U.S.-EU Trade Talks Stumble, Threatening New Trade War Front

Even though President Donald Trump held fire earlier this month on auto tariffs that have the potential to further roil Europe’s struggling economy, a litany of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun.

No easy options for China as trade war, U.S. pressure bite

China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a challenge to China’s state-led economic model.

Trump ratchets up tariff threat after talks show no progress

U.S. President Donald Trump on Friday ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China, underscoring a lack of progress by U.S. and Chinese negotiators in talks aimed at ending an escalating trade war.

US-China trade talks to continue into Friday

Trade talks between the U.S. and China are expected to continue on into Friday despite the Trump administration’s plans to hike tariffs on virtually all Chinese goods to 25% at midnight Thursday. The extension indicates the sides still think they can reach an agreement, even after missing Thursday’s deadline.

Trump’s NAFTA replacement hits snag in Congress

President Donald Trump’s trade deal with Canada and Mexico have hit roadblocks in Congress, with a key Republican calling for an end to tariffs on the countries while the Democrats demanded stronger worker protection language.

Trump: US to Put Tariffs on $11B in EU Goods

President Donald Trump says the United States will impose new tariffs on more than $11 billion worth of exports from the European Union, after the World Trade Organization ruled last year the EU was illegally subsidizing aircraft maker Airbus.

Trump hints at possible compromise in Chinese tariffs

President Trump hinted Friday at a possible compromise in the upcoming trade talks with China: leaving in place tariffs on $50 billion worth of Chinese goods but negotiating on the remaining $200 billion worth of goods currently subject to tariffs.

Worthy Christian News