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Trump’s Steel Plan is Good for America

Donald Trump success

Scratching the surface, it may look bad financially. Digging deeper, his steel strategy plans for a better future for America economically and strategically. In 1945, the United States produced 72% of the world’s steel. Since then, the US’s impact on global steel production has shrunk tremendously as manufacturers have found it cheaper to outsource steel to other countries such as ...

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President Trump Secures Modern, Rebalanced Trade Agreement with Canada and Mexico

Donald Trump success

USMCA is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our farmers and manufacturers, reduces trade barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world. President Donald J. Trump President Donald Trump and his administration have delivered on ...

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Watch: President Trump hails U.S. – Mexico Trade Agreement as ‘big day for our country’

Donald Trump oval office

President Donald Trump announced a new trade agreement between Mexico and the United States as “one of the biggest” trade deals to be made. Trump said that the new deal would be referenced to as the United States – Mexico Trade Agreement because NAFTA “has a really bad connotation because the United States was hurt very badly by NAFTA.” Indeed, NAFTA ...

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Watch: President Trump holds roundtable to discuss FIRRMA – 8/23/18

President Donald Trump held a roundtable discussion on the passage of the Foreign Investment Risk Review Modernization Act (FIRRMA) and, in particular, strategy in dealing with China as a bad actor in international trade. Initially, FIRRMA was introduced as separate measures in the House and the Senate, but on August 2, the two bodies agreed to a consensus version that was ...

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Trump’s next win on trade could come within days while Canada sits on the sidelines

President Donald Trump may claim another significant win next week on the international trade front as negotiations with Mexico are expected to conclude. Mexico’s economy minister Ildefonso Guajardo told reporters Friday that he believes trade talks will conclude as early as next week. “Hopefully we will be able to close up no later than the middle of the week,” he said. ...

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Trump effect: Factory orders climb despite media hyperventilating about tariffs

Donald Trump success

Orders at U.S. factories for durable goods rose in June despite constant media reports fretting over President Donald Trump’s negotiating tactics on trade. The Commerce Department reported Thursday that durable goods – items meant to last at least three years, like appliances – rose 1 percent in June. Excluding transportation manufacturers, orders were up 0.4%, the fifth straight monthly gain. ...

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Watch: President Trump and President Juncker Announce Trade Deal in Joint Statements [video + transcript]

Donald Trump and Jean-Paul Juncker

President Donald Trump and President Jean-Paul Juncker hold a joint press conference Wednesday. The two leaders had spent the day in meetings discussing trade and security issues. Juncker and Trump announced that they had reached a deal in which the U.S. and Europe would work to get to a true free trade agreement. While those negotiations are ongoing, the auto tariffs ...

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Stocks React as Trump Threatens Tariffs on All Chinese Imports

Donald Trump CNBC interview 7-20-18

Stock market index futures initially dropped in early Friday trading after President Donald Trump issued another threat to China over its unfair trade practices. The markets initially reacted to the president’s comments in a CNBC interview that aired Friday morning. Trump said he’s “ready to go” on tariffs against all Chinese imports worth over $500 billion. Dow futures dropped to ...

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Canada fires another shot at United States manufacturers; pushes toward trade war

After decades of unfair treatment of U.S. businesses who export to Canada, the Great White North has escalated fears of a trade war by levying more tariffs against U.S. manufacturers. For Canada, tariffs of 10 percent are being imposed on about $12.5 billion worth of U.S. products. Starting Sunday, a wide range of U.S. staples were hit, including chocolate, ketchup, ...

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