In the months ahead, tariffs on lumber exports to the U.S. will bite, while uncertainty
over trade policy will continue to impede investment.
On Sept. 5 of this year, the Dow dropped 234 points amid a series of potentially volatile political events, including the debate over raising the debt ceiling, a possible government shutdown, and threats from Trump
over trade policy with China.
Congress has formal authority
over trade policy under the US Constitution, but it has generally delegated much of its authority to the executive branch in modern times.
That would, in turn, give the «America First» trade advisers in the White House a stronger grip
over trade policy and could make other controversial tariff policies more likely in the months to come.
Stock futures were down across the board overnight after President Trump's top economic adviser resigned
over a trade policy dispute.
But there have been signs in the past few weeks that as U.S. President Donald Trump has ratcheted up the pressure on China
over its trade policy — including a series of threats to impose punitive tariffs on Chinese goods coming into the United States — that a backsliding on deleveraging may be close.
Lighthizer, who is seen as solidifying his control
over trade policy, is considered more aggressive about overhauling NAFTA than is Gary Cohn, head of Trump's National Economic Council.
Not exact matches
Trump made the remark as the two sides prepared to hold talks in Beijing on resolving conflicts
over trade and economic
policies that have propelled the two countries toward a full - blown
trade war.
With President Donald Trump due to arrive in Germany later on Thursday, a lawmaker in the country has voiced concerns
over a potential
trade war between the U.S. and Europe as a result of Trump's protectionist
policies.
The U.S.
Trade Representative's office is due to rule on an investigation into China's
policies following concerns
over their impact on intellectual property rights.
Before the Title II reclassification, the Federal
Trade Commission, or FTC, looked
over those
policies.
Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said on Monday that uncertainty
over Trump's
trade and tax
policies could lead automakers to delay investments in Mexico, and he confirmed plans to create 2,000 jobs at Fiat Chrysler's U.S. factories.
Zuckerberg edged closest to taking a controversial stand, perhaps, when he argued that Millennials should identify with globalism
over nationalism, encouraging
policies like free
trade.
Based on wire headlines from Reuters, Xi made all the right noises when it came to the outlook for Chinese
trade policy, helping to calm investor nerves that have been rattled
over the past month as
trade tensions between the United States and China increased.
The results of a world where developed and emerging countries are all pitted against each other will be «intensified conflict on the international stage
over vitally important issues, such as international macroeconomic coordination, financial regulatory reform,
trade policy, and climate change,» they said.
Investors shouldn't worry
over the latest round of
trade policy retaliation between the U.S. and China, according to Goldman Sachs.
Like all small businesses, they have seen ups and downs
over the past year, buffeted by major changes in tax
policy and, more recently, great uncertainty around
trade policy.
Tea Party Republicans, for example, might worry that a straight up and down vote on
trade might give the president too much influence
over economic
policy.
Asian markets have had a good run this year, shrugging off jitters faced at the end of last year
over the potential
trade and foreign
policy implications the new administration of U.S. President Donald Trump would have on the region.
The Trump Administration is staring down a half - dozen deadlines on
trade policy that will create a moment of truth for the White House, which has so far opted for long - term investigations and renegotiations
over immediate challenges to the status quo.
WASHINGTON — The Trump administration this week will unveil the list of Chinese imports targeted for US tariffs to punish Beijing
over technology transfer
policies, a move expected to intensify
trade tensions between the world's two largest economies.
In the early days of the administration, Kudlow was considered to be chair of the Council of Economic Advisers but was passed
over because of his vocal disagreement with Trump on
trade policy.
He explained that his comments, reported by the Globe and Mail, have been taken out of context, saying: «In the context of our current discussions
over trade and globalization, China's
policy in some regards is closer to Canada's
policy than Canada is to the U.S.»
House of Representatives Ways and Means Committee, which has jurisdiction
over U.S.
trade policy,...
Brady, whose committee has jurisdiction
over U.S.
trade policy, was speaking on the sidelines of the latest round of NAFTA...
A China - based business source with knowledge of discussion among senior European officials said there had been a «clear effort» by the U.S. government
over the past six months to introduce a coordinated approach to Chinese industrial
policy, but that Trump's proposed metals tariffs under section 232 of the
Trade Expansion Act of 1962 had undermined support from Europe.
The decision to invoke national security
trade protections
over the objection of the defense secretary raises questions about the coherence of
policy processes.
Much of the debate
over Trump's
trade policy seems to miss the point that the economic effects of any
trade measure depend on how it affects capital.
[2] Each quarter in the Statement on Monetary
Policy, we publish forecasts for Australia's major
trading partners» GDP growth, as well as Australia's terms of
trade, GDP growth, unemployment rate and inflation
over the next two - and - a-half years.
Over time, the coalition of left - wing skeptics of the prevailing
trade policy regime has developed an increasingly sophisticated critique:
WASHINGTON (Reuters)- The Trump administration this week will unveil a list of advanced technology Chinese imports targeted for U.S. tariffs to punish Beijing
over technology transfer
policies, a move expected to intensify
trade tensions between the world's two largest economies.
For now, undaunted by the prospect of a
trade war, President Trump has doubled down on his
policy, threatening European car exports at a rally
over the weekend.
But on a more basic level, if communities and workers are being left behind, the question is: Why privilege
trade over other
policy levers — whether that means restricting it, as Trump wants to do, or expanding it, as many economists advocate?
But it also refers to a very real
policy debate that is currently roiling the GOP
over how to think about
trade policy.
But while Trump has been all
over the map on most
policy issues
over the years, skepticism about the merits of international
trade has been a major throughline in his thinking.
Meanwhile, Bloomberg is also reporting that the Federal
Trade Commission is opening a probe into Facebook and the misuse of personal data, related to a consent decree that was issued in 2011
over the social network's personal data handling
policies.
Now, the tariffs alone are likely to hurt the economy, but a strong majority of Fed officials said that the possibility of
trade retaliation and general uncertainty
over the
policy could wind up being damaging.
However in the first quarter of 2018, DM growth began to moderate alongside rising worries of protectionist
trade policies, renewing concerns
over the near term growth outlook
G - 20 Finance Ministers and central bankers meeting in Baden - Baden
over the weekend dropped a long - standing reference to the pursuit of free and open
trade and the rejection of protectionism in their official commnique, a move many saw as a swipe at U.S. - focused
trade policies pursued by the Donald Trump administration.
With tough and uncertain negotiations happening simultaneously with the United States
over NAFTA, Japan
over TPP and with China (plus Southeast Asia and India down the line), Canada's
trade policy is at a critical juncture.
trade regulations and procedures and actions affecting production, pricing and marketing of products, including
policies adopted by countries that may champion or otherwise favor domestic companies and technologies
over foreign competitors;
The day's
trading was driven by uncertainty
over how to interpret the Federal Reserve's recent
policy statement as well as worries
over talks in Beijing designed to avert a full - blown U.S. - China
trade war.
U.S. stocks
traded in record territory on Wednesday as the risk of persistently weak inflation hung
over the Federal Reserve's most recent
policy meeting.
Using history as a guide, all - out
trade wars prove to be devastating and this recent shift is a clear departure from
trade policy that has held precedent for
over 80 years.
Concerns
over trade imbalances, alleged
trade - rule violations, subsidization and state - owned enterprises, metastasizing industrial
policies, discriminatory treatment of non-Chinese companies, and other forms of
trade and investment protectionism have preoccupied Washington for a decade — ever since the United States limped out of a debilitating recession to find that China had supplanted it as the world's largest manufacturer and had set its sights on leapfrogging the United States, at all costs, to the technological fore.
Larry Kudlow, a CNBC television commentator and longtime cheerleader of President Trump, will replace Gary D. Cohn, who resigned
over the president's
trade policies.
Dr. Anna Biolik, Chief Executive Advisor and VP with the Allam Advisory Group is a former Canadian Ambassador and diplomat with
over 30 years of public and private sectors experience in diplomacy, international commerce,
trade policy, and international governmental affairs.
With mounting uncertainty
over the future of the North American free -
trade agreement and more states eyeing possible Buy American rules, Ontario is keeping the
policy ready in case it is needed, a senior government official told The Globe and Mail.
While there are potentially serious issues surrounding U.S.
trade policy, for the first time in years there is clarity
over corporate taxes.
Based on the near - term outlook for real rates, as well as uncertainty
over Brexit, rising populism in Europe and Trump's
trade and foreign
policies, Metals Focus analysts see gold testing $ 1,475 an ounce this year.