trade

Analysis: For Trump, Wins and Losses During Abe Summit
‘The body language on trade was just really startling,’ expert says

President Donald Trump and Japanese Prime Minister Shinzo Abe at a news conference at the former’s West Palm Beach, Fla., resort. (Joe Raedle/Getty Images)

White House aides set a low bar for their boss ahead of his two-day summit with Japanese Prime Minister Shinzo Abe — and President Donald Trump often cleared it with ease. But experts say there were a few stumbles too.

Trump aides made clear they had no “deliverables” in mind ahead of the Tuesday-Wednesday talks, which touched on everything from a new round of trade talks to dealing with North Korea to their respective golf games. That diplomat-speak refers to agreements or other things the White House wants meetings with world leaders to produce.

Trump, Abe Split on Goal for New Trade Talks
Japanese PM wants U.S. return to TPP; Trump wants ‘one-one-one’ pact

Japan's Prime Minister Shinzo Abe speaks during a press conference on Wednesday with U.S. President Donald Trump at Mar-a-Lago in West Palm Beach, Florida. (Photo by Joe Raedle/Getty Images)

President Donald Trump and Japanese Prime Minister Shinzo Abe split Wednesday evening on their goals for a new round of trade talks between the longtime allies, exposing a rift in the alliance.

Abe announced the new U.S.-Japanese trade talks during a joint press conference after the first full day of a mini-summit at Trump’s resort in Florida. But Abe broke with Trump by telling reporters he wants those talks to expand the two countries levels of trade and investment in each other’s markets, and the re-entry of the United States in a trade alliance that includes 11 Asian-Pacific countries.

Trump Leaves Open Door to Kim Summit Never Happening
Meeting could happen ‘very soon’ or in ‘early June‘ or not at all, president says

President Trump gave various estimates for when he might meet North Korean leader Kim Jong Un - including not at all. (Mark Wilson/Getty Images)

President Donald Trump set wildly opposite expectations in one sentence for his possible summit with North Korean leader Kim Jong Un, including that it could never happen.

He first said his one-on-one meeting with Kim could happen “very soon,” before saying he expects negotiations will allow an “early June” summit to take place. But the president then moved up the possible date to “before that” before backpedaling.

3 Things to Watch as Trump, Abe Try to Rekindle Bromance
U.S. tariffs on Japanese imports 'may well come up,' official says

President Donald Trump greets Japanese Prime Minister Shinzo Abe as he arrives at the White House on February 10, 2017. They will meet again next week in Florida (Mario Tama/Getty Images)

ANALYSIS | When President Donald Trump huddles next week with Shinzo Abe, the summit will mostly cover issues that have irritated the Japanese prime minister.

North Korea and trade relations likely will dominate the leaders’ talks at Trump’s private Mar-a-Lago resort that will span three days next week. Trump and Abe will compare notes on the North’s nuclear weapons and long-range missile programs, and the U.S. president’s planned one-on-one summit with Kim Jong Un. They also, however, will have to cover a number of prickly issues related to Trump’s trade policies and Abe’s worries that his country is drifting out of America’s economic orbit.

Trump Could Flip-Flop on TPP After All
But Nebraska Sen. Ben Sasse cautions that president ‘likes to blue-sky a lot’ in meetings

Sen. Ben Sasse, R-Neb., said he was Thursday was pleased with President Trump’s willingness to possibly rejoin the Trans-Pacific Partnership — but he also presented a caveat. (Bill Clark/CQ Roll Call file photo)

In what would be another dramatic reversal, President Donald Trump told farm-state lawmakers Thursday he might sign the United States up for the Trans-Pacific Partnership after all.

Just by floating the idea, the Republican president drew the ire of conservatives on social media as he opened the door to joining a trade pact with 11 other Pacific Rim countries that he once dubbed “a continuing rape of our country.” 

Tariffs Could Complicate Key Senate Races
Some Democrats already criticizing GOP opponents over tariffs’ impact

A John Deere tractor sits in a field near Salem, Ind. (Al Drago/CQ Roll Call file photo)

The potential for a trade war with China is already complicating some key Senate races ahead of the November midterms, especially for Republicans hoping to expand their majority.

President Donald Trump’s announcement that he would impose tariffs on steel and aluminum imports sparked retaliatory threats from China. The country vowed to slap tariffs on top U.S. exports that also come from states with some of the most competitive Senate contests.

Trump’s Top Economist Talks Tariffs, Provides Zuckerberg Fashion Advice
U.S., Chinese officials having ‘conversations,’ says Kudlow

Facebook CEO Mark Zuckerberg arrives for his meeting with Sen. Bill Nelson, D-Fla., in the Hart Senate Office Building on Monday. Zuckerberg is on Capitol Hill to testify before the House and Senate this week. (Bill Clark/CQ Roll Call)

White House chief economic adviser Lawrence Kudlow said Monday “conversations are going on” between U.S. and Chinese officials about how to resolve their ongoing trade tiff, but he declined to say proposed tariffs definitely will be implemented.

The former CNBC host also criticized Facebook CEO Mark Zuckerberg executive as he prepares to testify before lawmakers in a scandal that has dinged the company’s bottom line and raised congressional concerns about the social media giant’s role in providing data to political firms influencing the 2016 presidential campaign.

Hoyer Pushes Back on Trump Plans on Omnibus, Border, Trade
Rep. Ron Kind, who Hoyer visited in Wisconsin, also critical of administration moves

House Minority Whip Steny H. Hoyer, D-Md., has been traveling around the country with Democrats’ political messaging. (Tom Williams/CQ Roll Call file photo)

EAU CLAIRE, Wis. — While House Minority Whip Steny  H. Hoyer and other lawmakers were outside of Washington the past two weeks, President Donald Trump and his administration prepared policy pushes for Congress’ return that will certainly spark Democratic backlash — and perhaps some from Republicans too.

Hoyer, in an interview here Thursday during a stop on his Make It In America listening tour, panned Trump’s plans to rescind funds from the recently passed omnibus, send the National Guard to defend the southern border and impose additional tariffs on China that would have a negative impact on the U.S. economy.

Amid Mounting GOP Criticism, White House Shrugs Off Tariff Worries
Republican lawmakers increasingly uneasy, but Kudlow says trade war is last resort

Commerce Secretary Wilbur Ross has been among the big proponents of using tariffs to pressure China. (Bill Clark/CQ Roll Call)

Amid mounting criticism from Republicans and usually GOP allies, White House chief economic adviser Lawrence Kudlow and other White House officials on Friday pushed back on the idea that President Donald Trump is starting a trade war with China. 

The Trump administration might present the Chinese government with a list of trade tactics changes it would like to see implemented as a result of the ongoing tariff proposal tit-for-tat, Kudlow told a group of reporters.

Republicans Grouse Over Tariffs but Lack Plan to Cool Trade Tiff
As China retaliates, lawmakers air unease without threatening to counter Trump

Sen. Deb Fischer, R-Neb., urged the Trump administration to think of farmers in her state but stopped short of threatening legislative action on tariffs. (Bill Clark/CQ Roll Call file photo)

When lawmakers return from recess next week, they are likely to be besieged by various industries seeking protection from the economic fallout of the trade fight between the Trump administration and China that threatens to impose $50 billion in retaliatory duties on U.S. exports.

But the Republican-controlled Congress may not be able to do more than collectively wring its hands, in contrast to the leverage lawmakers have under Trade Promotion Authority to accept or reject a renegotiated North American Free Trade Agreement.