Trump announces $11B in tariffs on EU goods

ㅤ"The administration late Monday released a list of about $11 billion worth of EU imports that will be affected by the tariffs as retaliation for EU subsidies to aircraft manufacturer Airbus deemed unfair by the WTO."

Full story at The Hill. Posted here on 4/10/19. See "tariffs, eu, airbus."

No New Tariffs: Trump Wins Trade War With China

ㅤ"Xi agreed to immediately begin buying more agricultural products from American farmers, along with a pledge to purchase more industrial and energy products. While the specifics of the trade agreements have not been announced, the White House says the deal will help correct the trade imbalance between China and the U.S. Xi has also agreed to a number of cybersecurity and property theft concessions
ㅤAdditionally, China has also agreed to label the opioid fentanyl as a controlled substance, making anyone who sells fentanyl to the U.S. subjected to harsher penalties under Chinese law. The labeling will help the federal government as it fights an historic death rate from opioid overdose."

Full story at The Daily Caller News Foundation. Posted here on 12/2/18. See "china, tariffs, trade deals."

Majority of Likely Voters: Create U.S. Jobs Through Tariffs, Not Free Trade

ㅤ"The poll comes as economic nationalism has swept across the American electorate, with a similar poll revealing last month that 6-in-10 midterm voters support Trump’s tariffs on foreign imports, designed to protect American jobs and industry while forcing multinational corporations to bring manufacturing back to the U.S."

Full story at Breitbart. Posted here on 10/19/18. See "economic nationalism, tariffs, free trade."

Trump Tariffs Win Higher Wages for Michigan, Minnesota Steelworkers

ㅤ"The 1,850 American steelworkers who are set to see wage increases are based in the Upper Peninsula of Michigan’s Tilden and Empire mines and the United Taconite and Hibbing Taconite mines in Iron Range, Minnesota.
ㅤThe wage increases were only made possible as the iron, steel, and overall metals industry has seen a boom after President Trump enacted a 25 percent tariff on imported steel and a ten percent tariff on aluminum.
ㅤCleveland Cliffs executives are so supportive of Trump’s tariffs on imported products that they have launched an ad campaign talking up the benefits the economic nationalist agenda has brought for American workers and the metal industry.
ㅤIron Range, Minnesota — which was devastated by multinational free trade deals — has been revitalized by the Trump tariffs. A local report this month noted how small businesses in Iron Range are seeing employment booms and a growing economy thanks to the strong production of the iron mines in the region."

Full story at Breitbart. Posted here on 10/12/18. See "tariffs, steelworkers, wages."

Bloomberg: Trump Tariffs Not Costing U.S. Jobs as Free Traders Claimed

ㅤ”For the last year, free trade organizations, the Chamber of Commerce, and the establishment media has claimed that Trump’s 25 percent tariffs on imported steel and ten percent tariff on imported aluminum would cost hundreds of thousands of jobs.
ㅤThis year, the free trade apparatus claimed that there would be 430,000 American jobs wiped out by Trump’s tariffs. Now, free traders admit that the tariffs have not cost the U.S. any jobs.
ㅤA Bloomberg Businessweek report by Peter Coy notes that not only have Trump’s tariffs on imported metals not cost Americans their jobs, but they have also actually had the opposite impact, spurring job growth in the metal industry and manufacturing.”

Full story at Breitbart. Posted here on 10/12/18. See “tariffs, jobs, manufacturing, conservative.”

Ford Motor Executives Admit Trump Tariffs will Be Absorbed by Company, Not Consumers

ㅤ"American voters, by a majority, support Trump’s tariffs as well despite the Democrat and GOP political establishments opposing the President’s economic nationalist agenda. A recent poll found that 63 percent of midterm voters said they either support the protective tariffs or would like to give them more time to work."

Full story at Breitbart. Posted on 9/28/18. See "ford, tariffs."

Fed Chair Jay Powell: Tariffs Aren't Hurting the Economy or Raising Consumer Prices

Pictured: Fed chairman Jay Powell

ㅤ"The Fed’s projections for economic growth showed that monetary policymakers see the economy growing even faster than they had projected earlier, despite the U.S. having announced tariffs on steel, aluminum, and $250 billion worth of Chinese goods. Projections for inflation show price levels are expected to gradually rise."

Full story at Breitbart. Posted on 9/26/18. See "the fed, tariffs, jay powell."

Trump may impose $200 billion tariffs on Chinese imports as early as next week: report

ㅤ"President Trump may move to impose tariffs on $200 billion in Chinese goods right after the public comment period closes on Sept. 6, Bloomberg News reported.
ㅤHowever, some people cautioned that Trump has not yet made a final decision, and could enact the duties in installments, according to Bloomberg.
ㅤTrump also could announce the tariffs next week, but impose them at a later date."

Full story at The Hill – 8/30/18. See "china, tariffs."

Trump: ‘Tariffs Are The Greatest! Everybody’s Talking!’


ㅤô¿ô …Apparently Conservatism has its share of intellectuals who need to go back to the Elementary School of Common Sense, and Shapiro is one of them.
ㅤOur trade situation with China is like purchasing an automobile where China is the auto dealer and the USA is the buyer. Any buyer who thinks they will actually come out ahead in a deal for their car is a moron. The only way to win is to not buy the car. But I forgive Shapiro. Conservatism has so few heroes.ㅤ

Full story at Ben Shapiro’s Daily Wire, image from dailywire(.com) – 7/24/18. See "ben shapiro, tariffs, conservative, politics."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

Trump: ‘Ready to go’ with $500 billion in tariffs on China


ㅤ"President Trump said in an interview with CNBC that the U.S. is ‘down a tremendous amount’ in terms of trade with China, saying that China ‘can’t match us because otherwise we’re always going to be behind the eight ball.’
ㅤ’I’m not doing this for politics. I’m doing this to do the right thing for our country. We have been ripped off by China for a long time, and I told that to President Xi [Jinping],’ the President said.’"ㅤ

Full story at The Hill, image from dailycaller(.com) – 7/20/18. See "china, tariffs, trade."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

U.S. tariffs take effect; China announces retaliation

Pictured: Chinese investors use computer terminals as they monitor stock prices at a brokerage house in Beijing, Friday, July 6, 2018.

ㅤ"Washington imposed 25 percent tariffs on $34 billion worth of Chinese imports, a first step in what could become an accelerating series of tariffs.
ㅤRetaliatory measures ‘took effect immediately,’ said a Chinese foreign ministry spokesman, Lu Kang. Hu gave no details, but the Communist Party newspaper People’s Daily said the customs agency was carrying out a plan announced last month to impose 25 percent tariffs on a $34 billion list of American goods including soybeans, pork and electric cars."ㅤ

Full story at The Washington Times, image from washingtontimes(.com) – 7/6/18. See "tariffs, china."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

China trade war kicks off: GOP base backs Trump's get-tough tariffs

Pictured: President Donald Trump speaks during a rally at the Four Seasons Arena at Montana ExpoPark, Thursday, July 5, 2018, in Great Falls, Mont.

ㅤ"The President said Thursday that the 25 percent tariff on $34 billion worth of Chinese goods was just the beginning of his crackdown. Higher duties would hit another $16 billion worth of goods in two weeks, telling reporters en route to a rally in Montana he is prepared to considered another $500 billion in trade duties on Chinese goods if Beijing refuses to compromise. ‘It’s only on China,’ said the President."ㅤ

Full story at The Washington Times, image from washingtontimes(.com) – 7/5/18. See "china, trade war, tariffs."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

McConnell: Bill reining in Trump's tariff powers 'an exercise in futility'


ㅤ"Senate Majority Leader Mitch McConnell (R-Ky.) signaled on Wednesday that he will not support legislation reining in President Trump’s tariff authority and that the President will not sign such a bill.
ㅤ’Yeah, I don’t think we need to be trying to rein in the President through legislation. No. 1, it would be an exercise in futility because he wouldn’t sign it,’ McConnell told SiriusXM when asked if he opposed the bill.
ㅤMcConnell was asked about legislation, spearheaded by GOP Sen. Bob Corker (Tenn.), that would require Trump to get congressional approval for any tariffs invoked under the national security sections of the trade law, known as Section 232."ㅤ

Full story and video at The Hill, image from thehill(.com) – 6/6/18. See "tariffs, mcconnell, mitch mcconnell."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

Donald Trump plans to go ahead with steel, aluminum tariffs on EU


ㅤ"The tariffs are likely to go into effect on the EU with an announcement before Friday’s deadline, according to two people familiar with the discussions. The administration’s plans could change if the two sides are able to reach a last-minute agreement, said the people, who spoke only on condition of anonymity to discuss internal deliberations."ㅤ

Full story at The Washington Times, image from harwalshop(.com) – 5/31/18. See "tariffs, eu, steel, aluminum."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

Trump to impose 25% tariffs on 'industrially significant technology' from China

Pictured: Aerial view of Beijing with historical architecture, China

ㅤ"The 25 percent tariffs will include goods related to the ‘Made in China 2025’ program, the announcement said. The final tariff list will be published June 15."ㅤ

Full story at The Washington Examiner, image from carbonbrief(.org) – 5/29/18. See "tariffs, trade war."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

Trump Admin Launches Investigation Into Foreign Car Imports That May Have ‘Eroded’ US Industry

Pictured: The original first-generation Toyota Corolla, offered until 1970.

ㅤ"Commerce Secretary Wilbur Ross said that the major goal of the probe would be to determine if foreign imports are ‘weakening our internal economy’ and ‘impair national security.’"ㅤ

Full story at Tucker Carlson’s Daily Caller, image from autoweek(.com) – 5/24/18. See "tariffs, auto industry."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

China lowers car tariffs, Washington eyes lift of ban on ZTE


ㅤ"China announced Tuesday a reduction in tariffs on cars and car parts, keeping a pledge Beijing made to appease President Trump’s demand for a fairer trade relationship."ㅤ

Full story at The Washington Times, image from marfeel(.com) – 5/22/18. See "china, trump administration, tariffs."ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

Donald Trump breaks from conservative policies, reshapes GOP

Pictured: David McIntosh, president of Club for Growth

ㅤ”‘The key part of any Republican or conservative group right now is to support the conservative policies of the President and to make it clear they are going to fight the liberal Democrats who want to take him out and eliminate it,’ said Mr. McIntosh.”ㅤ

Full story at The Washington Times, image from brightspotcdn(.com) – 5/13/18. See “david mcintosh, club for growth, trump, tariffs, immigration.”ㅤHome

Tap the text label. Browser may not support all shares.ㅤ
Share Tweet Mail Options

BLINK: After Trump Tirade, China Pledges To 'Significantly' Lower Tariffs, Protect Intellectual Property


ㅤ"President Trump last week raged about China’s high tariffs against American products. The Mainstream media breathlessly predicted a devastating trade war — one the MSM gleefully declared the U.S. would lose — and said the aggressive move would devastate the stock market. Neither happened. In fact, the exact opposite occurred.
ㅤOn Tuesday, Chinese President Xi Jingping announced plans to ‘open’ China and vowed to ‘significantly’ lower tariffs on automobile imports from the U.S."…

Full story…at The Daily Wire, image from dailywire(.com) – 4/10/18. Tags: xi jingping, china, trade war, tariffs. 𑗉

ㅤ Tap only the text label. Your browser may not support all shares.
Share Tweet Mail Front Options

U.S., South Korea agree to new trade deal

U.S., SOUTH KOREA AGREE TO NEW TRADE DEALp27article222317wp.png

ㅤ”‘This is both a good deal for both countries and a very big deal in the history of U.S. trade negotiations,’ said a senior administration official who briefed reporters on the deal. ‘This agreement is visionary and innovative, and underscores a pattern of failure by previous administrations to negotiate fair and reciprocal trade deals that benefit both countries.’
ㅤThe U.S.-Korea Free Trade Agreement or KORUS has long vexed U.S. auto and auto parts industry because of caps on American cars sold in Korea and other barriers to entering the market.
ㅤMr. Trump, who made fixing bad trade deals a cornerstone of his 2016 Presidential campaign, has blasted the existing trade deal with South Korea as ‘horrible.’
ㅤThe makeover of KORUS is the first major renegotiation of a trade deal in U.S. history. The official said it is also a template for how Mr. Trump will broker better deals for American business and workers.'”

Full story at The Washington Times, image from marfeel(.com) – 3/27/18. Tags: south korea, tariffs, koran. 𑗉

Share Tweet Front Options

White House: Trump will delay steel tariffs for EU, six countries


ㅤ”The President authorized an exemption for Argentina, Australia, Brazil, Canada, Mexico, South Korea and all 28 EU member countries while the U.S. negotiates long-term plans with foreign leaders from each country and the European body.
ㅤThe President will decide by May 1 whether to extend each exemption depending on the status of those talks, the White House said.”

Full story at The Hill, image from reliance-foundry(.com) – 3/23/18. Tags: tariffs, steel, aluminum. 𑗉

Share Tweet Front Options