Republican and Democratic senators let loose Wednesday with scathing criticism for President Donald Trump’s escalating tariffs and tariff threats that are attracting retaliation from around the globe.
Commerce Secretary Wilbur Ross tried to defend the tariffs at a Senate hearing, but most of the lawmakers appeared not to be swayed.
If history is a guide, there’s little chance Congress will enact a new farm bill this year. Congress hasn’t enacted a farm bill in the same year it was first introduced since 1990, which is what lawmakers are trying to do this year.
President Donald Trump will not relent in the brewing trade war with China that’s likely to result in even more tariffs and retaliation in the days to come, White House trade adviser Peter Navarro said today.
President Donald Trump announced Monday night that he is ordering that an additional $200 billion in tariffs be levied against Chinese imported goods, raising the stakes in the burgeoning trade war between the two countries.
Farmers in Ohio, one of the states that helped push Donald Trump to victory in the 2016 election, are going to be hit very hard as the president follows through with new tariffs on China, according to a new Ohio State University analysis.
President Donald Trump today announced the U.S. will hit China with $50 billion worth of tariffs on more than 1,000 Chinese productds, taking the U.S. closer to a trade war with the Asian nation, which has threatened to hit back with tariffs on U.S. soybeans, wheat, corn and other commodities.