American businesses are displaying confusion and concern as they struggle to understand what President Trump’s latest China messages mean for them
President Trump tweeted Friday that he “hereby ordered” U.S. companies to explore relocating operations out of China and that he would raise existing and planned tariffs on Chinese goods by 5 percentage points. On Sunday, after a tumultuous week for trade negotiations, administration officials said the president didn’t order U.S.
companies to leave China and has no plans...President Trump on Friday ordered U.S. companies to look for alternatives to China after Beijing said it would add more tariffs to U.S. imports. Can the U.S. president place demands like this on private companies? WSJ's Gerald F. Seib explains the powers a president is unable to revoke. Photo: Getty
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Trump To Delivery Companies: 'Start Looking' For China AlternativeThe president retaliates against China's announced tariffs.
Lire la suite »
Trump claims he has 'absolute right' to order US companies out of China under 1977 lawPresident Trump claims he has the 'absolute right' to order US companies to stop doing business with China under 1977 law
Lire la suite »
White House insists Trump has authority to block American companies from doing business in ChinaWhite House economic adviser Larry Kudlow asserted President Trump’s threat to block trade between private Americans businesses and China, saying he has “emergency economic power authority” to do so.
Lire la suite »
Trump Aides Say He Isn’t Ordering U.S. Companies Out of ChinaPresident Trump didn’t order U.S. companies to leave China and has no plans to invoke emergency powers to force them to relocate their operations, top administration officials said on Sunday, after a tumultuous week for trade negotiations.
Lire la suite »
China tariffs fuel Trump 'order' for firms to cut China tiesTrump is is threatening to use the emergency authority granted by a powerful, but obscure federal law to “order” U.S. businesses to cut ties in China after it announced plans to raise tariffs on $75 billion in U.S. imports.
Lire la suite »