Tagged: Tariffs

0

Trump’s ‘groundbreaking’ deal with American leaders

Tariff Tensions Shadow US, Canada, Mexico Trade Pact Signing The president joined Canadian and Mexican leaders at a global meeting to sign a revised North American trade pact, which will fulfill a longstanding political promise. President Donald Trump teamed with the leaders of Canada and Mexico on Friday to sign...

0

Trade war is ‘negative, negative, negative’ for business, investors and consumers, ITC says

The U.S. trade spat with China and others is negative for business, investors and consumers, International Trade Center Executive Director Arancha Gonzalez said. Trump reportedly plans to meet with his trade team to discuss a draft report on tariffs for European autos. Treasury Secretary Steve Mnuchin has reportedly resumed trade...

A man using an angle grinder on a steel piece at a metal fabrication company on August 7, 2018 in Orange County, New York. 0

Wilbur Ross: Leveling the playing field for American workers

“Since the President took office in January 2017, the manufacturing sector has added 348,000 jobs, with year-over-year manufacturing job growth in 2018 increasing at the fastest rate since 1995.” The economy grew at a rate of 4.2 percent last quarter, far higher than most thought possible a few years ago....

0

‘They’re no angels!’ Trump claims he’s seen Dem senator in ‘very bad and compromising situations’ as he attacks the credibility of Kavanaugh’s accusers but teetotal President admits judge had ‘difficulty’ with drinking

President Donald Trump complained Democrats have treated Brett Kavanaugh ‘so viciously and so violently’ In an angry Rose Garden press conference he hit at the credibility of two Kavanaugh accusers He said Christine Ford hasn’t said ‘what year’ and ‘what house’ Kavanaugh allegedly assaulted her Said he has heard another...

0

Canada and US reach trade deal to replace NAFTA: USMCA

The United States and Canada have agreed to a deal replacing the North American Free Trade Agreement, according to a senior U.S. administration official. The new deal has been deemed the USMCA — the United States-Mexico-Canada Agreement — the official says. Canada, America’s second largest trading partner, was left out...

Robert Chain made the threats towards The Boston Globe in multiple phone calls over the course of a week after it called on other newspapers to publish coordinate anti-Trump editorials on August 16. Theirs is pictured 0

Seventh-generation farmer: I’m a Trump supporter because he’s fighting for us on trade

Casey Guernsey says the U.S. agriculture industry needs trade certainty and he supports President Trump’s mission to seek fairer deals. “We need to look toward the future with optimism because these last few months, especially, have been a real roller coaster,” he says. Guernsey, a former Missouri state legislator, is...

Soybean farmer Raymond Schexnayder Jr. overlooks his farm outside Baton Rouge, in Erwinville, Louisiana, July 9, 2018. 0

Trump is giving farmers a $6 billion bailout so they can weather his trade war: IT IS SOCIALISM!!!

The U.S. Department of Agriculture said Monday that initial aid in its emergency plan to help farmers impacted by retaliatory tariffs will consist of about $4.7 billion in payments. The federal government also said it plans to purchase up to $1.2 billion in certain “commodities unfairly targeted by unjustified retaliation.”...

President Donald Trump tweeted Monday that a new trade deal with Mexico was 'looking good' – and planned to make an immediate announcement on trade Monday. The two sides have been negotiating for months, while talks continued with Canada. The president imposed tariffs on steel and aluminum which angered allies and raised pressure for a new deal. 0

Trump reveals a deal has been reached with Mexico, calling it ‘a big day for trade’ as he puts President Peña Nieto on Oval Office speakerphone – but it won’t be called NAFTA because the name has a ‘bad connotation’ as a ‘rip-off’ for the US

Trump tweeted Monday: ‘A big deal looking good with Mexico!’ The president imposed tariffs on steel and aluminum which angered allies and raised pressure for a new deal The Dow Jones Industrial average immediately jumped 200 points on the news   Trump campaigned on tossing the existing NAFTA agreement and trying...

0

Turkey’s credit rating slashed amid lira’s ‘extreme volatility’

Turkey’s credit rating has been slashed further into “junk” by both Moody’s and S&P Global Ratings as the lira exhibited “extreme volatility” and as policy-making in the country became less predictable. S&P cut the country’s long-term local currency rating to BB-, four notches below investment grade, and reduced its long-term foreign currency sovereign...

0

US Farmers Want ‘Trade Not Aid’

BLOOMINGTON, ILLINOIS — The rolling fields of green soybean plants growing on Fred Grieder’s Illinois farm would be a welcome sign most years … an indicator of a promising harvest in the fall. But this isn’t most years. Tariffs are turning away potential customers overseas, and Grieder estimates he could lose...

0

WALL STREET WARNS: Trump’s trade policies could bring the US back to an economic horror from the 1970s

President Donald Trump is aggressively pursuing protectionist policies. Tariffs cause prices to rise and can stall growth. Analysts are warning that 1970s-like stagflation could be ahead. In a broad effort to rearrange global trade relationships, President Donald Trump has slapped tariffs on some of the US’s biggest business partners. And...