Chinese exports to the U.S. have tumbled as President Trump’s tariffs take hold. Beijing’s exports to the U.S. fell 22 percent in September with total exports falling 3.2 percent. Imports also fell sharply and are down 8.5 percent from September 2018.
Senior officials from the U.S. and China are hammering out a trade deal in Washington D.C. Thursday’s meeting kicks off two days of negotiations. One America’s Emerald Robinson has more from the White House.
President Trump said he will not accept a bad trade deal for the America people. While speaking at the UN General Assembly Tuesday, he criticized China for alleged currency manipulation and intellectual property theft.
Vice President Mike Pence recently delivered a speech at the Heritage Foundation, where he pushed Congress to pass the USMCA trade deal. One America’s Chanel Rion has the details from Washington.
House Speaker Nancy Pelosi said she believes the president had to something about China. During an interview Tuesday, she claimed President Trump had to challenge China, although she is unsure about the steps he took towards holding the country accountable for its abusive trade practices.
The Trump administration says it hopes to address concerns with Democrats over the USMCA to come to an agreement and pass it within 60 days. One America’s Emerald Robinson has more from the White House.
The Defense Department is composing a list of companies with ties to the Chinese military. The Pentagon is reportedly identifying Chinese companies and organizations with direct or indirect links to Beijing.
As U.S.-China trade talks are set to resume, small businesses are seeing some gains and it could be thanks to policies put in place by the Trump administration. One America’s Chanel Rion has more from the White House.
White House trade adviser Peter Navarro said he’s 100-percent confident Congress will pass the landmark United States-Mexico-Canada Agreement by the end of the year.