Trump’s threat to sharply increase tariffs would hit China’s economy like a sucker punch

Trump’s threat to sharply increase tariffs would hit China’s economy like a sucker punch

If the US's tariffs on Chinese goods increase to 25% on $200 billion worth of goods on 12:01 am on Friday, as President Donald Trump and his top trade advisers have threatened, it will hit China like a sucker punch — an unexpected, devastating blow that will leave policymakers reeling, at least for a moment.…
Trump’s tax records show his businesses lost so much money over a decade, he didn’t have to pay income taxes for 8 of those ten years

Trump’s tax records show his businesses lost so much money over a decade, he...

President Donald Trump. AP Photo/Alex Brandon President Donald Trump's tax information covering the years 1985 to 1994 show a business empire nearly in ruin, according to financial information obtained by The New York Times.Trump's negative adjusted gross income allowed him not to pay any income tax for eight of those years, according to the records.The…
President Trump’s threat to raise Chinese tariffs sends markets into tailspin

President Trump’s threat to raise Chinese tariffs sends markets into tailspin

President Donald Trump, who has called himself "Tariff Man," took investors by surprise when he escalated a trade war with China in announcing steep new tariffs on Chinese goods. Interested in Donald Trump? Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC…
Trump’s contempt for Congress is apparent

Trump’s contempt for Congress is apparent

Trump's contempt for Congress is apparent
Kennedy on Trump’s economy: Anyone else would be considered ‘greatest president of the modern era’

Kennedy on Trump’s economy: Anyone else would be considered ‘greatest president of the modern era’

Fox Business' Kennedy took Democrats to task Monday for not giving President Trump the credit he deserves for the booming economy while explaining the commander-in-chief's stagnant poll numbers."I think it's laughable," Kennedy said, reacting to Democrats insisting former President Obama get credit for the economic comeback while co-hosting "The Five." "If Hillary Clinton were president, right…
Trump’s top trade negotiator confirms the China tariffs will increase on Friday, accuses Beijing of walking back on trade deal

Trump’s top trade negotiator confirms the China tariffs will increase on Friday, accuses Beijing...

The chief trade negotiator for the Trump administration confirmed President Donald Trump's Sunday tweet, telling reporters that tariffs on $200 billion worth of Chinese goods would increase on Friday at 12:01 a.m. ET. According to US Trade Representative Robert Lighthizer, the 10% tariff rate will rise to 25%, as Trump threatened. Lighthizer and Treasury Secretary…
Trump’s Threats To Raise Tariffs On China Send Markets Falling

Trump’s Threats To Raise Tariffs On China Send Markets Falling

Traders and financial professionals work on the floor of the New York Stock Exchange on Monday. U.S. stock markets fell sharply at the open but crept higher as the day wore on after President Trump threatened to raise tariffs on imports from China. Drew Angerer/Getty Images hide caption toggle caption Drew Angerer/Getty Images Traders and…
Trump’s China threats could cause his North Korea policy to ‘blow up in his face’

Trump’s China threats could cause his North Korea policy to ‘blow up in his...

The ongoing U.S.-China trade talks appeared to turn sour when President Donald Trump on Sunday announced a tariff hike on Chinese goods. China, in turn, is said to be considering skipping this week's planned negotiations.According to the director of Korean Studies at think tank the Center for the National Interest, that recent downturn in Washington-Beijing…
Mark Morgan: What to know about Trump’s choice to lead ICE

Mark Morgan: What to know about Trump’s choice to lead ICE

President Trump’s latest choice to lead U.S. Immigration and Customs Enforcement (ICE) is a former Border Patrol chief under the Obama administration who has backed the president’s border wall.Trump tweeted on Sunday that Mark Morgan “will be joining the Trump Administration as the head of our hard working men and women of ICE.”He added: “Mark…