• Why Trump's Intense Focus on the Trade Deficit Could Cost the Economy in the Long Run

    2 monthes ago - By NY Times

    The latest China trade talks defused a potential trade war, and promise a boost for American agriculture and energy, but at the cost of industries of the future.
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  • China Cuts Tariffs On Autos, Possibly Easing Trade Tensions With U.S

    China Cuts Tariffs On Autos, Possibly Easing Trade Tensions With U.S

    2 monthes ago - By NPR

    China is cutting tariffs on vehicles from the U.S. and other countries after President Trump railed against the imbalance in trade tariffs. The cuts could help German automakers as well as Tesla.
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  • Wall St erases gains on Trump's China trade talk comments

    2 monthes ago - By Reuters

    Wall Street gave up earlier gains and were little changed on Tuesday afternoon after U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit.
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  • Infighting among Trump's top advisers led to a negotiating disaster on the China trade deal

    Infighting among Trump's top advisers led to a negotiating disaster on the China trade deal

    2 monthes ago - By Business Insider

    President Donald Trump's key economic advisers reached a rough trade agreement with Chinese negotiators on Saturday.
    The deal lacked key details and commitments from the Chinese, which drew criticism.
    According to a new report, infighting among Trump's advisers, including Steven Mnuchin, Peter Navarro, Larry Kudlow, and Robert Lighthizer, hurt the team's negotiating stance.
    Trade analysts say the end result displays key errors by the Trump team.
    The trade deal reached by the Trump administration and the Chinese government on Saturday has been blasted by liberals and conservatives alike...
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  • The single, most important reason why Trump's trade showdowns with China will keep ending in tears

    The single, most important reason why Trump's trade showdowns with China will keep ending in tears

    2 monthes ago - By Business Insider

    Trump just went toe to toe with China on trade and he was handed an embarrassing loss.
    That is largely because Trump's team never had the leverage to get China to put aside some of its fundamental economic goals in the first place.
    They might have had they approached China with a bunch of allies, like say in a regional trading block. Neat idea, no?
    The only way to counter China's aggressive trade action is to do so multilaterally, the way Barack Obama envisioned it. Anything else is going to end in tears, and that's what we've been witnessing over the past week.
    No need to mince words...
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