Carney: U.S. Consumers Will Not Suffer Even If Trump Raises Tariffs on All Chinese Imports
Prices of toys, sports equipment, computers, phones, and other items that would be hit by tariffs have been falling.
Prices of toys, sports equipment, computers, phones, and other items that would be hit by tariffs have been falling.
Beer, soup, televisions, phones, meats, sports equipment, and school supplies are all cheaper than they were before tariffs.
President Donald Trump defended his decision Friday to raise trade tariffs on China to 25 percent after they walked back a proposed trade deal.
A few hours of talks on Thursday did not forestall the imposition of higher tariffs on goods imported from China.
Trade negotiations are underway at the White House and are expected to last late into the night. Tariffs should rise at midnight.
Neither the tariffs placed on steel and aluminum a year ago nor the more recent ten percent tariff on Chinese goods has pushed prices of goods sold to consumers up.
China wants to blame the tariff hike and escalating trade tensions on Trump, using the Taylor Swift defense: “Look what you made me do.”
Even if businesses somehow passed on all the costs of tariffs on China, there would be no impact on consumers.
President Donald Trump on Wednesday evening mocked former Vice President Joe Biden, saying that foreign leaders presumably want him to win the 2020 presidential election so they can rip America off.
It’s “game on” for tariffs now that the U.S. Trade Rep has formally filed the paperwork that will raise taxes on Chinese goods.
House Speaker Nancy Pelosi, the highest-ranking elected Democrat in American politics at the moment, in an interview with the Washington Post on Wednesday, backed up Republican President Donald Trump’s stance on China.
President Donald Trump accused former Vice President Joe Biden and other Democrats of weakening a potential trade deal with China on Wednesday.
David P. Goldman, Asia Times columnist, told Breitbart News “tariffs aren’t going to be enough to stop the Chinese juggernaut.”
Chinese officials say they are still preparing to send a delegation for further trade talks but vow not to give in to U.S. pressure.
U.S. Trade Rep Robert Lighthizer said that tariffs on Chinese goods would be going up at midnight on Friday.
President Trump accused China of attempting to renegotiate terms of a trade deal with the U.S. and announced a big tariff hike.
An article at Vox.com on Wednesday fretted about the amount of foreign money bubbling through Silicon Valley — particularly from the authoritarian regimes of China and Saudi Arabia — and offered a little backhand praise to the Trump administration for taking the problem seriously.
The two frontrunners for the Democrat 2020 presidential nomination disagree on one major foreign policy matter: Communist China and its trade protocol with the United States.
Asked if he considered himself a free trader, Biden replied, “No, I’m not a free trader. I’m a fair trader.”
“I think Biden would be easier from the standpoint that you would have so much dissension from the party because it will make four years ago look like baby stuff,” Trump said, recalling the 2016 election.
“China is going to eat our lunch? Come on, man,” Joe Biden said during a 2020 campaign rally.
U.S. President Donald Trump could meet with Brexit Party leader Nigel Farage and Tory leadership hopeful Boris Johnson during his state visit to the United Kingdom.
Former Trump 2016 campaign communications adviser Jason Miller spoke to Breitbart News Daily SiriusXM radio listeners over the weekend about 2020 presidential candidate Joe Biden’s weak campaign rollout.
Speaking at a conference in Los Angeles, Treasury Secretary Mnuchin said the trade talks are still making progress.
President Donald Trump revealed at a Saturday night rally in Wisconsin that Japanese Prime Minister Shinzo Abe told him earlier that Japanese auto manufacturers are investing $40 billion in U.S. manufacturing facilities.
President Donald Trump said Chinese President Xi Jinping would be visiting Washington, D.C., “soon” as he spoke to children at the White House.
Arthur Laffer praised Donald Trump’s economic policies while warning of Bernie Sanders’ socialistic prescriptions for centralization.
President Trump’s hand-picked appointees for the Federal Trade Commission (FTC) defied his “Buy American” economic nationalist agenda in a recent case where they voted to protect companies who falsely claimed their Chinese-manufactured products were “Made in America.”
House Minority Leader Kevin McCarthy (R-CA) spent some of the congressional recess in South America, which included visiting the Colombia-Venezuela border, where he expressed support for the Venezuelan people and condemned president Nicolas Maduro as he clings to power and citizens suffer.
Democrat Speaker Nancy Pelosi has said there will be “no chance whatsoever” of a UK-U.S. trade deal after Brexit if Britain leaving the European Union impacts the British-Irish border.
Trump administration officials may no longer insist that China stop subsidizing its “national champions.”
Mnuchin announced that the U.S. and China had agreed on enforcement, the last major hurdle to a trade deal.|
President Donald Trump told reporters from the Oval Office Thursday just before meeting with the Chinese Vice Premier that they will probably know if there will be a trade deal between the two nations within four weeks.
Former Rep. Thaddeus McCotter (R-MI) told Breitbart News that President Donald Trump’s positions on international trade have reshaped the Republican Party’s voter base.
Factory figures for March suggest that the U.S. tariffs on Chinese goods are not as much as a drag as they appeared to be.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin just completed a trip to Beijing.
A new paper finds that China and others hit by U.S. tariffs targeted Trump supporting counties for retaliation.
After a rush of imports in December, the trade deficit fell in January thanks to lower imports from China and cheaper oil.
A former official of China’s central bank said that Robert Lighthizer and other U.S. officials did not show enough respect.
A dark cloud has lifted from over the trade talks between the U.S. and China.