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‘I Suggest Farmers … Immediately Buy More Land’: Trump, China Reach ‘Phase One’ Of Tentative Trade Agreement

Audrey Conklin President Donald Trump said he reached “phase one” of a tentative U.S.-China trade deal after meeting with Chinese Vice Premier Liu He Friday. The announcement comes amid a 15-month-long trade war involving back-and-forth tariffs, blacklists and threats to and from both countries as the administration attempts to hold China accountable for its trade tactics. The president told reporters in the Oval…

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Who Is Winning The Trade War — The US Or China?

Audrey Conklin –  As the 2020 presidential election approaches, experts told the Daily Caller News Foundation that no one is emerging in the U.S.-China trade war as a clear winner. –  U.S. companies are moving production out of China as Chinese unemployment rates waver, according to The Wall Street Journal, but some experts said that…

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‘We Don’t Want To Be Servants To The Chinese!’: Trump’s New Tariffs Against China Take Effect

Audrey Conklin The U.S. imposed a 15% tariff Sunday on Chinese imports valued at $111 billion in 2018 including tools, apparel, footwear and electronics, The Wall Street Journal reported. An second 15% tariff on $156 billion worth of Chinese smartphones, laptops, toys, video games, among other things, will be implemented on Dec. 15, according to WSJ. “Tariffs…

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China Strikes Back, Slaps 25% On US Automobiles After Trump’s ‘I Am The Chosen One’ Comments

Chris White China announced Friday it would impose a 25% tariff on all U.S. automobiles after President Donald Trump called himself ‘the chosen one’ to deal with the communist nation. Tariffs of 5 percent to 10 percent will be imposed on American goods in two batches, with the first taking effect in September and the…

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Why Fighting Tariffs With Tariffs Is a Bad Idea

Past comments from Donald Trump indicate his threats and initiation of tariffs are part of a long term strategy to reduce restrictions from trading partners. In the below tweet, for instance, he also implies equal tariffs between countries is “fair”. Taking for granted that Trump’s actual purpose with tariffs is to force other countries to…

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This Is How a Nationalist Raises Your Taxes

By Max Gulker America’s trade war has entered its second year, with a resolution between the U.S. and Chinese governments looking further away than ever. A bilateral freeze in tariff hikes in December brought some hope that the already costly conflict would not continue to snowball. The 2018 tariffs imposed by President Trump on imports…

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There’s No “Lost Money” in Trade, Mr. President

On Sunday, President Trump took to Twitter to announce that he would more than double tariffs on $200 billion worth of Chinese goods. Indeed, he may introduce further tariffs beyond that. This is the latest shot in a trade war with China. On Monday, the president explained the underlying logic for this on Twitter. The…

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Trump, China Set Opposing Rules, Putting Them On Collision Course

By Ryan Pickrell President-elect Donald Trump and China are attempting to write the rule book on trade for each other, putting the two nations on a collision course. Trump demanded China “play by the rules” Thursday night as he announced his pick for the ambassador to China in Des Moines, Iowa. China, in turn, warned of…