Stocks Hit Record Highs Following Trade Deal with Mexico
Shares of traditional U.S. automakers were some of the best performers of the day. General Motors was up 4.8 percent. Ford rose 3.2 percent. Goodyear Tire & Rubber rose 3.27 percent.
Shares of traditional U.S. automakers were some of the best performers of the day. General Motors was up 4.8 percent. Ford rose 3.2 percent. Goodyear Tire & Rubber rose 3.27 percent.
On Monday’s broadcast of CNN’s “Wolf,” Senator Patrick Leahy (D-VT) declared a new North American trade deal will not be able to pass the Senate unless Canada is part of the deal and criticized the exclusion of Canada from the
During the announcement of a trade deal with Mexico, President Trump stated that trade negotiations with Canada will short “shortly.” He also stated that Canada’s tariffs on dairy products aren’t acceptable and that the easiest move would be to put
President Donald Trump announced a new bilateral trade deal with Mexico on Monday morning from the Oval Office alongside U.S. and Mexican officials.
President Donald Trump will make an announcement from the Oval Office at 11 a.m. on the heels of news that the U.S. and Mexico have reached a preliminary bilateral deal on NAFTA.
A formal announcement is expected later Monday.
The end of August is the “drop-dead date” for a trade deal with Mexico, according to Trump administration officials.
Chinese trade officials concluded their visit to Washington, DC, meeting with U.S. counterparts with whom they discussed structural issues in the U.S. section 301 report and attempts to achieve general goals in the trade relationship.
The Fed minutes reveal that officials are talking about trade a lot more but not seeing much evidence of negative effects yet.
The China doves got turned to ashes and dust when earlier trade talks hit a dead end, according to an administration official.
The road map would lead to meetings between President Donald Trump and Chinese leader Xi Jinping at multilateral summits in November, according to the Wall Street Journal.
White House economic adviser Larry Kudlow told President Donald Trump and Cabinet members in a White House meeting on Thursday that China’s most recent economic numbers show a southward turn.
This month’s meeting would be the first between senior U.S. and Chinese officials since June 3.
The foreign secretary today told the European Union (EU) leaders they would be making “a very, very big mistake” allowing Britain to leave the bloc without a trade deal, but said the UK could “thrive” with such an outcome. Jeremy
From George Washington to Thomas Jefferson to Andrew Jackson to Calvin Coolidge, America’s greatest leaders backed tariffs.
Republican primary candidate Kevin Nicholson, who is seeking to be elected as the U.S. senator from Wisconsin against incumbent Sen. Tammy Baldwin (D-WI), praised President Donald Trump’s trade negotiations during a Monday Breitbart News Tonight interview with Breitbart News Senior Editors-at-Large Rebecca Mansour and Joel Pollak.
Retail sales, industrial production, and fixed investment all came in lower than expected, while unemployment rose.
A new study by economists for the New York Fed appears not to understand the basics of the Trump administration’s tariffs.
Kevin Hassett raises the idea of throwing China out of the World Trade Organization.
China thought that its authoritarian government and command economy made it stronger than the politically divided, market economy of the U.S. Now it’s not so sure.
Jobless claims unexpectedly fell last week and price data suggests inflation is still muted.
How ironic it is that Donald Trump, who already won a higher proportion of the African-American and Hispanic votes in 2016 than Milquetoast Mitt did four years previously, is now poised to be the first Republican in living memory to fulfill the dreams of Karl Rove and expand the Republican base in those demographics.
“Mr. President now is the time to play tough on trade. Hold the line,” a group of CEOs reportedly told Donald Trump Tuesday night.
Still no signs that China will choose reform instead of retaliation in response to U.S. economic pressure.
“Some of you probably love them and a couple of you probably don’t because you’re on the wrong side of the border,” Trump said. “But if you’re from this country, you’re loving what’s happening.”
The United States is moving ahead with 25 percent tariffs on $16 billion in Chinese imports to go into effect on August 23.
Theresa May’s government is throwing away leverage in the Brexit talks by handing big money deals to European Union (EU) firms, a prominent business adviser has said.
“Economy has never been better, jobs at best point in history,” President Trump wrote. “Fixing our terrible Trade Deals is a priority-and going very well.”
Trade exports have defied expectations by hitting a record high of £616 billion as the international trade secretary Liam Fox works on securing post-Brexit free trade agreements with some of the world’s largest economies.
President Donald Trump argued on Saturday evening in Ohio that the country’s booming economy presents the nation with the perfect opportunity to straighten out its atrocious trade deals that Trump said were the worst ever made by any nation.
“China is by far the most important overseas market for the US-based Apple, leaving it exposed if Chinese people make it a target of anger and nationalist sentiment,” the state-owned newspaper says.
“If money leaves China, and the currency could be a leading indicator, they’re going to be in a heap of trouble,” Larry Kudlow said.
White House Press Secretary Sarah Sanders responded to news of China’s retaliatory tariffs, urging the country to instead address its unfair trading practices.
Seventy-one percent of business owners support additional tariffs on imports from China. Even tariffs on Canada win majority support.
“China is fully prepared and will have to retaliate to defend the nation’s dignity and the interests of the people,” China’s Ministry of Commerce said in a statement on Thursday.
Talks with China have stalled after retaliation. Maybe pushing the tariffs even higher will bring China back to the table.
And tariffs will barely be felt by the American economy.
President Donald Trump dismissed the billionaire Koch brothers as “globalist” and a “total joke” on Tuesday. “The globalist Koch Brothers, who have become a total joke in real Republican circles, are against Strong Borders and Powerful Trade,” Trump wrote on Twitter.
The scary price tag of $39 billion is not really so scary when put in context of the federal budget, the booming economy, and our history of bailouts.
Billionaire investor Peter Thiel compared Silicon Valley’s one-party culture to “North Korea” in a speech to the Turning Point USA conference in Washington, DC, a gathering of conservative high school students.