Tariffs

Orders at U.S. factories for durable goods rose in June despite constant media reports fretting over President Donald Trump’s negotiating tactics on trade. The Commerce Department reported Thursday that durable goods – items meant to last at least three years, like appliances – rose 1 percent in June. Excluding transportation manufacturers, orders were up
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President Donald Trump announced Friday that his administration would levy tariffs against China in response to decades of unfair trade practices and theft of American intellectual property. China has threatened retaliation, but there is little chance for a full-blown trade war. “Trade between our nations, however, has been very unfair, for a very long
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– President Donald J. Trump President Donald Trump is continuing to stand up for American interests by taking long-overdue actions that address China’s unfair trade practices. In January 2018, the president announced his decision to provide safeguard relief to United States manufacturers injured by surging imports of washing machines and solar products. This was the
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Kyodo News via Getty Images by Charlie Spiering10 Apr 20180 10 Apr, 201810 Apr, 2018 President Donald Trump responded to a conciliatory note from President Xi Jinping on trade tariffs. “Very thankful for President Xi of China’s kind words on tariffs and automobile barriers … also, his enlightenment on intellectual property and technology transfers,” Trump
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National Economic Advisor Larry Kudlow revealed Friday afternoon that the Trump administration is mulling over creating and providing China a list of suggestions that the United States would like to see come out of negotiations over trade practices and tariffs with the country. In the limited Roosevelt Room briefing with Kudlow, reporters asked about comments
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President Donald Trump said Wednesday the U.S. is not in a trade war with China because America lost that war decades ago. “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
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Feng Li/Getty Images by John Carney23 Mar 20180 23 Mar, 201823 Mar, 2018 The top editor of China’s state-run propaganda newspaper, The Global Times, tweeted that China plans to target tens of billions of dollars of U.S. products in retaliation for the $50 billion of tariffs on Chinese goods the U.S. announced yesterday. I learned that
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March 22, 2018 MEMORANDUM FOR THE SECRETARY OF THE TREASURY THE UNITED STATES TRADE REPRESENTATIVE THE SENIOR ADVISOR FOR POLICY THE ASSISTANT TO THE PRESIDENT FOR ECONOMIC POLICY THE ASSISTANT TO THE PRESIDENT FOR NATIONAL SECURITY AFFAIRS THE ASSISTANT TO THE PRESIDENT FOR HOMELAND SECURITY AND COUNTERTERRORISM SUBJECT: Actions by the United States Related
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The billionaire GOP mega-donor Koch brothers are continuing to oppose President Trump’s economic nationalist agenda, now calling his recent pro-American worker tariffs “crony capitalism.” Charles and David Koch are two of the Republican Party’s biggest billionaire donors, supporting an agenda of endless, multinational free trade agreements and open borders to keep U.S. wages stagnant. While recent
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Bill ClarkCQ Roll Call via Getty Images by John Binder12 Mar 2018Washington, D.C.0 12 Mar, 201812 Mar, 2018 The pro-open borders, avid free trader Sen. Jeff Flake (R-AZ) has introduced legislation to “nullify” President Trump’s tariffs on imported steel and aluminum designed to increase American manufacturing for U.S. workers. In a speech on the Senate
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@WhiteHouse on Instagram by John Binder11 Mar 2018Washington, DC0 11 Mar, 201811 Mar, 2018 American workers whose lives were uprooted by multinational free trade deals are thanking President Trump for signing into law tariffs on imported steel and aluminum to protect U.S. jobs. In a series of videos by the White House, American workers thanked
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