USMCA thumbs-up from Senate hands Trump second trade victory

The United States-Mexico-Canada Agreement sailed through the U.S. Senate on Thursday, giving President Trump his second major trade win in as many days. The biggest trade deal of all time, the pact encompasses more than $1.3 trillion of commerce. While winning enough votes to pass … Read More

Trump announces escalating tariffs against Mexico, starting at 5 percent, until illegal immigrants ‘STOP’

posted in: News, United States

President Trump on Thursday abruptly announced a new 5 percent tariff on Mexicobeginning in early June, saying the levy will “gradually increase” until the ongoing illegal immigration surge at the southern border is “remedied” and illegal migrants “STOP.” “On June 10th, the United States … Read More

Under the Gun, Iran Reaches Out to Trump

posted in: Middle East, News

It’s been an interesting few days in ever-turbulent relations between Iran and the United States. Last week, President Trump announced the US would up the pressure on Iran’s economy by removing waivers that have allowed China, India, Japan, South Korea, and Turkey … Read More

Germany vows retaliation for US trade war on EU

posted in: Germany, News

German Economy Minister Peter Altmaier addresses the audience during a conference organized by the Federation of German Industries (BDI) on September 25, 2018 in Berlin. (Photo by AFP) Germany has warned the United States that it will take retaliatory measures … Read More

U.S. touts EU trade truce, attention now turns to China

WASHINGTON (Reuters) – The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the way … Read More