The FBI’s raid on President Trump’s Mar-a-Lago estate may have backfired.
OAN NewsroomIt seems to be another round of tit for tat measures between the U.S. and China as Beijing announced it will raise tariffs on $60 billion worth of U.S. imports. The announcement comes just days after President Trump raised tariffs on $200 billion worth of Chinese goods from 10-percent to 25-
President Trump is celebrating the success of the U.S. economy, while other large economies — specifically China — are seeing disappointing figures.
In a tweet Tuesday, the president said the U.S. has a great economic story to tell. He claimed the U.S. has the number one economy in the world by far.
Despite a strong economy, the U.S. trade gap has continued to widen due to a record high number of imports.
Beijing recently announced it’s in talks with U.S. officials about a possible meeting in Argentina.
At a press conference Tuesday, Chinese Foreign Minister Lu Kang said the country’s president plans to meet President Trump at the G20 summit in Buenos Aires next month.
The proposed talks will focus on striking a deal to resolve trade tensions between the two nations.
Trump is winning a battle in his trade war with europe. We’ll still have to see about the battle with China. Europe runs a 151 billion dollar trade deficit with the United States. They are one of the largest deficits of any world unit of the trading world with most of it being cars. The problem is that the europeans impose a 10% tariff on American cars and we only have a 2.5% tarraf on european cars that are sold in the United States.
Obviously european cars have a