Commentary: From Currency Manipulation to Intellectual Theft and More, Always Remember China Cheats

by Rick Manning   China cheats. All of those who get worked up over negligible increases in U.S. tariffs on Chinese made goods, please remember this basic fact – China cheats. China manipulates their currency by artificially pegging it well below the dollar, and devaluing it further to offset tariff…

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US-China Trade Dispute Triggering Production Exodus

by Joyce Huang   U.S. tech giant Apple has reportedly asked its major suppliers, mainly China-based manufacturers from Taiwan, to consider moving 15 to 30% of their production outside of China to avoid higher tariffs imposed on U.S.-bound exports. The production migration, which analysts say is already ongoing,will hurt the…

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US Treasury Chief: Trump ‘Perfectly Happy’ to Tax More Chinese Imports

  Treasury chief Steven Mnuchin said Sunday that President Donald Trump would be “perfectly happy” to tax more imports from China if the U.S. leader cannot reach a trade deal with Chinese President Xi Jinping when they meet later this month. “We made enormous progress, I think we had a…

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Experts: Tariffs in the Offing for India as President Trump Wages War on ‘Unfair Trade’

by Michael Bastach   The Trump administration’s decision to rescind trade preferences with India could be a sign that more tariffs are on the horizon, experts say. U.S. trade officials announced Friday the end of special trade treatment on $6 billion worth of goods from India because the country has “not assured…

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Immigration Talks Already Underway as Mexico Rushes to Stave Off Tariff Threat

by Jason Hopkins   Top Mexican government officials are in the United States as they attempt to dissuade the Trump administration from following though on tariff threats. A high-level delegation of Mexican officials, including Foreign Minister Marcelo Ebrard and Economy Minister Graciela Marquez, held a press conference in Washington, D.C., on Monday.…

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Trump: US to Impose Higher Tariffs on Chinese Exports

Donald Trump, Xi Jinping

  President Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump said Sunday on Twitter, “For 10 months, China has been paying Tariffs…

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American Farmers Support Trump Despite Tariffs

by Tim Pearce   American farmers are sticking behind President Donald Trump despite a trade agenda that makes selling produce to foreign countries more difficult and less profitable, Bloomberg reported. The United States’s ongoing trade war with China is a primary concern for U.S. farmers that sell crops, especially soybeans, overseas. While Trump’s view…

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China’s Economy Isn’t What It’s Cracked Up to Be

by Gabriella Beaumont-Smith   China is a rising economic power that will threaten the United States’ place as the world’s biggest economy. At least, that’s the narrative we’ve become familiar with. But does it really hold up? Economists use gross domestic product to measure the size and growth of national…

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Analysis: President Trump Uses the Power of Tariffs to Correct Unfair Chinese Trade Imbalances

President Donald Trump is levying 10 percent tariffs on $200 billion of Chinese goods shipped to the U.S., rising to 25 percent in Jan. 2019, coming atop a 25 percent tariff on $50 billion of goods from China. Trump has warned if China retaliates, another $267 billion of tariffs will follow. On…

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US Solar Projects Surging After Trump Tariffs

by Jason Hopkins   Despite apocalyptic warnings from trade experts, the U.S. solar industry has experienced rapid growth since President Donald Trump enacted tariffs on foreign-made solar panels. When Trump fist announced in January that his administration would impose levies on solar panel imports, leaders in the industry predicted doom…

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China Scrambles To Blunt The Force Of Trump’s Tariffs With Over $100 Billion Injection

Xi Jinping

by Hannah Bogorowski   China’s central bank announced late Sunday that it is planning to unleash nearly 700 billion yuan ($107.5 billion) into the financial system by cutting the amount of cash some banks must hold as reserves by 50 basis points. The People’s Bank of China (PBOC) said on…

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Kudlow: Canadian Prime Minister Trudeau Betrayed Us, ‘Stabbed Us In The Back’

Larry Kudlow

by Robert Donachie   White House economic adviser Larry Kudlow said Sunday that Canadian Prime Minister Justin Trudeau “stabbed” the U.S. “in the back” when he announced his nation will impose retaliatory tariffs against America. President Donald Trump, Trudeau and other leaders of the G7 nations — Britain, Canada, Japan, Italy and…

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