Page 7 - Trade Rep News Today

Cathedral in a daring plot. making off with jewels belonging to former monarchs. they were taken from the cathedral west of stockholm. they were stolen from the motor boat. the items stolen were part of the funeral regalia from the king and queen. it pales in comparison to the swedish culture history. president trump ratcheting up the pressure on the trade war on china. stock futures pointing to loses this morning. global markets dropping. u.s. stocks finished mixed. jobs reports on friday cou...

Tariffs, zero non-tariff barriers and no subsidies. i think well get there, at least a great distance. >> bill: why do you think that? the headline out of china today, chinese shares tumbled the most in a month on thursday meaning today after president trump instructed his trade rep to go for $200 billion more. are you saying that were squeezing beijing into a deal? >> i think thats true. china is very vulnerable to the u.s. economy. theyve had huge growth rates for 50 years, bill, way higher th...

And vaughn something that happened on the hill this morning. senator jack reed in an appropriations hearing quizzing ambassador robert lighthizer, u.s. trade rep, during a senate hearing about whether canada should have been hit with these tariffs under the national security provision of the trade law, as it was, which as you know was terribly offensive to the canadian government. lets watch. >> is canada a national security threat to the united states, justifying this? yes or no? >> in the case...

And u.s. trade rep. tariffs mean when u.s. companies import chinese goods, they have to pay the government. the u.s. is targeting 1,300 items. aerospace equipment and tech and manufacturing and medical supplies. the white house is moving ahead despite multiple rounds of trade talks with beijing. the recent summit is looking at tariffs on items from canada and mexico is of concern. this fulfills trumps goal of cutting the trade deficit with china. his previous economic adviser gary cohn stated th...

Escalating trade tensions with the two largest economies. sources say the president gave the green light after meeting with the top economic officials. commerce secretary and u.s. trade rep. when u.s. companies import chinese goods, they have to pay the government. it will be tariffs on aerospace equipment and tech and manufacturing and medical supplies. the u.s. is moving ahead despite the trade talks with beijing and summit with north korea. this fulfills the goal of trying to cut the trade de...

That, my friends, gives us a trade surplus of $8.4 billion. >> boom. >> canada says it will impose retaliatory tariffs on u.s. goods july 1st. it remains to be seen what they will be. no doubt, u.s. exporters will feel the pain. the u.s. trade rep says the canada was the united states largest goods export market last year. >> all right. thank you for that. cnbc is joining us. ron, heres the probm. you rember back in the day, before nafta, back in the day before the free trade agreement, you and ...

Turn up the volume for this. facts. president trump has claimed the u.s. has a trade deficit with canada. for facts sake, lets set the record straight. i know sean hannity and tucker carlson love to take our segments. heres one. according to the office of the u.s. trade representative, u.s. goods and services, because thats how you look at the whole number, boys, that trade with canada totaled $674 billion in 2017. now, when president trump says theres a trade deficit, its only when it comes to ...

I think it will end up the tariffs off and the barriers down. >> earlier today at the white house, president trump met with republican lawmakers from states that have a levy agricultural economy to try to ease their concerns about this ongoing spat on trade between the u.s. and china, shepard. >> shepard: the president said hes considering more trade talks. >> this came out of left field. republican lawmakers said that the president has top his top trade rep and larry kudlow, his economic advise...

When the united states was part of the transpacific partnership. today meeting with lawmakers and governors who represent states that have a big agricultural presence. who fear the impact of china, u.s. trade, trade war or tough trade relations. so what the president did according to senators who were there is instruct kudlow, his new director of the economic council and u.s. lighthouser, the u.s. trade rep, to get to work on reconfiguring a transpacific partnership as a way of bringing the u.s....

Would have given the united states a big footprint economically in the asia pacific region was a terrible mistake because it took away our leverage with china. what the president is doing right now is kind of engaging what i call almost 19th century economic policy which is to get us involved in a trade war which is not the way to deal with china and not in the best interests of our country. the frustration i have with this administration is they seem to be debating whether we want 19th or 20th ...