Tagged trade

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China rebuffs Trump claim U.S. tariffs are making firms leave

BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy. Trump said in an interview aired on Sunday that his tariffs on Chinese goods are causing companies to…

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Fast Track Stuck At The Station As Pelosi Leads Charge To Kill Controversial Trade Bill

The U.S. House derailed President Obama’s trade bill on Friday. The chamber rejected an amendment designed to save the trade bill  302-126. That measure would have granted financial aid to workers displaced as a result of the trade agreement. However, skeptical members of both parties struck down that amendment, leaving Obama’s controversial trade bill “stuck at the station”, according…

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