Influential members of Congress, including the senator poised to become secretary of state in the incoming Trump administration, are pressing hard to revoke China’s Permanent Normal Trade Relations with the United States. Commonly known as “Most Favored Nation” status, PNTR means that Chinese goods being imported into the United States are granted the most advantageous […]
WASHINGTON — The top United States trade negotiator said China is failing to live up to its trade commitments from last year and that Washington would soon have “frank conversations” with Beijing. In a speech Monday in Washington, U.S. Trade Representative Katherine Tai said, “China made commitments intended to benefit certain American industries, including agriculture, that […]
“Trump pledged to eliminate the trade deficit and end job outsourcing, but the overall 2020 deficit is on track to be larger than when he took office, and his Labor Department has certified more than 300,000 American jobs were lost to outsourcing and imports during his presidency.” Donald Trump promised on the campaign trail […]
Former Trump staffers previously revealed the president’s desire to buy Greenland from Denmark, a proposal one Danish official called “final proof that he has gone mad.” A former Homeland Security official said this week that in addition to suggesting the U.S. sell Puerto Rico as the island territory was struggling to recover after Hurricane Maria, President […]