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USDA is Looking for Ways to Protect Farmers in Trade Dispute with China: Official

April 6, 2018 Focus Washington

The U.S. Department of Agriculture (USDA) is looking to find ways to shield farmers from the growing trade conflict between the United States and China, a department official said Thursday evening, without providing details of options […]

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White House: Trump is ‘Not Involved’ in Picking whether Amazon Gets Multibillion-dollar Pentagon Contract

April 5, 2018 Focus Washington

President Donald Trump is “not involved” in the process of deciding whether Amazon receives a multibillion-dollar Defense Department cloud computing deal, the White House said Wednesday, CNBC informed. White House press secretary Sarah Huckabee Sanders told reporters the president has not taken […]

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POLITICO: White House Sees ‘Short-term Pain’ as Trump Stokes China Trade War

April 5, 2018 Focus Washington

President Donald Trump and his top aides on Wednesday insisted the United States did not touch off a trade war with China, even as the two countries have stepped up retaliatory actions and as the […]

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Saudi Crown Prince Tours Boeing, Announces Military Deal

March 31, 2018 Focus Washington

Crown Prince Mohammed bin Salman of Saudi Arabia visited Boeing’s Everett jet assembly plant Friday and announced a military deal with the jetmaker, as he plans to meet other business leaders during his secretive visit […]

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Amazon Severs Ties With Top Lobbying Firms in Washington

March 30, 2018 Focus Washington

Amazon.com Inc. cut ties with Washington’s biggest lobbying firm and brought on new advisers following passage of the tax overhaul bill last year and in the face of new challenges in the age of President Donald […]

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JP Morgan Predicts Oil Price Will Slide Back to $50

March 29, 2018 Focus Washington

The rising U.S. shale oil production, as well as efficiency improvements from the world’s largest oil-producing firms and countries, will most likely cause the price slide back to near $50 a barrel, research by investment […]

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Saudi Crown Prince Signs Bunch of Deals to Boost Saudi Arabia’s Tech Hopes

March 28, 2018 Focus Washington

A slew of deals has come out of the Saudi Crown Prince Mohammed bin Salman’s foray to New York as part of the 2018 Saudi-U.S. CEO Forum, CNBC informs. Some of the deals involve Saudi […]

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Commerce Secretary Ross Says Market is Realizing Tariffs are Bargaining Chips for Better Trade Deals

March 27, 2018 Focus Washington

Commerce Secretary Wilbur Ross said the trade agreement with South Korea would never have happened without U.S. tariffs and that portends well for potential agreements with other countries, CNBC informed. He said the Trump administration is also making progress […]

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U.S. is Said to Have Sent China a To-do List to Solve Trade Frictions

March 26, 2018 Focus Washington

The U.S. administration last week sent a letter to Chinese economic overseer Liu He seeking a tariff cut on U.S. autos to help cut China’s trade surplus with the United States, the Wall Street Journal said, citing unnamed sources, CNBC informed. In […]

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Trump’s Tariffs on Imported Metals Face Harsh Criticism

March 24, 2018 Focus Washington

President Donald Trump’s steel and aluminum tariffs met a barrage of criticism at a World Trade Organization (WTO) meeting on Friday, as the European Union, Japan, Australia, and others joined a debate started by China and […]

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China Responds with Measures Against Trump Tariffs

March 23, 2018 Focus Washington

China’s commerce ministry proposed a list of 128 U.S. products as potential retaliation targets, according to a statement on its website posted Friday morning, CNBC The U.S. goods, which had an import value of $3 billion in […]

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U.S. Moving Closer to Become Russia’s Top LNG Rival

March 21, 2018 Focus Washington

The United States, which plans to become Russia’s major competitor in the European gas market, has become a net gas exporter for the first time in 60 years, Moscow business newspaper Kommersant reports. In recent […]

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Trump Tariffs to Impact Global Oil Prices More Than Weak Dollar

March 21, 2018 Focus Washington

Protectionist measures adopted by the Trump administration could have wider implications for the energy industry, in particular, shale than a weakening dollar and its impact on the price of oil, the chief executive of French […]

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Record U.S. Oil Offshore Lease Sale to Rest Trump Energy Effort

March 21, 2018 Focus Washington

The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered […]

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Retailers Ask Trump Not to Impose Tariffs on Chinese Goods

March 19, 2018 Focus Washington

Leading retail companies, including Wal-Mart, Target, Best Buy and Macy’s, have made an appeal to President Donald Trump not to enforce the massive tariffs on Chinese goods. In a letter sent to the White House […]

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Investigative Report Triggers Federal Probe, But It’s Not Really Journalism – Right?

March 15, 2018 Sara Corcoran

When bombshell bribery and corruption allegations surfaced last December against OSI Systems, a 5,000-employee port-and- aviation scanning company based in Hawthorne, they arrived with all the earmarks of modern investigative reporting: anonymous sources identified as […]

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OECD Urges ‘Dialogue’ on Steel Overcapacity to Avoid Trade War

March 13, 2018 Focus Washington

Governments need to work closely in order to mutually fix overcapacity in the steel markets and dodge a trade war, the Organization for Economic Co-operation and Development (OECD) said Tuesday, CNBC informed. Tensions between the […]

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U.S. Eases Way to Tariff Exemptions Under Pressure from Allies

March 10, 2018 Focus Washington

The United States opened the way for more exemptions from its steel and aluminum tariffs on Friday, after pressure from allies and intense lobbying from lawmakers, further diluting the measures just a day after they […]

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Tesla CEO Calls on Trump to Help with China Auto Trade Rules

March 9, 2018 Focus Washington

The CEO of Tesla Inc, Elon Musk asked U.S. President Donald Trump in a Thursday tweet to challenge China’s auto trade rules, which forbid foreign ownership of Chinese ventures and impose steep tariffs on imported […]

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U.S. Unemployment at New Record Low

March 9, 2018 Focus Washington

The unemployment rate in the U.S. has dropped to a new minimum of 4.0 percent in more than 17 years, even though, the wage gains are going to slow down after three months of increases. […]

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President Trump Imposes Tariffs, Exempts Some Countries

March 9, 2018 Focus Washington

Despite opposition by U.S. allies and fellow Republicans, President Donald Trump decided to move forward Thursday with his plan to impose stiff tariffs on steel and aluminum imports. He signed two tariff proclamations at the […]

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EU Threatens Tariffs on U.S. Products Like Peanut Butter as Trade War Escalates

March 7, 2018 Focus Washington

The European Union outlined a three-pronged response to proposed metals tariffs from President Donald Trump’s U.S. administration Wednesday, mentioning items such as peanut butter, cranberries and orange juice that could see higher charges in Europe, […]

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Congress Silently Moves Bill to Eliminate Tariffs on 1,662 products

March 5, 2018 Focus Washington

A new bill that is discreetly moving through Congress is meant to temporarily reduce or eliminate temporary tariffs on 1,662 products. The moment that those products will come in the U.S. duty-free is going to […]

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Trump Advisers Defend Stiff Tariffs on Steel, Aluminum

March 5, 2018 Focus Washington

Key advisers of President Donald Trump continued defending Sunday his decision to impose high tariffs on aluminum and steel imports, sowing uncertainty but also leaving room for Trump to change his mind. One of the […]

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EU Threatens Iconic U.S. Brands After Trump Opens Door to Trade War

March 3, 2018 Focus Washington

President Donald Trump set the stage for a trade war after slapping tariffs on steel and aluminum imports, daring other countries to retaliate and leading the European Union to warn that it would target iconic […]

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Trump Imposes Steep Tariffs on Steel, Aluminum Imports

March 2, 2018 Focus Washington

President Donald Trump made a sudden announcement on Thursday, saying that he would impose a tariff on steel and aluminum imports “for a long period of time,” a move likely to trigger retaliation from the EU and […]

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Walmart Says it Will Raise Age Restriction to 21 for Gun Purchases

March 1, 2018 Focus Washington

Walmart announced Wednesday that it is raising its age restriction to 21 for firearm and ammunition purchases, CNBC reported. The company said in its statement that it made the decision in light of recent events and will try […]

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U.S. Investors Seek Permission to Acquire Rosneft Lien in Citgo

March 1, 2018 Focus Washington

A group of U.S. investors is seeking Washington’s approval to acquire the nearly 50 percent collateral in U.S. refiner Citgo held by Rosneft, Russia’s largest state-owned energy firm, according to one of the investors. Such […]

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Student Offensive Against NRA Shows Results

February 24, 2018 Focus Washington

As students took over the war against the NRA, results could finally be seen. In the latest set of activities that were taken to undermine NRA’s influence students managed to pressure most of the corporations […]

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Trump Jr. Says Company Will Lose Out on New Deals Because of His Father’s Self-Imposed Restrictions

February 21, 2018 Focus Washington

Donald Trump Junior, the eldest son of President Donald Trump, said that India is an important market for the Trump Organization, but, according to him, the company will lose out on new deals because of […]

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