Tag: trade

China has historically not had as open of a market, and that needs to change,” Blackstone president and Chief Operating Officer Jonathan Gray said Wednesday.

White House economic adviser Larry Kudlow said Wednesday that European Union President Jean-Claude Juncker will be coming to Washington, D.C. next week with a “free trade offer” for President Donald Trump’s consideration. He offered his remarks during a discussion with CNBC’s Jim Cramer at the Delivering Alpha conference in New York City, NY.

“I believe China wants to make a deal. But–in so far as we know–president Xi, at the moment, does not wish to make a deal,” Kudlow said

“The administration has said it is going for broadly lower tariffs, if that happens, that’s good,” Powell said.

The European Union’s foreign policy chief says the United States has remained a “friend” of the 28-nation bloc and said “a change in the administration does not change the friendship between countries and peoples.” On Sunday, U.S. President Donald Trump

Elon Musk wants to be a groundbreaker in China. Instead, he may end up being broken by China.

President Donald Trump offered Prime Minister Theresa May some kind words at their joint press conference at Chequers, but hinted he was not convinced she will take Britain out of the EU, and asked her to make sure she wins back the country’s trade powers if she does — and told the press she may yet take his “brutal” advice on how to deal with Brussels.

Although wealthier consumers appear to be deeply concerned over tariffs, the overall expectations index improved in early July, rising to 86.4 from 86.3, according to the survey.

Jamie Dimon, the bank’s chief executive, said that trade war talk was more about “psyche” than “economics.” 

“U.S. families’ high dependency on Chinese products is the Achilles’ heel of U.S. trade policy,” the Global Times wrote in a editorial Wednesday.

President Donald Trump warned Thursday of possible increases in tariffs on European Union auto imports to the United States if the EU fails to negotiate “in good faith” at talks starting July 25.

President Donald J. Trump thanked a reporter for asking French President Emmanuel Macron following a Trump-Macron meeting at the NATO summit about Russian influence on Germany through a gas pipeline.

BMW spokesman Ken Sparks told the Herald-Journal of Spartanburg the company’s new deal with China won’t affect Spartanburg production.

“Unfortunately, China has not changed its behavior – behavior that puts the future of the U.S. economy at risk,” U.S. Trade Representative Robert Lighthizer said in a statement announcing the new tariffs.

President Donald Trump took another swipe at NATO countries and European Union trade barriers just before flying out from the White House Tuesday, indicating they will “work something out” at the NATO summit in Brussels, Belgium, this week.

President Donald Trump pressed Germany to increase spending on NATO and jabbed the European Union trade barriers on the United States on Monday ahead of this week’s NATO summit in Brussels.

China would like to turn America’s heartland against President Trump and has aimed its tariffs to maximize damage to American farmers and Midwestern industrial workers.

Ed Schultz stood out from his peers on the left in one crucial way: he understood why Donald Trump won the 2016 election.

President Donald Trump emphasized the importance of having support in negotiations – not “little ones sniping at your heels”– explaining that tariffs on countries that already levy tariffs on the U.S. will help the U.S. “make great deals.”

The economy is doing so well that a bit of trade friction would not be bad. If it ever develops into a drag on the economy, it will simply balance out the boom created by the rise in confidence and the fall in taxes.

President Donald Trump issued words of warning for the World Trade Organization on Monday, calling on it to start treating the United States “properly” or the U.S. will take action.

U.S. President Donald Trump spent half an hour on the phone with Mexico’s new President-elect Andres Manuel Lopez Obrador on Monday covering issues from border security to trading through the multi-lateral NAFTA deal or on a bilateral basis.

“Why would we need a fight on Capitol Hill over a new law for powers we already have?” a person who is familiar with the thinking inside the White House said.

Canada retaliated Sunday for U.S. tariffs on steel and aluminum by inaugurating tariffs on $12.6 billion in U.S. goods.

Meet the new boss. Same as the old boss.

“He’s [threatened to withdraw] 100 times. It would totally [screw] us as a country,” a source told Axios.

The administration wants to limit Chinese investment using existing U.S. laws rather than employing executive authorities to erect novel restrictions.

Lots of people around the world say that no one wins in a trade war. But trade wars are like workers’ strikes, according to CNBC’s Rick Santelli. They have costs but they also have winners.

President Donald Trump spotlighted Tuesday the countries that have been brought to the trade negotiating table as a result of new United States tariffs and American industries thriving under those same tariffs.

President Donald Trump challenged Harley-Davidson for announcing plans to move production overseas to escape the tariffs leveled on motorcycles by the European Union.

The market went into a tailspin after Treasury Secretary Steven Mnuchin tweeted about restrictions on foreign investment in U.S. companies. Then Trump trade guru Peter Navarro set things straight.

Mnuchin said the stories were wrong because new U.S. policy is not aimed specifically at China but will apply to all countries found to steal U.S. technology.

Donald Trump issued a challenge to U.S. trading partners over the weekend, calling on them to bring down their own trade barriers or be met with retaliatory U.S. measures.

People were declaring it “game over” for the northern Minnesota region two years ago. Now the mines, factories, and business of the Iron Range are booming again.

Richard Grenell, U.S. ambassador to Germany, is bringing home some good news. Germany automakers are willing to give up the ten percent E.U. tariff on U.S. cars.