BUSINESS/CHINA/TRADE WAR/TRUMP AS PRESIDENT: “American manufacturing activity contracted last month more than it had in a decade, data released Friday [1-3-20] showed, a sign that economic damage from President Trump’s trade war could linger even after the United States and China sign an initial trade deal. An index published by the Institute for Supply Management […]
Category: Trade War
12/12/2019
CHINA/TRADE DEALS/TRADE WAR/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Thursday [12-12-19] signed off on a trade deal with China that would delay a new round of tariffs that was to be put in place on Dec. 15, Bloomberg News reported. A source briefed on the trade talks told Reuters earlier on Thursday that the […]
12/3/2019
CHINA/ELECTION/TRADE WAR/TRUMP AS PRESIDENT: “President Trump signaled on Tuesday [12-3-19] that he was in no rush to end a long trade war with China, suggesting that he could wait until after the 2020 presidential election to strike a deal and sending stock prices tumbling…Mr. Trump’s comments rattled European stock markets and sent the Dow Jones […]
12/3/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “After weeks of relative calm and record highs, stocks in the United States fell Tuesday [12-3-19] for the third straight day after President Trump’s comments on his China trade war rattled investors and revived some of the market volatility that has become a signature of the dispute between the world’s two […]
12/3/2019
CHINA/ECONOMY/NATO/TRADE WAR/TRUMP AS PRESIDENT: “President Trump left the global economy unsettled on Tuesday [12-3-19] when he threatened NATO allies and suggested that he could wait a year to reach a trade agreement with China, sending stock markets swooning. In comments to reporters sandwiched between meetings with fellow leaders of the North Atlantic Treaty Organization, Mr. […]
12/2/2019
GOP/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump is winning at least one trade war: The one with his own party. Free-trading Republicans have feuded with the president for years now, and his decision on Monday [12-2-19] to reimpose tariffs on Brazil and Argentina brought new criticism from GOP senators — right as he needs them […]
11/22/2019
BUSINESS/CHINA/TRADE WAR/TRUMP AS PRESIDENT: “Global stocks inched up on Friday [11-22-19], lifted by China’s renewed offer to work out a trade pact with Washington and despite signs that manufacturing in major eurozone economies was grinding to a halt. But gains were limited by uncertainty over how the 16-month-old U.S.-China trade war plays out and how […]
11/11/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “‘The Chinese say (about Trump’s Trade War & Tariffs), ‘he brought us to the table.’ This is the most prosperous economy the world has ever seen, and it’s going to be a very prosperous economy.’ Jamie Dimon on @60Minutes Thank you President Trump & the Republican Party!” –Donald Trump, Twitter.com, November […]
10/11/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Friday [10-11-19] outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed. The emerging deal, covering agriculture, […]
10/4/2019
AGRICULTURE/ENERGY/EPA/TRADE WAR/TRUMP AS PRESIDENT: “The Environmental Protection Agency and the Department of Agriculture jointly proposed new rules on Friday that would increase ethanol consumption at the expense of oil refineries to help corn and soybean farmers buffeted by President Trump’s trade wars. The plan would overhaul the system of quotas for ethanol, a fuel that […]
10/3/2019
CHINA/IMPEACHMENT/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump just tossed his most pressing economic issue into the morass of impeachment politics. Trump’s suggestion Thursday [10-3-19] that Beijing should investigate a political rival, moments after threatening America’s ‘tremendous power’ in the ongoing trade talks with China, exposes his long-running negotiations with the world’s No. 2 economy to […]
10/3/2019
EU/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/WTO: “The U.S. won a $7.5 Billion award from the World Trade Organization against the European Union, who has for many years treated the USA very badly on Trade due to Tariffs, Trade Barriers, and more. This case going on for years, a nice victory!” –Donald Trump, Twitter.com, October 3, 2019 5:00 […]
10/1/2019
FEDERAL RESERVE/TRADE WARS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [10-1-19] lashed out at the Federal Reserve after a widely tracked gauge of U.S. manufacturing showed the sector shrank for the second straight month, coming in at its worst reading since 2009. Manufacturers have been slammed by a sharp drop in new export orders as […]
9/20/2019
CHINA/INDIA/TRADE DEALS/TRADE WAR/TRUMP AS PRESIDENT: “Call it the art of the mini-deal. The Trump administration is on the cusp of announcing a new trade deal with India, potentially within the next week as President Trump prepares to meet with Prime Minister Narendra Modi of India. It should be a proud moment for Mr. Trump, who […]
9/4/2019
CHINA/TRADE WAR/TRUMP AS PRESIDENT: “‘U.S. Winning Trade War With China In Dollars.’ CNBC” –Donald Trump, Twitter.com, September 4, 2019 8:52 am […]
9/3/2019
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “The American manufacturing sector contracted last month, a key measure showed on Tuesday [9-3-19], heightening fears that the trade war with China could bring on a recession. Manufacturing accounts for just 11 percent of the country’s gross domestic product, but it is often seen as an economic harbinger. Stocks fell on […]
9/3/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump said on Tuesday [9-2-19] that Chinese manufacturing would ‘crumble’ if the country did not agree to the United States’ trade terms, as newly released data showed his trade war was washing back to American shores and hurting the factories that the president has aimed to protect. Days after new […]
9/2/2019
BUSINESS/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Before the trade war threatened to upend everything, Lena Phoenix spent most of her hours puzzling over how to expand the thriving footwear business she and her husband had founded in their home in Colorado. Now, she is mostly consumed with finding a way around the tariffs that President Trump just […]
8/31/2019
CHINA/DEMS/TRADE WAR/TRUMP AS PRESIDENT: “Just watched Congresswoman Debbie Dingell, and many other Democrats, wanting to give up on our very successful Trade battle with China, which has had its worst Economic year in memory (and getting worse). We are taking in $Billions. Will be big for Farmers and ALL!” –Donald Trump, Twitter.com, August 31, 2019 […]
8/30/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Friday [8-30-19] appeared to accuse companies of falsely claiming that they’ve been hurt by his escalating trade war with China, instead saying they’re mismanaging their businesses…Trump’s comments come just days before the U.S. is set to impose new tariffs on China in two rounds, with the first […]
8/30/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s economic advisers do not see a recession on the horizon, but they worry that gloomy news reports and a drumbeat of recession warnings could turn fear of one into reality. In an interview on Thursday [8-29-19], the acting chairman of Mr. Trump’s Council of Economic Advisers, Tomas Philipson, said […]
8/29/2019
CHINA/ECONOMY/GOP/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Republicans have sat patiently with President Donald Trump on his tariff roller-coaster ride with China. Now they’re starting to feel queasy. Trump argues his escalating trade war will force China to the table for a deal. But his ever-rising tariffs — and his market-rattling tweets — are increasingly alarming the GOP…But […]
8/27/2019
ELECTION/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “A former top Federal Reserve official implied that the central bank should consider allowing President Trump’s trade war to hurt his 2020 election chances, an assertion that drew a firestorm of criticism and a rare pushback from the Fed itself. William Dudley, the former president of the Federal Reserve Bank […]
8/27/2019
AGRICULTURE/CHINA/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Peppered with complaints from farmers fed up with President Trump’s trade war, Sonny Perdue found his patience wearing thin. Mr. Perdue, the agriculture secretary and the guest of honor at the annual Farmfest gathering in southern Minnesota this month, tried to break the ice with a joke. ‘What do you […]
8/26/2019
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “As President Trump intermittently escalates and moderates his trade war with China, his conflicting signals reflect a reality that limits his actions: He can try to sever the deeply intertwined American commercial relationship with China, or he can prod economic growth to assuage the fears of investors around the planet. But […]
8/26/2019
CHINA/FRANCE/TRADE WAR/TRUMP AS PRESIDENT: “Remember when President Xi Jinping of China was the ‘enemy’? That was so Friday. As of Monday [8-26-19], according to President Trump, Mr. Xi was ‘a great leader’ and a ‘brilliant man.’ What about that edict by Mr. Trump, who ‘hereby ordered’ American companies to leave China? Three days later, he was […]
8/23/2019
ECONOMY/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “Jerome H. Powell, the Federal Reserve chair, kept future interest rate cuts squarely on the table on Friday [8-23-19] but suggested that the central bank was limited in its ability to counteract President Trump’s trade policies, which are stoking uncertainty and posing risks to the economic outlook. Mr. Powell’s remarks […]
8/16/2019
CHINA/TRADE WAR/TRUMP AS PRESIDENT: “To the outside world, China’s ruling Communist Party – faced with an expanding trade war crimping an already slowing economy and spiraling protests in Hong Kong – is confronting some of its strongest political and economic headwinds in decades. But at home, where China’s elite leaders prepare for the 70th anniversary […]
8/15/2019
AUSTRALIA/CHINA/ECONOMY/TRADE WAR/TREASURY/TRUMP AS PRESIDENT: “Australian and New Zealand shares fell sharply on Thursday [8-15-19] as investors sold off equities globally in search of safety after a drop in a U.S. bond yield curve highlighted the risk of recession. The yield on the U.S. Treasury 10-year note briefly fell below the two-year yield, a pattern that […]
8/14/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “In a span of less than 24 hours, developments in Washington and Wall Street have sent a vivid message: The world is ambling toward an economic morass of the sort that no mere presidential tweet can fix. On Tuesday [8-13-19], President Trump blinked in the trade war with China, retreating from […]
8/14/2019
CHINA/ECONOMY/GERMANY/TRADE WAR/TRUMP AS PRESIDENT: “In ominous signs of the damage being done by the trade war between China and the United States, data released on Wednesday [8-14-19] indicated that the German economy was hurtling toward recession and that growth at Chinese factories was slowing at a pace not seen in nearly two decades. The numbers […]
8/6/2019
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump is pushing his bitter trade war with China into an aggressive and unpredictable new phase, bewildering Wall Street and risking an even bigger slowdown heading into a 2020 election in which the economy was supposed to be the president’s strongest selling point. The Trump administration on Monday [8-5-19] […]
8/6/2019
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “The trade war between Washington and Beijing took an unexpected turn this week as China let its currency drop sharply and the United States responded by officially designating the country a currency manipulator. The confrontation underscored the Trump administration’s focus on weakness in foreign currencies — and the corresponding strength of […]
8/5/2019
CHINA/TRADE WAR/TRUMP AS PRESIDENT: “China is intent on continuing to receive the hundreds of Billions of Dollars they have been taking from the U.S. with unfair trade practices and currency manipulation. So one-sided, it should have been stopped many years ago!” –Donald Trump, Twitter.com, August 5, 2019 11:00 am […]
8/2/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The trade war is back on. China on Friday [8-2-19] slammed President Donald Trump’s decision to slap a 10% tariff on $300 billion worth of goods, effectively taxing all Chinese exports to the United States. Beijing said it was ready for a fight. ‘China will have to take necessary counter-measures,’ a […]
8/1/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump, frustrated by increasingly fruitless negotiations with China, said Thursday [8-1-19] that the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year. The new […]
7/30/2019
CHINA/ELECTION/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [7-30-19] railed against China for failing to deliver on his high-profile promise it would buy significant quantities of farm goods, warning the country not to try to wait out his administration in hopes of negotiating a better deal with any new Democratic president…Trump’s comments, spread out […]
7/25/2019
AGRICULTURE/CHINA/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration will begin paying $14.5 billion to farmers hurt by the US-China trade war by the end of August. It’s the second round of aid the administration will pay out as negotiations with Beijing continue past the one-year mark. Farmers received about $10 billion in aid last year. The […]
7/15/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump on Monday [7-15-19] portrayed America as being on the winning end of his trade war, saying tariffs are punishing China’s economy while generating billions of dollars for the United States, an economic victory that will allow him to continue his fight without domestic harm…But government figures show that the […]
7/5/2019
CHINA/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “Federal Reserve officials worry that the uncertainty caused by the trade war between the United States and China could be constraining business spending and may be contributing to a manufacturing slowdown that is dragging on growth. The concerns were outlined in the Fed’s semiannual Monetary Policy Report, released on Friday […]
7/5/2019
ECONOMY/JOBS/TRADE WAR/TRUMP AS PRESIDENT: “A decade after the Great Recession released its grip on the American economy, the job market shows no sign of falling into another slump. Weak hiring in May had given rise to fears that the long-running expansion was foundering in the face of trade tensions and cooling growth overseas. But job […]
6/27/2019
CHINA/EU/G20/TRADE WAR/TRUMP AS PRESIDENT: “European Union leaders warned on Friday [6-28-19] against the damage that escalating U.S.-China trade friction was inflicting on the global economy, as the Group of 20 economies began a two-day summit in Japan’s western city of Osaka. The annual G20 summit kicked off amid heightened global anxiety over a U.S.-China trade […]
6/27/2019
CHINA/JAPAN/TRADE DEALS/TRADE WAR/TRUMP AS PRESIDENT: “The fate of a yearlong trade war will reach a pivotal moment this weekend as President Trump and President Xi Jinping of China meet in Japan. But while both leaders appear open to a truce, they have hardened their positions ahead of the talks, leaving it unclear how the United […]
6/26/2019
CHINA/G20/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The U.S. and China have tentatively agreed to another truce in their trade war in order to resume talks aimed at resolving the dispute, sources familiar with the situation said. Details of the agreement are being laid out in press releases in advance of the meeting between Chinese President Xi Jinping […]
6/26/2019
CHINA/G20/JAPAN/TRADE WAR/TRUMP AS PRESIDENT: “Trade wars — and the prospect of actual war — will dominate President Donald Trump’s agenda as he touches down here in Osaka, Japan, Thursday [6-27-19] for a highly consequential meeting of world leaders. It’s a sign of Trump’s continued capacity to mold the world agenda that this year’s G20 summit […]
6/25/2019
CHINA/G20/JAPAN/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump and Chinese President Xi Jinping are both facing intense domestic pressure to de-escalate the trade war between their countries as they prepare to meet on Saturday [6-29-19] in Japan. Trump needs China to make vast structural changes to its economy while also buying more U.S. farm and manufactured […]
6/24/2019
AGRICULTURE/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s trade wars are pushing America’s rural economy toward a full-blown meltdown after years of financial hardship, causing more farmers to default on loans while putting the squeeze on agricultural lenders. Farmers have seen their net income plummet by half since 2013 and are now expected to hold nearly […]
6/20/2019
CHINA/NORTH KOREA/NUCLEAR/TRADE WAR/TRUMP AS PRESIDENT: “China’s leader, Xi Jinping, arrived in North Korea’s capital on Thursday [6-20-19] to a 21-gun salute at the airport, the release of thousands of balloons and crowds lining the streets, as his car wound its way to the mausoleum where the North’s founder lies. The elaborate ceremonial welcome for Mr. […]
6/20/2019
G20/JAPAN/TRADE WAR/TRUMP AS PRESIDENT: “As President Donald Trump heads to G-20 meetings in Japan next week, companies and foreign governments are bracing for a world in which the foundation of global trading rules is upended. And they fear being forced to take sides between the reigning global superpower and its rising rival…Hyder said in an […]
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
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s multi-front trade war on the global stage has opened two distinct political battles over tariffs in the domestic arena that will shape the future of U.S. trade policy: in his race for reelection, and in the coming reckoning in Congress on his legislative priority, a renegotiated NAFTA. The […]
6/10/2019
GOP/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Senate Republicans want just one thing when it comes to Donald Trump’s global trade war: a cease-fire. It’s a move that would benefit not just their caucus, senators argue, but the president too. If Trump withholds new tariffs, he can reasonably expect Senate passage of his new North American trade deal […]
6/7/2019
CHINA/ECONOMY/MEXICO/TRADE WAR/TRUMP AS PRESIDENT: “Donald Trump is trying to pull off the riskiest high-wire act of his presidency, threatening to escalate trade battles with Mexico and China even as warnings signals flash about a possible recession arriving just as his reelection campaign begins. Trump is edging to the brink of a two-front trade war in […]
6/7/2019
ECONOMY/JOBS/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Lawmakers, business executives and economists have all tried to warn President Trump that his trade policies could hurt growth. On Friday [6-7-19], the government reported that employers added just 75,000 jobs in May, a fact that will be hard for him to ignore. The increase was a far cry from what […]
6/6/2019
ASIA/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/VIETNAM: “President Donald Trump’s tariffs are driving some manufacturing out of China, but much of it remains outside of the United States. Instead, a number of other countries are benefiting from Trump’s trade war, according to data released by the Census Bureau on Thursday [6-6-19]. US imports from Vietnam are up 38% […]
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 […]
5/30/2019
DEMS/POLLS/TRADE WARS/TRUMP AS PRESIDENT: “President Donald Trump’s trade wars may be something he believes in, but it doesn’t seem to be a political winner. Unlike many issues on which Trump has seesawed on over the years, Trump has been generally consistent in his protectionist stance on trade. He seemed to use that to his advantage […]
5/29/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/TRUMP PEOPLE: “Shane Cusick started his small business, Pello, in 2014 with the goal of making lightweight bikes for children. His experience over the past year is a case study in how a trade war can disrupt a fledgling enterprise. Pello, in Richmond, Va., has met with early success, selling 400 to […]
5/25/2019
TRADE WAR/TRUMP AS PRESIDENT: “The real trade war began 30 years ago, and we lost. This is a bright new Age, the Age of Enlightenment. We don’t lose anymore! https://t.co/5ECmBpsI6D” –Donald Trump, Twitter.com, May 25, 2019 1:57 am […]
5/23/2019
AGRICULTURE/CHINA/TRADE WAR/TRUMP AS PRESIDENT: “President Trump on Thursday [5-23-19] unveiled a $16 billion bailout for farmers hurt by his trade war with Beijing, signaling a protracted fight ahead that is already prompting some American companies to shift business away from China. Mr. Trump, flanked by farmers and ranchers in cowboy hats during remarks at the […]
5/21/2019
ECONOMY/ELECTION/PENNSYLVANIA/TRADE WAR/TRUMP AS PRESIDENT: “U.S. President Donald Trump, facing a potentially difficult path to winning a second term in November 2020, on Monday [5-20-19] told supporters in Pennsylvania that his trade war had strengthened the battleground state’s steel industry and jobs. Although Trump does not launch his re-election bid officially until next month, his appearance […]
5/17/2019
CANADA/CHINA/EU/MEXICO/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump agreed on Friday [5-17-19] to lift tariffs on metal imports from Mexico and Canada, removing a major irritant for two important allies that in exchange agreed to stop punishing American farmers with their own taxes on pork, cheese and milk. At the same time, Mr. Trump postponed a decision […]
5/16/2019
CHINA/GOP/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “In the halls of the Capitol these days, Republican lawmakers from Southern states aren’t exactly eager to talk about the President’s trade war with China. Sen. Rand Paul of Kentucky didn’t have anything to say when approached by CNN on Tuesday. Asked if trade with China has been good for his […]
5/14/2019
ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Who isn’t President Donald Trump targeting with a trade war? China is the front line, clearly. But he’s played tough with Mexico, Canada, the European Union and even India. Japan, the world’s third largest economy, has evaded his ire, but Tokyo also hasn’t yet agreed a trade deal with the US. […]
5/14/2019
FOREIGN POLICY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s tariffs were initially seen as a cudgel to force other countries to drop their trade barriers. But they increasingly look like a more permanent tool to shelter American industry, block imports and banish an undesirable trade deficit. More than two years into the Trump administration, the United States […]
5/14/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “Exporters from China woke up on Tuesday [5-14-19] to the news that U.S. President Donald Trump has pressed forward with what was previously considered the ‘nuclear option’ in the long-running trade war. By publishing a plan to roll out tariffs of up to 25 percent on almost all of the remaining […]
5/14/2019
JOBS/TRADE WAR/TRUMP AS PRESIDENT: “Billions of Dollars, and moving jobs back to the USA where they belong. Other countries are already negotiating with us because they don’t want this to happen to them. They must be a part of USA action. This should have been done by our leaders many years ago. Enjoy!” –Donald Trump, […]
5/13/2019
TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration can’t shield consumers from its trade war anymore. Until now, President Trump’s tariffs on a total of $250 billion in Chinese imports have largely hit intermediate and capital goods — items typically bought by businesses, not shoppers. That will change if Mr. Trump follows through with his threat […]
5/13/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump announced Monday [5-13-19] that he’ll meet face-to-face with Chinese President Xi Jinping at the G20 summit late next month amid the latest escalation in trade tensions between the two countries. Trump predicted that his meeting with Xi will likely be ‘very fruitful’ and said he believes China wants […]
5/13/2019
CHINA/TRADE WAR/TRUMP AS PRESIDENT: “..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get […]
5/13/2019
CHINA/GOP/SENATE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The GOP is starting to give up on thwarting President Donald Trump’s trade agenda. Senate Republicans acknowledge that the president’s latest tariff increase on Chinese imports are harming farm state economies, their own constituents and some of Trump’s most reliable voters. But there’s no plan to stop, or even threaten, the […]
5/10/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The more President Trump escalates his trade war with China, the more American shoppers will notice higher prices in their favorite grocery stores, hardware shops and big-box retailers. On Friday [5-10-19], the Trump administration increased tariffs that Mr. Trump imposed last year on $200 billion worth of Chinese imports to 25 […]
5/8/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “The real question is not why the stock market is down this week. It is why it is down so little. After all, the world’s two largest economies have seemed to be hurtling toward a major escalation of their trade war. American officials have complained that Chinese negotiators have been playing […]
5/7/2019
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “Fears of an escalating trade war between the United States and China ricocheted through the American economy on Tuesday [5-7-19], sending stocks down sharply and prompting businesses large and small to brace for fallout. For months, investors and companies had been lulled into a sense of security that the world’s two […]
5/7/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump threatened over the weekend to re-escalate his trade war with China by raising tariffs on nearly all Chinese imports. He implied that the move would not hurt the American economy and said that the tariffs he has already imposed ‘are partially responsible for our great economic results’ in the […]
5/6/2019
CHINA/TRADE WAR/TRUMP AS PRESIDENT: “The United States has been losing, for many years, 600 to 800 Billion Dollars a year on Trade. With China we lose 500 Billion Dollars. Sorry, we’re not going to be doing that anymore!” -Donald Trump, Twitter.com, May 6, 2019 6:08 am […]
5/6/2019
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s top economic advisers on Monday [5-6-19] accused China of reneging on previous commitments to resolve a monthslong trade war and said Mr. Trump was prepared to prolong the standoff to force more significant concessions from Beijing. Mr. Trump, angry that China is retreating from its commitments just as the […]
4/26/2019
AGRICULTURE/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “For decades, Denise and Tom Murray rose before 5 a.m. and shuffled through mud and snow to milk cows on the farm that has been in their family since 1939. This month, after years of falling milk prices and mounting debt, the Murrays sold their last milk cow, taking pictures while […]
4/17/2019
AUTO INDUSTRY/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “If President Donald Trump decides to slap tariffs on the global car industry, suppliers like Jack Sun, who runs a 30-person operation in northeast China, would be the first to feel the financial pain. Qingdao Ray Machinery and Technology doesn’t sell directly to the U.S. Rather, it exports molds and […]
4/16/2019
CUBA/FOREIGN POLICY/TRADE WAR/TRUMP AS PRESIDENT: “The Trump administration is expected to announce its plan to enforce a controversial provision of the decades-old trade embargo on Cuba Wednesday [4-17-19], a senior administration official tells CNN — a decision that will break with the precedent set by every President since Bill Clinton. US National Security Adviser John […]
3/11/2019
BUDGET/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “President Trump’s $4.75 trillion budget proposal unveiled on Monday [3-11-19] brims with confidence that the United States economy will continue to expand rapidly, despite recent data suggesting growth is slowing. Mr. Trump told reporters last week that the economy is ‘very, very strong.’ His budget proposal forecasts 3.2 percent growth in […]
3/1/2019
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “All wars end—eventually. So it is with the yearlong China-U.S. trade war, which now appears to be in its final stages. Tariffs will be lifted, Beijing will promise to buy more American goods and take a harder stance on technology transfers and industrial espionage, and Trump will declare victory. Yet any […]
2/6/2019
AGRICULTURE/ELECTION/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump’s trade war is magnifying some of the toughest farm conditions since the crisis that bankrupted thousands of farmers in the 1980s — and threatening a constituency crucial to his reelection hopes. The president’s trade policies have sent U.S. agricultural exports plunging, exacerbating already difficult economic conditions facing farmers. […]
1/22/2019
AGRICULTURE/GOVERNMENT/TRADE WARS/TRUMP AS PRESIDENT: “Like most Iowa farmers, Kate Edwards loves the rhythm of the seasons: planting in the spring, harvesting in the fall, planning it all over again each winter. But thanks to an ongoing trade war and a partial government shutdown, Edwards and her farming neighbors are stuck. Instead of planning, this winter […]
1/17/2019
GOP/LEGISLATION/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “A Republican lawmaker plans to introduce legislation on Thursday [1-17-19] that would embolden President Trump’s trade war by granting him sweeping new executive powers to increase tariffs on imports. The proposal, by Representative Sean P. Duffy of Wisconsin, is unlikely to pass Congress, but it has alarmed conservative advocacy groups and […]
1/8/2019
AGRICULTURE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT/USDA: “Thanks to the government shutdown, the Department of Agriculture will extend the deadline for farmers to apply for assistance to offset losses they were experiencing as a result of trade tensions between the US and other countries. Applications were due January 15, but the department’s Farm Service Agency, which operates the […]
12/19/2018
NATIONAL SECURITY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Trump has weaponized tariffs to upend the global rules of international trade — but can his policies withstand the peanut butter test? On Wednesday [12-19-18], a three-judge panel, deliberating in a federal courtroom in Lower Manhattan, considered the most far-reaching legal challenge to the president’s aggressive use of national […]
12/17/2018
AGRICULTURE/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump said Monday [12-17-18] that he would release a second round of payments to farmers hurt by tariffs, even after China resumed buying US soybeans last week…Soybean growers have been hit especially hard. China, their biggest foreign market, stopped buying US soybeans in July in retaliation for new American […]
12/17/2018
AGRICULTURE/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “More financial assistance is on the way for farmers and ranchers hurt by retaliation from foreign governments in trade disputes with the United States. President Donald Trump said Monday [12-17-18] he has authorized Agriculture Secretary Sonny Perdue to launch the second and final round of payments from a $12 billion aid […]
12/14/2018
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “China just announce the there economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes. U.S. is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!” -Donald Trump, Twitter.com, December […]
12/14/2018
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “China’s consumers and businesses are losing confidence. Car sales have plunged. The housing market is stumbling. Some factories are letting workers off for the big Lunar New Year holiday two months early. China’s economy has slowed sharply in recent months, presenting perhaps the biggest challenge to its top leader, Xi Jinping, […]
12/5/2018
CHINA/ECONOMY/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “After President Donald Trump helped send markets tanking by feeding doubts about his trade deal with China, he stepped in Wednesday [12-5-18] to pump up optimism in a series of early-morning tweets. The US President cited ‘very strong signals’ overnight from Beijing, including recognition of a 90-day clock for talks — […]
12/5/2018
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “After a ‘wonderful and very warm dinner’ with China’s President Xi Jinping, last weekend, President Donald Trump launched a barrage of tweets extolling his great accomplishments. The Chinese, he said, had agreed to remove a 40% tariff on American car imports; they would soon start buying US agricultural products; they had […]
12/5/2018
CHINA/ECONOMY/FOREIGN POLICY/OIL/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump is fretting about two rising global challenges that threaten a political gut punch as he gears up for his 2020 election bid — a possible oil price hike and market shocks triggered by his trade wars. Both crises will test Trump’s capacity to work his will on […]
12/5/2018
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Wednesday [12-5-18] tried to shore up confidence that he had successfully struck a deal with China to pause the trade war, after markets swooned a day before and as Beijing broke its silence about the negotiations…Markets on Tuesday dropped precipitously after mixed signals emerged as to what […]
12/4/2018
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “Doubts about President Donald Trump’s temporary cease-fire in a trade war with China helped spark a plunge in stocks on Tuesday [12-4-18], as senior administration officials acknowledged it was too early to say if a longer-term deal could be reached..Markets initially rallied Monday [12-3-18] on news that Trump and Chinese President […]
12/3/2018
AGRICULTURE/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “China will buy more U.S. agricultural goods, the White House said in its readout of the trade-war ceasefire President Donald Trump and Chinese President Xi Jinping reached in Buenos Aires this weekend. But the details, beyond Trump’s pledge to hold off on imposing additional tariffs, were blurry — like which ag […]
12/3/2018
CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Monday [12-3-18] said U.S.-China relations had taken a big step forward over the weekend after he and Chinese President Xi Jinping agreed to hold off on new tariffs, and urged Beijing to finalize a trade deal with Washington. ‘My meeting in Argentina with President Xi of […]
11/30/2018
CHINA/G20/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “For the better part of a year, the United States and China have been engaged in a tit-for-tat trade war. It’s time to stop. The meeting on Saturday [12-1-18] between President Donald Trump and Chinese President Xi Jinping at the G20 Summit in Buenos Ares is the place to make that […]
11/30/2018
CHINA/ECONOMY/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump and President Xi Jinping will hold the most important meeting between the leaders of the United States and China in decades in Argentina on Saturday [12-1-18] night. It’s not just that the two men have the power to call a truce in a multi-billion dollar trade war that […]