Globalization

Trump Attacks Canada Over ‘Highly Restrictive’ Trade Tactics

President: Relief from coming tariffs depends on outcome of NAFTA talks<p>The only way for coming steel and aluminum tariffs on Canadian goods to be …

Politics

Top Republican Paul Ryan splits with Trump over trade tariffs

‘We are extremely worried about the consequences of a trade war’ Trump: Canada and Mexico must redraft Nafta or face metals tariffs<p>Republican leader Paul Ryan publicly split with Donald Trump on Monday over the president’s threat to impose tariffs on the US’s trading partners on steel and aluminium.<p>…

Foreign Policy

Trump's tariffs on European cars — a massive own goal?

US President Donald Trump's threat to impose taxes on European cars has sent shivers through the German car industry. Analysts and politicians warn …

Donald Trump

Trump’s tariff threats are actually improving NAFTA negotiations

Donald Trump threw a dynamite stick into the renegotiation of the North American Free Trade Agreement last week, by calling for import tariffs on steel and aluminum. He continued the attack on Monday by suggesting that the only way Canada and Mexico—the US’s NAFTA partners and two of its biggest …

World Economy

Ryan splits with Trump on trade as GOP lawmakers move to block planned tariffs

Republican congressional leaders stepped up their efforts Monday to stop President Trump from implementing global tariffs on steel and aluminum imports, warning that the protectionist move would damage the economy and muddle the party’s message in the run-up to November’s midterm elections.<p>For much …

Politics

Trump’s possible trade war with Canada and Europe, explained

His controversial steel and aluminum tariffs will hit the US’s friends, not China.<p>The White House spent the weekend defending sweeping new steel and aluminum tariffs it plans to impose within days, arguing that they’re vital to bringing down the US trade deficit. US allies spent the weekend …

Politics

The Chicken Littles Are Hammering Trump on Trade, but Charles Payne's Truth Bombs Blow Their Theories to Smithereens

Posted: Mar 05, 2018 7:12 AM<p>President Trump’s Thursday decision to begin the process of keeping his campaign promise to protect the American …

World Economy

China is threatening to fire back at the US in Trump's new trade war

Trump is on the verge of starting a trade war — and China isn't taking it lying down.<p>China's National People's Congress spokesperson Zhang Yesui has threatened to retaliate to the US president's proposed new tariffs on steel and aluminium, according to reports by the BBC, Voice of America, and …

U.S. Politics

Asia Markets Climb, U.S. Stock Futures Edge Cautiously Higher

Stocks in Asia showed signs of revival early Tuesday, after days of declines, while U.S. stock futures edged higher in overnight trade.<p>In Tokyo, the …

Stock Markets

'A very dangerous moment': Pro-Trump economist fears president's impulsive trade war will spiral out of control

Trump-backing conservative economist Stephen Moore on Monday sounded the alarm on a potentially devastating trade war that could take place if Canada …

Liberal View

Trump Says He’ll Only Drop His Steel Tariffs If Canada and Mexico Renegotiate NAFTA. Bad Move.

When Donald Trump announced his intent to slap new tariffs on foreign steel and aluminum last week, critics were quick to point out that the biggest …

Donald Trump

AP FACT CHECK: Trump trade arguments miss the mark

WASHINGTON (AP) — President Donald Trump offers an incomplete picture of American trade and overlooks the risks involved in starting a trade war. Here's a look at his recent comments on trade as he prepares to impose big tariffs on imported steel and aluminum:<p>TRUMP: "The United States has an $800 …

Finance

Is it too late for Iowa Republicans to undo Trump's mistakes on trade?

CLOSE<p>U.S. Senator Lindsey Graham on Sunday joined the ranks of Republicans warning President Donald Trump his threats to tax imports of steel, …

Donald Trump

With Friends Like These: Trump’s Tariffs Hurt Asian Allies

With friends like these ...<p>Asia-Pacific nations weighing whether to tie their fortunes to China’s economic juggernaut or stick with the U.S. have a …

Economics

How Trump's 'Trade War' Could Impact Maritime Trade

Trump announced on Thursday that he would be imposing sizable tariffs on steel and aluminum.<p>Friday morning he doubled down on this move by tweeting …

Business

GOP Lawmakers to Trump: Your Tariffs Could Crush Us in the Midterms

Inside and out the administration, a campaign is underway to get the president to reverse course.<p>Just days after the president announced in a …

Politics

Congress can, and should, stop Trump from starting a trade war

House Speaker Paul Ryan is very concerned about President Donald Trump's proposal to impose tariffs on steel and aluminum.<p>"The speaker is hoping the president will consider the unintended consequences of this idea and look at other approaches before moving forward," a Ryan spokesman told Reuters on …

U.S. Politics

Germany to Trump After Steel Tariffs Announcement: Let’s Talk

Germany’s new government will make averting a trade war with the U.S. an immediate priority and talks are the key to finding a solution, a top …

Automotive Industry

Sweden's steel industry stays confident despite Trump tariffs on imports

Bo-Erik Pers, managing director for Sweden’s steel industry trade body Jernkontoret, believes that US industry will be harder hit by the heavy …

The Arctic

Trump has announced massive aluminum and steel tariffs. Here are 5 things you need to know.

President Trump has reportedly decided to impose new tariffs of 25 percent on imports of steel and 10 percent on imports of aluminum. This comes …

World Trade Organization

Five US jobs will be lost for every new one created by Trump’s steel tariffs

The across-the-board tariffs on steel and aluminum that Donald Trump announced last week would result in a net loss of 146,000 US jobs, even before the impact of any retaliatory tariffs from trading partners are figured in, according to a Washington, DC-based economic consulting group.<p>“Steel and …

Donald Trump

Frustrated White House free traders mount campaign to weaken Trump tariffs

After months of internal fights, economic adviser Gary Cohn and others are hoping outsiders can convince the president to water down his proposed duties on steel and aluminum.<p>Since President Donald Trump announced plans last week to hit steel and aluminum imports with new tariffs, his trade adviser …

Donald Trump

Trump's boasts aside, trade wars typically leave no victors

WASHINGTON (AP) — Trade wars generate no medals, monuments or military parades. But they do tend to leave a lot of economic wreckage, often hurt the very people they're meant to help and can fracture diplomatic relations among allies.<p>After announcing plans last week to slap taxes on imported …

Finance

Facebook says it mistakenly asked users for views on grooming

In today’s episode of ‘wtf was the tech industry thinking’, Facebook has been caught asking users if they think it’s okay for an adult man to ask a 14-year-old girl for “sexual pictures” in a private chat.<p>The Guardian reported that Facebook ran the survey on Sunday asking a portion of its users how …

Internet

‘Trade wars are good’? 3 past conflicts tell a very different story

President Donald Trump renewed fears of a global trade war after he vowed to slap steep tariffs on foreign aluminum and steel.<p>The tariffs haven’t …

World Economy

Global trade tension trouble Germany’s stock market

The threat of a global trade war has created a new headwind for a German stock market full of multinational companies, leaving the benchmark Dax …

Stock Markets

The Problem With U.S. Tariffs On Steel And Aluminum That No One Is Talking About

The preliminary U.S. decision to apply 25% tariffs on steel imports and 10% tariffs on aluminum imports has been met with widespread apprehension by proponents of the rules-based multilateral trade system. Critics of the U.S. action have enumerated a number of reasons for concern, including the …

China

Paul Ryan 'Worried About the Consequences of a Trade War'

Spokeswoman says speaker doesn't want to jeopardize gains of new tax law with tariffs<p>Speaker Paul D. Ryan is urging President Donald Trump to …

Politics

US trade representative says progress slow at NAFTA talks

The U.S. trade representative says agreement was reached on only three chapters of the North American Free Trade Agreement during the latest round of …

Business

Grover Norquist: Trump is a master negotiator, but he better be careful not to overplay his hand on trade

Anti-tax crusader Grover Norquist told CNBC on Monday he hopes President Donald Trump is only threatening steel and aluminum tariffs as a negotiating …

World Economy