Tagged: trade war

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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...

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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Companies working to dissuade Trump from his trade war

As the threat of a full blown trade war gets more realistic, companies are working to counter it, CNBC reports. The big picture: They don’t want any confrontation with President Trump, per CNBC, but “want to exert as much influence as they can” to convince him not to enter into a serious trade battle. Amazon is pushing...