Tagged: trade tariffs

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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...

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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....

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‘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...

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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.”...

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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...

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Why Trump is attacking Turkey with sanctions and tariffs

President Donald Trump’s latest broadside against Turkey comes amid conflicts over defense policy and the detention of American pastor Andrew Brunson. The Turkish lira was also reeling as Trump doubled tariffs on imports of Turkish steel and aluminum. Members of Congress and the Trump administration have objected to Turkey’s plan...

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GOP fears steep losses in state legislatures

LOS ANGELES — Republicans hoping to hold on to their majorities in state legislative chambers across the country are nervously eying President Trump’s anemic approval rating, concerned that a wave of voter anger could undo years of gains. In interviews at the National Conference of State Legislators annual meetings last week,...

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There’s no end in sight for Trump’s trade war with China, because ‘both sides are more inclined to elevate tension than blink’

President Donald Trump and China have been engaged in a tense trade dispute for over five months. Both sides recently increased tariff threats. Trump threatened to slap 25% tariffs on $200 billion worth of Chinese goods, while China threatened tariffs on another $60 billion worth of US goods. The two...