Tag: US trade

US trade negotiator hails ‘remarkable’ deal with China

by Delphine TOUITOU Agence France Presse Washington, United States (AFP)– The US-China trade deal is “remarkable” in scope but it won’t solve all the problems between the world’s two biggest economies, the top US negotiator said Sunday. “This is not just about agriculture and other purchases,” US Trade Representative Robert Lighthizer said in an interview with CBS’s “Face the Nation.” “The way to think about this deal, is this is a first step in trying […]

Trump rolls out sweeping tariffs, defying trade war warnings

by Andrew Beatty and Margaret Donaldson Agence France-Presse WASHINGTON, United States – US President Donald Trump on Thursday slapped deeply contentious trade tariffs on foreign steel and aluminum, swatting aside warnings of a global trade war and protests from allies in Europe and at home. The tariffs of 25 percent on imported steel and 10 percent on aluminum will come into effect in 15 days, the White House said. They will not apply to Canada and Mexico […]

Trump vows to keep steel tariffs on Mexico, Canada without ‘fair’ NAFTA deal

by Heather SCOTT Agence France-Presse WASHINGTON, UNITED STATES – US President Donald Trump vowed Monday he will not back down on imposing steep tariffs on steel and aluminum on Canada and Mexico unless he gets a “fair” deal to revamp the North American Free Trade Agreement. He also criticized the European Union for the trade barriers on US companies and repeated his threat to slap tariffs on European car imports if Brussels retaliates against the steel tariffs. Speaking […]

White House’s Navarro: trade deficit threat to national security

WASHINGTON, United States (AFP) – The Trump administration’s top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity. Outlining an unapologetically aggressive trade policy, Peter Navarro, director of the White House National Trade Council, accused economists and the media of ignoring the risk posed by trade deficits and embracing an “antiquated view of the world.” Navarro singled out China and Germany […]