Economic policy of Donald Trump

Donald Trump: China Is Going to Have to Make a Deal that I Like or I’ll just Raise the Tariffs even Higher

President Donald Trump has warned that if no trade deal with China is reached, more duties will be imposed.

"China is going to have to make a deal that I like ... If we don't make a deal with China, I'll just raise the tariffs even higher," he told AFP reporters at the White House.

Kristalina Georgieva: Trade Conflicts Disrupt the Global Economy (EXTENDED)

International Monetary Fund Director Kristalina Georgieva commented on China-US trade mini-deal. She said a reconciliation between the two countries was not enough and that a trade peace was needed, BGNES reported.

"It's really good news that the US and China are talking to each other, but it's not enough."

Lower Consumption and Exports will Slow Growth in Bulgaria in 2020-2021

The growth of the Bulgarian economy will weaken over the next two years against the background of the expected decrease in exports and domestic consumption. This is clear from the second Economic Review for the year, prepared by the Bulgarian National Bank (BNB). "We forecast the real GDP growth rate of Bulgaria in 2019 to reach 3.7%, accelerating compared to 2018.

Beijing Introduces New Retaliatory Tariffs on about $75 Billion Worth of US Goods

China has announced new round of retaliatory tariffs on about billion worth of US goods. CNN reported.

As of next month, a 5% and 10% tariff for more than 5,000 types of items, including soybeans, coffee, whiskey, seafood and crude oil, will enter into force. The biggest increase - by 25 percent - will be taxed on imported US cars from December 15th.

Donald Trump Attacks Ford Motor which Refused to Back his Fuel Efficiency Rules

US President Donald Trump has attacked automakers who refused to back his administration's plan to roll back Obama-era fuel efficiency rules, CNBC reported.

Trump specifically mentioned Ford, which has negotiated with California-led Democrats, which has some of the most stringent requirements for low fuel consumption of future car models, Reuters reports.

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