U.S. and China trade negotiators once again have a deal in principle on a first stage trade agreement, just days before a Dec. 15 deadline when President Donald Trump had threatened to further increase tariffs on Chinese goods.
Read MoreTag: tariffs
China to Waive Tariffs for Some US Soybeans, Pork
BEIJING – China will waive import tariffs for some soybeans and pork shipments from the United States, China’s finance ministry said Friday, citing a decision by the country’s cabinet.
Read MoreCommentary: Trade in Goods Deficit With China Down $38.5 Billion the First Nine Months of 2019 as Trade Talks Continue
The U.S. trade in goods deficit with China is down 12.8 percent in the first nine months of 2019, or $38.5 billion, compared to 2018, according to the latest data from the U.S. Census Bureau.
Read MoreUS, China Agree to Lift Tariffs, Chinese Officials Say
The U.S. and China mutually agreed to lift some tariffs in what appears to be the beginning of a potential trade deal, China’s commerce ministry announced Thursday.
Read MoreCommentary: Delaying Tariffs Is Not the Answer to China’s Trade Practices
For the past two years, President Donald Trump has argued that China was paying the cost of the trade war. Following a delay in some of the tariffs from the latest round in the dispute with China, however, the president has acknowledged for the first time that tariffs have an impact on American families.
Read MoreCommentary: President Trump’s Trade War With China Is a Moral and Economic Fight for the Future of the World
Ask yourself if you were President, what would you do if you discovered that a foreign country has been waging an underground war against the nation you are sworn to protect surreptitiously killing tens of thousands of your people every year by pouring a drug so deadly that merely accidentally touching a small amount could kill you?
Read MoreTrump Hits Back at China With 30 Percent Tariffs on $250 Billion of Chinese Goods
President Donald Trump retaliated against China’s Friday announcement that it is increasing tariffs on U.S. goods by increasing tariffs to as much as 30% on $250 billion of Chinese goods.
Read MoreTrump Says Apple’s Tim Cook Makes a ‘Compelling’ Case Against Tariffs on Tech Products
President Donald Trump said Sunday that Apple CEO Tim Cook told him paying economic tariffs would make it difficult for his company to compete with the likes of Samsung.
Read MoreKey Trade Deficit Metric with China Improved by 10 Percent Over This Time Last Year, Includes Tariffs
The U.S. trade in goods deficit with China is down 10 percent in the first six months of 2019, or $18.8 billion, compared to 2018, according to the latest data from the U.S. Census Bureau.
Read MoreCommentary: Pressure Mounts on China With Latest Round of Tariffs
China has proven itself to be an unreliable trade partner in its negotiations, says President Donald Trump, and now he is levying another 10 percent tariff on $300 billion of Chinese goods that were untaxed.
Read MoreTrump Denies Apple’s Request to Be Exempted From Tariffs on Chinese-Made Goods
President Donald Trump said Friday on Twitter that Apple will “not be given Tariff wavers” for product parts made in China.
Read MoreWatchdog Groups Question Ohio Company’s Donation to Trump’s Fireworks Display
Phantom Fireworks, an Ohio-based company, is facing scrutiny from so-called “non-partisan watchdog” groups after the company donated $750,000 worth of fireworks to President Donald Trump’s “Salute to America.” The company’s CEO, Bruce Zoldan, was invited to an Oval Office meeting in May to discuss the impact of tariffs with…
Read More