Tag: Donald Trump

Tuesday, May 28th 2019 - 09:35 UTC
IMF contradicts Trump: US companies and consumers are paying for the higher tariffs on Chinese imports

Companies in the United States are paying almost all the costs from tariffs on Chinese imports, International Monetary Fund (IMF) researchers said in findings that contradict US President Donald Trump's assertions that China is footing the bill.
Monday, May 27th 2019 - 05:52 UTC
Trump announces US$ 16billion to help farmers caught in the US/China trade dispute

US President Donald Trump unveiled a new US$16 billion aid package to help farmers caught in the crossfire of his trade war with China. “The farmers have been attacked by China,” Trump told reporters at the White House. “We're going to help out our farmers and we're giving them that level playing field that is so important.”
Monday, May 27th 2019 - 04:34 UTC
Trump in Japan for trade talks, North Korea and to meet Emperor Naruhito

After a fun-filled weekend of golf and sumo, US President Donald Trump and Japanese Prime Minister Shinzo Abe are set to hold formal talks on Monday, with trade and tensions with North Korea topping the agenda.
Thursday, May 23rd 2019 - 09:57 UTC
Markets in the red on Wednesday over concerns with China-US trade dispute

US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions.
Thursday, May 23rd 2019 - 08:18 UTC
At least a month before US imposes more tariffs on US$ 300bn of Chinese products

The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
Tuesday, May 21st 2019 - 09:54 UTC
US judge rules President Trump must hand financial records to Congress

A US judge on Monday ruled in favor of a US House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress.
Tuesday, May 21st 2019 - 09:50 UTC
Trump says trade dispute with Beijing is making companies move out of China

President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
Monday, May 20th 2019 - 09:55 UTC
”If Iran wants to fight, that will be the end of Iran”, Trump tells Teheran

President Donald Trump issued an ominous warning to Iran on Sunday suggesting that if the Islamic republic attacks American interests, it will be destroyed.
Monday, May 20th 2019 - 08:13 UTC
Trump family companies and Deutsche Bank involved in “shady” transactions, claims New York Times report

Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday.
Friday, May 17th 2019 - 09:42 UTC
China not interested in trade talks; Beijing rekindles nationalist resilience during Korean War

China may have no interest in continuing trade negotiations with the United States now, as it sees little “sincerity” in US President Donald Trump's recent approach, according to commentaries run by state media outlets on Friday.