trade

White House Hits China With New Tariffs, Ramping up Trade War
‘This situation is no longer sustainable,’ Trump says

The White House on Friday slapped new tariffs on some Chinese goods, further ramping up the Trump administration's trade conflict with allies and rivals. (Sgt. Mikki L. Sprenkle/U.S. Army)

The White House on Friday announced it is slapping tariffs on $50 billion of Chinese goods in response to alleged intellectual property theft, another escalation in President Donald Trump’s trade-related acts against allies and rivals alike.

“This situation is no longer sustainable. China has, for example, long been engaging in several unfair practices related to the acquisition of American intellectual property and technology,” President Donald Trump said in a statement released Friday morning that formally announced 25 percent import penalties on some Chinese-made products.

Analysis: Trump Trip Showed New Approach to Presidency
But lawmakers doubt future presidents will follow such a path

President Donald Trump and North Korean leader Kim Jong Un participate in a Tuesday signing ceremony during a meeting on Sentosa Island in Singapore. (AP Photo/Evan Vucci)

First, Donald Trump remade the Republican Party in his own image. And after his double-dip of G-7 and North Korea nuclear diplomacy, it’s even more obvious he’s doing the same to the presidency.

Some congressional Democrats are worried the former reality television star’s eagerness to break with decades-old norms and traditions is soiling the office and influencing future chief executives to mirror Trump’s ways. And though a handful of Republican members publicly share those concerns, most are helping him transform the highest — and long the most revered — job in the land.

Corker Unloads on Republicans for Being Afraid of Trump
Tennessee Republican said Republicans fear upsetting POTUS before midterms

Watch: Corker Chastises Fellow Republicans for Blocking His Tariff Amendment

 Sen. Bob Corker unloaded on his fellow Republicans for cowering from President Donald Trump.

‘Beast’ Mode: Democrats Worry Kim Is Playing Trump
GOP is willing to give him time, but Dems see ‘unprepared’ president

President Donald Trump and North Korean leader Kim Jong Un participate in a signing ceremony during a Tuesday meeting on Sentosa Island in Singapore. (Evan Vucci/AP)

Kim Jong Un peered inside as a Secret Service agent held open a door of “The Beast,” President Donald Trump’s heavily armored limousine. The surreal moment left some lawmakers speechless, with Democrats saying it showed Trump was too conciliatory toward the North Korean leader during their historic summit.

Trump and Kim wrapped their Singapore summit by signing a preliminary nuclear agreement Tuesday that is as sweeping as it is vague. It expresses the United States is “committed” to providing unspecified security assurances to the North and that Kim “reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.”

Vague Pact Signed, Trump Sees ‘Arduous’ Process Ahead With North Korea
Trump shifts view of Kim, calling him ‘worthy negotiator’ and ‘very talented’

President Donald Trump and North Korean leader Kim Jong Un talk during their signing ceremony during their meeting in Singapore on Tuesday. (Evan Vucci)

President Donald Trump and North Korean leader Kim Jong Un signed a nuclear agreement Tuesday that is as sweeping as it is vague, with the U.S. commander in chief saying it merely kicks off an “arduous” process to potentially disarm the North.

Trump bemoaned the notion that he and U.S. officials gave up a raft of concessions to Kim even before the two leaders shook hands around 9 a.m. local time in Singapore. But he announced that part of the accord includes the United States ending its joint military exercises with South Korea, which Trump called too “provocative.”

Opinion: Trump’s Gigantic Trade Straw Is Breaking the GOP’s Back
Republicans may need to finally stand up to Trump to defend their states

President Donald Trump gives a thumbs-up to the media as he is greeted by Canadian Prime Minister of Canada Justin Trudeau during the G-7 official welcome Friday in Quebec City. (Leon Neal/Getty Images)

Donald Trump might be the first American to pick a fight with a Canadian in the history of the world.

After the G-7 meetings over the weekend, where Canadian Prime Minister Justin Trudeau said he found Trump’s trade posture toward Canada “insulting,” Trump tweeted Sunday that Trudeau was “very dishonest & weak.” Larry Kudlow, the president’s economic adviser, finished the pile-on by accusing Trudeau of “betrayal,” while Trump’s new trade adviser, Peter Navarro, said later on Fox News Sunday that Trudeau is a back-stabber who “engaged in bad faith” and deserves a special place in hell.

Analysis: Trump Wanted a Fight. He Found One — With His Allies
Lawmakers are split over president’s tough-love approach for Europe, Canada

President Donald Trump and French President Emmanuel Macron had a warm state visit in April. But since, relations have soured after Trump slapped  (Photo by Chip Somodevilla/Getty Images)

President Donald Trump was looking for a brawl with some of America’s closest allies Thursday morning. By evening, he had found — no, provoked — one. And lawmakers are split on his tough-love approach.

“Fight.”

Senators Push Defense Amendment to Restore ZTE Sanctions
Proposal would effectively block ZTE from American technology — again

Sen. Tom Cotton is leading a bipartisan effort to restore penalties on ZTE. (Bill Clark/CQ Roll Call)

A bipartisan contingent of senators wants to use the defense authorization to restore penalties against Chinese telecommunications firm ZTE that were eased Thursday morning.

Republican Sen. Tom Cotton of Arkansas joined Democratic Sens. Chris Van Hollen of Maryland and Charles E. Schumer of New York in filing the legislation as an amendment to the defense programs bill. Senators are expected to begin amendment debate on the broader legislation early next week.

Trump Heads to G-7 Isolated by Tariffs, Estranged From Allies
‘There is a growing frustration,’ Ways and Means Chairman Brady says

One analyst says this weekend’s G7 summit will be more like a “G6+1,” with President Donald Trump isolated from other leaders, angry over his steel and aluminum tariffs. (Sarah Silbiger/CQ Roll Call)

President Donald Trump will arrive Friday at a G-7 meeting in Canada, with no specific goals for the summit and under fire from Republican lawmakers and the very world leaders with whom he will spend the weekend.

The U.S. leader’s steel and aluminum tariffs have upset other heads of state and caused many to retaliate with their own proposed fees on U.S. goods such as bourbon and cheese. Among the agitated leaders are those from G-7 countries such as Canada and the United Kingdom. But before the president hears new pleas from Canadian Prime Minister Justin Trudeau and British Prime Minister Theresa May to drop the tariffs, he is getting an earful from members of his own party.

Corker Unveils Plan to Give Congress Power to Stop Trump Trade Actions
Bipartisan bill was filed despite opposition from the White House

Sens. Bob Corker and Heidi Heitkamp are among the leaders of an effort to put new constraints on the imposition of tariffs for national security purposes.. (Tom Williams/CQ Roll Call file photo)

Sen. Bob Corker followed through Wednesday on unveiling legislation to increase congressional oversight of tariffs applied in the context of national security.

Section 232 of the Trade Expansion Act of 1962 grants the executive branch authority to impose tariffs to protect vital interests, but Corker and others argue that President Donald Trump is misapplying the law — using it against allies instead of adversaries.