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President Trump has pushed tariffs to cut the trade gap. But the United States bought more from other countries than it sold to them last year, pushing the deficit to a level not seen since 2008.
President Trump has suspended a planned increase in tariffs on hundreds of billions of dollars in Chinese imports, after what he called “very productive” trade talks in Washington this weekend.
In back-to-back events this week President Trump and his commerce secretary visited the Ohio Valley to tout administration policies aimed at propping up two of the region’s traditional but faltering industries — metals and mining. The president used a Tuesday rally filled with West Virginia coal miners to unveil a new plan to ease pollution… Read More
Automotive manufacturing leaders met in Kentucky to discuss how changes in U.S. trade policy under President Trump affect the industry and its growing presence in the Ohio Valley. Industry leaders gathered for the annual AutoVision conference and many don’t like what they see coming. NAFTA 2.0 negotiations are ongoing, companies are paying tariffs for some steel and aluminum imports and… Read More
President Trump called for a doubling in the tariff on imported steel and aluminum from Turkey, escalating a diplomatic spat with a key NATO ally.
Earlier this week, the Trump administration threatened to increase tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent. China quickly vowed to take countermeasures.
President Trump and EU.Commission President Jean-Claude Juncker say they will not impose further tariffs on each other as long as trade talks continue.
The administration’s list includes more than 6,000 items, including seafood, propane and toilet paper.
CINCINNATI (AP) – A Republican senator and former U.S. trade official says he’s concerned about the impact President Donald Trump’s tariff battles will have on the Ohio economy. Sen. Rob Portman, a U.S. trade representative during George W. Bush’s presidency, says he supports being tough with China but would like to see more caution and… Read More
China is cutting tariffs on vehicles from the U.S. and other countries after President Trump railed against the imbalance in trade tariffs. The cuts could help German automakers as well as Tesla.