US EditionTrump insists ‘it’s all going to work out really well’ and admits to ‘transition costs’ to get new trade deals
- Donald Trump stated that the ongoing situation will eventually resolve positively, while acknowledging 'transition costs' for new trade deals.
- Farmer Jim Hartman reported that Trump’s tariffs and cuts could lead him to lose over half his annual income, which he claims is around $150,000 a year.
- Hartman mentioned that the increased costs and halted federal programs have severely impacted his business and hiring capability.
51 Articles
51 Articles
Trump has 90 days to do 150 trade deals. Financial markets aren’t buying it
President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers as America works out new trade agreements around the globe.
Trump concedes 'transition problems'
President Donald Trump claimed victory over Europe in the US tariffs war but acknowledged a "cost" to his surging trade offensive against superpower rival China as markets plunged again Thursday. Trump sought a victory lap at a White House cabinet meeting, saying the European Union had backed off from imposing retaliatory tariffs because of his tough stance on China. "They were very smart. They were ready to announce retaliation. And then they h…
Trump recognizes ‘transition problems’ after tariffs on China: ‘It will cost, but it will be wonderful’
U.S. President Donald Trump admitted Thursday that there will be a “cost and transition problems” for his tariff policy, especially aggressive against China, after he increased tariffs on the Asian giant from 84 percent to 125 percent. During a meeting with his cabinet open to the press, the U.S. president said he trusts that his country and China will end up negotiating “something very beneficial for both nations” and added that he has “great r…
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