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Trials and Tribulations of Trade - The latest from the Trade War front lines

Jun 06, 2019

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  • With President Trump overseas this week commemorating the 75th anniversary of D-Day, there have been no new tariffs announced
  • In his absence, his team works to deliver progress on the different trade fronts
  • On Mexico, where tariffs are due to start Monday, talks were extended and continue today
  • President Trump said “not nearly enough” has been agreed to
  • Mexico’s Foreign Minister Marcelo Ebrard today said “we have some advances" when asked about the talks underway
  • He added that the US wants immediate action while Mexico is looking for longer term steps and not punitive measures
  • An aide to the President said what Mexico has proposed is not enough
  • White House aid Mercedes Schlapp said, “It looks like we are moving towards this path of tariffs
  • President Trump teased reporters with the statement “something pretty dramatic could happen” in the day to come

 

 

Read more on the trade war 

Counting the Casualties: What is the price to be paid if tariffs go to the max promised?

It was you! China publishes white paper, pointing finger at US for causing trade tension

You have your blacklist, we'll make ours! China creating list of "unreliable entities" from the US, saying "Necessary means will be taken" 

Don't Say I Didn't Warn You: Chinese State Media Threatens US with a Big Rare Earth Metals Stick

Tariffs for you too! Trump threatens tariffs on Mexico over illegal immigration, US trade rep not a happy camper 

 

 

  • On China, President Trump reiterated today his intention to hike tariffs on another $300 billion in Chinese imports if necessary
  • He stated, “China wants a deal badly” saying China has sent their top people to get it done
  • However, the 2 countries have not met since the impasse reached in May
  • President Trump and President Xi are likely to meet at the G-20 summit later this month in Japan
  • It is hoped that their face to face will restart talks and set the countries on a path to a final deal
  • Trump said today he will decide on whether to impose additional tariffs on China after the G-20 summit
     

 

 

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