Tag: Donald Trump
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Donald Trump’s troubled charity foundation to shut down
byUS President Donald Trump’s troubled charity foundation has agreed to close down amid allegations that he and others illegally misused its funds. The move was announced by the attorney general of New York State, Barbara Underwood, who will supervise the distribution of its remaining monies. She has accused Mr Trump and his three eldest children of […]
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Donald Trump Hires Prominent Bitcoin Supporter Mick Mulvaney to White House Staff
byU.S. President Donald Trump has hired the prominent Bitcoin supporter Mick Mulvaney to be his new White House Chief of Staff. Donald Trump is one of the most polarizing people on Planet Earth and whether you love him or hate him, it is beneficial for the crypto industry to have a major Bitcoin advocate whispering […]
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Trump defends shutdown threat after clashing with Pelosi, Schumer
byPresident Donald Trump threatened Tuesday to shut down the government over his demand for a multi-billion dollar border wall during a remarkable televised clash with the top House and Senate Democrats in the Oval Office. Trump traded taunts and threats with Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi, a sign of what divided […]
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China’s exports weaken amid US tariff battle, cooling demand
byBEIJING — China’s exports decelerated in November amid a tariff battle with Washington and cooling global demand. Customs data on Saturday showed shipments to the United States rose by a relatively robust 12.9 per cent over a year ago to $46.2 billion, down from October’s 13.3 per cent. Overall, China’s global exports rose 5.4 per […]
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US-China trade war: Deal agreed to suspend new trade tariffs
byUS President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. […]
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The American Casualties of Trump’s Trade War
bySam Cobb was surprised to see so many people lined up for a hearing at the International Trade Commission in Washington on the morning of Monday, Aug. 20. The chief executive of Real Wood Floors, Cobb was a veteran of such proceedings, which were usually sleepy affairs, populated by white-shoe attorneys fighting over arcane legal […]
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Trump upbeat on China talks; aides downplay Huawei arrest friction
byWASHINGTON – U.S. President Donald Trump on Friday sounded an optimistic note about trade negotiations with China as two of his top economic advisers downplayed friction from the arrest of a senior executive of Chinese telecom equipment maker Huawei Technologies. “China talks are going very well,” Trump said on Twitter, without providing any details. Major […]
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US-China trade war: Deal agreed to suspend new trade tariffs
byUS President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. […]
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Trump defends Russia business links after ex-lawyer admits lying
byDonald Trump has defended the business dealings he had with Russia before becoming president, again calling current investigations a “witch hunt”. On Thursday his ex-lawyer admitted lying to Congress about a property deal Mr Trump was planning in Moscow. In a series of tweets, Mr Trump said the deals were “very legal”, he put up […]
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The pain of Trump’s tariffs is coming home to American shoppers
byDonald Trump’s trade war with China looks like it’s finally going to hit American shoppers. The office of the US trade representative announced that the US president had directed it to start the process of putting a new 10% tariff on $200 billion worth of Chinese imports. They include (pdf) a long list of consumer goods, such as clothes, […]
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