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The Latest News about trade

Trump talks of ‘incredible deal’ with China and terminating NAFTA while returning from G20

Donald Trump answers press questions aboard Air Force One

President Donald Trump told reporters aboard Air Force One late Saturday night that he and President Xi of China had come to an initial agreement that would be one of the largest deals ever made. “It’s an incredible deal.  It goes down, certainly — if it happens, it goes down as one of the largest deals ever made,” Trump said. ...

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Watch: President Trump Has Working Dinner with the President China [video + transcript]

President Donald Trump and President Xi of China had a working dinner together Saturday in which they hoped to resolve the trade issues between the two nations. The menu for the dinner: First Course Seasonal Vegetable Salad with Basil Mayonnaise Dressing and a Parmesan Emulsion Catena Zapata Adrianna White Stones Chardonnay 2009 Main Course Grilled Sirloin with red onions, goat ricotta, and ...

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Trump’s Steel Plan is Good for America

Donald Trump success

Scratching the surface, it may look bad economically. Digging deeper and his steel plan plans for a better future for America. The United States used to be the king of steel. 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 ...

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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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White House: New trade deal a great day for North America

White house on north america agreement

White House Trade Advisor Peter Navarro says that the new U.S. – Mexico – Canada trade agreement is great for all of North America. “It’s the biggest deal in history,” Navarro said on Fox & Friends Monday. “Great day for America. Great day for North America.” The deal is valued at $1.2 trillion and will “turn this hemisphere into a ...

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Watch: President Trump delivers remarks on U.S. – Mexico – Canada trade agreement

President Donald Trump delivers remarks about the U.S. – Mexico – Canada Agreement on trade in a Rose Garden speech Monday morning. Canada agreed to join the U.S. – Mexico Trade Agreement thereby replacing NAFTA with the newly negotiated terms. The speech is scheduled to begin at 11:00 a.m. ET.

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UN Makes Buying ‘Made in the USA’ As Hard As It Can Get

Did you know that before you even wake up in the morning you are subsiding profits to Chinese companies? It has to do with how our country levies shipping costs for products shipped from China. The fact is, shipping costs for products shipped by China into the United States are tantamount to nothing. Without ever buying a single item online ...

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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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