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Tag Archives: American

Trump’s Trade Wars Continues To Ripple Through U.S. Economy

As U.S. President Donald Trump and Chinese Vice Premier Liu He prepare to sign the ‘phase 1’ trade deal, data show that the costs of Trump’s trade wars are proving more widespread, deeper and longer-lasting than previously believed. Research from the U.S. Federal Reserve and other top economists shows that U.S. tariffs on Chinese industrial components and materials, which largely won’t be lifted ...

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Japan-U.S. Pact Takes Effect

A Japan-U.S. trade agreement entered into force, immediately cutting tariffs on American farm products and a variety of Japanese industrial goods excluding passenger cars and auto parts. The same day, a separate bilateral pact setting digital trade rules also took effect. The two agreements are aimed at promoting free trade between the two economies, which together account for about 30 percent of ...

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