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imports

Prices of Imports from China Fell Again in April

The prices of Chinese goods imported to the U.S. fell in April by 0.1 percent after holding steady in March. Prices are down 1.1 percent over the past twelve months. Import prices reported by the Labor Department do not include

Mark Schiefelbein, AP

Wilbur Ross: ‘Economic Security Is Military Security’

“I don’t blame the foreign countries. They’re doing what is best for them. The stupidity is that we’ve let ourselves get into this box of extremely low [tariff] rates. We gave it away unilaterally,” Ross said.

Europe fears trade dispute escalation as US weighs auto tariffs

Trump Orders Investigation into National Security Threat of World Aluminum Excess

WASHINGTON, D.C.–On Thursday President Donald Trump signed a memorandum highlighting the importance of a new Department of Commerce investigation into aluminum imports to the U.S. and the threat to national security in light of global overcapacity and increasing U.S. military demand for high quality aluminum.

-aluminum manufacture APDaniel R. Patmore

President of Mexico wants to Negotiate that “Wall”

Although Donald Trump’s election was shocking to the Mexican government, President Enrique Pena Nieto was one of first world leaders to congratulate President-elect Trump and seems ready to negotiate a new economic deal to prevent a trade war.

Mexico

Iran’s Khamenei: ‘The Americans Cannot Be Trusted’

Iran’s Supreme Leader Ayatollah Ali Khamenei reiterated his distrust of the United States to the Iranian people on Monday and called for Iran to be self-sufficient in order to prevent reliance on Western powers.

Office of the Iranian Supreme Leader via AP