China, Vietnam Sign Dozens Of New Deals Strengthening Ties As Trump Works To Renegotiate Trade

Chinese national president Xi Jinping signed dozens of cooperation agreements with Vietnam on Monday to deepen regional economic ties and blunt the impact of wiping out US tariffs that have shook a heavy economy. The deal concluded during XI’s province’s visit to Hanoi focuses on streamlining supply chains and building cross-border rail infrastructure, and building […]

Who Holds The Cards In US-China Trade War?

President Donald Trump and Nationwide President Xi Jinping are in the early stages of a major trade showdown, with each leader equipped with enough ammunition to inflict serious pain on his enemy. China is one of the only countries to retaliate against Trump’s “liberation day” taxation, with the Trump administration increasing the fees for US […]

Can Newsom insulate California from Trump’s trade war?

Washington – Gov. Gavin Newsom last week promised action in response to President Trump’s dramatic decision to increase tariffs on trading partners around the world. But if Trump passes with them, will he have the power to protect California’s economy? Newsletter You are reading the LA Times Politics Newsletter Michael Wilner and Anita Chhabria bring […]

China Fires Back In Trump Trade War

China retaliated against the Trump administration’s new tariffs on Wednesday, and its own tariffs rose sharply, a committee of the China State Affairs Committee announced. Trump administration announcement On Tuesday, US tariffs on Chinese products rose to 104%, and Chinese government said state On Thursday, tariffs on American products will increase from 34% to 84%. […]

Economist For Former GOP President Says US Needs ‘Big Trade Deficit’

Former Reagan economist Artraffer said on Monday in Fox Business that the US should not only tolerate it, but to embrace a significant trade deficit. US stocks plummeted Thursday. President Donald Trump announced new baseline 10% tariffs and increased tariffs in countries with trade disruptions, leading to the worst session of the Dow since June […]

Wall Street Giants Sound Warning Bell On Trump’s Trade War

Wall Street’s key figures express concern about the economic impact of President Donald Trump’s massive tariffs on foreign countries. Billionaire hedge fund investors and Trump’s alliance Bill Ackman Posted X-Sunday claimed that the president’s new mutual tariffs on foreign countries were “large and unbalanced” and did not distinguish between his American friends and his enemies. […]