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-- 2017 --
April 25: Mexico and the US have fought for years over tuna. The US
insists that any Mexican tuna sold in the US must be "dolphin safe," meaning
dolphins weren't killed by tuna fisherman, which was once common. Mexico says
its fisherman play by the rules. The US government disagrees.
On
Tuesday, the World Trade Organization ruled in Mexico's favor, allowing it to
impose trade sanctions worth $163 million a year against the US. The WTO says
that's how much money Mexico has lost from the US unfairly penalizing Mexican
tuna.
http://money.cnn.com/2017/04/25/news/economy/mexico-us-wto-tuna/index.html
April 29: Trump delivered a rousing address to a crowd of supporters in
Harrisburg, Pennsylvania instead of attending the White House Correspondents'
Association dinner in Washington. The nearly-hour long speech began with attacks
on the press and covered his tax plan, jobs, the yet-to-be-built wall, trade and
other topics Trump had touted throughout his 2016 campaign.
http://www.cnn.com/2017/04/29/politics/gergen-trump-speech-cnntv/?iid=ob_lockedrail_bottomlist
May 20: Despite the president's frequent
criticism of international trade deals, the survey found large and bipartisan
support for using trade as a tool of American diplomacy. Nearly eight-out-of-10
Democrats and Republicans agreed with that policy. Support was only slightly
lower among self-described independents.
http://www.npr.org/2017/05/20/528802896/npr-ipsos-poll-americans-arent-so-hot-on-america-first
July 26:
Trump Announces New Jobs At Company Notorious For Not Following Through
Taiwanese electronics giant Foxconn said in the past it would build a plant in
the U.S. It didn’t.
Foxconn, best known for making the Apple iPhone,
has made similar announcements before in the U.S. In 2013, company said it would
spend $30 million to build a plant in Harrisburg, Pennsylvania. Then-Gov. Tom
Corbett (R)
personally helped craft the deal
and hailed the plan in a statement, saying “Pennsylvania is once again leading
the way through integrating technology into manufacturing.”
The plant didn’t get built. The next year, Foxconn
announced
a $1 billion investment in Indonesia. The year after that,
$5 billion in India.
Though the announcements caused many excited headlines, the ambitious plans
never came to fruition,
according to a Washington Post investigation
published in March.
Neither the Trump administration nor Foxconn responded to HuffPost’s questions
about how Wednesday’s announcement is different from past declarations.
https://www.huffingtonpost.com/entry/trump-foxconn-jobs_us_5978df2ce4b02a4ebb723714
July 27:
Trump’s Foxconn Wisconsin jobs deal
doesn’t hold up under scrutiny ...
3,000 jobs for $3 billion ...
Wisconsin lost 3,776 manufacturing jobs in 2016. Getting back 3,000, if that
pans out, seems paltry.
The job pledge dropped from 50,000 when Trump first alluded to it, to 30,000 in
early press releases, down to 13,000 in an early announcement on July 26, to
3,000 later in that day.
The state incentive package similarly dropped in press releases from $3 billion
in 15 years to $1.5 billion by 2020.
https://www.peoplesworld.org/article/trumps-foxconn-wisconsin-jobs-deal-doesnt-hold-up-under-scrutiny/
September 8: Fact checking President Trump's
repeated claim of credit for Foxconn's deal in Wisconsin
http://www.chicagotribune.com/business/ct-trump-foxconn-wisconsin-fact-check-20170908-story.html
November 11: It is not just on trade that
Trump has sought to stake out positions that have isolated the United States
from the rest of the world. His
plans to withdraw from the Paris climate accord at the earliest opportunity
in 2020 could mean that the United States is the only country in the world not
committed to it, since Syria announced its
intention to join last week.
https://www.washingtonpost.com/politics/trumps-america-first-looks-more-and-more-like-america-alone/2017/11/11/5cffa150-c666-11e7-aae0-cb18a8c29c65_story.html?utm_term=.a088c422b36f
-- 2018 --
January 11: The Canadians Think Trump Will
Try to Kill NAFTA. Are They Right?
http://nymag.com/daily/intelligencer/2018/01/the-canadians-think-trump-will-kill-nafta-are-they-right.html
February 7:
But in Trump’s world, the deficit shows the U.S. is getting screwed by the rules
of international commerce. That’s a problem for the rest of us because that
simplistic idea of how the world works is now driving U.S. trade policy.
http://business.financialpost.com/news/economy/u-s-trade-deficit-shouldnt-annoy-trump-but-it-will
February 19:
U.S. President Donald Trump’s administration is mulling changes to how it
calculates U.S. trade deficits in a way that would likely help bolster political
arguments to renegotiate key trade deals, the Wall Street Journal reported on
Sunday, citing people involved in the discussions.
The main idea being discussed is whether to exclude “re-exports” from the
calculation of U.S. exports, sources told the newspaper. Re-exports refer to
goods that are imported into the United States, then transferred to another
country.
... By using a metric that widens the trade deficit, it could give him [Trump]
political leverage to make sweeping changes ...
If the government adopted the new method, the deficit with Mexico [for example]
would be nearly twice as high.
... career government employees at the U.S. Trade Representative’s (USTR) office
objected to a request to prepare data using the new methodology.
Although they complied with the request, the newspaper reported, the staffers
explained why they disagreed with the approach.
In a statement to the newspaper, the office of the U.S. Trade Representative’s
deputy chief of staff, Payne Griffin, said officials there are not close to a
decision yet on whether to adopt a new approach.
https://www.reuters.com/article/us-usa-trump-trade-idUSKBN15Y0V1
March 2: Trump was angry and ‘unglued’ when he
started a trade war, officials say
Trump's policy maneuver, which may ultimately harm U.S. companies and American
consumers, was announced without any internal review by government lawyers or
his own staff, according to a review of an internal White House document.
A trifecta of events had set
him off in a way that two officials said they had not seen before: Hope Hicks' testimony
to lawmakers investigating
Russia's interference in the 2016 election, conduct by his embattled
attorney general and the
treatment of his son-in-law by his chief of staff.
Trump, the two officials said, was angry and gunning for a fight, and he chose a
trade war, spurred on by Commerce Secretary Wilbur Ross and Peter Navarro, the
White House director for trade — and against longstanding advice from his
economic chair Gary Cohn and Treasury Secretary Steve Mnuchin.
https://www.nbcnews.com/politics/white-house/trump-was-angry-unglued-when-he-started-trade-war-officials-n852641
March 2: 'Trade wars are good?' Two words:
Great. Depression.
President Donald Trump is itching for a trade war. No matter what you do for a
living, that should scare you.
In a trade war, countries impose tariffs and other barriers on imported
products, often in retaliation for actions taken by a trading partner.
That can slow down business activity around the globe by crimping international
trade. In a worst case scenario, trade wars can lead to a global depression.
Protectionist trade polices are one of the primary factors economists cite for
deepening the
Great Depression.
http://money.cnn.com/2018/03/02/news/economy/why-no-one-wins-trade-war/index.html
March 2: Here's What You Need to Know about
Trump's Trade War
The last trade war was in the 1930s, and
intensified the effects of the Great Depression, according to
economists and trade experts. It started after President Herbert Hoover
signed the
Smoot Hawley Tariff Act into law in 1930, which raised tariffs on more than
20,000 products.
Trump advisers argue that the current administration’s tariffs, which are
targeted only at steel and aluminum, are not the same as the protectionist Smoot
Hawley provisions that raised tariffs on many products and all countries. But
some experts say the current proposal could still
kick off a full-blown trade war.
http://fortune.com/2018/03/02/trump-trade-war-tariff-smoot-hawley/
March 3: Trump escalates trade war,
threatens European carmakers with stiff tariffs
https://www.washingtonpost.com/news/business/wp/2018/03/03/trump-escalates-trade-war-threatens-european-carmakers-with-stiff-tariffs/?utm_term=.b231d7e0b462
March 3: Trade war could hit US industries
in China ...
President Donald Trump's vow to enact revenge on China for "killing" the US on
trade was a signature refrain of the 2016 campaign, but his latest tough talk
risks hurting US industries.
http://www.stltoday.com/news/national/govt-and-politics/trade-war-could-hit-us-industries-in-china/html_4bcc1c73-786c-50bc-bc2b-76d6c816f8cb.html
March 4: Trump trade war:
China vows retaliation if tariffs bite
http://www.bbc.com/news/world-asia-china-43278458
March 5:
‘Trade wars are good’? 3 past conflicts tell a very different story
https://theconversation.com/trade-wars-are-good-3-past-conflicts-tell-a-very-different-story-92801
March 5: China's global trade plan is piling
huge debt on smaller nations ... Big loans from China can come with big
headaches.
A
new report says China's massive plan to pump hundreds of billions of dollars
into ports, rail lines and other projects across Asia, Europe and Africa could
pile debt problems onto smaller countries.
Loans from China's Belt and Road Initiative "will significantly add to the risk
of debt distress" for eight countries, including Pakistan, Montenegro and
Djibouti, according to a report published Sunday by the Center for Global
Development, a US-based nonprofit think tank.
http://money.cnn.com/2018/03/05/news/economy/china-belt-road-debt-pakistan-laos/index.html
March 5: How Trump's tariffs could hand
trade leadership to China ... "If the U.S. abdicates as champion of the international trading system, China may be
the only country that can take the reins. The question is, what would that mean
for the current system of open and free markets?"
https://www.cbsnews.com/news/is-trump-ceding-global-trade-leadership-to-china/
March 7: Gary Cohn, President Donald Trump's
top economic adviser, resigned Tuesday after a dispute with the president over
tariffs.
https://www.nbcnews.com/politics/white-house/top-trump-economic-aide-gary-cohn-leave-white-house-n854311
March 8:
President Donald Trump's demand that new tariffs be slapped on steel and
aluminum imports has spooked markets, prompted his chief economist's
resignation, rattled major US allies and widened a rift with establishment
Republicans.
None of that stopped Trump from moving forward with his plan Thursday to erect
25% and 10% tariffs on steel and aluminum imports respectively, as he signed two
tariff proclamations at the White House on Thursday, surrounded by steel and
aluminum workers.
But in a shift from recent plans, Trump will exempt Canada and Mexico from the
tariffs and allow other US allies to petition for similar exemptions.
https://www.cnn.com/2018/03/08/politics/tariff-donald-trump-national-security/index.html
[Note that Trump making exemptions coupled with allowances might possibly be his
way of keeping his campaign promises while not seriously making the very changes
he promised. Keep watching]
April 6: The Dow closed down 572 points, a
drop of 2.3%, after President Trump threatened to escalate a confrontation with
China over trade. It fell as much as 767 points earlier in the day. The S&P 500
and the Nasdaq each declined more than 2%.
... Dow tumbles 572 points as trade war fears pummel stocks
http://money.cnn.com/2018/04/06/investing/stock-market-dow-jones-trade-war-china/index.html
April 21: GOP faces rural rebellion over
Trump trade agenda ... President Donald Trump's trade policies are confounding
Republicans as rural voters — his strongest supporters — stand to get the short
end of the stick just months away from the midterms.
... a lot of ... farmers and Republicans ... have "buyer's remorse" about Trump
....
https://www.nbcnews.com/politics/politics-news/gop-faces-rural-rebellion-over-trump-trade-agenda-n866456
May 24: Trump Identifies His Trade Weapon of
Choice, to the Dismay of Congress
The president’s use of a national security law to threaten tariffs, most
recently on imported cars, has lawmakers, the auto industry and foreign trade
partners worried
https://www.wsj.com/articles/trumps-gop-allies-worry-over-possible-new-u-s-auto-tariffs-1527179893
May 24: Trump on collision course with
Congress on ZTE, the Chinese telecommunications giant sanctioned for doing
business with Iran and North Korea.
Trump has publicly signaled his desire to ease the restrictions on ZTE as he
seeks China's cooperation on North Korea talks and hammering out a trade deal.
But Trump’s pivot on ZTE has received terrible reviews from Republicans in
Congress, who have joined with Democrats in passing measures to ensure the
restrictions are kept in place.
http://thehill.com/homenews/administration/389097-trump-on-collision-course-with-congress-on-zte
May 29: Trump’s trade war with China looks
like it’s back on
The White House said a week ago that tariffs were “on hold.” But now it’s moving
ahead with them.
https://www.vox.com/world/2018/5/29/17405130/trump-tariffs-china-trade-war
May 30: China hit back at U.S.
President Donald Trump’s plan to push ahead with tariffs on $50 billion of
Chinese imports despite a recent truce in the trade fight, saying it damages
America’s standing.
If the U.S. insists on unilateral measures, China will respond accordingly,
foreign ministry spokeswoman Hua Chunying told reporters in Beijing on
Wednesday. The White House said in a statement on Tuesday that a final list of
imported goods to be targeted will be released by June 15, and levies imposed
“shortly thereafter.”
http://fortune.com/2018/05/30/china-donald-trump-flip-flop-tariffs-trade-war/
May 31: The Trump administration is imposing
tariffs on steel
and aluminum
imports from Europe, Canada and Mexico after a month-long exemption expires at
midnight. Steel imports will be taxed at 25 percent and aluminum at 10 percent
under proclamations Mr. Trump
signed in March and
reconfirmed Thursday.
That may mean higher prices on everything from SUVs to cans of beer and soda as
companies cope with the higher cost of imported materials as well as the
expected retaliatory tariffs on U.S. exports from angry trading partners.
https://www.cbsnews.com/news/president-trumps-steel-and-aluminum-tariffs-winners-and-losers/
May 31: Trade war? What you need to know
about US steel tariffs
The world is currently closer to a full-scale trade war than at any time since
the 1930s, when the American Smoot-Hawley tariff prompted a domino effect among
other industrialised nations. Many protectionist measures have been introduced
since the global financial crisis of a decade ago but, for the most part, they
have been small scale. The current tension is far more serious ...
https://www.theguardian.com/business/2018/may/31/trade-war-what-you-need-to-know-about-us-steel-tariffs
June 1: Trump rolls
the dice with a trade war against U.S. allies
https://www.nbcnews.com/politics/first-read/trump-rolls-dice-trade-war-against-u-s-allies-n879146
June 1: EU, others vow swift riposte as Trump kicks
off trade war
http://www.france24.com/en/20180531-europe-usa-eu-vows-trump-transatlantic-trade-war-france-germany
June 15: China tariffs on U.S. soybeans
could cost Iowa farmers up to $624 million
https://www.desmoinesregister.com/story/money/agriculture/2018/06/15/china-tariffs-soybeans-could-cost-iowa-farmers-up-624-million/705121002/
June 18: Google to invest $550 million in
China e-commerce giant JD.com
https://www.reuters.com/article/us-jd-com-google/google-to-invest-550-million-in-china-e-commerce-giant-jdcom-idUSKBN1JE079
June 19: Senate votes overwhelmingly to
reverse White House deal with Chinese telecom ZTE, moves to House
https://abcnews.go.com/Politics/senate-votes-overwhelmingly-reverse-white-house-deal-chinese/story?id=55994166&cid=clicksource_4380645_1_hero_headlines_headlines_hed
June 20: Chinese investment in the United
States has plummeted 92% this year
The dramatic decline comes as the fight between Washington and Beijing over
trade escalates, and US regulators increase their scrutiny of Chinese
acquisitions.
"The more confrontational approach of the Trump administration toward economic
relations with China has cast some doubt, in these companies' minds, about their
position here," said Thilo Hanemann, a director at Rhodium Group and one of the
report's authors.
http://money.cnn.com/2018/06/20/investing/chinese-investment-united-states-falls/index.html
June 28: Wisconsin Hopes Foxconn Will Make
It A Digital Hub, But Skepticism Abounds
https://www.npr.org/2018/06/28/624099686/wisconsin-hopes-foxconn-will-make-it-a-digital-hub-but-skepticism-abounds
July 8: Trump's And China's Tariffs Could Do
Permanent Damage To Soybean Farmers
Brazil is the second largest exporter of soybeans after the U.S. Brazil won’t be
able to quickly make up for a significant shortfall in U.S. imports, but it
could increase production over the long-term if China is willing to commit to
future purchases [making the long-term impact on American farmers even more
significant].
https://www.forbes.com/sites/chuckjones/2018/07/08/trumps-and-chinas-tariffs-could-do-permanent-damage-to-soybean-farmers/#266275187287
July 24: The Trump administration announced
Tuesday that it will grant up to $12 billion in emergency aid to farmers hurt by
retaliatory tariffs in the ongoing trade fight with China and other American
trading partners.
http://www.foxnews.com/politics/2018/07/24/trump-announces-emergency-aid-for-farmers-hurt-by-trade-war-says-theyll-win-in-end.html
July
24: Harley-Davidson looking at ‘all options’ to deal with tariffs
Harley-Davidson said that as a result of recently enacted tariffs it expects to
incur about $45 million to $55 million in increased costs, which includes
incremental costs of about $15 million to $20 million for steel and aluminum and
about $30 million to $35 million from European Union
tariffs.
https://www.foxbusiness.com/economy/harley-davidson-looking-at-all-options-to-deal-with-tariffs
July 25: Trump, E.U. announce deal to avert
escalation of trade tensions
https://www.washingtonpost.com/
July 25: President Trump and European
Commission President Jean-Claude Juncker said Wednesday that they have agreed to
work toward removing all trade barriers between the two sides.
In a Rose Garden announcement, Trump said the EU had also agreed to buy U.S.
soybeans, a day after he announced a $12 billion bailout package for farmers hit
by retaliatory tariffs. Trump said the EU will also become a "massive buyer" of
U.S. liquefied natural gas.
https://www.npr.org/2018/07/25/632448563/trump-and-eu-agree-to-work-toward-zero-tariffs
July 25: Trump's $12B aid package may help
farmers, but what about the other victims of his trade war?
Redressing the impact of tariffs on the economy will require more than just
paying off farmers directly.
Farm tariffs alone have the potential to hurt companies in a range of industries
from agricultural equipment makers to transport to energy, financial,
healthcare, mid-size cars and plastics, due to their reliance on imported metals
and electronics or are tied directly or indirectly to access to export markets.
https://www.nbcnews.com/business/economy/trump-s-12b-aid-package-may-help-farmers-what-about-n894511
July 25: American farmers already receive
billions of dollars in federal aid every year to protect them when prices fall
due to weather or market fluctuations.
The Trump administration juiced this long-standing safety net by pledging an
additional $12 billion in aid Tuesday -- but this time, it's to compensate
some farmers and ranchers from the fallout of President Donald Trump's widening
trade feuds. The nation's agriculture sector has seen prices drop and supplies
pile up as other countries impose tariffs to counter Trump's actions.
The effort is unusual because of its magnitude and because it originates from
the executive branch, not Congress.
https://www.cnn.com/2018/07/25/politics/farmers-aid-trump-trade/index.html
July 26: Farm groups are going on the
offensive with a multimillion-dollar advertising and advocacy campaign against
President Donald Trump’s tariffs just days after the administration rolled out a
$12 billion bailout for farmers harmed by a mounting trade war.
https://www.politico.com/story/2018/07/26/farm-groups-anti-tariff-blitz-trade-aid-711958
August 27: The United
States and Mexico have reached a preliminary agreement resolving key bilateral
trade issues.
Under the current law, about 62% of the
parts in any car sold in North America must be produced in the region or
automakers have to pay import taxes.
The agreement between the two countries could restart negotiations on NAFTA with
all three parties -- the United States, Mexico and Canada.
In May, the United States imposed
steep tariffs on steel and aluminum from much of the world, including
Mexico. In response, Mexico
slapped tariffs on $3 billion of US goods, including steel, pork, apples,
potatoes, bourbon and different types of cheese.
Canada imposed tariffs on $12.5 billion of US goods, including steel,
toffee, maple syrup, coffee beans and strawberry jam.
https://www.cnn.com/2018/08/27/politics/mexico-us-trade-deal/index.html
August 27: Canada said ... it would only
sign a new NAFTA if it benefited the country and its middle class, despite
showing optimism for progress the U.S. and Mexico made on a bilateral agreement
of their own.
https://www.foxbusiness.com/economy/us-mexico-reach-new-trade-agreement
August 27: U.S. and Mexican negotiators
worked through the day Sunday to conclude their talks, which focus primarily on
autos that will be accepted without tariffs in the United States. The agreement
provides that 85 percent of the parts in the car must be made in North America
to be considered for tariff-free imports.
Trump had demanded a rewrite of NAFTA, claiming that Mexico was stealing jobs
and taking advantage of the previous NAFTA agreement, citing the fact that
Mexico enjoyed a $63.6 billion trade surplus with the United States in 2017.
Critics pointed out that much of that surplus came from cars that were assembled
from parts made in the U.S. and Canada, but the total car price was included in
the bilateral Mexican-U.S. trade figures.
By requiring higher content made in the U.S. and Canada, the new trade deal may
fractionally increase employment in the U.S., but most of these factory jobs
have now been taken over by robots.
https://www.forbes.com/sites/charleswallace1/2018/08/27/trump-secures-a-trade-deal-with-mexico/#4d4beee37806
August 27: To hear President Donald Trump
tell it on Monday, the
United States is abandoning the NAFTA free trade deal between the US, Canada
and Mexico in favor of a bilateral agreement between the US and Mexico. And
possibly a second bilateral deal with Canada.
But none of that is happening.
There is no formal free trade deal between the US and Mexico, only an agreement
between the two countries on how to resolve key issues in their trade
relationship as part of the NAFTA talks. The US trade representative's office
officially described the agreement as "a preliminary agreement in principle ...
to update the 24-year-old NAFTA with modern provisions representing a 21st
century."
https://www.cnn.com/2018/08/27/politics/trump-nafta-deal/index.html
September 8: China’s Trade Surplus With U.S.
Hits New Record
U.S.-China trade gap widens to $31.05 billion
https://www.wsj.com/articles/chinas-trade-surplus-with-u-s-hits-new-record-1536397753?mod=trending_now_1
September 16: Escalating global trade
tensions are giving Chinese fruit stalls a little more of an international
flavor.
Fruit distributor
Sunmoon Food Co. is shipping navel oranges from Egypt, kiwis from Italy and
apples from Poland into China for the first time ever. The produce will fill the
gap created when the Asian nation slapped tariffs on U.S. fruit as part of the
escalating trade war between the Xi Jinping and Donald Trump administrations.
https://www.bloomberg.com/news/articles/2018-09-17/trump-trade-winds-blow-egyptian-oranges-to-shanghai-fruit-stalls
November 5: Trump’s
“Incredible” Foxconn Deal Turns Out to Be a Another Massive Con Job
ast month, at a rally in Mosinee, Wisconsin,
Donald Trump introduced Governor Scott Walker to
the stage with a
boast regarding a dubious, shared accomplishment. “I got him set up with an
incredible company called Foxconn,” Trump told the crowd, referring to the
Taiwanese electronics manufacturing giant that had agreed to build its first
U.S. plant in the Badger State. “[Foxconn] came to Wisconsin with the most
incredible plan . . . It’s the most incredible thing I’ve ever seen. We toured
it, and we had a ribbon-cutting a few months ago. And I handed it over to Scott
. . . there’s no plant like it anywhere in the United States. One of the most
incredible things I’ve ever seen. One of the most incredible things.”
And it’s true! There is nothing like the literally incredible Foxconn
deal in the United States, because the Foxconn deal—brokered
by First Son-in-Law Jared Kushner—has turned out to be less
of a jobs boon than an economic nuclear bomb, and not the good kind, either.
https://www.vanityfair.com/news/2018/11/donald-trump-foxconn-scam
November 6: Did Scott Walker and Donald
Trump Deal Away the Wisconsin Governor’s Race to Foxconn?
As the public has become aware of the spiralling costs associated with building
a new Foxconn plant in Wisconsin, the deal has become something of a political
liability for the governor.
https://www.newyorker.com/news/dispatch/did-scott-walker-and-donald-trump-deal-away-the-governors-race-to-foxconn
December 6: Trade deficit hits 10-year high
as China shuns soybeans, Americans snap up imports
Trade deficit rises to $55.5 billion in October, which is highest since 2008 ...
amid a record shortfall with China, keeping the U.S. on pace to record the
largest annual gap in a decade.
Imports rose 0.2% to a record $266.5 billion in October. The U.S. imported more
autos, drugs and other consumer goods
Part of the recent surge in imports reflects American companies stocking up on
Chinese goods ahead of the holidays to get ahead of another increase in U.S.
tariffs that was supposed to kick in on Jan. 1. The U.S. tariff increase has
been temporarily been postponed until March.
Exports slipped 0.1% to $211 billion, largely because of a big drop in soybean
shipments. Retaliatory tariffs by China has curbed U.S. exports of big sellers
such as soybeans.
https://www.marketwatch.com/story/us-trade-deficit-climbs-to-10-year-high-despite-tariffs-tough-trump-stance-2018-12-06
-- 2019 --
January 2: US Trade
Rep. Lighthizer thinks more tariffs could be needed to get meaningful China
concessions
https://www.cnbc.com/2019/01/02/us-trade-rep-reportedly-thinks-more-tariffs-needed-to-get-meaningful-concessions-from-china.html
January 2: Trump trade war taking toll on
China’s economy?
https://www.foxbusiness.com/economy/trump-trade-war-taking-toll-on-chinas-economy
January 2: Trump Trade 2019: Race To Resolve
China Trade War, Global Auto Tariffs, Nafta
President Donald Trump's ambitious effort to reroute global trade flows in an
America First direction is racing toward a conclusion. In the next couple of
months, Trump will escalate his China trade war or declare a truce. He'll decide
whether to unleash global auto tariffs, and he'll push Congress to accept his
deal to replace Nafta. How those Trump trade issues are resolved will have a
major impact on the global economy as well as the Dow Jones and broader stock
market.
https://www.investors.com/news/economy/trump-trade-2019-china-trade-war-global-auto-tariffs-nafta-dow-jones/
January 3: One of
Trump's top economic advisers thinks the US-China trade war will cause a 'heck
of a lot of US companies' to make nasty announcements like Apple's
https://www.businessinsider.com/hassett-us-companies-china-trade-war-tariffs-like-apple-2019-1
January 3: China warnings signal Trump's
trade war finally hitting home
Weak sales at Apple and Cargill, U.S. giants of technology and agriculture, may
be the clearest sign yet that President Donald Trump’s quest to reset world
trade carries costs at home and could isolate the United States as the
increasingly fragile engine for global economic growth.
https://www.reuters.com/article/us-usa-economy-china/china-warnings-signal-trumps-trade-war-finally-hitting-home-idUSKCN1OX1XA
January 3: Apple has become the biggest
casualty in Trump's trade war with China
https://www.foxnews.com/tech/apple-has-become-the-biggest-casualty-in-trumps-trade-war-with-china
January 4: Where Donald Trump's Trade War Is
Headed in 2019
President Donald Trump ended last year with a trade cliffhanger, leaving nearly
all of his major disputes on the issue unresolved and everyone guessing about if
— and how — they will wrap up in 2019.
The stakes are high. Economic growth slowed in the third quarter and the stock
market experienced a sharp decline in the finals months of 2018, two metrics
that Trump has repeatedly bragged about during the first two years of his
presidency.
http://time.com/5487113/donald-trump-trade-war/
January
15: The Trump administration's protectionist trade
policies were supposed to reduce America's trade deficit with China—or, at
least, that's what President Donald Trump has repeatedly claimed—but new data
shows that the gap between how much America imports from China and how much it
exports to China hit a new record high at the end of 2018.
China's trade surplus with the U.S. was $323 billion in 2018, according to
figures released this week by the Chinese government. That's a 17 percent
increase from 2017. China said that its exports to the U.S. grew by 11.3 percent
during 2018 (despite Trump's tariffs), while imports from the U.S. climbed by
only 0.7 percent last year.
https://reason.com/blog/2019/01/15/americas-trade-deficit-with-china-just-h
January 23: China
First, EU Next? Donald Trump Faces New Major Trade War as Europe Threatens $23
Billion in Tariffs
https://www.ccn.com/china-first-eu-next-donald-trump-faces-new-major-trade-war-as-europe-threatens-23-billion-in-tariffs/
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