Apple’s CEO Tim Cook announces upwards of $500 billion in new U.S. investments resulting in a projected 20,000 U.S. jobs…
How Will Trump’s Universal and China Tariffs Impact the Economy?…
President-elect Trump has promised to impose steep new taxes on trade, including a 10-20 percent tariff on all imports, at least a 60 percent tariff on Chinese imports, and a 25-100 percent tariff on Mexican imports. At least a dozen estimates on Trump’s proposed tariffs show they will have a harmful effect on the American economy, supporting the standard view among economists that tariffs reduce trade and distort production, leading to lower standards of living…
U.S. Trade Performance Shows ‘Strong Internals’ and ‘Evident Decoupling’ From China…
U.S. trade performance is running on “strong internals,” an economic policy expert told The Epoch Times, adding that last week’s official U.S. trade figures show President Donald Trump’s policies are showing “impressive” signs of decoupling from China. Decoupling is the realignment of trade links, including supply chains, and so reducing America’s reliance on Chinese imports, […]
China Responds: Proposes Targeting 128 U.S. Companies with Tariffs…
Trump Slaps China with Tariffs On Up to $60 Billion in Imports…
President Donald Trump signed an executive memorandum on Thursday that would impose retaliatory tariffs on up to $60 billion in Chinese imports. “This is the first of many” trade actions, Trump said as he signed the memo. The new measures are designed to penalize China for trade practices that the Trump administration says involve stealing […]