CHINA/STEVE MNUCHIN/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration sent a sudden, harsh message to its Chinese counterparts, saying the U.S. was moving forward with its threat to apply tariffs on Chinese imports and other actions to restrict Beijing from accessing sensitive U.S. technology. Tuesday’s [5-29-18] move surprised many observers after the White House had for days […]
Category: Tariffs
5/28/2018
CANADA/CHINA/MEXICO/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “As President Donald Trump considers new tariffs on imported vehicles and pursues a deal with China to avoid a trade war, economists and business leaders see a pattern emerging in the White House’s efforts to renegotiate many trade relationships: Open aggressively, then settle for incremental concessions. The Trump administration has accused […]
5/28/2018
CHINA/EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The European Union’s top trade official will meet U.S. counterparts in Paris on Wednesday [5-30-18], according to EU officials, in a last-ditch effort to secure waivers from steel and aluminum tariffs and to engage Washington on efforts to tackle China’s market-distorting policies. European Trade Commissioner Cecilia Malmstrom will press U.S. Commerce […]
5/25/2018
GOP/NATIONAL SECURITY/TARIFFS/TRUMP AS PRESIDENT: “Americans could see a 25 percent spike in the price tag on their family cars if President Donald Trump goes through with a threat to slap tariffs on imported automobiles, trucks and parts, sparking a wave of outrage from Trump’s own political allies. Acting on instructions from Trump, Commerce Secretary Wilbur […]
5/24/2018
CANADA/NAFTA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “A move by the United States to explore tariffs on auto imports is based on flimsy logic and is clearly linked to talks to modernize the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Thursday [5-24-18]. Trudeau told Reuters in an interview that although the administration of U.S. President […]
5/24/2018
COMMERCE/NAFTA/NATIONAL SECURITY/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration is casting the widest possible net in considering whether imported autos should be subject to tariffs based on national security grounds, worrying auto exporters from Mexico to Germany and generating complaints from Republican lawmakers. The Commerce Department, which is directing the probe into whether a national security trade […]
5/22/2018
BUSINESS/EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump is weighing measures to cut European Union steel and aluminum exports to the U.S. by about 10%, in a sign the bloc’s concessions to secure tariff exemptions aren’t meeting White House demands, EU officials familiar with the talks said. Washington proposed two options for Brussels: a quota fixed […]
5/22/2018
BUSINESS/CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. and China have agreed on the broad outline of a deal that would save imperiled Chinese telecom giant ZTE Corp., according to people with knowledge of the matter in both countries, as the two sides move closer to resolving their trade dispute. The details are still being hammered out, […]
5/21/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China has called President Trump’s bluff. Chinese negotiators left Washington this weekend with a significant win: a willingness by the Trump administration to hold off for now on imposing tariffs on up to $150 billion in Chinese imports. China gave up little in return, spurning the Trump administration’s nudges for a […]
5/21/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “By the time American negotiators wrapped up high-level talks with a visiting Chinese delegation last week, President Trump’s ambitions for a multibillion-dollar trade agreement had, for the time being, shriveled into a blandly worded communiqué without any dollar figures. It was not clear that the talks set a path to success. […]
5/21/2018
CHINA/STEVE MNUCHIN/TARIFFS/TRUMP AS PRESIDENT: “The U.S. suspended its threat to impose tariffs on $150 billion in Chinese imports to the U.S. while negotiations with China continue, but President Donald Trump could impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said. ‘Both parties have agreed to suspend the […]
5/21/2018
GERMANY/IRAN/NUCLEAR/TARIFFS/TRUMP AS PRESIDENT: “German companies are concerned that U.S. President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany’s DIHK Chambers of Commerce told media. The United States has pulled out of the 2015 Iran nuclear deal and Germany has acknowledged it could be hard […]
5/21/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “On China, Barriers and Tariffs to come down for first time.” -Donald Trump, Twitter.com, May 21, 2018 6:31 am […]
5/20/2018
CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration has suspended its plan to impose sweeping tariffs on China as it presses forward with trade talks, a gesture that will temporarily ease tensions between the two nations but rapidly increase pressure on President Trump to secure the type of tough deal that he has long said […]
5/18/2018
JAPAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “After months of taking hits from the United States over North Korea policy and trade, Japan has decided that it will only be pushed so far, and is threatening to punch back. On Friday [5-18-18], Japan notified the World Trade Organization that it was reserving the right to impose retaliatory tariffs […]
5/17/2018
ENERGY[ALTERNATIVE/EU/GERMANY/RUSSIA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump is pressing Germany to pull the brakes on a major gas deal with Russia as the price for avoiding a trans-Atlantic trade war, according to German, U.S. and European officials. The officials said Mr. Trump told German Chancellor Angela Merkel in April that Germany should drop support for […]
5/14/2018
MEDIA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “When President Trump tunes into ‘Fox & Friends’ on Monday [5-14-18] morning, he may see a familiar face delivering a gentle warning that tariffs are ‘B-A-D economics.’ In a last-ditch attempt to persuade Mr. Trump to back away from his trade approach, the National Retail Federation has enlisted Ben Stein, the […]
5/14/2018
CHINA/SANCTIONS/TARIFFS/TRUMP AS PRESIDENT: “The U.S. and China are closing in on a deal that would give China’s ZTE Corp. a reprieve from potentially crippling U.S. sanctions in exchange for Beijing removing tariffs on billions of dollars of U.S. agricultural products, said people in both countries briefed on the deal. The negotiations would also ease roadblocks […]
5/11/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration’s efforts to block imports are bringing back a long-forgotten headache for manufacturers: the quota. U.S. officials have so far largely relied on tariffs—essentially taxes at the border—in their efforts to reduce imports of steel, aluminum and Chinese goods. But some countries are accepting hard limits, or quotas, on […]
5/4/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The U.S. and China asked one another to make sweeping concessions in trade talks, failing to bridge sharp divisions and raising the chances that each government will slap tariffs on tens of billions of dollars of the other country’s exports before settling the dispute. Top economic officials on both sides […]
4/30/2018
CANADA/EU/MEXICO/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration said on Monday [4-30-18] that it would delay a decision to impose steel and aluminum tariffs on the European Union, Canada and Mexico for another 30 days, giving key allies a reprieve as the White House tries to extract concessions from trading partners who have resisted those demands. The […]
4/26/2018
ANGELA MERKEL/EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “German Chancellor Angela Merkel is traveling to Washington for a high-stakes meeting with President Donald Trump on Friday [4-27-18], in a last-ditch effort to avoid the biggest trade conflict in years between the U.S. and the European Union. European officials expect the White House to make good on its threat […]
4/19/2018
ECONOMY/JAPAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Japanese Prime Minister Shinzo Abe courted the new American president with a golden driver not long after Donald Trump won the White House. He’s met with the billionaire businessman more than any other world leader, and he is Trump’s second-most frequent caller. Yet the ‘bromance’ between Trump and Abe has its […]
4/18/2018
AGRICULTURE/CHINA/ELECTION/TARIFFS/TRUMP AS PRESIDENT: “Here in the largest soybean-producing county in the country, a snowy winter has left North Dakota farmers like Robert Runck with time on their hands before spring planting — time they have spent stewing over how much they stand to lose if President Trump starts a trade war with China…Stern warnings are […]
4/16/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. is examining ways to retaliate against Beijing’s restrictions on U.S. providers of cloud computing and other high-tech services, effectively opening a new front on its trade offensive against China. According to individuals familiar with the administration’s thinking, the U.S. trade representative’s office is putting together a fresh trade complaint, […]
4/13/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “In the Oval Office on Tuesday [4-10-18], as fears of a trade war with China roiled markets and panicked American farmers and lawmakers, Larry Kudlow, President Trump’s new top economic adviser, scored what passes for a major coup in a White House whipsawed by angry presidential tweets. He helped get […]
4/12/2018
ASIA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump, in a sharp reversal, told a gathering of farm-state lawmakers and governors on Thursday [4-12-18] morning that the United States was looking into rejoining a multicountry trade agreement known as the Trans-Pacific Partnership, a deal he pulled out of days after assuming the presidency. Mr. Trump’s reconsideration of an […]
4/12/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “One year after withdrawing the U.S. from the Trans-Pacific Partnership, President Donald Trump has asked his top economic advisers to study the possibility of re-entering the trade pact negotiations. Mr. Trump has deputized Robert Lighthizer, the U.S. trade representative, and Larry Kudlow, the director of the National Economic Council, to study […]
4/11/2018
FEDERAL RESERVE/TARIFFS/TAXES/TRADE DEALS/TRUMP AS PRESIDENT: “Federal Reserve Board policymakers raised concerns at their March meeting about the prospect of the United States heading into a global trade war, zeroing in on potential harm to American farmers such a clash would cause, according to minutes of the meeting released by the Fed on Wednesday [4-11-18]. The […]
4/10/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “Very thankful for President Xi of China’s kind words on tariffs and automobile barriers…also, his enlightenment on intellectual property and technology transfers. We will make great progress together!” -Donald Trump, Twitter.com, April 10, 2018 1:30 pm […]
4/10/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “Very thankful for President Xi of China’s kind words on tarrifs and automobile barriers…also, his enlightenment on intellectual property and technology transfers. We will make great progress together!” -Donald Trump, Twitter.com, April 10, 2018, 12:51 pm […]
4/9/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%. When a car is sent to China from the United States, there is a Tariff to be paid of 25%. Does that sound like free or fair trade. No, it sounds […]
4/8/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “After threatening to slap China with new tariffs, Trump administration officials on Sunday [4-8-18] softened some of the rhetoric, noting that the penalties aren’t imminent and there is ample time to work out a deal and step back from a possible trade war. President Donald Trump on Thursday [4-5-18] signaled an escalation […]
4/7/2018
AGRICULTURE/CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “As President Trump moves to fulfill one of the central promises of his campaign — to get tough on an ascendant China — he faces a potential rebellion from a core constituency: farmers and other agricultural producers who could suffer devastating losses in a trade war. Mr. Trump’s threat to impose […]
4/6/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “President Trump defended his pugnacious approach to trade policy on Friday [4-6-18], just hours after he doubled down on a White House plan to punish China by threatening to levy tariffs on an additional $100 billion in Chinese imports…But the United States has said it will take its complaint about Chinese […]
4/6/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump said Friday [4-6-18] that he’s willing to suffer some short-term losses in the stock market in order to get favorable trade with China, as he escalates his threats to impose tariffs on Chinese goods…The stock market — which has been up and down all week on news of trade […]
4/6/2018
BUSINESS/CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Stocks ended the week the way they began it: tumbling as investors worry that tariffs and harsh words between the U.S. and China will touch off a trade war that derails the global economy. That came with the U.S. considering duties on an additional $100 billion in goods imported from China. […]
4/6/2018
CHINA/ECONOMY/TARIFFS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “National Economic Council Director Larry Kudlow apparently didn’t get much advance notice of President Donald Trump’s threat to impose an additional $100 billion in tariffs on Chinese imports. Asked by reporters Friday [4-6-18] when he first learned of the president’s decision to instruct his top trade official to consider the new […]
4/6/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China vowed strong retaliation if the U.S. imposes newly threatened tariffs on Chinese goods and ruled out engaging in negotiations while Washington is escalating the pressure on Beijing over trade. President Donald Trump’s announcement late Thursday [4-5-18] that he was considering penalties on an additional $100 billion in Chinese goods brought […]
4/6/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “When Liu He, Chinese President Xi Jinping’s top economic adviser, came to Washington in late February, he was expected to make arrangements for restarting trade talks that President Donald Trump had put on ice. But just as Liu arrived, the Trump administration announced global steel and aluminum tariffs aimed at […]
4/6/2018
BUSINESS/ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “It might very well be that Donald Trump tweets himself into a one-term presidency. Following the President’s recent tweets about Amazon and news of a growing trade war with China, stocks slid on Tuesday [4-3-18] and Wednesday [4-4-18] morning. While the stock market rebounded on Wednesday afternoon, more rocky days are […]
4/6/2018
JOBS/TARIFFS/TRUMP AS PRESIDENT: “Despite the Aluminum Tariffs, Aluminum prices are DOWN 4%. People are surprised, I’m not! Lots of money coming into U.S. coffers and Jobs, Jobs, Jobs!” -Donald Trump, Twitter.com, April 6, 2018 6:11 am […]
4/5/2018
CANADA/CHINA/MEXICO/NAFTA/TARIFFS/TRUMP AS PRESIDENT: “After months of fraught negotiations and stalled talks, the Trump administration is aiming to announce a preliminary deal on the North American Free Trade Agreement this month, moving to resolve one trading conflict as a separate clash with China looms. A final agreement is far from guaranteed, but the White House is […]
4/5/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China’s leaders sound supremely confident that they can win a trade war with President Trump. The state news media has depicted him as a reckless bully intent on undermining the global trading system, while presenting the Chinese government as a fair-minded champion of free trade. And China’s leader, Xi Jinping, has […]
4/5/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration’s tit-for-tat with Beijing over potential tariffs has ushered in a high-stakes standoff over the future of trade between the world’s two largest economies. The combatants will now follow a timeline stretching over the next half year, during which the two sides will seek to negotiate a new normal. President […]
4/5/2018
BUSINESS/ECONOMY/TARIFFS/TRUMP AS PRESIDENT: “U.S. aluminum prices are falling despite a tariff aimed at boosting domestic production of the metal. That’s good news for manufacturers of products such as beer cans and car hoods, which are paying 3% less for aluminum than they were before the Trump administration announced the tariff on March 1. These manufacturers […]
4/4/2018
CHINA/GOP/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “U.S. Sen. Roy Blunt, a Missouri Republican, is critical of the Trump administration’s tariffs… He says the tariffs could affect Missouri’s ability to export food abroad, and the U.S. should instead focus on pursuing trade cases it already has against China with the World Trade Organization. The American Soybean Association, a […]
4/4/2018
CHINA/STEVE BANNON/TARIFFS/TRADE DEALS/TRUMP PEOPLE: “Steve Bannon, President Donald Trump’s former chief strategist and 2016 campaign CEO, had a fiery response on Wednesday [4-4-18] to Wall Street’s dim view of Trump’s trade actions against China…Bannon, who maintains ties to the White House, said Trump’s recent moves to impose tariffs are a signal to the Chinese that […]
4/4/2018
CHINA/ECONOMY/TARIFFS/TRUMP AS PRESIDENT: “President Donald Trump on Wednesday [4-4-18] tried to tamp down economic anxieties over tariffs recently announced by China and the United States…On Tuesday [4-3-18], the Trump administration published a list of about 1,300 Chinese exports — worth about $50 billion annually — that it intends to target with 25% tariffs. China responded […]
4/4/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China stepped up its trade fight with the U.S., retaliating against proposed tariffs on Chinese goods by targeting high-value American exports, from airplanes to soybeans, in a tactic Beijing officials say is meant to secure a truce. Hours after the Trump administration unveiled plans to impose tariffs of 25% on Chinese […]
4/4/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TWITTER: “U.S. President Donald Trump denied on Wednesday [4-4-18] that the United States was in a trade war with China, hours after Beijing slapped tariffs on a list of U.S. imports in retaliation for similar duties levied by the White House one day earlier. ‘We are not in a trade war with […]
4/4/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Wednesday [4-4-18] insisted the United States is ‘not in a trade war with China,’ even as the Chinese government moved to impose new tariffs on imports of U.S. soybeans, cars, aircraft and chemicals in retaliation for tariffs Trump slapped on China in late March. As worries grew […]
4/3/2018
CHINA/DRUGS/FDA/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration’s proposed tariffs on thousands of Chinese-manufactured products would target dozens of key products used by drugmakers, as well as medical devices including pacemakers and artificial joints. The 25 percent tariff would be placed on raw ingredients for drugs such as insulin used by diabetics, the anti-allergic-reaction drug epinephrine, as […]
4/3/2018
BUSINESS/CHINA/TARIFFS/TRUMP AS PRESIDENT: “The so-called ‘Trump rally’ has morphed into a presidential plunge. The total paper gain of U.S. stocks since Election Day has been sliced from $8.7 trillion at the market’s Jan. 26 all-time high to $5.7 trillion after Tuesday’s rebound on Wall Street, according to Wilshire Associates. In a span of nine weeks, […]
4/3/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The warning from China’s ambassador to the United States, Cui Tiankai, came after Beijing slapped tariffs on $3 billion worth of US exports including fruit, pork and steel pipes. Those measures were in response to President Donald Trump’s tariffs on steel and aluminum from China and other countries. But Trump has […]
4/2/2018
ECONOMY/MANUFACTURING/TARIFFS/TRUMP AS PRESIDENT: “Manufacturing activity fell slightly in March, the Institute for Supply Management said Monday [4-2-18]. New orders and production dropped a notch, but the industry still grew for the 19th straight month. Comments published along with the ISM report show that factory owners are concerned about the tariffs, which took effect March 23. […]
4/1/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration this week will unveil a list of advanced technology Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economies. U.S. tariffs on $50 billion to $60 billion worth of annual imports is expected […]
4/1/2018
CHINA/TARIFFS/TRUMP AS PRESIDENT: “The Chinese government hit back Monday [4-2-18] at President Trump’s tariffs on steel and aluminum by acting on a threat to put tariffs as high as 25 percent on imports of 128 American-made products, including pork and seamless steel pipes. The Chinese Ministry of Commerce indicated that the tariffs, which it first […]
3/26/2018
“SOUTH KOREA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. granted South Korea a permanent exemption to new steel tariffs in return for trade concessions, giving the Trump administration a limited victory and putting the spotlight on what the U.S. got in the bargain. The U.S. and South Korea agreed to amend a 2012 trade pact in response […]
3/26/2018
CHINA/STEVE MNUCHIN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “China and the U.S. have quietly started negotiating to improve U.S. access to Chinese markets, after a week filled with harsh words from both sides over Washington’s threat to use tariffs to address trade imbalances, people with knowledge of the matter said. The talks, which cover wide areas including financial […]
3/23/2018
CHINA/ECONOMY/TARIFFS/TRUMP AS PRESIDENT/WTO: “Wall Street stocks were lower on Friday, after market fell in Europe and Asia, as investors weighed a brewing trade war between China and the United States that could hobble an otherwise healthy global economy. Markets in New York began the day higher, but began slipping through the morning. By midday all three […]
3/23/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “In a tit-for-tat trade battle with the United States, China’s response has so far been restrained. But that is with good reason: As it waits to see how far President Trump plans to go in imposing sweeping tariffs on China, Beijing knows that it has more effective weapons in its arsenal. […]
3/23/2018
CHINA/ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Stocks around the world plunged Friday [3-23-18] as investors feared that a trade conflict between the U.S. and China, the biggest economies in the world, would escalate. A second day of big losses pushed U.S. stocks to their worst week in two years. As of Friday afternoon, China’s only response to […]
3/22/2018
FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The United States trade representative, Robert Lighthizer, said on Thursday [3-22-18] that several American allies would initially be exempt from the steel and aluminum tariffs that are to take effect shortly. Speaking at a meeting of the Senate Finance Committee, Mr. Lighthizer said that the European Union, along with Argentina, […]
3/22/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump said the U.S. is planning to levy tariffs on about $60 billion of imports from China, as well as impose restrictions on technology transfers and acquisitions by Beijing to pressure China to curtail what the U.S. considers unfair trading and investment practices… Mr. Trump made the announcement Thursday […]
3/21/2018
CHINA/GOP/NAFTA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s ‘America First’ trade policies took a bashing Wednesday [3-21-18] from free-trade House Republicans, angry and fearful about the prospect of global retaliation and how the policies are playing back home. From the uncertainty caused by NAFTA renegotiations, to his imposition of tariffs on steel and aluminum, to his […]
3/21/2018
FOREIGN POLICY/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration said it is in close talks with several allies and trading partners on exempting them from U.S. tariffs on steel and aluminum, adding that some countries will face little threat of paying the duties while the negotiations are under way. U.S. trade representative Robert Lighthizer, in the Trump […]
3/21/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration is looking at tariffs and investment restrictions as a way to pressure China to strengthen protection of American intellectual property, U.S. Trade Representative Robert Lighthizer told House lawmakers worried about a brewing trade war. A decision on penalties will come in “the very near future,” Mr. Lighthizer said […]
3/21/2018
CHINA/CONGRESS/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s steel and aluminum tariffs, along with his actions to crack down on China’s trade practices, are further scrambling traditional alliances in Congress, drawing praise from some leading Democrats but worrying many Republicans who are pressuring the president and his trade team to minimize the impact of the actions…During […]
3/20/2018
ECONOMY/STEVE MNUCHIN/TARIFFS/TREASURY/TRUMP AS PRESIDENT: “President Trump’s plan to hit countries around the world with stiff tariffs on imports of steel and aluminum has dominated a gathering of world economic leaders amid fears that the United States is on the cusp of starting an international trade war. On Monday [3-19-20], Steven Mnuchin, the United States Treasury […]
3/16/2018
TARIFFS/TRADE DEALS/TRUMP PEOPLE: “When Peter Navarro needed financing for a documentary film on the dangers to the U.S. of China’s trade policy, he sought out Nucor Corp. , an American steel company. Nucor made payments to fund the film through a San Diego nonprofit then led by a friend of Mr. Navarro. The arrangement was […]
3/16/2018
CHINA/EDUCATION/IMMIGRATION/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration’s proposed crackdown on China’s trade practices could hit one sector where the U.S. runs a big trade surplus: higher education. The White House is considering limiting visas to Chinese students as part of a broad package of measures targeting Beijing, which the U.S. accuses of violating intellectual-property laws […]
3/15/2018
ECONOMY/FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Economists estimate President Donald Trump’s steel and aluminum tariffs will reduce U.S. employment only modestly, but increasingly worry that foreign-trade disputes could escalate and damage the U.S. economy. Forecasters surveyed in recent days by The Wall Street Journal continue to expect solid economic growth this year, but see rising odds […]
3/15/2018
FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump isn’t a drinker. But when the Irish prime minister comes to visit Thursday [3-15-18], Mr. Trump may be asked to consider how whiskey might get caught up in a complicated tit-for-tat that could be triggered by the aluminum and steel tariffs the U.S. announced last week. Taoiseach […]
3/15/2018
CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration is putting together a package of anti-China measures, including tariffs on at least an annual $30 billion of Chinese imports, to pressure Beijing to end requirements that U.S. companies transfer technology to Chinese firms. According to a White House official and people briefed on administration deliberations, the measures […]
3/14/2018
FAA/TARIFFS/TAXES/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump will visit a Boeing plant in St. Louis on Wednesday [3-14-18] to celebrate the tax cut his party handed to American companies. But lurking in the background is a clash over trade — one in which Boeing is the most vulnerable target. The tariffs on steel and aluminum that […]
3/14/2018
ECONOMY/TARIFFS/TRUMP PEOPLE: “President Donald Trump will name Larry Kudlow, the conservative media analyst who served as his informal economic adviser during the 2016 campaign, as the next head of the White House National Economic Council, two sources familiar with the decision tell CNN. Trump offered Kudlow the job Tuesday [3-13-18] night over the phone and […]
3/13/2018
GOP/POLITICAL FIGURES/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Senate Majority Leader Mitch McConnell all but ruled out advancing legislation to undo President Donald Trump’s steel and aluminum tariffs, saying that such an action would be unlikely to succeed… The stance taken by Mr. McConnell, who has expressed opposition to the tariffs, effectively puts an end to questions about […]
3/12/2018
COMMERCE/EU/TARIFFS/TRADE DEALS: “Secretary of Commerce Wilbur Ross will be speaking with representatives of the European Union about eliminating the large Tariffs and Barriers they use against the U.S.A. Not fair to our farmers and manufacturers.” -Donald Trump, Twitter.com, Mar. 12, 2018 07:20am […]
3/10/2018
EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The European Union, wonderful countries who treat the U.S. very badly on trade, are complaining about the tariffs on Steel & Aluminum. If they drop their horrific barriers & tariffs on U.S. products going in, we will likewise drop ours. Big Deficit. If not, we Tax Cars etc. FAIR!” – Donald […]
3/10/2018
DRUGS/MEDIA/TARIFFS/TRUMP AS PRESIDENT/TRUMP FAMILY/MELANIA: “President Donald Trump attacked his critics, promoted his steel and aluminum tariffs and tossed out an idea to have drug dealers face the death penalty, addressing a raucous rally on Saturday for a Republican congressional candidate in a tight race. … Continuing his battle against the mainstream news media, Trump insulted […]
3/9/2018
COMMERCE/TARIFFS/TRADE DEALS/TRUMP PEOPLE/WILBUR ROSS: “Commerce Secretary Wilbur Ross says tariffs will be good for the American steel industry—just as they were for Mr. Ross himself during his business career. Profiting from such protectionist measures was a trademark of some of the biggest deals in Mr. Ross’s rise as an investor specializing in reviving and flipping […]
3/9/2018
AUSTRALIA/CHINA/JAPAN/SOUTH KOREA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “From Japan and South Korea to Australia and Europe, officials lined up on Friday [3-9-18] to seek exemptions from President Donald Trump’s tariffs on U.S. steel and aluminum imports, while Chinese producers called on Beijing to retaliate in kind. … South Korea, the third largest steel exporter to the United […]
3/8/2018
FOREIGN POLICY/TARIFFS/TPP/TRADE DEALS/TRUMP AS PRESIDENT: “A trade pact originally conceived by the United States to counter China’s growing economic might in Asia now has a new target: President Trump’s embrace of protectionism. A group of 11 nations — including major United States allies like Japan, Canada and Australia — is set to sign a broad […]
3/8/2018
AUSTRALIA/CANADA/FOREIGN POLICY/MEXICO/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE/GARY D. COHN: “President Trump defied opposition from his own party and protests from overseas on Thursday [3-8-18] as he signed an order imposing stiff and sweeping new tariffs on imported steel and aluminum. But he sought to soften the impact on America’s closest allies with a more flexible plan […]
3/8/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: ” ‘Presidential Proclamation on Adjusting Imports of Aluminum into the United States’ Proclamation: https://t.co/aCaMtOUAl0 Remarks: https://t.co/nypErcqFSU https://t.co/rcrkpvChkz” -Donald Trump, Twitter.com, Mar. 8, 2018 05:17pm […]
3/8/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: ” ‘Presidential Proclamation on Adjusting Imports of Steel into the United States’ Proclamation: https://t.co/hxduwSoElz Remarks: https://t.co/nypErcqFSU https://t.co/q92FDYZeUl” -Donald Trump, Twitter.com, Mar. 8, 2018 05:16pm […]
3/8/2018
POLITICAL FIGURES/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Arizona Republican Sen. Jeff Flake has threatened to introduce legislation to nullify the President’s tariffs if they are anything like what Donald Trump is predicting. ‘I’m going to — as soon as it comes out if it is anything approximating what he’s talked about — introduce legislation to nullify it. […]
3/8/2018
FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Thursday [3-8-18] signed proclamations imposing steep tariffs on steel and aluminum but granting the administration flexibility on the levels and the ability to spare critical U.S. allies… But both Mr. Trump and a senior administration official, speaking Thursday morning ahead of the 3:30 p.m. announcement, indicated […]
3/8/2018
CANADA/FOREIGN POLICY/MEXICO/NAFTA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Thursday [3-8-18] said he would maintain flexibility to adjust proposed metals tariffs on a country-by-country basis, hours before he is expected to meet with metal industry executives and workers to discuss the new trade actions… The president said tariffs might not be necessary on Canada and […]
3/8/2018
CHINA/FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump tweeted Wednesday [3-7-18] that Washington had asked Beijing for a $1 billion reduction—less than 0.3% of the countries’ annual trade gap or around one day’s worth of the trade imbalance. His tweet was off by $99 billion. … It is unclear how feasible the deficit-reduction goal is […]
3/8/2018
FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s planned tariffs on steel and aluminum threaten a world-trading regime already battered by mounting protectionism and its struggle to tame China’s state-driven capitalism. Mr. Trump is expected to sign a proclamation this week outlining his plan to impose the tariffs, which have angered close U.S. allies. European […]
3/8/2018
TARIFFS/TRADE DEALS: “Looking forward to 3:30 P.M. meeting today at the White House. We have to protect & build our Steel and Aluminum Industries while at the same time showing great flexibility and cooperation toward those that are real friends and treat us fairly on both trade and the military.” -Donald Trump, Twitter.com, Mar. 8, […]
3/8/2018
DOW/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The three major U.S. stock indexes closed higher on Thursday [3-8-2018] after President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had the market on edge for a week.” – Reuters staff, “Wall Street gains on Trump’s softened tariff stance,” Reuters, Mar. 8, 2018 […]
3/7/2018
EU/FOREIGN POLICY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “European Union officials unveiled an array of tariffs on Wednesday [3-7-18] that they would place on American-made goods if the United States followed through on President Trump’s plan to impose penalties on imported steel and aluminum, raising the specter of a trade war. The announcement in Brussels was the latest […]
3/7/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump is expected to sign a proclamation Thursday [3-8-18] afternoon outlining his plan to impose new tariffs on steel and aluminum, according to a White House official familiar with the planning, delivering on a signature campaign promise despite the concerns of many trading partners and lawmakers. White House press […]
3/7/2018
NAFTA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump has remained open-minded as he determines final details of his promised tariffs on steel and aluminum, a top administration official said on Wednesday [3-7-18]. The White House said an announcement is still on track for this week… Despite fears from US allies and Washington Republicans that the measure […]
3/7/2018
STEVE MNUCHIN/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “Treasury Secretary Steven Mnuchin said the White House will move forward with steel and aluminum tariffs despite strong pushback from congressional Republicans and business groups, one day after President Donald Trump’s top economic adviser resigned following the surprise policy decision… Mr. Mnuchin said it was possible the White House would […]
3/6/2018
NAFTA/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump’s steel and aluminum tariffs may not apply to Canada and Mexico as the U.S. negotiates deals with those countries, Treasury Secretary Steven Mnuchin said Tuesday [3-6-18]. Testifying at a House Appropriations subcommittee hearing, Mnuchin faced increasing opposition from fellow Republicans to the president’s tariff proposals announced last week… […]
3/6/2018
PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “House Speaker Paul Ryan stepped back Tuesday [3-6-18] from calls for President Donald Trump to drop aluminum and steel tariffs, instead urging the White House to take a more tailored approach focusing on countries that abuse the trading system. The president’s announcement last week that he planned to impose global […]