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The European Union's trade chief said the 27-member bloc is committed to securing a trade deal with the US based on "respect" not "threats". It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU. "The EU's fully engaged, committed to securing a deal that works for both," EU Trade Commissioner Maros Sefcovic said after a call with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick. "EU-US trade is unmatched & must be guided by mutual respect, not threats. We stand ready to defend our interests."...

As part of a flurry of posts on Truth Social on Friday morning, Donald Trump is now proposing slamming the European Union (EU) with a massive new tariff because of the "unacceptable" trade imbalance the U.S. has rung up. Moments after threatening Apple and executive Tim Cook with a 25 percent tariff unless iPhones are made in the U.S., the president moved on to another threat certain to roil the stock market. On Truth Social he wrote: "The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult...

President Donald Trump demonstrated once again why he's the master of the art of the deal. During his trip to the Middle East, Trump made it clear that countries dragging their feet on trade negotiations are about to face the music. So far, the trade negotiations are going well, and the economic apocalypse that Democrats claimed was going to happen hasn’t. It's nothing new for Democrats to be wrong, and while they’re still harboring delusions that Trump is going to kill the economy, his latest move is likely to send them into a tailspin. Trump isn't playing around. With over...

The fix appears to be in for two court cases against President Donald Trump’s tariffs, according to a very knowledgeable source. Last month, five domestic businesses filed a lawsuit in a little known trade court in New York challenging Trump’s tariffs, arguing they have to rely on imported goods that are not reasonably available to them in the U.S. In his April 2 executive order imposing a set of reciprocal tariffs, Trump declared a national emergency, calling trade deficits a threat to the nation’s national security and economy. Trump’s tariffs are central to his economic agenda and designed to reduce...

VIDEOAh! What a difference a mere week makes. A week ago, much of the media was eagerly anticipating a SURGE in inflation due to President Trump's tariffs. They repeatedly cited "experts" proclaiming the inevitability of such a rise in inflation with NO alternative scenario possible. Unfortunately for them, reality did not cooperate with liberal fantasy yet again.

Qatar signs an agreement with Boeing to purchase 160 aircraft — the largest widebody aircraft order in the American company's history

Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity. Make that a partial win for reality. The Administration agreed to scrap most of the 145% tariff Mr. Trump imposed on Chinese goods on April 2 and later. What remains is his new 10% global base-line tariff, plus the separate 20% levy putatively tied to...

Treasury Secretary Scott Bessent says China admitted they ignored trade commitments under Biden because they knew he wouldn’t enforce them: "Told us they ignored their obligations. We had an excellent trade agreement… Biden chose not to enforce it." https://x.com/bennyjohnson/status/1921907299704049986

On Tuesday, May 13, the U.S. Court of International Trade will hear oral arguments in the case of V.O.S. Selections, Inc. v. Trump. This case challenges the legality of certain tariffs imposed on imported goods, raising important questions about the scope of executive authority and the impact of trade policy on American businesses. During the hearing, Jeffrey Schwab, Senior Counsel and Director of Litigation at Liberty Justice Center, will argue that the tariffs exceed the President’s statutory authority and violate constitutional protections for businesses engaged in international trade. WHO: Jeffrey Schwab, Senior Counsel and Director of Litigation for the Liberty...

The Trump administration’s global tariffs face their first major legal test this week when a little-known Manhattan court considers one of the president’s most sweeping assertions of executive power. A three-judge panel at the Court of International Trade will hear arguments Tuesday on whether to halt the levies, which have unleashed a trade war with the world and threaten to upend the global economy. The federal court, which has nationwide jurisdiction over tariff and trade disputes, operates for the most part in obscurity, rarely garnering a mention in major publications and staying off the radar of most attorneys. “Most lawyers...

President Trump vowed to bring “FAIRNESS TO AMERICA!” by deeply slashing prescription drug prices through an executive order he plans to sign Monday morning.

U.S. Secretary of Agriculture Brooke Rollins took bold action to protect America’s food supply and ranching industry from an imminent biological threat. Effective immediately, all live cattle, horse, and bison imports through U.S. southern border ports of entry have been suspended in response to the reemergence of the New World Screwworm. The New World Screwworm (Cochliomyia hominivorax) is a parasitic fly whose larvae (maggots) are flesh-eating parasites that infest warm-blooded animals, including cattle, wildlife, pets, and humans. It is considered one of the most destructive parasites known to livestock. According to the CDC:

U.S. & China strike trade deal

In February, President Donald J. Trump promised “a great trade agreement” with the United Kingdom — and today he delivered with a “breakthrough” trade deal that expands market access, curbs non-tariff barriers, and levels the playing field for American exporters.Promises made, promises kept — and he’s just getting started.It’s the first such deal under President Trump’s transformational plan to liberate Americans from globalist trade policies that make foreign countries rich while Americans get robbed. It’s all part of President Trump’s vision of economic prosperity: fair trade, historic tax cuts, deregulation, and a manufacturing revival that will cement America’s new Golden...

American farmers are behind President Donald J. Trump and his relentless push to restore fairness in global trade and secure new markets for homegrown producers.According to the latest Purdue University-CME Group Ag Economy Barometer:70% of farmers expect the President Trump’s tariffs to strengthen the agricultural economy in the long-term.Farmer sentiment improved in April, marked by rises in current and future expectations.The Farm Capital Investment Index rose to its highest reading since May 2021. “This month, one out of four respondents said it was a good time to make large investments, nearly double the percentage of respondents who said it was...

NOW: President Donald Trump posted on Truth Social: "Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!"

We have a big event happening tomorrow. Katie will get the official unveiling, but a major trade deal was struck between the United States and “a big, and highly respected, country.” Is it the United Kingdom? That’s been circling the rumor mill. We are in trade talks with our cousins across the pond, but they’re not the only ones. Treasury Secretary Scott Bessent will meet with Chinese officials in Switzerland over the weekend. Talks with India are ongoing, but their recent armed spat with Pakistan might put those on hold. Who knows, but trade deals are being hashed out, as...

As we saw previously in Term-1, President Trump has again divided and assigned trade negotiation responsibility to key cabinet members. In this interview with CNN National Economic Council Director Kevin Hassett smiles and walks effortlessly through the narrative engineering attempt by CNN pundit Kassie Hunt.This is a must watch interview if you are following the details of the current global trade renegotiation.Hassett outlines the current status of trade negotiations with some of the biggest trade partners in the world. India and Southeast Asia are being handled by Treasury Secretary Scott Bessent. Commerce Secretary Howard Lutnick is in control of the...

Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved. “I have a deal done, done, done, done, but I need to wait for their prime minister and their parliament to give its approval, which I expect shortly,” Lutnick told CNBC’s Brian Sullivan. The stock market rose to its highs of the session following the comments, as Wall Street is watching closely for signs of progress in trade negotiations. Lutnick did say that he was not dealing directly with...

Mexico will no longer deny Texas farmers the lifeblood of their business, according to the Trump administration. Under a 1944 treaty, Mexico is obligated to send Texas water from the Rio Grande while the U.S. sends Mexico water from the Colorado River. The current five-year deal calls for about 490 billion gallons from the U.S. to flow to Mexico each year, while 570 billion gallons from Mexico is to head north, according to CNN. Because Mexico has been far behind in its obligations, the State Department denied a request for water for Tijuana, marking the first U.S. denial since the...