• Unemployment Is Low and the Economy is Booming, so Why Is Trump Looking for More Trade Wars?

    13 days ago - By Fortune

    The public comment period for President Donald Trump's proposed new round of tariffs on Chinese goods-worth an escalation-tastic $200 billion this time-ended Thursday. That means the 25% levies could start to hit any time now, although Bloomberg reports that big American tech companies and retailers have been making a last-minute effort to change the president's mind.
    Companies such as Cisco and Hewlett-Packard say tariffs on Chinese networking equipment will ultimately make it more expensive for American consumers to access the Internet. The National Retail Federation says manufacturers...
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  • It looks like Trump has found the next big target in his trade war - Japan

    It looks like Trump has found the next big target in his trade war - Japan

    13 days ago - By Business Insider

    President Donald Trump is reportedly set to involve Japan in his trade war, saying he will make the world's third-largest economy "pay."
    According to a report from the Wall Street Journal late on Thursday, Trump indicated to reporter James Freeman that he is ready and willing to hit Japan with tariffs.
    Japan imported over $40 billion of cars into the US last year.
    The report comes as the US prepares to impose fresh tariffs on up to $200 billion of Chinese goods.
    US President Donald Trump may not be entirely done with his trade war against China, but it looks as though he already has...
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