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 […]
Category: Trade Deals
4/13/2018
ASIA/TRADE DEALS/TRUMP AS PRESIDENT: “As trade tensions with China escalate, President Trump has found new appeal in a regional trade pact he once called a ‘rape of our country.’ The pact’s members — including some of America’s most stalwart allies — might not make it so easy to come back. Officials in Japan, Australia and […]
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
ASIA/CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump directed two of his top aides to study the possibility of re-engaging in negotiations over the Trans-Pacific Partnership, Sen. Ben Sasse (R-Neb.) said in an interview Thursday [4-12-18]. The move would be a huge policy swing for Trump, a free-trade skeptic who walked away from the massive trade […]
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 […]
4/11/2018
AGRICULTURE/CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration is seeking to blunt domestic opposition to its trade policies with a relief package for farmers affected by the U.S. trade spat with China, say officials involved in the discussions. The aid package, which could climb into the billions of dollars, is still being developed. Agriculture and congressional […]
4/9/2018
CHINA/EU/TRADE DEALS/TRUMP AS PRESIDENT: “One is a good customer, a military ally and an old friend, although lately its behavior has been erratic. The other is also a good customer, and despite a few spats and some lingering mistrust, it’s getting to be a more lucrative and dependable business partner all the time. Which side […]
4/9/2018
AGRICULTURE/CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Monday [4-9-18] promised relief to U.S. farmers caught up in his administration’s burgeoning trade dispute with China…China last week said it would levy penalties on U.S. soybeans, sorghum and other agricultural products, hours after the Trump administration unveiled plans to impose tariffs of 25% on Chinese products […]
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/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/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Donald Trump’s tough policy on China trade took shape in a White House meeting last August—and at the center was an often-overlooked man. Decades of quiet negotiations had gotten nowhere, U.S. Trade Representative Robert Lighthizer told senior White House advisers and cabinet officials gathered in the Roosevelt Room…U.S. Ambassador […]
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
CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who repr…” -Donald Trump, Twitter.com, April 6, 2018 6:29 am […]
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 […]
4/4/2018
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/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/TRADE DEALS/TRUMP AS PRESIDENT: “When you’re already $500 Billion DOWN, you can’t lose!” -Donald Trump, Twitter.com, April 4, 2018 8:20 am […]
4/4/2018
CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!” -Donald […]
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/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 […]
3/28/2018
SOUTH KOREA/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump scored his first significant trade deal this week, securing a pact with South Korea that represents the type of one-on-one agreement that Mr. Trump says makes the best sense for American companies and workers. The deal, which is expected to be formally announced on Wednesday [3-28-18], opens the […]
3/28/2018
NAFTA/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “Trade pacts typically require years of detailed negotiations. The North American Free Trade Agreement needed two years. Creation of the World Trade Organization took eight. The Trump administration wants to remake global trade in a matter of months. To secure agreements quickly, the White House has taken a contentious approach to […]
3/18/2018
CHINA/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “The U.S. Treasury Department is planning to use laws designed to address national emergencies to block Chinese firms from acquiring advanced U.S. technology, part of a Trump administration initiative to thwart what it sees as Beijing’s efforts to give itself an economic and military edge, according to administration officials. The Trump […]
3/26/2018
TRADE DEALS/TRUMP AS PRESIDENT: “Trade talks going on with numerous countries that, for many years, have not treated the United States fairly. In the end, all will be happy!” –Donald Trump, Twitter.com, Mar. 26, 2018 7:44pm […]
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/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
NATIONAL SECURITY/TRADE DEALS/TRUMP AS PRESIDENT: “As a candidate, I pledged that if elected I would use every lawful tool to combat unfair trade, protect American workers, and defend our national security. Today, we took another critical step to fulfill that commitment. https://t.co/7NBI0Dibmx https://t.co/nmzqos3BUA“ –Donald Trump, Twitter.com, Mar. 22, 2018 1:40pm […]
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
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
DRONES/MILITARY/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump will soon make it easier to export some types of lethal U.S.-made drones to potentially dozens more allies and partners, according to people familiar with the plan. Trump is expected to ease rules for such foreign sales under a long-delayed new policy on unmanned military aircraft due to […]
3/16/2018
JOBS/TRADE DEALS/TRUMP AS PRESIDENT: “You probably work in the service sector. This seems like a safe assertion, as 84 percent of private-sector jobs in the United States are in services. By contrast, ‘goods-producing’ jobs like logging, mining, construction and manufacturing accounted for only 20.5 million jobs last month, in a nation with 148 million total […]
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
CANADA/TRADE DEALS/TRUMP AS PRESIDENT: “We do have a Trade Deficit with Canada, as we do with almost all countries (some of them massive). P.M. Justin Trudeau of Canada, a very good guy, doesn’t like saying that Canada has a Surplus vs. the U.S.(negotiating), but they do…they almost all do…and that’s how I know!” –Donald Trump, […]
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
TRADE DEALS/TRUMP AS PRESIDENT: “We cannot keep a blind eye to the rampant unfair trade practices against our Country!” –Donald Trump, Twitter.com, Mar. 14, 2018 09:37am […]
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 […]
3/13/2018
CHINA/FOREIGN POLICY/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump on Monday [3-12-18] blocked Broadcom Ltd.’s $117 billion hostile bid for Qualcomm Inc., capping a remarkable series of moves by the Trump administration reflecting officials’ concerns about an intensifying arms race between the U.S. and China over advanced technologies. While Broadcom is a Singapore-based company, the U.S. […]
3/12/2018
COMMERCE/NONTRUTHS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump held a rally at Pittsburgh’s airport on Saturday [3-11-18] evening to try to shore up support for Rick Saccone, the Republican on the ballot in a special election on Tuesday to fill a House seat representing a conservative western Pennsylvania district. But he spent most of his 75-minute speech […]
3/12/2018
AMBASSADOR/EU/FOREIGN POLICY/TRADE DEALS/TRUMP AS PRESIDENT: “Amid escalating tensions between the U.S. and Europe over trade and foreign policy, the Trump administration is moving to fill the long-vacant post of U.S. ambassador to the European Union. Washington has asked the EU if Portland hotelier Gordon Sondland would be an acceptable nominee, according to two senior European […]
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
FOREIGN POLICY/JAPAN/NORTH KOREA/TRADE DEALS/TRUMP AS PRESIDENT: “Spoke to Prime Minister Abe of Japan, who is very enthusiastic about talks with North Korea. Also discussing opening up Japan to much better trade with the U.S. Currently have a massive $100 Billion Trade Deficit. Not fair or sustainable. It will all work out!” – Donald Trump, Twitter.com, Mar. […]
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
CHINA/FOREIGN POLICY/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration is asking Beijing for a plan to cut the annual U.S. trade deficit with China by $100 billion, according to people familiar with the matter. 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 […]
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 […]
3/7/2018
CHINA/TRADE DEALS: “China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon!” -Donald […]
3/7/2018
CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. isn’t the only country that has a chip on its shoulder about trade. When it comes to China, so do countless others. For President Donald Trump, this could be an opportunity to lead a coalition against China’s predatory trade behavior. Instead, he is threatening trade war with the countries […]
3/7/2018
COMMERCE/FOREIGN POLICY/TRADE DEALS: “The foreign-trade deficit widened in January for the fifth straight month and hit its largest level in over nine years, as exports weakened in the first month of 2018. The U.S. trade gap in goods and services expanded 5.0% from the prior month to a seasonally adjusted $56.60 billion in January, the […]
3/7/2018
JOBS/TRADE DEALS: “From Bush 1 to present, our Country has lost more than 55,000 factories, 6,000,000 manufacturing jobs and accumulated Trade Deficits of more than 12 Trillion Dollars. Last year we had a Trade Deficit of almost 800 Billion Dollars. Bad Policies & Leadership. Must WIN again! #MAGA” -Donald Trump, Twitter.com, Mar. 7, 2018 06:40am […]
3/7/2018
JOBS/TRADE DEALS: “@MarkBurnettTV @RealRomaDowney From Bush 1 to present, our Country has lost more than 55,000 factories, 6,000,000 manufacturing jobs and accumulated Trade Deficits of more than 12 Trillion Dollars. Last year we had a Trade Deficit of almost 800 Billion Dollars. Bad policies & leadership. Must win again! #MAGA” -Donald Trump, Twitter.com, Mar. 7, […]
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 […]
3/6/2018
HOUSE OF REPS/TARIFFS/TRADE DEALS: “House Financial Services Committee Chairman Jeb Hensarling warned President Donald Trump on Tuesday [3-6-18] against pressing forward with a broad package of tariffs on foreign aluminum and steel, cautioning that such a move could undo the economic benefits of the tax cut package he signed late last year… Trump announced last […]
3/5/2018
PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump, facing an angry chorus of protests from leaders of his own party, including the House speaker, Paul D. Ryan, insisted on Monday [3-5-18] that he would not back down from his plan to impose across-the-board tariffs on steel and aluminum imports. But the White House was devising ways […]
3/5/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump’s fixation with America’s widening trade deficit is fueling his decision to impose stiff tariffs on steel and aluminum imports. Only a small group of experts share Mr. Trump’s fixation, and few see tariffs as an effective tool to narrow the so-called trade gap. America’s trade deficit is the gap […]
3/5/2018
GOP/PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Paul D. Ryan, the Republican House Speaker, criticized President Trump’s proposed steel and aluminum tariffs on Monday [3-5-18], saying they could lead to a damaging trade war… The statement was a dramatic departure for Mr. Ryan, a top leader in Mr. Trump’s own party, who worked in lockstep with the […]
3/5/2018
COMMERCE/ECONOMY/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “Since President Donald Trump announced plans last week to hit steel and aluminum imports with new tariffs, his trade adviser Peter Navarro and Commerce Secretary Wilbur Ross have been all over television celebrating their victory and rebutting suggestions that the move would incite a damaging trade war. But economic adviser Gary […]
3/5/2018
NAFTA/PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “House Speaker Paul Ryan broke with President Donald Trump over his decision to impose tariffs on imported aluminum and steel products, setting the stage for a high-profile policy fight between Republican leaders and the White House. Mr. Ryan’s concerns match those of many Republican and Democratic lawmakers, who fear the […]
3/5/2018
GOP/LOBBYING/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Congressional Republicans are frantically lobbying President Donald Trump to reconsider his move to slap tariffs on steel and aluminum — even considering legislative action to try to stop him if he refuses. Speaker Paul Ryan has personally spoken with the president and tried to warn him of the economic dangers of […]
3/5/2018
NAFTA/TRADE DEALS: “President Donald Trump on Monday [3-5-18] increased pressure on two top U.S. trading partners, saying he would lift planned tariffs on steel imports only if Mexico and Canada sign a new version of the North American Free Trade Agreement, or Nafta… The broad duties on steel and aluminum that Mr. Trump announced on […]
3/5/2018
DONALDISM/TRADE DEALS: “To protect our Country we must protect American Steel! #AMERICA FIRST” -Donald Trump, Twitter.com, Mar. 5, 2018 07:57am […]
3/5/2018
NAFTA/TRADE DEALS/TRUMP AS PRESIDENT: “We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed. Also, Canada must… treat our […]
3/4/2018
BUSINESS/ECONOMY/TRADE DEALS/TRUMP AS PRESIDENT: “Manufacturing executives who use the metals to make beer cans, cars, refrigerators and other goods warn of price surges, shortages and retaliatory trade barriers on U.S. exports if the administration follows through on the plan, announced Thursday [3-1-18], to impose 25% tariffs on imported steel and 10% duties on aluminum imports. They also […]
3/4/2018
DONALDISM/TRADE DEALS/TRUMP AS PRESIDENT: “We are on the losing side of almost all trade deals. Our friends and enemies have taken advantage of the U.S. for many years. Our Steel and Aluminum industries are dead. Sorry, it’s time for a change! MAKE AMERICA GREAT AGAIN!” -Donald Trump, Twitter.com, Mar. 4, 2018 07:10pm […]
3/4/2018
ECONOMY/INFRASTRUCTURE/LABOR/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump burnished his tough-on-trade image last week by declaring he would impose tariffs on U.S. steel and aluminum imports. But the move could undermine another part of his ‘America First’ economic agenda: Rebuilding U.S. infrastructure. Tariffs on imported aluminum and steel could drive up the cost of infrastructure investments, […]
3/4/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The Trump administration is downplaying reports that White House chief economist Gary Cohn is planning to leave the West Wing because of frustrations over the implementation of steel and aluminum tariffs. After President Donald Trump announced the US would impose tariffs on steel and aluminum imports last week, one person […]
3/4/2018
EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s announcement of punitive steel tariffs may raise U.S. prices short term, but in Europe they could have the opposite effect. … ‘Diverted trade flows threaten Europe with a new steel glut when as things are the EU market is far from tackling [its own] import crisis,’ said Hans […]
3/4/2018
ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Trump administration officials on Sunday [3-4-18] defended the president’s plan to levy tariffs on steel and aluminum imports and played down the likelihood the U.S. would allow for many exclusions from the proposals. The tariff plan would do little to hurt the broader U.S. economy, said the officials, who also minimized […]
3/4/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “White House trade adviser Peter Navarro says no countries will be excluded from upcoming steel and aluminum tariffs set to be imposed by the Trump administration, including the United States’ greatest allies… Navarro said he expects President Donald Trump to sign the measures by the end of this week or early […]