Keyword: tariff
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Christian leaders are hailing the Trump administration's decision to remove Bibles and other religious books from its lists of Chinese goods facing a 10 percent hike in tariffs. The office of U.S. Trade Ambassador Robert E. Lighthizer said Tuesday that the 10 percent tariff hike on Chinese goods starting Sept. 1 won’t affect Bibles, according to multiple reports. On Tuesday, the USTR released two lists of items that will be subject to tariffs starting Sept. 1 and items in which tariffs will be applied on Dec. 15. * * * Christian publishers are also welcoming the development because of how...
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The decline of China’s yuan on Monday to its lowest level in 11 years against the US dollar could continue into 2020 amid the apparent shift in its policy stance by the Chinese authorities, who are showing increasing reluctance to provide concessions to resolve its trade war with the United States. The Chinese currency’s drop has also rattled the currency market, sending 11 regional currencies lower. The yuan slid 1.3 per cent to 7.0298 against the dollar on Monday in response to President Donald Trump’s threat to impose a new 10 per cent tariff on the US$300 billion of Chinese...
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Washington Free Beacon senior writer Bill Gertz appeared on Mark Levin's radio show Thursday evening to discuss his recent interview with Chinese dissident Guo Wengui about China's efforts to influence the 2020 presidential election. In his conversation with Levin, Gertz reflected on his interview with Guo, who told Gertz earlier this week that the Chinese government has been deploying a prolonged campaign to defeat President Donald Trump in 2020. Gertz asserted the Chinese government may try to wait out Trump's time in office so it can negotiate trade deals with a new Democratic president if Trump loses in 2020. Trump...
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Navarro outlines the background of the second quarter GDP result... the two primary drags on the Q2 release are also the most volatile: Export/Import contributions (-.65%), and Inventory contributions (-.86%). However, consumer spending was much stronger than anticipated (+4.3%) showing the internal strength of the U.S. labor market and the impact of wage growth which now exceeds 5.5 percent. The rebound in Q3 is going to be very, very good.
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Between 1348 and 1352 a monstrous plague—the Black Death—ravaged Europe. The disease struck young and old, men and women, saint and sinner alike. Half the population died. Whole cities disappeared. Western Civilization was on the brink of collapse. What caused this plague? Bad smells. Foul odors. The stench of decay. This was considered unequivocal, scientific fact—that is until we invented the microscope and discovered that an entire world of miniature animalcules existed right under our noses. In time we realized that these creatures caused illness: germ theory was born, and with it died the centuries-old miasma theory of disease. Received...
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Both my native country, India, and my adopted country, America, are liberal democracies that are right now in the thrall of right-wing populist demagogues -- Prime Minister Narendra Modi in India's case and President Donald Trump in America's. Few would deny that between the two, Trump is the crazier one -- a showboat with impulse control issues. Modi, by contrast, a humble tea stall owner once, is a veritable picture of discipline and restraint. Yet Modi, who got re-elected by a landslide last month, is potentially more dangerous because Indian democracy lacks strong institutional checks on his illiberal ambitions. In...
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LAREDO, Texas — The edges of this small border city bustle with activity as construction vehicles clear flat expanses of land for massive warehouses, and semi-trucks moving American and Mexican goods appear to cover every inch of roadway. To James Gonzalez, 33, the sterile, boxy buildings and traffic congestion only a few miles from the five bridges that connect the U.S. to Mexico represent financial success and future business opportunities. The city's fortunes, based entirely on trade between the two countries, is forever tied to the United States’ kinship with or animus for its southern neighbor. The closeness of that...
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I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measur
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A number of Republicans in the Senate are standing with President Donald Trump over his threat to apply tariffs to Mexico on Tuesday after several party members spoke out against it. Senate Majority Leader Mitch McConnell said Tuesday that “there is not much support in my conference for tariffs” and he is hoping that the tariffs are not implemented. Other Senators also decided to speak out against Trump’s threat. Utah Republican Sen. Mitt Romney said he will not support applying a tariff to Mexico, saying he “would not be inclined to vote [for] a tariff against a friend,” Politico reported...
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Metapa, Mexico - Some 200 military police, immigration agents and federal police were awaiting a group of about 1,000 Central American migrants who were walking north along a southern Mexico highway on Wednesday. The group of migrants, including many women and children, set out early from Cuidad Hidalgo at the Mexico Guatemala border and was headed for Tapachula, the principal city in the region. State and local police accompanied the caravan. ...
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China on Friday threatened to unveil an unprecedented hit list of "unreliable" foreign firms, groups and individuals who harm the interests of Chinese companies as a slate of retaliatory tariffs on imported U.S. goods was set to kick in at midnight. The commerce ministry did not single out any country or company, but the threat could further heighten tensions after Washington this month put Huawei on a blacklist that effectively blocks U.S. firms from doing business with the Chinese telecoms equipment giant. Beijing's "unreliable entities list" would apply to those who violate market rules and the spirit of contracts, block...
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Sen. Mitt Romney warned Friday that President Donald Trump’s proposed tariffs against Mexico were the wrong approach and could harm Americans more than they help curtail illegal immigration. “A tariff targeting Mexico that negatively impacts our own interests will only end in a waiting game of increasingly harmful consequence to the American people,” Romney said.
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Nobody is happy about Donald Trump’s new threat to slap tariffs on Mexico unless it clamps down on migrants crossing the border. Well, almost nobody. Investors? They’re panicking. Stocks are down. So are treasury yields, which is a sign that folks are worried and fleeing to safe assets. Mexico? What do you think? Republicans in Congress? Senate Finance Chair Chuck Grassley says the move is a “misuse of presidential tariff authority and counter to congressional intent.” The business lobby? It’s peeved. Trump’s own advisers? Some of them are reportedly furious. Specifically, Treasury Secretary Steve Mnuchin, a free trader, and U.S....
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Mexico's president on Saturday said he's open to negotiating with the United States after President Donald Trump threatened to slap tariffs on all Mexican imports over immigration. "I believe we will be able to reach an agreement, because reason is with us," Mexican President Andrés Manuel López Obrador said at a news conference in Veracruz, insisting that Mexico wants to maintain a good relationship with the United States.
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Senate Finance Committee Chairman Chuck Grassley (R-Iowa) condemned President Trump's new tariffs on Mexico late Thursday, calling the move a "misuse" of presidential tariff authority and cautioning the levies could derail passage of the United States-Mexico-Canada Agreement (USMCA). "Trade policy and border security are separate issues. This is a misuse of presidential tariff authority and counter to congressional intent," Grassley said in a statement. The lawmaker cautioned that following through on Trump's tariff threat "would seriously jeopardize passage of USMCA," a revision of the North American Free Trade Agreement (NAFTA). "I support nearly every one of President Trump’s immigration policies,...
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The proposed Trump tariffs on Mexico in an attempt to get them to stop the flow of immigrants across the border, has solicited response from the Mexican National Farm Council. They say: It supports surgical application of retaliatory tariffs aimed at US states that support trumps Republican Party, if the tariffs are enacted Such retaliatory tariffs voting US states should be a last resort US exports to Mexico include greens, pork, apples could form part of a new list of possible Mexican targets for retaliatory tariffs
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<p>WASHINGTON – The president of Mexico says he wants to avoid a confrontation with the United States, but had harsh words about President Donald Trump's plan to impose tariffs on Mexican goods to pressure the nation to stem the flow of Central American migrants.</p>
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Just hours after President Trump announced he will be imposing 5% tariffs on Mexican imports over illegal immigration, Mexico’s president Lopez Obrador sent Trump a letter begging for a meeting to work toward a solution. “Mexico’s President Lopez Obrador asks Trump to have U.S. officials meet with the Mexican foreign minister in Washington on Friday to seek a solution that benefits both nations,” Reuters reported.
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Trump announced a new 5 percent tariff on Mexico beginning in early June, saying the levy will "gradually increase" until the ongoing illegal immigration surge at the southern border is "remedied" and illegal migrants "STOP." "On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP," Trump wrote. "The Tariff will gradually increase until the Illegal Immigration problem is remedied, ... ..at which time the Tariffs will be removed. Details from the White House to follow."
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On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,.. ...at which time the Tariffs will be removed. Details from the White House to follow.
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