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‘Companies are going to get screwed’: US businesses are trying to get exemptions from Trump’s tariffs, and the process sounds like a...
The Commerce Department has received over 20,000 requests for exclusions from President Donald Trump's steel and aluminum and according to a new report the process to review those requests is getting chaotic.
Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped
Three days after receiving inquiries from the New York Times, Ross made the so-called short sale in Navigator Holdings. He closed out his position nearly three weeks after the Paradise Papers showed his investment and the company's link to the Kremlin.
An internal report from the White House Council of Economic Advisers showed that President Donald Trump's tariffs will be damaging to the US economy according to a new report. Most economists and trade experts also estimate that the tariffs will hurt the economy.
ZTE will be forced to pay a fine of $1 billion and make changes to its executive team, according to Commerce Secretary Wilbur Ross. The deal comes after weeks of talks between the Trump administration and the Chinese government.
President Donald Trump's decision to impose tariffs on Canada, Mexico, and the European Union for steel and aluminum has reignited tremendous frustration from his Republican allies on Capitol Hill and elsewhere, breaking from longtime free-trade orthodoxy on the right.
Commerce Secretary Wilbur Ross said the new steel and aluminum tariffs would not affect the European Union and the United State's relationship. Ross also downplayed the economic and market changes that the tariffs are likely to cause.
A group of 27 senators, both Republican and Democrat, sent a letter to top Trump officials on Tuesday requesting caution during trade negotiations with China. The lawmakers specifically warned against loosening export controls on key US technologies since doing so could help boost China's military.
Fights between major players in President Donald Trump's trade team helped Chinese officials from making major commitments in the Us-China trade deal that was announced on Saturday.
The free trade and protectionist wings of President Donald Tump's economic team appear to be in open battle against each other. The fight comes at a critical juncture for US trade policy.
House Speaker Paul Ryan set a May 17 deadline for the Trump administration to send a NAFTA deal to Congress. Given the large number of major issues outstanding and pessimism from Trump officials, it looks like that deadline is going to be missed.