Trade Deficit in Goods Surges To Highest in Over Two Years
A growing trade deficit usually means the budget deficit will grow also as government payments are needed to fill the hole in the economy created by unbalanced imports.
A growing trade deficit usually means the budget deficit will grow also as government payments are needed to fill the hole in the economy created by unbalanced imports.
There’s an electorally powerful coalition for American first economic policies from border security and deportation, to tariffs and trade, to energy abundance and independence.
Vice President Kamala Harris attacked the idea of placing United States tariffs on foreign imports to favor domestic producers during her speech at the Democrat National Convention (DNC).
Tariffs tend to be paid for by exporters and importers, not consumers.
Italian Prime Minister Giorgia Meloni arrived in Beijing on Saturday for a five-day visit intended to “relaunch” relations between Italy and China.
The resurgence of claims that Donald Trump’s proposal for a 10 percent across-the-board tariff amounts to a tax on the American middle class calls for a deeper dive into why these assertions miss the mark.
The Biden administration is finally cracking down on Mexican imports that use steel or aluminum from China by imposing tariffs.
Trump has a chance to defend his title of “Tariff Man” in tonight’s debate. We’re hoping he takes it.
On Friday’s broadcast of MSNBC’s “The Last Word,” White House Council of Economic Advisers Chair Jared Bernstein stated that the tariffs on China that President Joe Biden announced are different from the approach of 2024 Republican presidential candidate former President
It behooves us at the Breitbart Business Digest to again explain that Donald Trump’s proposed tariffs are not necessarily inflationary, and the people telling you that they are are partisan hacks with no credibility on the matter.
Former President Donald Trump is floating a policy that would put United States tariffs on foreign countries that refuse to take back their nationals who are illegally in the U.S. and have been ordered deported.
Peter Navarro, the former top economic Trump aide who is currently in federal prison for standing up against subpoenas from the January 6 committee, is speaking out from behind bars in an exclusive interview with Breitbart News.
United States tariffs on China-made imports have helped rescue America’s left-behind textile industry from devastation after decades of free trade that came with mass layoffs of the nation’s textile workers.
During an interview aired on Monday’s broadcast of NPR’s “Morning Edition,” Colorado Gov. Jared Polis (D) stated that the China tariffs announced by President Joe Biden will raise prices and harm the deployment of solar energy because “we need” Chinese
Tesla CEO Elon Musk, whose EV company is deeply involved in Communist China, recently expressed his disapproval of the recently announced 100 percent tariff on Chinese-made electric vehicles during the VivaTech conference this week.
Turkey has entered “advanced negotiations” with Chinese electric vehicle (EV) giants BYD and Chery to establish factories in Turkey.
As President Joe Biden announces new United States tariffs on several Chinese products, including Electric Vehicles (EVs), China-based corporations may evade those tariffs by rerouting production through other countries.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” Sen. Mark Warner (D-VA) responded to President Joe Biden’s prior criticism of the Trump China tariffs by stating that China doesn’t follow market rules and saying that “I’m sure I probably took a
China’s state-run Global Times on Wednesday dismissed tariffs that the Biden administration threatened as a “farce.”
During an interview aired on Tuesday’s broadcast of NPR’s “Morning Edition,” U.S. Trade Representative Amb. Katherine Tai responded to concerns that the Biden administration’s China tariff regime, which includes keeping tariffs from the Trump administration, will be inflationary by stating that
On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by
During an interview with Bloomberg on Tuesday, U.S. Trade Representative Amb. Katherine Tai stated that the Biden administration announcing new tariffs on China and keeping the ones put in by the Trump administration doesn’t show Trump had the right approach
The Trump campaign slammed President Joe Biden’s announcement on Tuesday that he was raising tariffs on Chinese electric vehicles, calling it a “weak and futile attempt to distract” from the harm his electric vehicle mandate is doing to the U.S. auto industry.
The Chinese Communist Party’s (CCP) premier automaker, BYD, is selling a $12,000 Electric Vehicle (EV) that “could be a nightmare” for the United States auto industry without an all-out ban or steeper tariffs on such cars made by Chinese companies.
An American PPE manufacturer told Breitbart News that the Biden administration’s tariffs on Chinese-made PPE are too little, too late.
Biden’s late-in-the-game embrace of tariffs is widely seen as an election year pivot to win support in battleground states.
Portfolio manager Steve Eiseman expects Donald Trump will raise tariffs on China but called claims that this would cause inflation “ridiculous.”
Hundreds of West Virginia workers have been thrown back into job hunting in a labor market with slashed wages as a plant in Weirton closed last week. The plant closure comes as the federal government refused to impose tariffs on cheap imported tin.
Senators are calling on President Joe Biden to hike United States tariffs on imported aluminum to save American jobs.
Secretary of State Antony Blinken landed in Shanghai, China, on Wednesday afternoon for meetings with senior officials, receiving no significant honors upon his landing and preceded by loud warnings from the Foreign Ministry to avoid challenging the Communist Party on its belligerent policies.
Peter Schweizer, the author of Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, dismissed President Joe Biden’s plan to call for raising tariffs on Chinese steel and aluminum during a campaign speech to American steelworkers in Pittsburgh on Wednesday.
China’s effort to jump-start its economy by exporting a vast quantity of cheap manufactured products is running into unexpected resistance from the United States, European Union, and even developing nations such as Brazil and Mexico. All of these nations are concerned with market disruptions caused by a tidal wave of Chinese imports, as happened during the “China Shock” two decades ago.
Most likely voters support former President Donald Trump’s plan to impose 10 percent tariffs on all imports to protect American jobs and wages, a new poll reveals.
The United States needs an industrial policy that promotes the domestic industrial base, Sen. Marco Rubio (R-FL) outlined Tuesday.
A majority of voters support the United States placing a ten percent tariff on all imports, a poll recently found.
The once and possibly future President Donald Trump’s proposal to implement a tariff of ten percent on goods imported into our Republic has been met with a cantillating chorus of critiques claiming they will come at a cruel cost to consumers.
Democrats are siding with former President Donald Trump in suggesting that the United States must protect the nation’s auto workers.
Industry insiders agree with former President Trump’s suggestion that China is looking to annihilate American auto manufacturing.
President Joe Biden’s State of the Union (SOTU) speech included a brief mention of China, but the language was carefully trimmed to avoid saying anything that might offend Beijing, beyond the most cursory mention of Taiwan.
After a federal agency refused to allow the Department of Commerce to impose tariffs on cheap imported tin from Canada, China, Germany, and South Korea, about 900 American workers are set to lose their jobs at a plant in Weirton, West Virginia.