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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Trump’s Steel Tariffs Protect National Security, End $8 Billion in Foreign Aid Annually to Canada, Mexico, South Korea and Brazil

By Robert Romano   President Donald Trump is keeping the promise he made in 2016 and is protecting the American steel industry, instituting a 25 percent tariff across the board on steel imports. No nations are excluded. The move comes as the U.S. imported 34.5 million metric tons from around…

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US Subsidiary of South Korea’s LG Will Increase Washing Machine Prices Due to US Tariffs

The US subsidiary of South Korea’s LG Electronics warned retailers on Wednesday that it will raise prices of its washing machines following import duties imposed by the Trump administration this week. It was the first concrete reaction to the trade measures announced this week that have angered US trading partners.…

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