President Donald Trump emphasized the importance of having support in negotiations – not “little ones sniping at your heels”– explaining that tariffs on countries that already levy tariffs on the U.S. will help the U.S. “make great deals.”
The economy is doing so well that a bit of trade friction would not be bad. If it ever develops into a drag on the economy, it will simply balance out the boom created by the rise in confidence and the fall in taxes.
President Donald Trump issued words of warning for the World Trade Organization on Monday, calling on it to start treating the United States “properly” or the U.S. will take action.
U.S. President Donald Trump spent half an hour on the phone with Mexico’s new President-elect Andres Manuel Lopez Obrador on Monday covering issues from border security to trading through the multi-lateral NAFTA deal or on a bilateral basis.
“Why would we need a fight on Capitol Hill over a new law for powers we already have?” a person who is familiar with the thinking inside the White House said.
Canada retaliated Sunday for U.S. tariffs on steel and aluminum by inaugurating tariffs on $12.6 billion in U.S. goods.
Meet the new boss. Same as the old boss.
“He’s [threatened to withdraw] 100 times. It would totally [screw] us as a country,” a source told Axios.
The administration wants to limit Chinese investment using existing U.S. laws rather than employing executive authorities to erect novel restrictions.
Lots of people around the world say that no one wins in a trade war. But trade wars are like workers’ strikes, according to CNBC’s Rick Santelli. They have costs but they also have winners.
President Donald Trump spotlighted Tuesday the countries that have been brought to the trade negotiating table as a result of new United States tariffs and American industries thriving under those same tariffs.
President Donald Trump challenged Harley-Davidson for announcing plans to move production overseas to escape the tariffs leveled on motorcycles by the European Union.
The market went into a tailspin after Treasury Secretary Steven Mnuchin tweeted about restrictions on foreign investment in U.S. companies. Then Trump trade guru Peter Navarro set things straight.
Mnuchin said the stories were wrong because new U.S. policy is not aimed specifically at China but will apply to all countries found to steal U.S. technology.
Donald Trump issued a challenge to U.S. trading partners over the weekend, calling on them to bring down their own trade barriers or be met with retaliatory U.S. measures.
People were declaring it “game over” for the northern Minnesota region two years ago. Now the mines, factories, and business of the Iron Range are booming again.
Richard Grenell, U.S. ambassador to Germany, is bringing home some good news. Germany automakers are willing to give up the ten percent E.U. tariff on U.S. cars.
U.S.-China trade negotiations have seen “no progress,” major presidential trade advisor Peter Navarro revealed on Tuesday.
Stocks of global companies with extensive China exposure suffered most while smaller, domestically focused stocks actually rose Tuesday.
More than one quarter of stocks traded on the Shanghai exchange fell by 10 percent, the one-day limit for Chinese stocks. The Shanghai Composite Index dived below 3,000.
U.S. Senators from both sides of the aisle voted Monday evening to undo a Trump administration Commerce Department deal with Chinese telecommunications firm ZTE.
The creation of seven “supercharged free ports” in the North of England once Britain leaves the EU and regains power over trade policy could create 150,000 new jobs and add an extra £9 billion to the economy, according to new research.
The Chinese government retaliated against the United States with matching tax penalties to tariffs the United States announced Friday would be levied on Chinese goods.
President Donald Trump announced his decision to level a 25 percent tariff on $50 billion worth of Chinese goods on Friday, citing “unfair” practices from China on intellectual property.
The American economy is accelerating while economies from Europe and Asia slow, casting doubt on claims that recent strength was due to “global” factors or that Trump trade policies would hurt the U.S.
Whereas Netanyahu presented Trump with clearly articulated plans for achieving Trump’s own goals, Trudeau chose to ignore trade, hoping Trump would just go away.
U.S. President Donald J. Trump said the European Union (EU) is “worse than China” in a meeting with French president Emmanuel Macron, a source has claimed.
Donald Trump concluded his trip to the Group of 7 (G7) economics conference in Canada with a combative, unscheduled statement in which he promised that the United States would no longer be the “piggy bank that everyone is robbing.”
Mnuchin’s rise didn’t last long. After the meetings in Washington, Treasury Secretary Steven Mnuchin announced that trade war with China was “on hold” only to have the administration announce a short while later that it was preparing the apply tariffs to $50 billion of Chinese technology imports.
President Donald Trump ridiculed Sen. Jeff Flake for criticizing his trade policies on Thursday.
President Donald Trump told Corker in a heated call Wednesday to stand down on the legislation. Corker says he will push ahead.
South Korea’s Joongang Ilbo, citing “a source familiar” with China-North Korea relations, reported Wednesday that dictator Kim Jong-un requested Chinese economic investment in his country during his most recent summit with counterpart Xi Jinping.
President Donald Trump is serious about conducting separate trade negotiations with Canada and Mexico.
In his first sit-down interview since announcing plans to step down as Starbucks’ executive chairman, Howard Schultz said that he does not understand President Donald Trump’s trade battle with China and that the communist nation’s economic aggression is not a problem.
Adding together those who think the Trump administration’s trade policies will have a positive effect or only a marginally negative effect produces a 58 percent majority of economists.
Ambassador to Germany Richard Grenell has hailed the positive reaction among the business community to sanctions on the Iranian regime while hailing the assistance being offered to small and medium companies to help them pivot away from the Islamic dictatorship and to the free world.
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“All economic and trade outcomes of the talks will not take effect if the US side imposes any trade sanctions including raising tariffs,” a statement from China’s official Xinhua News Agency said.
U.S. President Donald J. Trump’s steel and aluminium tariffs are “illegal”, France and Germany have claimed, as the protectionist European Union (EU) moves to introduce harsh retaliation measures.
U.S. Commerce Secretary Wilbur Ross has warned that the new European Union data law could create a barrier to U.S.-UK trade post-Brexit and may obstruct vital transatlantic data sharing in the fight against terror.
In reaction to the unexpected U.S. announcement that it would move forward with tariffs, China may offer to open its markets up to foreign companies that line up with it against the U.S., the WSJ said, citing Chinese officials.
