US Seeks to Isolate China in Trade Talks With Other Nations: Report

Washington is reportedly asking other countries to reduce trade and economic ties with Beijing in exchange for tariff cuts. WASHINGTON—The Trump administration is reportedly seeking to add a condition that would isolate China in its trade negotiations with nearly 70 countries. According to a report first published by the Wall Street Journal, Washington is asking

US Seeks to Use Trade Talks With Nations as Leverage Against China: Report

Washington is reportedly asking countries to ban transshipments, help stop China from dumping cheap goods on the global market, in exchange for tariff cuts. WASHINGTON—The Trump administration is reportedly seeking to add a condition in its trade negotiations with nearly 70 countries that would isolate China. According to a report first published by the Wall

Fed’s Powell says tariffs could lead to inflation, economic slowdown

Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a “challenging scenario” of managing both accelerating inflation and a slowing economy brought on by the impact of President Trump’s tariffs.  In written remarks at the Economic Club of Chicago, Powell reiterated that the Trump administration’s tariffs are “significantly larger than anticipated.”