Trump says French wine may face a 100% tariff at Hamptons fundraiser

Business 08/18/19, 07:39

President Donald Trump suggested he might impose a 100% tariff on French wine, during his visit to New York’s Hamptons for a fundraiser on Aug. 9. On July 26, the president promised to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon, and Facebook. “It might be ...

US accuses Chinese billionaire of evading $1.8 billion in tariffs

U.S. 08/02/19, 10:09

A federal grand jury in California on Tuesday, July 30, revealed the indictment of a Chinese billionaire for tariff fraud, money laundering, and other serious irregularities. The Central District of California Attorney's Office explained in a statement that it has discovered a complex scheme of financial fraud involving a Chinese aluminum ...

President Trump’s tariff tweet, is not a breech of trust

U.S. 05/31/19, 17:27

Yesterday, President Trump announced a 5 percent tariff on Mexican imports beginning on June 10. In a tweet sent last night, the president called for an increase on Mexican imports until such time as illegal immigrants stop coming through Mexico to the United States. The tariff will increase until the problem ...

Swine fever adds to China’s economic headaches

Business 11/23/18, 03:29

Reeling from rising feed costs in Beijing's tariff fight with President Donald Trump, Chinese pig farmers face a new blow from an outbreak of African swine fever that has sent an economic shockwave through the countryside. African swine fever doesn't affect humans but is fatal to pigs and highly contagious, making ...

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