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Ben & Jerry’s co-founders announced a limited edition ice cream on Friday in support of Sen. Bernie Sanders (I-VT) and his presidential bid. Ben Cohen, a co-founder of the Vermont-based ice cream giant, announced the new political flavor in a tweet Friday morning. He said Sanders is “the best candidate to beat Trump and drive the transformational change that we need to create a country that works for working families”:

As China considers ways to retaliate against President Trump’s mounting tariffs, it has increasingly acknowledged that it must first address its main obstacle to punching back: its own slumping economy. Chinese officials have vowed to respond with measures of their own if Mr. Trump follows through on his threat to put 10 percent tariffs on $300 billion in Chinese imports a year. If Mr. Trump enacts the tariffs next month, as he said he would do on Thursday, the costs would rise for nearly everything China ships to the United States, from shoes to car parts to the latest gadgets....

Chuck Schumer offered some rare praise for President Trump on Thursday, amidst his decision to slap a 10% tariff on $300 billion worth of Chinese goods on Sept. 1. “We have to be really tough on China. They’ve taken advantage of us,” he said. “America has lost trillions of dollars and millions of jobs because China has not played fair. And being tough on China is the right way to be.” Schumer is a frequent critic of the president and his trade policies.

Press Release (note, press releases can be published in full): WASHINGTON – The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French in response to the Trump administration’s plans to impose a 10 percent tariff on $300 billion worth of goods imported from China beginning September 1. “As we’ve said repeatedly, we support the administration’s goal of restructuring the U.S.-China trade relationship. But we are disappointed the administration is doubling-down on a flawed tariff strategy that is already slowing U.S. economic growth, creating uncertainty and discouraging investment. These additional tariffs will only...

US President Donald Trump announced on Thursday that he will impose new tariffs on US$300 billion worth of Chinese imports following a high-level trade mission that, Trump said, produced too little in terms of concessions from Beijing. US customs will impose “a small, additional” levy of 10 per cent on the imports, starting September 1. “China agreed to buy agricultural product from the US in large quantities, but did not do so,” the US leader said in a series of tweets. “Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States –...

When US President Donald Trump’s administration imposed tariffs on US$250 billion of Chinese goods last year, the move was sold to the American public as a magic bullet that would bring jobs back to the US. It misfired. Under mounting pressure as tariffs threaten to drive up costs, US manufacturers in China are indeed packing up and heading elsewhere. Companies including Nike, Crocs, Roomba and GoPro are now producing most of their goods outside the country, having set up operations in Vietnam, India, Bangladesh and Mexico. Dell, Sony, Nintendo and HP are reportedly considering such moves. But very few are...

<p>Proud of Shep Smith for figuring out that if corporations are taxed more, they pass it on to the consumers.</p> <p>Cut the corp tax rate and it'll save us all a pile of money.</p> <p>By the way, wonder when he'll figure out how stupid it was to shift all our manufacturing jobs to China in the first place?</p>

President Trump announced Thursday that his administration would impose a 10 percent tariff on the $300 billion of imports from China that have not yet been subject to new import duties. Trump described the new tariffs as “small” and said talks would continue. The new tariffs will kick-in on September 1, according to President Trump’s tweet. In his tweets, Trump accused China of repeated reneging or failing to live up to past agreements. Donald J. Trump ✔ @realDonaldTrump · 1h Our representatives have just returned from China where they had constructive talks having to do with a future Trade Deal....

Trump is working on a proposal that would allow the U.S. to import drugs from Canada, HHS Secretary Alex Azar says.“Working on a plan on how we can import drugs safely and effectively from Canada so the American people get the benefit of the deals that pharma themselves are striking with other countries,” he says.

Is a trade deal with China just around the corner? The White House announced this morning that an “enforceable trade deal” is now in sight after “constructive” talks with China in Shanghai. In a key concession, China has agreed to open its market for more American agricultural imports, which would be a huge win for farmers in the Midwest.That is, if China gets pinned down to that position: Update from the White House on the Shanghai talks: "The Chinese side confirmed their commitment to increase purchases of United States agricultural exports. … we expect negotiations on an enforceable trade...

The Democratic debates tonight and tomorrow will likely stick to the familiar script from the first ones, with candidates tripping over each other to see who can promise the biggest tax-spend-and-regulate agenda. This doesn't make for compelling television. President Trump nailed the description of the first round with his one-word tweet, "BORING!" To make the debates more exciting to watch and to provide voters with a glimpse of reality into Democrats' fantasy-world policy proposals, the CNN moderators must press the candidates on the consequences of their proposals. A good place to start is by challenging their uniform support of the...

The dramatic collapse in US-China talks in May suggested that Chinese negotiators did not have full political backing for the concessions they proposed to reach a deal to end the trade war, according to a veteran US trade official ahead of the resumption of face-to-face negotiations this week in Shanghai. China was reported to have made last minute, large-scale edits to a near-150 page trade agreement draft, which scuppered the prospects for a deal after 11 rounds of negotiations. The changes suggested that Chinese negotiators never “really connected with all the people who needed to be connected to in order...

Stop us if you've heard this before. According to Reuters, President Donald Trump said that Apple will follow his wishes by opening a U.S. factory in Texas. The president's comments were made the same day that he disseminated a tweet saying that he would not grant the tech giant a waiver that would prevent it from having to pay import taxes on parts for the Mac Pro imported from China. Trump also pointed out that if Apple made the parts in the states, it wouldn't face tariffs on them. While Apple designs its products in the U.S., many of them...

The U.S. economy is roaring. More voters rate the economy positively today than have since 2001. According to spending data from June, Americans spent more at restaurants and retail locations than expected, while U.S. manufacturing output continues to rise. As Federal Reserve Vice Chair Richard Clarida recently put it, "The U.S. economy is in a good, good place. We have a solid growth rate. We have a strong labor market. Inflation is stable." He’s right. Economic growth has been north of 3 percent during much of Trump’s presidency. Employers are creating jobs, employees are happy with raises, bonuses, and newfound...

President Trump Building Economic Landscape for 2020…Earlier today President Trump sent a warning tweet about Apple possibly incurring tariffs on their products if they continue a plan for manufacturing in China. Later in the day the president answered direct questions about those possible tariffs. Additionally, Secretary Wilbur Ross was very insightful when he also spoke of the current U.S. perspective toward the U.S-China trade negotiation. If you have followed the basic road-map of America-First, there’s a very clear picture; however, most pundits and trade analysts will likely ignore the message. [Apple will not be given Tariff waivers, or relief, for...

... Business investment has been cool since last year’s third quarter when the President revved up his trade brawl with China. Executives have reported delaying investment decisions since they don’t know the impact of his multifront trade war on cross-border supply chains. Foreign investment in the U.S. has been declining with capital flows from China falling 87.9% between 2016 and 2018. Trade uncertainty increased last quarter after negotiations with China collapsed in May. Then the President threatened tariffs on Mexico as a cudgel to curb immigration from Central America. Around the same time, the Trump Administration blindsided businesses with a...

The costs of America’s trade disputes with the world continue to mount. Academic studies document clearly, for example, that new U.S. tariffs on washing machines and other products have raised U.S. consumer prices of those goods, thereby cutting into Americans’ real incomes. New government data suggest that another cost is building. Foreign direct investment into America by multinational companies headquartered abroad is falling. In 2015 and 2016, America’s FDI inflows totaled $482 billion and $486 billion, respectively. Soon after taking office in January 2017, President Trump launched several new trade disputes; that year FDI into the U.S. tumbled nearly 40%...

President Trump threatened Guatemala on Tuesday with tariffs and remittance fees after the Central American country pulled out of their agreement with the Trump administration. As The Hill reported the two countries had not formally committed to such a safe third deal, which would require Guatemala to process asylum claims from migrants who set foot there first on their way to the United States. Guatemala’s Constitutional Court earlier this month blocked President Jimmy Morales from declaring the nation a safe third country. President Trump: Guatemala, which has been forming Caravans and sending large numbers of people, some with criminal records,...

According to the Communist ideology, ‘We are the people’s representatives’, so the party cannot accept people rising up against it and forcing it to back down,” said Joseph Cheng, retired political science professor at the City University of Hong Kong. The authorities also have a deep-rooted tendency to blame problems on foreign interference instead of their own governance weaknesses, political commentator and veteran journalist Ching Cheong said. “China sees Hong Kong as influenced by years of colonial rule and having no sense of responsibility to introduce laws to protect the national security or to help the country nab fugitives,” said...

Some Chinese companies are seeking new purchases of U.S. agricultural products, China's official Xinhua news agency said on Sunday, citing authorities, as Beijing and Washington look for ways to end a protracted trade war. U.S. President Donald Trump and Chinese President Xi Jinping agreed at last month's G20 summit in Osaka to restart trade talks that stalled in May. Trump said at the time he would not impose new tariffs and U.S. officials said China agreed to make agricultural purchases. But Trump said on July 11 that China was not living up to promises to buy U.S. farm goods. Chinese...