Tag Archives: foreign trade

Trump Denies Lying About Trade To Canadian PM

The Hill reports: President Trump on Thursday insisted that the U.S. has a trade deficit with Canada after he reportedly acknowledged mentioning the deficit to Canadian Prime Minister Justin Trudeau in a meeting without knowing if it the claim was actually true. Trump tweeted that the U.S. does “have a Trade Deficit with Canada” noting that the U.S. has a ...

Read More »

Trump Slaps Up To 50% “America First” Tariffs On Imported Washing Machines And Solar Energy Parts

The Associated Press reports: President Donald Trump is signing a measure Tuesday imposing tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers. The administration says the decision is part of Trump’s pledge to put American companies and jobs first. The administration is imposing an immediate tariff of 30 percent on most imported solar ...

Read More »

Trump Praises China’s “Unfair” Trade Practices, Blames Previous Presidents For Letting Them Get Away With It

The Hill reports: President Trump in China on Thursday blamed past administrations instead of Beijing for “unfair” trade practices, offering a starkly different tone from the rhetoric he used during his campaign. Trump said during an event in Beijing that he does not place blame on China for what he described as “one-sided and unfair” trade practices, noting he gives ...

Read More »

NAFTA And TPP On Chopping Block Today

NBC News reports: President Donald Trump is expected to sign an executive order as early as Monday stating his intention to renegotiate the free trade agreement between the United States, Canada and Mexico, a White House official told NBC News. Eliminating the North American Free Trade Agreement (NAFTA), which was crafted by former President Bill Clinton and enacted in 1994, ...

Read More »

House Rejects Obama’s Trade Bill

Via the Washington Post: President Obama suffered a major defeat to his Pacific Rim free trade initiative Friday as House Democrats helped derail a key presidential priority despite his last-minute, personal plea on Capitol Hill. The House voted 302 to 126 to sink a measure to grant financial aid to displaced workers, fracturing hopes at the White House that Congress ...

Read More »

Think Progress Explains Trade Deal

If you’re uninterested in the Trans-Pacific Partnership, at least you get to see Igor model some jeans.

Read More »