BUSINESS/CHILE/TRUMP AS PRESIDENT/TRUMP BUSINESS: “A Chilean mining company whose owner has business ties to President Donald Trump’s daughter Ivanka Trump and his son-in-law Jared Kushner was able to clear significant ‘roadblocks’ in the early days of the Trump administration in order to reverse Obama-era restrictions that prevented it from mining near protected land in Minnesota, […]
Category: Business
6/25/2019
BUSINESS/CHILE/ENVIRONMENT/TRUMP AS PRESIDENT/TRUMP BUSINESS: “In the waning months of the Obama administration, a Chilean conglomerate was losing a fight with the United States government over a copper mine that it wanted to build near a pristine wilderness area in Minnesota. The election of President Trump, with his business-friendly bent, turned out to be a game-changer […]
6/18/2019
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “‘ECB officials see Rate Cut as primary tool for any new stimulus’ @business” –Donald Trump, Twitter.com, June 18, 2019 9:09 am […]
6/17/2019
BUSINESS/CHINA/TECHNOLOGY/TRUMP AS PRESIDENT: “Huawei, the embattled Chinese technology giant, is slashing its sales expectations for this year by around $25 billion as the Trump administration’s clampdown on the firm takes a bite out of its business. At an event on Monday [6-17-19] at Huawei’s headquarters in Shenzhen, the company’s chief executive, Ren Zhengfei, said he […]
6/14/2019
BUSINESS/IVANKA/JARED KUSHNER/TRUMP BUSINESS: “In their second year of government service, Ivanka Trump and Jared Kushner reported income from their companies and investments of as much as $135 million, according to their annual financial disclosure reports made public on Friday [6-14-19]. All told, the couple’s real estate holdings and other investments were worth as much as […]
6/13/2019
BUSINESS/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an escalating trade war with China will hurt families, jobs and the U.S. economy. The letter, dated Thursday [6-13-19] and organized by a business coalition called Tariffs Hurt the Heartland, comes […]
6/13/2019
BUSINESS/TARIFFS/TECHNOLOGY/TRUMP AS PRESIDENT: “President Donald Trump told reporters he met with Apple CEO Tim Cook at the White House today, though it was not immediately clear what the pair discussed. Cook’s visit comes as Trump is threatening to impose tariffs on roughly $300 billion worth of goods imported from China, including Apple’s flagship iPhone. The […]
6/12/2019
BUSINESS/ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s disruptive trade policies are the biggest threat to an otherwise healthy U.S. economy, business leaders said Wednesday [6-12-19]. ‘It’s just raising the risk of a bad outcome,’ Jamie Dimon, chairman and CEO of JPMorgan Chase and chairman of the Business Roundtable, told reporters at a briefing to discuss […]
6/7/2019
BUSINESS/CONGRESS/MEXICO/TARIFFS/TRUMP AS PRESIDENT: “U.S. business groups warned President Donald Trump on Friday [6-7-19] that he risks losing his chance of achieving a major trade victory in Congress if he follows through on a plan to impose a 5 percent tariff on all Mexican goods starting Monday [6-10-19]. The U.S. Chamber of Commerce has been vocally […]
5/30/2019
BUSINESS/ECONOMY/TRADE WARS/TRUMP AS PRESIDENT: “Markets sank again Wednesday [5-30-19] partially on fear of political chaos after Robert Mueller’s statement put more pressure on House Democrats to begin impeachment hearings against President Trump but mostly on persistent worries about the impact of Trump’s trade wars on a softening economy. The bond market is once again flashing […]
5/27/2019
BUSINESS/CHINA/TECHNOLOGY/TRUMP AS PRESIDENT: “President Trump has finally succeeded in building his wall: not the one he keeps demanding on the southwestern border, but a far more complex barrier meant to block China’s national telecommunications champion, Huawei, from operating in the United States and starve it of American technology as it builds networks around the globe. […]
5/20/2019
BUSINESS/CANADA/LOBBYING/TRUMP AS PRESIDENT: “Barry Zekelman, a Canadian billionaire whose business is mostly in the United States, is not a guy who likes to lose — or go slow. On days off, he likes to race his Ferrari 488 sports cars. Or he might climb aboard his Gulfstream IV jet to fly to the Bahamas to […]
5/15/2019
BUSINESS/POLLS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Donald Trump has spent most of his adult life cultivating an image as so outrageously successful that his very name was synonymous with luxury — plastered in gold on airplanes, plush hotels, high-roller casinos and finely manicured public and private golf courses. Recent information from Trump’s tax filings paints a different […]
5/11/2019
BUSINESS/CHINA/OHIO/TRUMP AS PRESIDENT: “RT @GOPChairwoman: An Ohio manufacturing CEO explains that cracking down on China has meant stability and predictability for his business.…” –Donald Trump, Twitter.com, May 11, 2019 6:27 pm […]
4/23/2019
BUSINESS/EU/TARIFFS/TRUMP AS PRESIDENT: “‘Harley Davidson has struggled with Tariffs with the EU, currently paying 31%. They’ve had to move production overseas to try and offset some of that Tariff that they’ve been hit with which will rise to 66% in June of 2021.’ @MariaBartiromo So unfair to U.S. We will Reciprocate!” –Donald Trump, Twitter.com, April […]
4/16/2019
BUSINESS/CHINA/TRUMP AS PRESIDENT: “Donald J. Trump has referred to China as ‘our enemy.’ He has called it ‘a major threat.’ ‘Remember,’ he once wrote on Twitter, ‘China is not a friend of the United States!’ Some people in China have their own label for the polarizing American president: savior. At dinner tables, in social media chats […]
3/20/2019
BUSINESS/SOCIAL MEDIA/TRUMP AS PRESIDENT: “Two years ago, some of America’s largest corporations were tearing up their business plans to accommodate President Trump, fearful that he could send their shareholders and customers fleeing with a tweet. Now they have a new strategy: Ignore him. This week, General Motors became the latest recipient of a barrage of […]
3/4/2019
BUSINESS/MEDIA/TRUMP AS PRESIDENT: “…. Amazon, like the Washington Post. It’s hard to remember that not so long ago America had prestige media outlets, but not anymore.’ @TuckerCarlson The Fake News Media is the true Enemy of the People!” –Donald Trump, Twitter.com, March 4, 2019 9:10 pm […]
3/4/2019
BUSINESS/MEDIA/TRUMP AS PRESIDENT: “‘The American Media has changed forever. News organizations that seemed like a big deal are now extinct. Those that remain have now degraded themselves beyond recognition, like the New Yorker – or they’ve been purchased by Jeff Bezos to conduct unregistered lobbying for………” –Donald Trump, Twitter.com, March 4, 2019 9:04 pm […]
2/1/2019
AUTO INDUSTRY/BUSINESS/JOBS/TRUMP AS PRESIDENT: “Layoffs for about 4,000 salaried staff at General Motors are due to start Monday [2-4-19]– a previously announced move that comes just as President Donald Trump prepares to trumpet American manufacturing at next week’s State of the Union address. The layoffs are part of a 15% reduction in white collar jobs […]
2/1/2019
BUSINESS/JOBS/TRUMP AS PRESIDENT: “President Donald Trump on Friday [2-1-19] praised Foxconn’s announcement that it will move forward with a facility in Wisconsin after he spoke to the company’s CEO, although the company did not explicitly say what type of jobs will be at the plant…Louis Woo, special assistant to Foxconn chairman and president Terry Gou, […]
1/16/2019
BUSINESS/TRUMP AS PRESIDENT/TRUMP BUSINESS: “A day after telecom giant T-Mobile announced a $26 billion merger with rival Sprint, nine of T-Mobile’s top executives — including its CEO, John Legere — checked into President Donald Trump’s Washington hotel, according to internal VIP arrivals lists obtained by The Washington Post. The merger between the third and fourth […]
1/15/2019
BUSINESS/CHINA/NATIONAL SECURITY/TRUMP AS PRESIDENT: “The reclusive founder of Huawei has denied allegations that his telecoms company spies for the Chinese government. Ren Zhengfei also praised President Donald Trump as a ‘great president,’ shrugging off allegations by Washington that Huawei is a threat to US national security. Speaking to foreign media for the first time in […]
12/17/2018
BUSINESS/TRUMP AS PRESIDENT: “What’s eating American C.E.O.s? We have some insight, thanks to the Yale C.E.O. Summit with Jeffrey Sonnenfeld last week in New York. The event was strictly off the record, but DealBook has the results of a survey of 134 business leaders who were there: President Trump. Three in four C.E.O.s said they […]
12/12/2018
BUSINESS/ICE/IMMIGRATION/TRUMP AS PRESIDENT: “The Trump administration ramped up arrests at businesses suspected of employing undocumented immigrants in 2018, but data obtained by USA TODAY show that federal agents did so by mostly targeting those working illegally and not their employers. U.S. Immigration and Customs Enforcement was ordered to quadruple worksite enforcement this year, and it […]
11/13/2018
BUSINESS/TRUMP AS PRESIDENT: “’Boom: Record high business optimism, need for employees at 45-year high’ https://t.co/jBFjEwAcfd” –Donald Trump, Twitter.com, November 13, 2018 4:35 pm […]
11/13/2018
BUSINESS/TECHNOLOGY/TRUMP AS PRESIDENT: “Amazon’s move to establish a new headquarters in the Washington area will have one immediate political impact: putting CEO Jeff Bezos more in President Donald Trump’s face than ever. Bezos’ ownership of The Washington Post, which he bought back in 2013, has enraged Trump, sparking Twitter-fueled allegations from the president that Amazon […]
11/12/2018
BUSINESS/ECONOMY/TAXES/TRUMP AS PRESIDENT: “The $1.5 trillion tax overhaul that President Trump signed into law late last year has already given the American economy a jolt, at least temporarily. It has fattened the paychecks of most American workers, padded the profits of large corporations and sped economic growth. Those results weren’t a surprise. Economists across the […]
11/8/2018
BUSINESS/DEMS/TRUMP TAXES: “Beyond trying to get their hands on the Holy Grail of President Donald Trump’s business dealings — his tax returns — House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their claims that he’s using his presidency to enrich himself and […]
10/31/2018
BUSINESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “When it comes to trade, it often seems that India and the United States are playing a perplexing game of multidimensional chess. On Friday [11-2-18], for example, India will decide whether to impose or again delay tariffs on American almonds, apples, walnuts and processed metal products in retaliation for the Trump […]
10/24/2018
BUSINESS/TRUMP AS PRESIDENT: “Harley-Davidson on Tuesday [10-23-18] reported a surprisingly large decline in United States motorcycle sales. The company and its executives spent much time discussing the hit. Curiously, though, there was no mention of President Trump’s attacks on the company and what role they might have played in the poor sales. Harley-Davidson’s situation highlights […]
10/17/2018
BUSINESS/REGULATIONS/TRUMP AS PRESIDENT: “And then there were none. The Trump administration said on Wednesday [10-17-18] that Prudential Financial, the giant insurer, would no longer be subject to stricter federal oversight, bringing to zero the number of financial firms outside the banking system that face such scrutiny. The Financial Stability Oversight Council said it was removing […]
10/16/2018
BUSINESS/ENTITLEMENTS/IMMIGRATION/TRUMP AS PRESIDENT: “A new Trump administration proposal that targets immigrants who receive government benefits could be a major headache for businesses — and many don’t even know it yet. Under the sweeping ‘public charge’ proposed rule, an estimated 518,000 foreigners with temporary visas seeking to extend their stay each year would be required to […]
9/28/2018
BUSINESS/CONGRESS/TRUMP AS PRESIDENT: “Google CEO Sundar Pichai went to Washington Friday [9-28-18] to discuss concerns about the company’s business practices with members of Congress and emerged with an invitation to meet with President Donald Trump during an upcoming roundtable. Larry Kudlow, the head of the National Economic Council, extended the invitation while meeting with Pichai […]
9/28/2018
BUSINESS/TRUMP AS PRESIDENT: “The Latest on Google CEO Sundar Pichai’s trip to Washington to meet with U.S. lawmakers and officials from the Trump administration (all times local): 7 p.m. Google CEO Sundar Pichai has accepted an invitation to meet with President Donald Trump at a White House roundtable about internet issues. The White House asked […]
9/21/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “RT @FoxBusiness: .@POTUS: ‘The stock market is up 55%… Your 401(k)s are up 50, 60, 70% in some cases.’ https://t.co/g38SD65pMW“ -Donald Trump, Twitter.com, September 21, 2018 10:09 pm […]
9/20/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “S&P 500 HITS ALL-TIME HIGH Congratulations USA!” -Donald Trump, Twitter.com, September 20, 2018 8:34 am […]
9/19/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT/UNION: “Thirteen United Steelworkers locals representing about 15,000 workers authorized a strike against Luxembourg-based ArcelorMittal, the USW announced Tuesday [9-18-18]. Members last week authorized a strike against U.S. Steel, arguing that the two companies (which together account for 40 percent of all flat-rolled steel production in the U.S.) weren’t passing through to workers […]
9/18/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “Thirteen United Steelworkers locals representing about 15,000 workers authorized a strike against Luxembourg-based ArcelorMittal, the USW announced Tuesday [9-18-18]. Members last week authorized a strike against U.S. Steel, arguing that the two companies (which together account for 40 percent of all flat-rolled steel production in the U.S.) weren’t passing through to workers […]
9/17/2018
BUSINESS/ECONOMY/TARIFFS/TRUMP AS PRESIDENT: “President Trump is building a wall of tariffs around the domestic economy, attempting to protect American jobs by limiting imports. But a tire factory that opened last year in Richburg, S.C., offers a reminder that globalization is hard to stop. In 2009, American tire makers persuaded the Obama administration to impose tariffs […]
9/17/2018
BUSINESS/LATINOS/TRUMP AS PRESIDENT: “President Donald Trump is recognizing the contributions of Latino entrepreneurs to the United States during a White House event for the Hispanic Heritage Month celebration…abor Secretary Alex Acosta and U.S. Treasurer Jovita Carranza attended with dozens of business, faith, community and local elected leaders gathered at the East Room, who at one […]
9/17/2018
BUSINESS/TRUMP AS PRESIDENT: “Our Steel Industry is the talk of the World. It has been given new life, and is thriving. Billions of Dollars is being spent on new plants all around the country!” -Donald Trump, Twitter.com, September 17, 2018 5:15 am […]
9/14/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “President Donald Trump signed legislation on Thursday [9-13-18] that would reduce tariffs on nearly 1,700 imported products used by U.S. manufacturers — an uncharacteristic move for the leader who has shown an affinity for imposing tariffs on foreign goods. The bill, which House lawmakers passed last week, temporarily reduces or suspends tariffs […]
9/13/2018
BUSINESS/MEDIA/TRUMP AS PRESIDENT: “Amazon CEO and Washington Post owner Jeff Bezos took aim at President Donald Trump over his criticism of journalists Thursday [9-13-18] night, saying his rhetoric calling the media the ‘enemy of the people’ erodes the freedom of the press the nation cherishes…Bezos bought the Post in 2013 with $250 million from his […]
9/13/2018
BUSINESS/EU/SECRET SERVICE/TARIFFS/TRUMP AS PRESIDENT: “The Secret Service plans to buy a new Harley-Davidson motorcycle, despite President Donald Trump’s public feud with the company. Paperwork detailing the Secret Service’s plans to purchase a new Harley-Davidson motorcycle this fall was published to the Federal Business Opportunities website, and was first reported by Roll Call. The synopsis of […]
9/13/2018
BUSINESS/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “They’ve testified, tweeted, written and called with their concerns. Now American businesses, which have so far been unable to stop President Trump from imposing sweeping tariffs, are mounting a last-ditch effort to convince the president that his trade policies are hurting his political base. In a multimillion-dollar campaign that includes television […]
9/12/2018
BUSINESS/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 U.S. industry groups are launching a coalition on Wednesday [9-12-18] to take the fight public. Emergence of the group, Americans for Free Trade, comes after […]
9/11/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “Small Business Optimism Soars to Highest Level Ever | Breitbart https://t.co/T6rFhfPz6n via @BreitbartNews” –Donald Trump, Twitter.com, September 11, 2018 11:48 am […]
9/6/2018
BUSINESS/TRUMP AS PRESIDENT: “Wall Street is learning to live with President Trump’s criticism of prominent companies. Mr. Trump has made a habit of attacking well-known public corporations, including Amazon, Harley-Davidson and Google. In some cases, his supporters have piled on with threats to boycott the companies’ products or services. The stocks of those firms have […]
8/24/2018
BUSINESS/ECONOMY/TRADE DEALS/TRUMP AS PRESIDENT: “Target CEO raves about the Economy. ‘This is the best consumer environment I’ve seen in my career.’ A big statement from a top executive. But virtually everybody is saying this, & when our Trade Deals are made, & cost cutting done, you haven’t seen anything yet! @DRUDGE_REPORT” –Donald Trump, Twitter.com, August […]
8/23/2018
BUSINESS/ECONOMY/IMMIGRATION/TRUMP AS PRESIDENT: “A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth. In the letter signed by 59 CEOs including Tim Cook of Apple Inc (AAPL.O), JPMorgan Chase & Co’s (JPM.N) Jamie Dimon and […]
8/22/2018
BUSINESS/COMMERCE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s aluminum tariffs have rattled global businesses, set off retaliatory levies and started to eat into profits of some major American companies. But they have also provided a lifeline to other United States businesses, like Century Aluminum, the struggling smelter in Kentucky that is at the heart of Mr. Trump’s […]
8/17/2018
BUSINESS/SEC/TRUMP AS PRESIDENT: “In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. ‘Stop quarterly reporting & go to a six month system,’ said one. That would allow greater flexibility & save money. I have asked the SEC to study!” […]
8/16/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “Our Economy is doing better than ever. Money is pouring into our cherished DOLLAR like rarely before, companies earnings are higher than ever, inflation is low & business optimism is higher than it has ever been. For the first time in many decades, we are protecting our workers!” -Donald Trump, Twitter.com, August […]
8/12/2018
BUSINESS/TRUMP AS PRESIDENT: “Many @harleydavidson owners plan to boycott the company if manufacturing moves overseas. Great! Most other companies are coming in our direction, including Harley competitors. A really bad move! U.S. will soon have a level playing field, or better.” -Donald Trump, Twitter.com, August 12, 2018 7:57 am […]
8/12/2018
BUSINESS/TRUMP AS PRESIDENT: “Many @harleydavidson owners plan to boycott the company if manufacturing moves overseas. Great! Most other companies are coming in our direction, including Harley competitors. A really bad move! U.S. will soon have a level playing field, or better.” -Donald Trump, Twitter.com, August 12, 2018 7:57 am […]
8/8/2018
BUSINESS/IMMIGRATION/TRUMP AS PRESIDENT: “American corporate titans used a collegial dinner with President Donald Trump on Tuesday [8-7-18] to press him on to ease immigration restrictions, according to multiple attendees. And at least during the dinner, it seemed like their coaxing had an effect. After several of the CEOs urged Trump to make it easier to […]
8/8/2018
BUSINESS/CHINA/ECONOMY/TARIFFS/TRUMP AS PRESIDENT: “Over a dinner of beef tenderloin and lobster tail at his private golf club in Bedminster, New Jersey, President Donald Trump on Tuesday [8-7-18] night unleashed a rant about China as corporate executives listened on. The president entertained a group of 15 CEOs and senior White House staff at a dinner in […]
8/8/2018
BUSINESS/TAXES/TREASURY/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The U.S. Treasury on Wednesday [8-8-18] proposed tax regulations for a new 20 percent income tax deduction for owners of businesses organized as pass-through entities, including rules to prevent the measure from becoming a tax loophole for wealthy Americans..The regulations are intended to provide everything pass-through owners need to comply with […]
8/8/2018
BUSINESS/CONGRESS/GOP/LEGAL/NEW YORK/TRUMP PEOPLE: “Christopher Collins, a Republican U.S. congressman from New York who was one of President Donald Trump’s earliest supporters, was criminally charged on Wednesday [8-8-18] with taking part in an insider trading scheme involving an Australian biotechnology company on whose board he served. The indictment came as Collins, 68, was seeking a fourth […]
8/6/2018
BUSINESS/LABOR/LEGAL/NEW YORK/TRUMP AS PRESIDENT: “New York on Monday [8-6-18] filed a lawsuit seeking to compel the Trump administration to turn over more information about a pilot program allowing employers to resolve violations of federal overtime and minimum wage laws without penalties. According to the lawsuit, filed against the U.S. Department of Labor by New York […]
8/5/2018
BUSINESS/COMMERCE/TARIFFS/TRUMP AS PRESIDENT: “Two of America’s biggest steel manufacturers — both with deep ties to administration officials — have successfully objected to hundreds of requests by American companies that buy foreign steel to exempt themselves from President Trump’s stiff metal tariffs. They have argued that the imported products are readily available from American steel manufacturers. […]
8/4/2018
BUSINESS/TARIFFS/TREASURY/TRUMP AS PRESIDENT: “….Tariffs have had a tremendous positive impact on our Steel Industry. Plants are opening all over the U.S., Steelworkers are working again, and big dollars are flowing into our Treasury. Other countries use Tariffs against, but when we use them, foolish people scream!” -Donald Trump, Twitter.com, August 4, 2018 2:53 pm […]
8/1/2018
BUSINESS/CALIFORNIA/EPA/TRUMP PEOPLE: “Acting U.S. EPA chief Andrew Wheeler told lawmakers on Wednesday [8-1-18] he would welcome any deal between the auto industry and states like California that might result from a long-awaited Trump administration effort to roll back vehicle emission rules. The Trump administration’s proposal on vehicle fuel efficiency, which would roll back Obama-era standards, […]
7/30/2018
BUSINESS/TRUMP AS PRESIDENT: “RT @GOPChairwoman: ‘David Burritt, U.S. Steel’s president and CEO, said the company was experiencing a ‘renaissance’ and credited @realDona…” -Donald Trump, Twitter.com, July 30,2018 7:06 am […]
7/30/2018
BUSINESS/TAXES/TRUMP AS PRESIDENT: “Some of the biggest winners from President Donald Trump’s new tax law are corporate executives who have reaped gains as their companies buy back a record amount of stock, a practice that rewards shareholders by boosting the value of existing shares. A POLITICO review of data disclosed in Securities and Exchange Commission […]
7/26/2018
AGRICULTURE/BUSINESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump came to a newly revived steel mill here on Thursday to take credit for jobs created by American tariffs against China and other steel exporters. But his triumphal message was muddied by the woes of Midwestern soybean farmers, who have been caught in the crossfire of Mr. Trump’s multifront […]
7/25/2018
BUSINESS/SENATE/TARIFFS/TRUMP AS PRESIDENT: “Two U.S. senators from states where foreign automakers build cars introduced bipartisan legislation on Wednesday [7-25-18] that would bar the Trump administration from imposing up to 25 percent tariffs on imported cars and parts until the International Trade Commission conducted a comprehensive study of auto industry. Senators Doug Jones, an Alabama Democrat, […]
7/23/2018
BUSINESS/COMMERCE/EU/NAFTA/TARIFFS/TRUMP AS PRESIDENT: “President Donald Trump on Monday [7-23-18] threatened Europe’s car exports ahead of European Commission President Jean-Claude Juncker’s visit to Washington later this week, saying the European Union has been ‘very tough’ on the U.S…Trump is weighing a 20 percent tariff on imports of automobiles and auto parts under a law that allows […]
7/20/2018
BUSINESS/CHINA/GOP/SANCTION/TECHNOLOGY/TRUMP AS PRESIDENT: “Republican lawmakers backed away from a plan to reinstate stiff penalties on Chinese telecom firm ZTE, handing a win to President Trump, who had personally intervened to save the Beijing company. Congressional leaders removed a provision, tucked into a military policy bill, that would have stopped the Trump administration from lifting penalties […]
7/20/2018
BUSINESS/EU/TRUMP AS PRESIDENT: “RT @realDonaldTrump: I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great companies, Google. They…” -Donald Trump, Twitter.com, July 20, 2018 9:39 am […]
7/19/2018
BUSINESS/JOBS/TRUMP AS PRESIDENT: “A group of business leaders have committed to train 3.8 million workers with in-demand job skills over the next five years under an executive order on job creation signed by President Donald Trump Thursday [7-19-18]. FedEX, General Motors, Home Depot, IBM, Lockheed Martin, Microsoft, Walmart, and 16 other companies and trade groups […]
7/19/2018
BUSINESS/EU/TRUMP AS PRESIDENT: “I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great companies, Google. They truly have taken advantage of the U.S., but not for long!” -Donald Trump, Twitter.com, July 19, 2018 8:11 am […]
7/19/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT/UNION: “Richard Smallwood describes himself as a ‘pretty far right-wing conservative’ and a longtime supporter of President Trump. But like many in the auto industry, Mr. Smallwood, the president of the tire company Sumitomo Rubber North America, has been puzzled and dismayed by the president’s proposal to slap tariffs on foreign automobiles and […]
7/17/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “Consumers should expect higher prices on imported cars if President Donald Trump’s proposed 25% tariff on foreign-built vehicles shipped into the U.S. is enacted, according to car sellers. Car makers said they plan to pass on the added costs to customers, which dealers and car sellers said could lead to a decline […]
7/5/2018
BUSINESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “With tariffs driving up the price of stainless steel, the precision-part manufacturer Accu-Swiss in Oakdale, Calif., came up with a plan to save money: turn off the lights but keep the machines on…As every business school student learns, developing plans to deal with disruptions — from a hurricane to a rail […]
7/4/2018
BUSINESS/ECONOMY/NAFTA/OIL/TAXES/TRUMP AS PRESIDENT: “’The assault on the American auto industry is over,’ President Trump declared last spring in Detroit, promising auto executives that he would throttle back Obama-era regulations on vehicle pollution. The moment embodied one of Mr. Trump’s main political promises — to promote pro-business policies that unshackle industry and the economy. He has […]
7/3/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “U.S. auto sales have proved resilient so far in 2018, with many of the largest car sellers posting sales increases over the first six months of the year despite predictions that demand would cool. Rising interest rates and more choices of late-model used vehicles were expected to curb new-vehicle sales this year. […]
7/3/2018
BUSINESS/TRUMP AS PRESIDENT: “U.S. retailer Walmart Inc (WMT.N) faced an outcry from supporters of President Donald Trump on Tuesday [7-3-18] for listing for sale on its open marketplace clothing with the slogan ‘Impeach 45,’ an apparent reference to Trump, the country’s 45th president. The hashtag #BoycottWalmart was among the top-trending topics in the United States […]
7/3/2018
BUSINESS/EU/TARIFFS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [7-3-18] continued his criticisms of Harley-Davidson, saying his administration is working with motorcycle companies who want to work in the United States…Harley-Davidson and Trump have been at odds since last week after the company announced it would move some production overseas to avoid tariffs imposed by the […]
7/3/2018
BUSINESS/TRUMP AS PRESIDENT: “Now that Harley-Davidson is moving part of its operation out of the U.S., my Administration is working with other Motor Cycle companies who want to move into the U.S. Harley customers are not happy with their move – sales are down 7% in 2017. The U.S. is where the Action is!” -Donald […]
7/3/2018
BUSINESS/ECONOMY/GOP/TRUMP AS PRESIDENT: “President Donald Trump is now at full-scale war over trade policy with some of the Republican Party’s staunchest allies in big business, including executives at iconic American brands such as General Motors and Harley-Davidson who previously shied away from criticizing an often irascible president. Trump’s approach has created a high-stakes showdown without […]
6/29/2018
BUSINESS/TRUMP AS PRESIDENT: “The new plant being built by Foxconn in Wisconsin is incredible. Congratulations to the people of Wisconsin and to Governor Scott Walker @GovWalker and his talented representatives for having pulled it off. Great job!” -Donald Trump, Twitter.com, June 29, 2018 6:30 pm […]
6/29/2018
BUSINESS/CHINA/COMMERCE/NAFTA/TARIFFS/TRUMP AS PRESIDENT: “General Motors warned Friday [6-29-18] that if President Trump pushed forward with another wave of tariffs, the move could backfire, leading to ‘less investment, fewer jobs and lower wages’ for its employees. The automaker said that tariffs on imports of cars and car parts — on top of an earlier spate of […]
6/28/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “As President Donald Trump took a victory lap at the groundbreaking of Foxconn’s $10 billion southeastern Wisconsin-based plant Thursday [6-28-18], he had a stern message for a neighboring manufacturer…It was a sign of the times in the Trump economy, where the Foxconn investment comes with a price to taxpayers and Harley-Davidson faces […]
6/27/2018
BUSINESS/CHINA/TARIFFS/TECHNOLOGY/TRUMP AS PRESIDENT: “President Donald Trump backed away from plans to create tough new restrictions on Chinese investments in the U.S. and U.S. technology exports to China, defusing one fight with Beijing as American business officials try to head off a looming battle over tariffs. The White House opted for a less confrontational approach with […]
6/27/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “Harley-Davidson should stay 100% in America, with the people that got you your success. I’ve done so much for you, and then this. Other companies are coming back where they belong! We won’t forget, and neither will your customers or your now very HAPPY competitors!” -Donald Trump, Twitter.com, June 27, 2018 10:26 […]
6/26/2018
BUSINESS/EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump lashed out at one of his favorite American manufacturers on Tuesday [6-26-18], criticizing Harley-Davidson over its plans to move some of its motorcycle production abroad and threatening it with steep punitive taxes. In a series of tweets on Tuesday, the president accused the Wisconsin-based company of surrendering in Mr. […]
6/26/2018
BUSINESS/CHINA/TARIFFS/TECHNOLOGY/TRUMP AS PRESIDENT: “President Donald Trump suggested Tuesday [6-26-18] that he will ease off his demands for tough new restrictions on Chinese investment in technology industries and will rely instead on a 1988 law being updated by Congress that authorizes the government to review foreign investments for national security problems. He called a recent article […]
6/26/2018
BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end – they surrendered, they quit! The Aura will be gone and they will be taxed like never before!” -Donald Trump, Twitter.com, […]
6/26/2018
BUSINESS/TARIFFS/TAXES/TRUMP AS PRESIDENT: “….When I had Harley-Davidson officials over to the White House, I chided them about tariffs in other countries, like India, being too high. Companies are now coming back to America. Harley must know that they won’t be able to sell back into U.S. without paying a big tax!” -Donald Trump, Twitter.com, June […]
6/26/2018
BUSINESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, they were just using Tariffs/Trade War as an excuse. Shows how unbalanced & unfair trade is, but we will fix it…..” -Donald Trump, Twitter.com, June […]
6/26/2018
BUSINESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, they were just using Tariffs/Trade War as an excuse. Shows how unbalanced & unfair trade is, but we will fix it…..” -Donald Trump, Twitter.com, June […]
6/25/2018
BUSINESS/EU/TARIFFS/TRUMP AS PRESIDENT: “Harley-Davidson, the American motorcycle manufacturer, said on Monday [6-25-18] that it would shift some production of its iconic bikes overseas to avoid retaliatory tariffs imposed by the European Union in response to President Trump’s trade moves. The decision, announced in a public filing, is the latest and most high-profile example of how […]
6/25/2018
BUSINESS/TAXES/TRUMP AS PRESIDENT: “Surprised that Harley-Davidson, of all companies, would be the first to wave the White Flag. I fought hard for them and ultimately they will not pay tariffs selling into the E.U., which has hurt us badly on trade, down $151 Billion. Taxes just a Harley excuse – be patient! #MAGA” -Donald Trump, […]
6/25/2018
2016 ELECTION/BUSINESS/ROBERT MUELLER/RUSSIA/TRUMP AS PRESIDENT: “A Russian company accused of helping fund a propaganda operation to sway the 2016 presidential election in Donald Trump’s favor asked a federal judge on Monday [6-25-18] to dismiss charges brought by Special Counsel Robert Mueller, saying Mueller was unlawfully appointed and lacks prosecutorial authority. Concord Management and Consulting LLC, […]
6/21/2018
BUSINESS/JARED KUSHNER/TRUMP FAMILY: “The Trumps and the Kushners are parting ways — not the White House power couple Ivanka Trump and Jared Kushner, but their family businesses on hotel collaborations in New Jersey, according to people briefed on the situation. Kushner Companies and the Trump Organization recently dropped plans for the Trumps to manage an […]
6/20/2018
BUSINESS/CHINA/COMMERCE/SENATE/TRUMP AS PRESIDENT: “President Donald Trump said on Wednesday [6-20-18] that he and lawmakers are working on addressing concerns over a deal between Washington and Beijing to save Chinese telecommunications company ZTE Corp. , which had been accused of repeated sanctions violations. Mr. Trump met with nearly two dozen lawmakers at the White House—many of […]
6/14/2018
BUSINESS/CHINA/SUPREME COURT/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. Supreme Court sided with the Trump administration and against China on Thursday [6-14-18] on a disputed aspect of their fraught trade relationship, throwing out a lower court ruling that had allowed two Chinese vitamin C makers to escape $148 million in damages for violating American antitrust law. In […]
6/13/2018
BUSINESS/CHINA/SENATE/TECHNOLOGY/TRUMP AS PRESIDENT: “The White House moved to protect its deal with Beijing to rescue ZTE Corp, taking steps to head off a bipartisan effort to use a must-pass defense bill to reinstate a ban on sales of U.S. components to the Chinese telecommunication company. A senior White House official said Wednesday [6-13-18] that the […]