Economic policy of Donald Trump

Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether.

U.S. President Donald Trump on May 12 defended his tariff policy, insisting again that China will pay billions in duties to the U.S. after Trump's economic advisor raised eyebrows by saying both sides will suffer.

U.S. President Donald Trump's tariff increase to 25 percent on $200 billion worth of Chinese goods took effect on May 10, ratcheting up tensions between the United States and China as they pursue last-ditch talks to try to salvage a trade deal.

U.S. President Donald Trump said on March 29 that the Federal Reserve made a mistake by raising interest rates and blamed the central bank for hurting the U.S. economy and stock market.

Bank of Greece figures showed on Wednesday that the country's current account deficit expanded by 2.1 billion euros last year, compared to 2017.
The growth of the deficit is mainly attributed to the increase in imports which accompanied the economy's emergence from recession.

U.S. economic growth will take a hit this quarter from the longest-ever government shutdown, keeping the Federal Reserve on the sidelines until at least its April 30-May 1 meeting, a Reuters poll of economists showed.

The European Union will limit imports of steel into the bloc following U.S. President Donald Trump's imposition of metals tariffs after EU governments backed the plan in a vote on Jan. 16.

 U.S. President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the Chinese economy gave Beijing a reason to work toward a deal, reported Reuters. 

U.S. companies have sent home over half a trillion dollars of cash they held overseas in 2018 to take advantage of tax changes, but data suggest the pace is slowing, potentially removing a key source of support for Wall Street.

AFP - President Donald Trump on Tuesday accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries' escalating trade war.

"China has openly stated that they are actively trying to impact and change our election by attacking our farmers, ranchers and industrial workers because of their loyalty to me," Trump tweeted.