Parsing a Key Phrase from the Trump-EU Press Conference
Trade deals take more than an afternoon chat.
Trade deals take more than an afternoon chat.
I have heard Trump supporters offer the following rationale for Trump’s tarris, “It is a bargaining strategy.” Then they sit back and smirk, and tell me, “Trump really wants zero tariffs, but to get these other countries to come to the table he has to get their attention. And once he has softened them up, they’ll be willing to reduce their tariffs.”
Trump’s trade war will claw back 25% of the growth in GDP, slightly more than 20% of the wage growth and more than wipe out all the jobs his tax cuts would provide.
President Trump and the President of the European Commission announced an agreement late yesterday on trade issues, but it’s long on promises and short on results.
If President Trump’s trade war continues, it could have a serious impact on the political fortunes of President Trump and his party.
The President is apparently getting ready to take yet another ill-advised step in his ill-advised, economically illiterate trade war.
The ill-advised move is sure to raise costs for businesses and consumers and roil global stock markets.
Donald Trump’s trade war continues to have negative consequences for American consumers and businesses.
Once touted as an example of his deal-making prowess, Harley-Davidson sent a rebuke to President Trump by announcing it was moving some manufacturing to Europe to counteract the impact of his ongoing trade war.
Not surprisingly, Canadians aren’t too thrilled with Donald Trump these days.
Three months after it started, the Trump Trade War is already starting to have a negative impact on American businesses and American consumers.
President Trump once said that “trade wars are good and easy to win.” It’s only been three months since he started this war and we’re already finding out just how wrong he is about that.
According to reports, President Trump is preparing to go to war against luxury German cars.
President Trump is setting off another trade war, this time with some of America’s closest and most important allies.
For some reason, the President wants to help a Chinese company that has been accused of being a security risk by American intelligence services.
Trump’s tariff plan isn’t going over well in farm country, and that could cause problems for the GOP in November.
The great negotiator in the White House is likely underestimating the tools available to Xi.
President Trump is continuing his dangerous and misguided trade war rhetoric,
The President provided a contender for most ignorant tweet this morning, as he makes a proposal that would disrupt the global economy.
President Trump has announced that he’ll be imposing significant tariffs on steel and aluminum imports. This is an unwise decision.
I am going to construct a complicated mathematical model of the economy, and then I’m going to calibrate it using some actual data, and in the end I will be able to tell everyone how much better or worse off they are given various changes in the economy. And it will be totally and completely true. Trust me, it’s math and therefore science.
Trump’s attempt to fix the balance of trade will almost surely end up leaving us all worse off.
Yet another example of why Trump and his views on Trade and the economy are contradictory and even incoherent. Not only should Trump be building his Great Trump Wall™ in Mexico he should be furiously working against any and all foreign investment in the U.S.
Yet more incoherent economic policy from the Tweeter in Chief. A border tax will mean that Americans will undoubtedly pay for at least part of the Great Wall of Trump™.
In a break with President-Elect Trump, Speaker of the House Paul Ryan said Congress would block any effort to increase tariffs.