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White House clarifies new China tariff rate of 145%, not 125%
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Approved, National, Washington Examiner

White House clarifies new China tariff rate of 145%, not 125%

By Christian Datoc | Washington Examiner President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials. Trump made headlines and shifted financial markets Thursday by announcing a 90-day pause on his reciprocal tariff agenda for all U.S. trading partners besides China, Canada, and Mexico. Throughout the pause, the administration will seek to broker bilateral agreements with more than 80 trading partners now facing a 10% tariff rate for the next three months. Canada and Mexico will still be subject to a 25% tariff rate for all non-USMCA-compliant goods, but the president bumped China’s tariff rate to 125% after Beijing placed new tariffs on American exports. However, White Hou...
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Stocks soar after strong demand in treasury auction and tariff pause
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Approved, Breitbart, National

Stocks soar after strong demand in treasury auction and tariff pause

By John Carney | Breitbart Wall Street surged Wednesday after a blowout 10-year Treasury auction helped calm fears of a financial crisis, delivering a sharp rebuke to doomsayers who predicted foreign investors would flee American assets in protest of President Donald Trump’s trade agenda, and President Trump announced a pause in tariff hikes on some countries. The Dow jumped 5.9 percent, the S&P 500 rose 7.3 percent, and the Nasdaq soared 8.9 percent, capping a dramatic rebound from a week of steep losses triggered by spiking bond yields and escalating global tariffs. The spark? A remarkably strong $39 billion auction of 10-year Treasury notes. The bonds sold at a yield of 4.435 percent, lower than expected, with a significant stop-through—a sign that investors were eager to b...
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China strikes back at Trump with immediate 84% tariffs on U.S. goods
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Approved, Breitbart, National

China strikes back at Trump with immediate 84% tariffs on U.S. goods

By Simon Kent | Breitbart China is slapping 84 percent tariffs on U.S. goods from Thursday, ramping the impost up from the 34 percent as previously announced, its finance ministry said on Wednesday. Beijing’s hurried move is just the latest shot in an international trade war sparked by U.S. President Donald Trump as he works to level the playing field for global trade after China’s President Xi Jinping refused to withdraw retaliatory tariffs placed on America, as Breitbart News reported. Last week, Trump announced reciprocal tariffs on countries that have historically imposed high tariffs on the U.S., including China, which faced a 34 percent tariff in addition to existing tariffs on its goods. READ THE FULL STORY AT BREITBART
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Trump: ‘Major’ pharmaceutical tariffs coming soon
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Approved, National, THE HILL

Trump: ‘Major’ pharmaceutical tariffs coming soon

By  Ashleigh Fields | The Hill President Trump said Tuesday his administration soon would announce “major” tariffs on pharmaceuticals, adding to the tariffs he has already imposed on most goods entering the United States from abroad. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” Trump said during a speech at the National Republican Congressional Committee. “And when they hear that, they will leave China. They will leave other places because they have to sell — most of their product is sold here, and they’re going to be opening up their plants all over the place in our country,” he added.  READ THE FULL STORY AT THE HILL
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Trump threatens additional 50% tariff on China
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Approved, National, Washington Examiner

Trump threatens additional 50% tariff on China

By Christian Datoc | Washington Examiner President Donald Trump said Monday that he would impose an additional 50% tariff on all Chinese goods if Beijing doesn’t withdraw retaliatory taxes on United States imports. Beijing responded to the president’s “Liberation Day” announcement last Wednesday with a 34% tariff on U.S. goods slated to take effect this week, which prompted Trump to raise the stakes again Monday morning. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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Trump to sign EO to keep TikTok running for 75 more days to finalize deal with China
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Approved, National, The Post Millennial

Trump to sign EO to keep TikTok running for 75 more days to finalize deal with China

By Thomas Stevenson | The Post Millennial President Donald Trump said that he will be signing an executive order that will keep TikTok running for another 75 days in order to finalize a purchase deal with Chinese-based company ByteDance.  Trump posted on Truth Social, "My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days." "We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the USA!). This proves that Tariffs are th...
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Trump says China ‘played it wrong’ with tariff retaliation, vows ‘my policies will never change’ 
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Approved, National, New York Post

Trump says China ‘played it wrong’ with tariff retaliation, vows ‘my policies will never change’ 

By Diana Glebova | New York Post President Trump stood by his “Liberation Day” reciprocal tariff package Friday after China hit back with a 34% tariff on US goods, promising investors that his “policies will never change.” In a string of all-caps Truth Social posts, the president argued his duties will withstand the test of the markets, which plunged yet again in the first hour of Friday trading. “CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” he wrote. READ THE FULL STORY AT THE NEW YORK POST
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Movement to ban Chinese farmland purchases near U.S. military bases gains steam in Senate
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Approved, Fox Business, National

Movement to ban Chinese farmland purchases near U.S. military bases gains steam in Senate

By Morgan Phillips  | Fox Business The movement to ban China from scooping up U.S. farmland conveniently located near military bases is gaining steam in the Senate.  The PASS Act, led by Sen. Mike Rounds, R-S.D., has the backing of Majority Leader John Thune, R-S.D., and would prevent any entity from a "covered country," which includes China, North Korea, Russia and Iran, from purchasing agricultural land near military bases or sensitive sites.  It would also give the Department of Agriculture the ability to submit cases to the Committee on Foreign Investment in the U.S. for review if it believes there is a national security concern and make the Agriculture secretary a voting member of the committee for purchases of agricultural land, biotechnology and any other transaction r...
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BlackRock investment firm inks $23B deal for Panama Canal ports
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Approved, Fox Business, National

BlackRock investment firm inks $23B deal for Panama Canal ports

By Eric Revell  | Fox Business BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22.8 billion deal with CK Hutchison's subsidiary Hutchison Port Holdings, which will see the firm acquire the Panama ports of Cristobal and Balboa, which are located at the Atlantic and Pacific ends of the canal, respectively. It will also acquire Hutchison's controlling interest in 43 ports in 23 other countries. The world's largest asset manager will partner with Terminal Investment Limited (TiL) to operate the ports in concert with the BlackRock subsidiary Global Infrastructure Partners (GIP). READ THE FULL STORY AT FOX BUSINESS
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China expands influence near wealthy Florida enclave as migrants from communist country flood into US
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Approved, Fox News, National

China expands influence near wealthy Florida enclave as migrants from communist country flood into US

By Sarah Rumpf-Whitten  | Fox News China's growing presence in America's backyard could grant the communist country access to Florida's coast, coinciding with a dramatic rise in Chinese national border encounters. The Caribbean region, also known as "America's third border" due to its proximity to the U.S., has been financially backed by China in maritime logistics and infrastructure projects in recent years.  "I think the Chinese are trying to gain influence in a region which is very close to the American homeland," Gordon G. Chang, an author and expert on U.S.-China relations told Fox News Digital.  READ THE FULL STORY AT FOX NEWS
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