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Tag Archives: Donald Trump

U.S. Navy Secretary Spencer fired over handling of SEAL saga involving Trump

Reuters, November 25, 2019 By Phil Stewart WASHINGTON, Nov 24 (Reuters) – U.S. Defense Secretary Mark Esper fired the Navy’s top civilian on Sunday over his handling of the case of a Navy SEAL who was convicted of battlefield misconduct in Iraq and later won the support of President Donald Trump. Esper also determined that the sailor in question, Special …

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GOOD TRADE NEWS (for a change): Japan and U.S. agree deal at G7

President Trump shaking hands with Japanese Prime Minister Abe after agreeing a trade deal in France during the G7 meeting

PortandTerminal.com, August 26, 2019 Finally some good news regarding trade agreements. Not with China, but with Japan. BIARRITZ, FRANCE – President Donald Trump and Japan’s Prime Minister Shinzo Abe agreed on the principles of a trade deal on Sunday at the G7 meeting in France. This looks to be especially good news for American corn farmers who have been suffering under …

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Trump Jacks Up Tariffs on Chinese Imports in Latest Trade Tit-for-Tat

Reuters, August 25, 2019 WASHINGTON, Aug 23 (Reuters) – President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in response to what he called a politically motivated move by China to impose tariffs on $75 billion worth of U.S. exports. “Sadly, past Administrations have allowed China to get so far ahead …

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Maersk CEO Wants to Explain Free Trade to Trump

Photo of Maersk CEO Soren Skou

August 15, 2019 by Bloomberg The chief executive officer of the world’s biggest shipping line says he’d like to meet with U.S. President Donald Trump to explain the merits of free trade. Soren Skou, the CEO of A.P. Moller-Maersk A/S, delivered a set of quarterly results on Thursday that show his company has so far managed to ride out the trade war …

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Threat of new September 1 tariffs increase concerns at America’s ports

Photo of President Donald Trump

PortandTerminal.com, August 2, 2019 The American Association of Port Authorities (AAPA), the unified and recognized voice of America’s seaports, is deeply concerned over the renewed threat of increased tariffs. On Twitter yesterday, President Trump criticized the Chinese government for not living up to its trade promise and threatened to retaliate in advance of upcoming talks with an additional 10 percent …

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Trump: U.S. will hit $300 billion worth of Chinese goods with 10% tariff

President Donald Trump

PortandTerminal.com, August 1, 2019 President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties after setbacks in negotiations with Beijing. The new tariffs are scheduled to start on September 1st. Bloomberg is reporting that US stocks have pared gains …

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Trump targets French wine to retaliate for France’s digital tax

PortandTerminal.com, July 26, 2019 The United States will announce retaliatory action against France in response to the country’s new tax affecting American technology companies, President Donald Trump said Friday. WASHINGTON – The United States will announce retaliatory action against France in response to the country’s new tax affecting American technology companies, President Donald Trump said Friday. He suggested he could …

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TRADE: Is America ready for a major two-front trade war?

PortandTerminal.com, July 4, 2019 Donald Trump has threatened fresh tariffs on $4bn of European products including cheese, scotch whisky and olives, ratcheting up pressure on the EU in a long-running row over aircraft subsidies. Brussels, Belgium – With most of the oxygen in the room these days being consumed by the punishing China/United States trade war, it would be easy to overlook …

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Watch: President Trump – Media’s reporting of Iran is “total bullshit”

PortandTerminal.com, May 18, 2019 President Trump on Friday railed against the use of anonymous sources in news reports about his administration, calling it “bullshit.” The president went on a tangent during remarks to the National Association of Realtors in Washington, D.C., complaining about news coverage of his administration’s approach to Iran. “Do you ever notice they never write the names of people …

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