The economy is on everyone’s mind this week as fears about a possible recession continue to capture headlines. Now, the Bureau of Labor Statistics has released some revised employment numbers showing 500,000 fewer jobs were created than initially reported.
China said on Thursday it hopes the United States will stop its wrong tariff action, adding that any new tariffs would lead to escalation.
Mexican tomato producers struck a last-minute agreement with the Trump administration to avert an anti-dumping investigation and end a tariff dispute that has rumbled on for months, government officials said on Wednesday.
Christian publishers are rejoicing after the Bible has been exempted from President Trump’s looming tariffs on Chinese goods.
President Trump said he was ‘not ready’ to make a deal with China on trade and that a planned September meeting between White House officials and Beijing could be called off.
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets.
The U.S. just unveiled $16 billion more in federal aid for agriculture. Farmers were of course happy for the funds, but mainly, they want an end to Donald Trump’s trade wars.
Top U.S. and Chinese negotiators will meet face-to-face next week for the first time since Presidents Donald Trump and Xi Jinping agreed to revive talks to end their year-long trade war.
U.S. and Chinese officials spoke by telephone on Thursday as the world’s two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person talks could follow.
The U.S. budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs.
The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed.
The United States could hit European Union products with $4 billion (€3.5 billion) in tariffs according to a statement on Monday.
The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.
U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree.
Representatives for major American Bible publishers met with the U.S. International Trade Commission on Tuesday and Wednesday, hoping to apprise the Trump administration of potential effects on Bible manufacture in the US-China trade war.
U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China’s President at a Group of 20 summit later this month.
The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants.
‘Not nearly enough’ progress was made in a discussion between Vice President Mike Pence and Mexican Foreign Minister Marcelo Ebrard Wednesday, according to President Trump, who decided last month to place a 5% trade tariff on all Mexican goods entering the US until Mexico stems the tide of migrants coming through its northern border.
President Trump said Thursday that while trade negotiations remain ongoing with China, his administration was preparing ‘at least’ $300 billion in new tariffs on their goods if the talks fall apart.
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at averting an imposition of tariffs on Mexican goods, with President Donald Trump saying ‘not enough’ progress on ways to curb migration was made when the two sides met on Wednesday.