The Turkish lira took a nosedive on Friday as Turkish President Recep Tayyip Erdogan decisively lost the first battle in his “economic war” against the United States.
The latest broadside fired by China in its trade war with the United States was a list of $16 billion in American imports subjected to a 25 percent retaliatory tariff. One major item that was supposed to be on the list was quietly removed: oil. Analysts wonder if this conspicuous omission is a sign China is blinking in its economic staredown against the Trump administration.
Several sources close to the Chinese government said an escalating trade war with the United States is creating serious divisions in Beijing, all the way up to the office of the seemingly unassailable President Xi Jinping, according to a Reuters report Thursday.
A very noticeable increase in security on the streets of Beijing’s financial district was reported on Monday. Chinese social media buzzed with video clips of unhappy investors loaded into buses and carted away by the police.
Columnist and author David P. Goldman discussed the trade war with China with SiriusXM hosts Rebecca Mansour and Joel Pollak on Tuesday’s Breitbart News Tonight. Although he is a supporter of President Donald Trump and believes China presents “the most dire problem we face in the world,” he warned the administration may be underestimating China’s economic strength.
Don Luskin, chief investment officer at Trend Macrolytics LLC, joined SiriusXM host Rebecca Mansour on Monday’s Breitbart News Tonight to discuss his recent Wall Street Journal op-ed, “China Is Losing the Trade War with Trump.”
California farmers welcomed the Trump administration’s announcement Tuesday of a $12 billion agricultural relief package, but are still anxious about the impact and duration of a trade war.
Jamie Dimon, the bank’s chief executive, said that trade war talk was more about “psyche” than “economics.”
Reuters contended on Wednesday that Chinese media coverage of the trade dispute with America has been relatively muted, and it was by design because the government has instructed its media outlets not to say anything that would enrage U.S. President Donald Trump.
China’s Commerce Ministry warned on Thursday that new American tariffs amount to the United States “opening fire on the entire world, including itself” in a trade war.
BRUSSELS (AP) — The European Union started enforcing tariffs Friday on American imports like bourbon, peanut butter and orange juice, part of a growing global trade rift that’s likely to intensify over the next few weeks. The EU tariffs on
The only thing that’s sure about the shifting U.S.-China trade relationship is that it is shifting rapidly. However, underneath the shifts, there’s an unshifting reality: the economic and strategic threat from China. And the fate of a city in Brazil serves as a parable as to what could be looming.
The European Union (EU) will retaliate against President Donald J. Trump’s metal tariffs by July, with €2.8 billion (£2.5bn) of levies on U.S. key exports, designed to do maximum damage to iconic American brands.
U.S. President Donald J. Trump’s steel and aluminium tariffs are “illegal”, France and Germany have claimed, as the protectionist European Union (EU) moves to introduce harsh retaliation measures.
All the sound and fury over tariffs and retaliation was met with a very small decline in major stock market indexes.
“It is simply ridiculous to view any trade with Canada as a national security threat to the US and we will continue to stand up for Canadian workers & Canadian businesses,” Canada’s prime minister said in a tweet.
President Donald Trump wants to use trade policy to squeeze German carmakers so that there are no Mercedes-Benz models driving down New York City’s Fifth Avenue, according to a German magazine citing unnamed U.S. and European diplomats.
Washington-Wall St. Swamp creatures in the West Wing are selling out working America.
President Donald J. Trump signaled a victory with China on trade as threatened tariffs from both countries were put on hold as negotiations continue.
California winemakers that have enjoyed an export boom were relieved that China chose to avoid a trade war by giving President Trump a victory in first-round trade negotiations.
Washington Post columnist Jennifer Rubin writes in her latest column that House Speaker Paul Ryan must “recover his soul” by pushing an amnesty for millions of illegal aliens and by stopping President Trump’s pro-American worker tariffs.
“The golden opportunity for Chinese start-ups to ‘go Latin’ may have arrived,” China’s state-run Global Times declared on Tuesday, pointing to the enormous increase in Chinese trade with Latin America over the past two decades and China’s promise to invest $250 billion in the decade to come.
As House Speaker Paul Ryan (R-WI) announced that he will retire from public office after his last term in the House, the leader of the globalist wing of the Republican Party is set to leave behind a legacy that ignored
Rep. Steve King (R-IA) expressed worries of escalating Chinese tariffs on American exports during a Friday interview with host Rebecca Mansour and guest host Frances Martel during SiriusXM’s Breitbart News Tonight.
Steven Mosher, president of the Population Research Institute and author of Bully of Asia: Why China’s Dream is the New Threat to World Order, talked about China’s long-running trade war against the United States with SiriusXM hosts Rebecca Mansour and Frances Martel on Friday’s Breitbart News Tonight.
Mnuchin described himself as “cautiously optimistic” that a deal to avoid trade barriers could be reached with China, in part because Trump and Chinese President XI Jinping “have a very good relationship.”
Free traders — myself included — will have our turn. But for now, the debate has changed. When in a trade war, we must win.
So what happened to the dreaded trade war? Either trade wars are not as bad for stocks as many of the market pundits believe or perhaps investors are not as worried that tariffs will lead to all-out trade combat.
White House Economic advisor Larry Kudlow reacted to the stock market jitters following China’s decision to levy tariffs on American products in response to President Donald Trump’s tough actions on China.
“We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S.,” President Trump wrote on Twitter on Wednesday.
China retaliated Monday against President Donald Trump’s $60 billion of tariffs with just $3 billion of tariffs on mostly fruit, wine, nuts and pork.
China imposed tariffs on U.S. farm goods and other commodities, making good on its promise to retaliate against the Trump administration’s penalties on imports of steel and aluminum.
Economist and Asia Times columnist David P. Goldman joined SiriusXM hosts Rebecca Mansour and Joel Pollak on Monday’s Breitbart News Tonight to discuss President Donald Trump’s trade negotiations with China and other Asian nations.
Trump is starting a trade war, scream the headlines. But a closer look reveals that the President is simply trying to recover some of the losses suffered over the years by American companies at Beijing’s hands.
“If somebody imposes a trade war on China, we’ll fight to the end,” China’s ambassador to the U.S. said on state television.
Trump put the proposed tariffs of ten percent on aluminum and 25 percent on steel in the context of NAFTA, working with Mexico and Canada to renegotiate the free trade deal.
China has signaled significant changes to its top diplomatic lineup due to growing tensions with the Trump administration over trade issues and intellectual property theft. The changes also appear consistent with President Xi Jinping’s effort to consolidate power by installing friends and loyalists in important positions.
Commerce Secretary Wilbur Ross defended Donald Trump’s tough stance on trade, warning the world that he was ready to fight.
Following his meeting with President Donald Trump, Japanese Prime Minister Shinzo Abe announced that he will freeze the assets of 35 North Korean entities in response to the country’s escalating nuclear crisis.
David P. Goldman salutes his friend Steve Bannon – the former White House strategist now returned home to Breitbart News – for his perspective on the threats posed by North Korea and China. Goldman argues the world owes Bannon thanks for heading off a military confrontation with North Korea, but warns a longer, colder struggle against China is the “main event.”
