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Trade deal

This tag is associated with 4 posts

White House adviser Navarro says China trade deal is ‘over’


White House trade adviser Peter Navarro said on Monday the trade deal with China is “over,” and he linked the breakdown in part to Washington’s anger over Beijing’s not sounding the alarm earlier about the coronavirus outbreak. “It’s over,” Navarro told Fox News in an interview when asked about the trade agreement. He said the … Continue reading

Be sceptical of Trump’s new trade deal with China


As with so many assertions from President Trump, skepticism is in order about his announcement Friday of a “phase one” trade deal with China. Start with the seemingly straightforward issue of exactly what Mr. Trump got in return for reducing some U.S. tariffs on Chinese imports and forgoing others that were set to take effect … Continue reading

Stocks hit record on report that White House has reached China trade deal


Wall Street’s main indexes hit record highs on Thursday following news that the United States had reached a “deal in principle” with China to resolve a trade war that has rattled markets for nearly two years. Stocks were boosted in the morning when President Donald Trump tweeted that the United States was close to a … Continue reading

Donald Trump should cancel China trade deal and raise tariffs


President Trump said last week that it may be better to wait until after his reelection to complete a trade deal with China. As a scheduled increase in tariffs on China approaches on December 15, Trump should stick with this instinct: he doesn’t need a deal and shouldn’t throw a lifeline to the Chinese Communist … Continue reading

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