IMF Downgrades Global Growth, Blames Trade Tensions
Trade volumes are expected to barely grow at all this year, bringing economic expansion to the lowest level since the financial crisis
Trade volumes are expected to barely grow at all this year, bringing economic expansion to the lowest level since the financial crisis
A confusing morning of mixed signals coming out of China about the trade deal struck with the U.S. last week.
The president spoke about the deal during remarks with reporters in the Oval Office at the White House after a meeting with the Vice Premier of China.
Mexican President Andrés Manuel López Obrador told Speaker Nancy Pelosi (D-CA) on Friday to pass the U.S.-Mexico-Canada Agreement (USMCA), which awaits a vote in the Democrat-controlled House of Representatives.
The major stock indexes surged higher Friday on signs that the U.S. and China may have reached “partial deal” on trade issues. President Donald Trump said that “good things are happening” in the trade negotiations. Treasury Secretary Steven Mnuchin said
“We’re going to meet with them tomorrow here,” Trump said on the White House lawn. “And it’s going very, very well.”
The prices of cars, trucks, computers, phones, televisions, and beer have fallen, disproving the tariff-led inflation hysteria.
Early hopes that China might be ready for a trade deal have faded over the past two weeks, administration officials said.
The firestorm that followed the National Basketball Association’s kowtowing to China reflects the souring of China’s relationship with the U.S. However, it may not fundamentally change the way U.S. businesses respond to pressure from the Chinese regime.
Prices of light trucks, appliances, and computers all fell in September, once again demonstrating the tariffs aren’t taxing consumers.
President Donald Trump praised the protesters in Hong Kong on Monday, urging Chinese Communist Party Chairman Xi Jinping to respond peacefully.
The event is scheduled for 3:30 p.m. EST.
Far from getting closer, the U.S. and China are moving apart in the run-up to high-level trade talks.
A mother in Thomasville, North Carolina, was arrested Wednesday along with two other individuals after she allegedly traded her toddler for their used car.
The credibility of “Project Fear” threats of a “chaotic” no-deal Brexit have taken yet another blow as a top ferry company confirms it is “sufficiently prepared”.
That’s a five-point jump in approval from August, as the president also experienced a twelve-point jump in farmers saying that they “strongly approved” the president.
The new tariffs got the greenlight from the World Trade Organization on Wednesday.
HUNTSVILLE, Alabama – It was a speech that could best be described as “vintage Jeff Sessions.” Six miles and 1,312 days removed from where the former U.S. Senator gave GOP presidential candidate Donald Trump his first major endorsement of the 2016 presidential campaign, Sessions spoke to attendees at the Madison County, AL Republican Party’s Freedom Celebration gala. There he pledged his unwavering support for the current commander-in-chief and the policy positions that got Trump elected.
The Trump administration is considering delisting Chinese companies from American stock exchanges, according to reports from Bloomberg, Reuters, and CNBC. Bloomberg reported that the administraton is also considering a ban on U.S. pensions from investing in Chinese stocks. Unnamed sources
President Trump said globalist politicians “ignored” for years the “abuses” of China’s trade actions that helped gut American manufacturing and have been “proven completely wrong” in regards to free trade between the United States and China.
President Donald Trump emphasized Tuesday the importance of national sovereignty, warning the leaders of the United Nations to reject globalism.
Consumer confidence appears to have been rattled in early September by trade tensions, the Conference Board said.
Sen. Elizabeth Warren (D-MA) is surging in the polls, particularly in the Midwest. But voters continue to be skeptical of her personality, as a new focus group of female swing voters in a Wisconsin small town revealed.
The Port of Dover is “100 per cent ready” for a clean, no-deal Brexit, according to Doug Bannister, the port’s Chief Executive Officer.
“Before they come over and display what their current thinking is, it’s sort of hard to say,” Schwarzman said Thursday.
“The era of economic surrender is over,” Pence said. “We’re going to continue to stand strong.”
Elizabeth Warren embraced the idea that the U.S. should limit access to our markets and defend American interests in trade deals
Democrats attacked President Donald Trump’s trade policies on Thursday night while offering no specific alternatives.
President Donald Trump downplayed rumors of an “interim deal” with China to make progress in the trade negotiations. “There’s no easy or hard,” Trump said. “There’s a deal or there’s not a deal.”
The biggest surprise: prices of materials for consumer goods are falling and business margins are improving.
“Political factors play absolutely no role in our process, and my colleagues and I would not tolerate any attempt to include them,” Powell said.
The last round of face-to-face talks escalated trade tensions between the U.S. and China.
A large Iranian-registered shipping network created solely to transport and obfuscate the sale of Iran oil has been targeted with fresh sanctions by the Trump administration.
“They’re warriors. They also know we have to do this on China, we can’t take this on,” Trump said. “Our farmers will be helped.”
U.S. imports of advanced technology goods from China fell by nearly $20 billion in the first seven months of 2019.
Iran said Wednesday it will honor the 2015 Obama-negotiated JCPOA nuclear agreement if it can sell its oil on the open market or get “$15 billion over four months.”
Chinese imports of U.S. cars rose after retaliatory tariffs were imposed last year, likely because the tariffs served as free ads.
New orders, employment, and production all declined as trade and global economic headwinds produced the worst reading since 2016.
“The reason [Donald Trump] is able to take on China directly now is because our economy is so good based on all of the policies that he has enacted,” said Deputy Press Secretary Hogan Gidley in a Wednesday interview on SiriusXM’s Breitbart News Daily with host Alex Marlow.
A poll surveying a President Trump matchup with the 2020 Democrat presidential candidates shows the president would be defeated by five contenders.