Quotes
Removing Permanent Normal Trade Relations with China is a very radical and extreme step that would remove any guardrails against a trade war,
The Republicans won't pass the bill (to repeal the PNTR) until Trump tells them to pass it,
said Derek Scissors, a senior fellow at the American Enterprise Institute Every year it gets closer to being repealed because it doesn't make sense, ... as China does not play by global trade rules
said Jim Lewis, a senior vice president at the Center for Strategic and International Studies Most market participants have been preparing for such tariff headlines since the U.S. election and intuitively understand that Tariffs 2.0 will be used by the Trump Administration for policies beyond just trade (e.g., immigration, national security, foreign policies),
Lakos-Bujas said in a note to clients I will never support the idea of fighting allies,
Danish Prime Minister Mette Frederiksen said Monday So if this is about securing our part of the world, we can find a way forward,
This country has suffered because we haven't utilized American power to deliver what's best for everyday Americans—ensuring the safety and security of our homeland to prevent the flow of drugs that has caused so much pain and suffering, as well as the gradual relinquishment of our position in the world to adversaries like China, which has been encroaching on our region and violating the fundamental concept of Manifest Destiny that made America great,
Tariffs work. The Biden-Harris regime had four years to close our border. President Trump has made great strides in just two weeks,
However, these gains are often incremental and appear designed more to allow Trump to claim symbolic victories than to achieve substantial policy shifts,
We didn’t ask for this, but we will not back down in standing up for Canadians,
a grim Prime Minister Justin Trudeau said in an address We have offered the United States of America the opportunity to outsource part of its prison system. We are willing to take in only convicted criminals (including convicted U.S. citizens) into our mega-prison (CECOT) in exchange for a fee. The fee would be relatively low for the U.S. but significant for us, making our entire prison system sustainable."
That said, much will depend on Washington's interpretation of these measures. If the US views them as a calibrated step leaving room for negotiation, this could set the stage for discussions rather than further escalation. However, if Trump sees this as a direct challenge, his administration could respond with additional trade restrictions. This would intensify the conflict,
China's retaliatory tariffs are a calibrated response rather than an outright escalation,
Julien Chaisse, professor at City University of Hong Kong specialising in international economic law, told Al Jazeera If talks between the two take place in the coming days, there is room for adjustments, partial exemptions or reciprocal gestures that could prevent a further spiral in trade tensions,
Right now, we're going to keep focus on the need to look out for everyday New Yorkers and everyday Americans who are under assault by an extreme MAGA Republican agenda that is trying to cut taxes for billionaires, donors and wealthy corporations and then stick New Yorkers and working-class Americans across the country with the bill,
The @DOGE team discovered, among other things, that payment approval officers at Treasury were instructed always to approve payments, even to known fraudulent or terrorist groups,
He has access to all of our information, our Social Security numbers, the federal payment system, which means he is calling the shots on our taxpayer money,
Anytime a person can pay $250 million into a campaign, and they be given full access to the Department of the Treasury of the United States of America, we are at war,
This is a movie we’ve seen before, and it doesn’t bring jobs back to the U.S., and it does raise costs, so it’s a challenge for us to see the end game or the point,
If we get tariffs, we will pass those tariff costs back to the consumer, and we’ll pass them through,
AutoZone CEO Philip Daniele told investors in September
