s trade volume was cut in half during 2018, evidently as a result of sanctions imposed by the United Nations Security Council.

Trump may not have many fans in the c-suites of corporate America but they are certainly helping his administration’s push back against China’s predatory mercantilism. Larry Fink, chairman and CEO of BlackRock, said in an interview Friday that companies are

Britain’s chief trade negotiator has revealed that Britain has had “very little influence” on world trade as an EU member-state, with the bloc subjecting it to a Common Commercial Policy and external tariff regime.

Tariffs have not pushed up consumer prices. The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from

In June, small business owners curbed spending, sales expectations and profits both fell, and plans for hiring declined.

A small rise in the trade deficit in May masks a much larger shift in U.S. trade away from China and toward our allies.

“The super-hawks are now attacking the president for concessions and for reversing himself. This is just fake news,” Pillsbury said.

“We had a very good meeting with President Xi of China. Excellent, I would say excellent,” Trump said Saturday morning.

China wants the U.S. to drop its tariffs even before trade talks begin, a demand so extreme that it could prevent further talks

The export ban could cripple Beijing’s plan to dominate the manufacturing of high-performance supercomputers.

The United States has poured more investment into Africa under President Donald Trump than under any previous administration.

After weeks of speculation about whether President Trump and Xi would meet in Japan, Trump says the meeting will happen.

A pro-Trump political group is eyeing a big investment in 2020 battleground states like North Carolina, Florida, Michigan and Pennsylvania.

May industrial output figures from the Fed show the manufacturing sector is holding up better than expected amid trade war with China.

The idea that tariffs would drive up prices is finally fading from respectability. | %%primary_category%%

The Fed was wrong to assume moving production out of China necessarily imposes deadweight costs or efficiency losses

Prices for imported goods from China fell 0.1 percent and are down 1.4 percent from a year ago. And prices from outside of China also fell.

Democrat presidential hopeful Joe Biden promises his election will cure China’s unfair trade practices by means of his optimism.

The data defy the dire predictions of experts who forecast consumers would foot the bill for tariffs. 

The acting White House chief of staff explained this morning’s price data. Importers pay tariffs but consumer prices aren’t rising.

Claims that the China or metals tariffs are squeezing consumers lack any basis in fact, the most recent inflation data show.

Author and economic analyst Stephen Moore predicted on Breitbart News Saturday radio a massive 2020 re-election victory for President Donald Trump if he makes a trade deal with China.

Iranian President Hassan Rouhani accused the U.S. on Monday night of committing “economic terrorism” against Tehran, calling on Europe to join it in a fight against Washington’s policies in the Middle East.

“When you look at it, the Chamber is probably more for the companies and the people that are members, than they are for our country,” he said.

Writer and economist Stephen Moore said President Donald Trump’s negotiating prowess with Mexico had the potential to aid trade negotiations with China, as Moore joined Breitbart News Saturday with host Matt Boyle.

President Donald Trump declared in all-caps on Twitter Saturday that Mexico will begin purchasing large amounts of U.S. agricultural products.

“There’s been a lot of talks, a lot of progress made,” White House economist Kevin Hasset said on Friday morning.

Brexit Party leader Nigel Farage has said that he plans to send his own trade delegation to the U.S. as he does not believe the British government has done “any serious work” on a post-Brexit bilateral trade deal “at all”.

With just 6 days to go before the border security tarriffs are set to apply, President Trump downplayed the idea they might be avoided.

Canada’s Prime Minister Justin Trudeau lauded the U.S.-Mexico-Canada (USMCA) trade deal as a “win” for each of the three countries as he met with Vice President Mike Pence in Ottawa Thursday.

Prices of durable goods, which are thought to be those most likely to be affected by metals tariffs, are down 1.8 percent.

Advocates of cheap labor for corporations and open borders trade policies may sue to stop Trump’s newest tariffs.