The United States has a huge advantage in the still-escalating global trade fights: it is the only major economy to score an ‘improving’ score in CNBC’s latest survey of corporate executives. The U.S. economy is viewed as “improving,” according to the
Although over a third of global corporations say they have experienced higher costs because of tariffs, less than 10 percent say they are raising prices on consumers.
On Friday, White House economic adviser Kevin Hassett said that the U.S. is “very, very, close” to moving forward with a Mexico-only deal
The new records come just days after the Trump administration announced that it was placing tariffs on an additional $200 billion of Chinese goods.
The pick of Ben Meng, an official at China’s foreign exchange regulator, is likely to attract the ire of the Trump administration’s China hawks.
President Donald Trump said in Tuesday’s White House joint press conference with Poland’s President Andrzej Duda that the U.S. has “just started” dealing with China on trade and it should have been done a long time ago.
The great fear of a tariff-led stock market crash once again got crushed by reality.
“Hey, listen guys, you are not going to make as much money in China as you used to. That game is over because we have to win the trade war,” CNBC’s Jim Cramer said Tuesday.
The European Union (EU) wants to make the Brexit divorce settlement unchangeable, meaning a future government would be stuck with Theresa May’s “soft” Brexit and many of the bloc’s rules if the Prime Minister gets her way.
The Trump administration is expected to move forward Monday evening with its most aggressive challenge yet to China’s trade practices.
Kudlow praised the economy, downplayed concerns about the deficit, and said more China tariffs are coming.
“The unilateral and hegemonic moves by the US will meet firm countermeasures from China,” the Global Times said in an editorial.
“If countries will not make fair deals with us, they will be ‘Tariffed!'” President Trump wrote on Twitter.
President Donald Trump is making plans to implement additional tariffs of $200 billion on Chinese imports his administration has been considering for months, according to a new report in the Wall Street Journal.
The price of beer, soup, phones, and televisions have all declined while tariffs have gone up.
U.S. trade officials are extending Chinese officials yet another opportunity to negotiate trade before levying additional tariffs on hundreds of billions in Chinese goods, according to a new report.
When the president’s top trade adviser drafted a letter to the president warning him that his trade agenda was being blocked by White House insiders, the insiders simply refused to give it to the president.
U.S. trade officials hope to strengthen trade ties with the U.K. as the country moves into a post-Brexit position after recent meetings between officials from both nations.
Still no signs that tariffs are a “tax on consumers.”
China plans to grow genetically modified soybeans in Argentina, hoping the crop will provide a “hand-up for China in the face of the ongoing trade war with the US.”
Apple said that the tariff would hit its Apple Watch, Air Pod headphones, Mac Mini desktop computers, and even the leather covers it sells for iPhones and iPads.
Trump told reporters that the U.S. has a third round of tariffs on Chinese imports ready to go if China retaliates again.
Tariffs were predicted to be a drag on productivity. Instead, U.S. worker productivity saw the biggest quarterly increase in three years after the Trump administration implemented steel and aluminum tariffs.
Sixty Tory MPs led by Jacob Rees-Mogg are to launch a plan to scrap the Prime Minister’s ‘Soft Brexit’ Chequers proposals and highlight the benefits of a clean exit from the Brussels bloc.
“It would be a giving up of our sovereignty and our identity and that is something that we will simply not accept,” Justin Trudeau said at a press conference.
President Donald Trump responded to Bob Woodward’s book on Wednesday by acknowledging his own leadership style.
Factory activity expands the most in over a decade, defying predictions of a trade war led decline.
When Trump ordered a staffer to draft a letter to take the U.S. out of NAFTA, Gary Cohn proposed to pilfer the letter from the president’s desk to keep him from signing it.
While speaking to reporters in Pennsylvania on Monday, former Vice President Joe Biden expressed his opposition to the manner in which President Trump is handling renegotiation of NAFTA and said there isn’t enough time to lay out all the differences
“On Labor Day, we celebrate the American worker: The bulwark of our national prosperity and the cornerstone of our national greatness,” Trump wrote in his proclamation, setting aside Monday, September 3, as Labor Day.
“In the end, it’s okay, because at least Canada knows how I feel,” Trump said after the news broke about the interview he did with Bloomberg on Thursday.
Canada won’t concede ground on agriculture provisions with the U.S., throwing a wrench in trade negotiations, according to a U.S. trade official.
Talks are over for the week and there is no deal with Canada. Now the U.S. will move forward with a Mexico-only trade pact. Negotiations with Canada are expected to resume next week.
Remember when they said tariffs would raise the prices of beer, soup, and canned food? The latest data shows that prices are actually falling.
The comment period for the next round of tariffs ends Thursday. Trump has reportedly told aides to be ready to go next week.
