While not quite the outright purchase I had hoped for, Denmark has approved the opening of a new U.S. consulate in Greenland.

(more…)

The U.S. and China have reached a limited deal to pause the trade war and remove the threat of new tariffs.

China has agreed to purchase “American farm goods and other products.”

(more…)

Speaker of the House Nancy Pelosi announced the House Democrats have decided to support President Donald Trump’s new NAFTA deal.

(more…)

The trade negotiations between the U.S. and China took a hostile turn Friday, as President Donald Trump plans to raise tariffs on the nation in reaction to Chinese tactics to thwart American demands to reduce tariffs and control fentanyl shipments.

(more…)

President Donald Trump is considering tariffs on French wines in response to the digital tax imposed by Paris that disproportionately targets U.S. tech companies. Earlier this month, the French Senate approved a 3 percent tax on sales generated from digital services...

At the end of May, President Donald Trump threatened to impose tariffs on Mexican imports if our southern neighbor did not do more to stop the surge of migrants headed towards our border.

It looks like it worked because Trump announced on Friday that he has dropped the tariffs as America and...

Someone please tell President Donald Trump to stop with the tariffs! He announced yesterday he wants to impose tariffs on Mexican imports over the migration surge from our southern neighbor.

A tariff of 5% would go into effect on June 10 and could rise to 25% on October 1.

(more…)

The United States was “attacking China’s core economic interests,” Chinese state media said. By making a number of “arrogant demands,” Washington was “trying to invade China’s economic sovereignty and force China to damage its core interests,” Chinese state news agency Xinhua said Saturday. The comments came amid U.S. demands to restrict...

Last week, the Beer Institute and the National Beer Wholesalers Association released their Beer Serves America economic report on the nation’s beer industry.

The timing is intended to mark Memorial Day as one of the top beer-selling holidays of the year and the beginning of the summer beer-selling season.

(more…)

In the midst of the clash between President Trump and Speaker Nancy Pelosi and Buzzfeed rumors, trade talks between the U.S. and China have been chugging along, with an aim to reach an agreement to end the tariff dispute before the 90-day truce agreed to by President Trump and China’s Xi...

Chinese officials are currently planning to send their top trade negotiator to Washington, D.C., next month for trade talks designed to end the tariff battle between the two nations.

Ahead of the meetings, the Chinese are appearing to leverage their influence with North Korea to optimum benefit. North Korea’s Chairman Kim Jong-un...

In a meeting between President Trump and China’s Xi Jinping, Trump agreed to delay the increase in tariffs scheduled for January 1, 2019 while trade talks continue.

The tariffs in question were set to jump from 10% to 25%, but this increase will not take place while the two countries engage in...

Contrary to the mainstream media reporting, President Donald Trump may be winning the trade war with China, according to a leading European think tank.

The tariffs placed by the Trump administration could narrow the U.S. trade deficit with China by 17 percent, a recent paper published by Munich-based EocnPol Europe projects.

“The US import...

NAFTA is now called the U.S.-Mexico-Canada Agreement, or USMCA, after the three countries reached a new deal late Sunday night. From The Wall Street Journal:

The biggest impact is expected to be on the region’s largest industry, autos, requiring a greater portion of vehicles to be made in North America and with...

On Monday evening, President Donald Trump announced new tariffs on Chinese goods worth $200 billion and threatened to add more if the Chinese do not change their trading practices.

Well, that did not work because China answered with new tariffs on U.S. goods worth $60 billion.

(more…)

President Donald Trump announced America has entered a “United States-Mexico Trade Agreement” from the White House, dumping the name NAFTA due to bad connotations.

Trump hopes to start negotiations with Canada ASAP. He said “we’ll see” if Canada will join this agreement or have a separate agreement.

(more…)

The gross domestic product (GDP) hit 4.1% in the second quarter, up from 2.2% in the first quarter. This is the fastest rising GDP since 2014!

The Bureau of Economic Analysis reported that the growth comes “from positive contributions from personal consumption expenditures (PCE), exports, nonresidential fixed investment, federal government spending, and...