The overall deficit getting bigger isn't necessarily a bad thing, said Dan Ikenson, director of the Herbert A. Stiefel Center for Trade Policy Studies at the Cato Institute.
U.S.-China negotiators have less than three weeks to come to a deal before the trade war deepens. Tariffs on Chinese imports are set to rise from 10 percent to 25 percent after March 1. An official delegation begins meeting Monday in Beijing, joined by top Trump administration officials — Treasury Secretary Steven Mnuchin and U.S. […]
Chinese and American trade negotiators meet in Washington Wednesday and Thursday to achieve an amicable end to the two countries’ current trade tensions. It won’t be easy. Sure, the United States might lower tariffs in exchange for China taking more of U.S. fossil fuels and soybeans. But the talks could still fail. The Trump administration […]
