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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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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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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