In August, China’s trade surplus with the United States grew to a new record which is sure to “add fuel to the trade war fire.†Customs data released over the weekend showed that the U.S. trade deficit with China was a record $31.05 billion in August, an increase from $28.09 billion in July, and exceeding…
According to the Washington Post, President Donald Trump is not backing down from his outrageous plans to impose massive tariffs on U.S. trading partners even though he is facing threats of retaliation from all of them. On Friday the European Union filed a 10-page submission with the United States Commerce Department warning the United States…
One thing lost in all the bad news for Donald Trump over the past week has been the looming trade war with China which has been called a “ticking time bomb” that is set to explode later this summer. However when it comes to the actual impact on people’s lives — especially millions of Trump…
On Tuesday President Donald Trump said that he would go ahead with his plan to impose $50 billion in tariffs on imports from China, and also implement new rules concerning limits on the investment by Chinese companies in U.S. high-technology industries. Â The plan was rolled out by the president as part of his sweeping efforts…
