US EditionTrump’s trade demands go beyond tariffs to target perceived unfair practices
- The Trump administration unveiled sweeping tariffs on April 2, postponing them for 90 days to pressure other countries in global trade negotiations.
- The tariffs aim to force foreign nations to dismantle broad trade barriers, including non-tariff issues like currency values and regulatory policies.
- The White House seeks higher revenues, more manufacturing jobs in the U.S., and major foreign policy changes, while some countries still define negotiation terms.
- President Trump accuses Germany, China, and Japan of 'global freeloading' through currency devaluation, noting the dollar fell from 160 to 140 yen recently, with further decline expected.
- The tariffs and expanded trade demands could trigger complex negotiations, with difficulties ahead due to resistance on non-tariff issues and minimal chances countries will alter taxes like VAT.
72 Articles
72 Articles
Portugal Left Challenges the Trump Tariffs
Donald Trump began a blackmail strategy with tariffs that has ended in a trade war with several countries. Now, he has paused some tariffs for 90 days and the European Union reciprocated, but the dispute with China continues. The impact of the announced trade war was felt on the stock market, with fluctuations, susceptible to rumours. In an interview with Esquerda.net, Francisco Louçã, economist, founder and candidate of the Left Bloc for the Br…
Why Trumpism won't fix Clintonomics
As a longtime critic of the Clinton administration’s “free trade” agreements, I’ve lately been mocked by liberal friends who suspect I’m sympathetic to the “plan” hatched by Donald Trump and his senior advisor on trade, Peter Navarro, to “ruin” the country with indiscriminate import tariffs. This sort of jokey ridicule goes with the territory when you jab at neoliberalism from the left. Bill Clinton still has legions of fans among the Democratic…
Trump’s tariffs set off the accounts of U.S. companies
U.S. President Donald Trump poses the trade war as a way to protect U.S. industry from foreign competition. Tariffs, however, are fully affecting the performance accounts of their own companies. Dozens of large U.S. multisector companies have alerted in their first quarter performance presentations of the impact they will suffer from Trump's new trade policy.Continue reading
More PH-US meetings set during 90-day freeze on tariffs
Trade Secretary Ma. Cristina Roque on Monday said the Philippines will hold more meetings with United States officials to advance tariff negotiations, suggesting that discussions could extend throughout the 90-day pause of Trump’s planned trade measure. “The negotiation is a process. Not a one-time meeting. We believe the meeting went very well and our points
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