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‘I Suggest Farmers … Immediately Buy More Land’: Trump, China Reach ‘Phase One’ Of Trade Agreement

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President Donald Trump said and Chinese Vice Premier Liu He reached “phase one” of a U.S.-China trade deal after Friday talks between trade officials from both countries. The deal comes after nearly two years of a tense trade war involving back-and-forth tariffs, blacklists and threats to and from both countries as the administration attempts to hold China accountable for its ...

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Winning the Trade War: China Backs Off Tariffs on U.S. Farm Products

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President Donald Trump can claim victory in the latest round of the battle for fair trade with China as Beijing has announced that it will remove tariffs on U.S. Agricultural products without requiring any reciprocal moves from the Trump administration. China’s Customs Tariff Commission of the State Council announced Friday that it will postpone tariffs on U.S. pork and soybean ...

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Winning: China to Meet with U.S. Officials in D.C. for Trade Talks

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U.S. and Chinese officials reportedly agreed to schedule trade talks in early October amid an escalating tariff war between the two countries. (Related: Trump is Winning the Trade War with China) Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He agreed to open talks during a phone call, The Washington Post reported Thursday, citing China’s ...

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‘We Don’t Want To Be Servants To The Chinese!’: Trump’s New Tariffs Against China Take Effect

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The U.S. imposed a 15% tariff Sunday on Chinese imports valued at $111 billion including tools, apparel, footwear and electronics, The Wall Street Journal reported. A second 15% tariff on $156 billion worth of Chinese smartphones, laptops, toys, video games, among other things, will be implemented on Dec. 15, according to WSJ. “Tariffs will not impact American consumers that much ...

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Graham On US-China Trade War: ‘Until They Feel The Pain, They’re Not Going To Stop’

South Carolina Republican Sen. Lindsey Graham said Sunday that U.S. consumers would have to be willing to feel some pain in order to make China finally end its unfair trading practices.  Graham commended Trump for labeling China a currency manipulator, something he said Bush and Obama weren’t willing to do.  China announced on Friday a 25% tariff on American automobiles ...

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Watch: President Trump and Prime Minister Abe Announce Major Trade Deal [Video + Transcript]

President Donald Trump and Prime Minister Shinzo Abe of Japan together announced a significant trade deal between the two countries. The trade deal focuses on agricultural products, industrial goods, and digital trade. “This will open up markets to $7 billion dollars of those goods,” U.S. Trade Representative Robert Lighthizer said during the announcement. “We sell over 2 billion dollars worth ...

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Trump Effect: More Than 50 Companies — Including Apple — Rush To Pull Production Out Of China

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More than 50 global companies including Apple, Nintendo and Dell are rushing to pull production out of China amid the country’s trade war with the United States. U.S., Japanese, Taiwanese and even Chinese manufacturers are moving out of the country in fear of a prolonged trade conflict, including those who make personal computers, smartphones and other electronics, Nikkei Asian Review ...

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China’s Factories Are Getting ‘Desperate’ Amid Trade Tensions With The US

The largest supplier of consumer goods in the world said Wednesday that China’s factories are becoming “desperate” as they struggle with the consequences of U.S. tariffs. Li & Fung Ltd, which designs and transports products for stores like Walmart, Kohl’s and Nike, is trying to move out of China as quickly as possible at the request of its American retailers, ...

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Trump Slams India’s Tariffs On American Products, Says Country Has Been Having A ‘Field Day’

President Donald Trump on Twitter Tuesday expressed his discontent with India’s tariffs on U.S. goods. India and the Trump administration have been engaged in a trade war for the past few months, after Trump complained of what appears to be one-way tariffs coming from the Hindu nation. “India has long had a field day putting Tariffs on American products. No ...

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China is Losing the Trade War with Trump

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China’s state-owned media might talk tough, but major tech companies are fleeing the country due to Beijing’s unfair trade practices, national security concerns, continued economic warfare with the United States and rising labor costs. (Related: Proof Trump is Winning the Trade War with China) The Nikkei Asian Review reported Wednesday that HP, Dell and Microsoft are joining Amazon, Google, Apple ...

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Mexico Ratifies Trump’s Trade Agreement

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The Mexico Senate overwhelmingly voted to ratify the United States-Mexico-Canada Agreement (USMCA) Wednesday, making them the first country to approve the deal. The USMCA was previously a signed but not yet ratified free trade treaty between the U.S., Mexico and Canada. It was signed November 30, 2018 but was not ratified by any country until Wednesday. The USMCA replaces the ...

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Vietnam Says Some Chinese Exporters Are Using Fake ‘Made-In-Vietnam’ Labels To Avoid US Tariffs

Some Chinese exporters are putting fake “Made in Vietnam” stickers to try and avoid the U.S. tariffs, Vietnam alleged on Sunday. Vietnam said in a government statement that they have found dozens of cases where Chinese exports, including textiles, iron, steel, and aluminum, are being illegally transferred to Vietnam where fake stickers are then placed so that China can skirt the recent ...

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Trump Allows For Expanded Ethanol Sales As Chinese Tariffs Squeeze Farmers

The Environmental Protection Agency (EPA) announced Friday it would allow the year-round sale of higher ethanol gasoline. EPA Administrator Andrew Wheeler said the agency was fulfilling President Donald Trump’s promise to Midwestern agriculture states, which have been hit hard by retaliatory Chinese tariffs. EPA previously restricted the sale of “E15” gasoline — fuel blended with 15 percent ethanol — in ...

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China Halts Purchases Of American Soybeans

China has halted purchases of American soybeans as Washington and Beijing trade tensions continue to grow, according to a Bloomberg report Thursday morning. While China doesn’t have any plans to cancel previous purchases of American soybeans, there haven’t been orders for state-grain buyers to continue, people close to the situation told Bloomberg. The sources, who asked to remain anonymous, said ...

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China’s Latest Trade Threat Reignites Concerns Over US Mineral Dependency

The escalating U.S.-China trade dispute has brought American mineral dependency back into the spotlight. The U.S. is dependent on China for rare earth minerals used in hundreds of hi-tech products and military equipment. “China is letting the U.S. know that it has leverage,” said Dan McGroarty, head of the American Resources Policy Network. Reports of Chinese threats to escalate its ...

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