Trade Moves News Today

Taiwan's Trade Minister John Deng has said he does not expect the Australian government, led by Prime Minister ...

In front of these very banners, the president made good on his promise to impose tariffs on $34 billion worth of chinese imports. china made good on its promise too, imposing its own retaliatory tariffs on the same value of american products and accusing the united states of setting off, quote, the largest trade war in economic history to date. as of now there are no scheduled meetings between the largest economies in the world, so it is not clear how long this trade war is going to last. so far...

Breaking news, harley-davidson, an iconic american company, saying this morning that they will move some of their production to europe. why? theyre trying to avoid european union tariffs on u.s. goods. the eu announced tariffs in response to the trump administrations tariffs on steel and aluminum imports from europe. harley-davidson calls this the only sustainable option, says they could lose as much as $100 million a year if this trade war keeps heating up. it is notable that harley-davidson ma...

Administrations trade moves, seem more like knee-jerk impulses than any kind of carefully thought out strategy. >.the most obvious accomplishmet on trade so far is bringing a lot of chaos that united allies and china against us. >> reporter: wilbur ross insists there were serious efforts to resolve the dispute with europe. >> we had tried very hard to have good negotiations before the steel and aluminum tariffs were put on. >> reporter: the administrations moving full speed ahead with its take n...

Imposing a new tariffs regime on long time allies. >> its also frustrating to watch as the administrations trade moves seem more like knee-jerk impulses than any kind of carefulfully thought out strategy. its most obvious accomplishment on trade so far is sewing a lot of sowing a lot against us. >> and the approach on trade. secretary ross is in the midst of review of automobile imports and expected to announce new policies later this summer. in a few weeks, the u.s. will look into taxing billio...

Saying he is making falls statements and not statements you would see a sitting u.s. leader make about canada, one of the closest allies to the united states. he is going about the deal processing complaining essentially and throwing a tantrum what he believes are the unfair trade moves. where this goes from here is anyones guess whether they try to remedy this the next few days. we did know the president did not want to attend the g7 and thought it was distracting him to focus on the sit-down w...

Canadians for a century. to label them as a national security threat, just a sense of shock and anger in europe, not just in canada but same thing with the closest allies in europe. this is such a cockamamie thing to claim they are a threat to our national security. >> but "the washington post" reporting trump isnt happy about his upcoming trip to canada on friday. the president has vented about prime minister justin trudeau. he has mused about finding now ways to punish the northern states neig...

To label them as a national security threat, just a sense of shock and anger in europe, not just in canada but same thing with the closest allies in europe. this is such a cockamamie thing to claim they are a threat to our national security. >> but "the washington post" reporting trump isnt happy about his upcoming trip to canada on friday. the president has vented about prime minister justin trudeau. he has mused about finding now ways to punish the northern states neighbor in recent days frust...

Hes received. this is a president who famously does not like to conflict when hes face to face and sitting down with someone and thats what is going to happen to him when he shows up in canada. hes going to be sitting there with the prime minister, justin trudeau, especially scorned by the tariffs. very testy phone calls with him and the french president emmanuel macron over the tariffs, over the recent trade moves, among other things, these being the most recent they disagreed on. and this come...

Moves. listen to justin trudeau, the prime minister of canada. >> the idea that the canadian steel thats in military vehicles in the united states, the canadian aluminum that makes your fighter jets is somehow now a threat, the idea that we are somehow a national security threat to the united states is quite frankly insulting and unacceptable. >> thats right. these tariffs all come out of an investigation into section 232 of the trade expansion act of 1962 which gives the commerce department the...