President Donald Trump dropped a threat to impose tariffs on billions of dollars’ worth of Mexican goods entering the country if Mexico didn’t do more to stop illegal immigrants from crossing the nation’s southern border.
The President made the announcement…
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The Trump administration has agreed to lift tariffs on steel imports from Canada and Mexico, paving the way for a new trilateral trade deal to go through. President Trump made the announcement in remarks to the National Association of …
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China has announced tariffs on $60 billion of U.S. goods in response to $200 billion in tariffs announced by the Trump administration on Chinese goods last week. The economic tit-for-tat has sparked fears of a prolonged trade battle between the …
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Canada has responded to American tariffs on steel and aluminum imports by slapping $16.6 billion Canadian dollars, or about $12.5 billion U.S. dollars, worth of taxes on U.S. imports. The levies went into effect yesterday.
The U.S. has placed 25% …
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Harley Davidson is about to be an unintended causality in the President’s growing trade war with the European Union. The company has announced it will be moving some of its iconic motorcycle production out of the U.S. in order to …
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China’s Civil Aviation Administration sent a letter this week to thirty-six foreign carriers, including airlines in the United States, demanding the removal of any reference to Taiwan, Hong Kong or Macau being independent of China. The White House responded …
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In an effort to ease rising tensions between the China and the U.S., Chinese President Xi Jinping announced that tariffs on automobile imports would be lowered “significantly” this year. The move, Xi says, is part of a “new phase …
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The Chinese government has announced about $3 billion in tariffs on U.S. imports to the country in response to U.S. tariffs on steel and aluminum imports from China, as well as other nations, last month. The Chinese tariffs will be …
Continue ReadingAs fears of a trade war between the U.S. and China erupted last week, high-ranking officials from both nations began negotiating possible solutions to a trade deficit President Trump has called “out of control.”
“It’s the largest deficit of any …
Continue ReadingAnalysis by Pew Research has revealed that the U.S. has among the lowest tariff rates against imported goods in the world. It also shows that its current tariff rates are close to the lowest they’ve been in the nation’s history. …
Continue ReadingThe Trump administration has announced that the European Union, Australia, Argentina, Brazil and South Korea will be exempt from the 25% steel and 15% aluminum tariffs the President announced earlier this month.
The President’s tariff announcement angered many longstanding allies …
Continue ReadingThe government of China announced retaliatory tariffs against the U.S. for levies signed by President Trump yesterday that raise duties on Chinese made goods entering the U.S. The President signed penalties that amount to $50 billion, and may equal as …
Continue ReadingPresident Trump announced his administration would be imposing $50 billion on Chinese made goods entering the U.S. The measures, the President said, are aimed at correcting what he called, “the largest deficit of any country in the history of our …
Continue ReadingEleven countries have moved forward with a trans-pacific trade pact despite President Trump pulling the U.S. out of the negotiations of the deal last year. Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam gathered in …
Continue ReadingU.S. Steel, one of the nation’s largest and oldest steel makers, has announced the restart an idled steel plant in Granite City, IL, because of President Trump’s decision to impose sanctions on steel and aluminum imports, this week. The company …
Continue ReadingPresident Trump, in defiance of senior members of his staff, members of his own party on Capitol Hill and a slew of foreign governments, has signed into effect sweeping new tariffs on steel and aluminum imports.
The President signed a …
Continue ReadingNational Economic Council Director Gary Cohn announced his resignation today making him the latest high-profile departure from the White House in recent weeks. Officials insisted there was no single cause for the departure, but speculation is that it is fallout …
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