Trump trade policy News

Allianz Chief Economist El-Erian Q&A on Trump Trade Battles, Emerging Markets, Brexit

The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group, Europe’s largest insurer. However, there was still a …

Trump’s ‘America First’ Trade Policy Overlooks America’s Exports of Services

One thing that’s often missed in President Donald Trump’s complaints about the U.S. trade deficit is America’s $248 billion surplus in exports of services like education, financial services and software. Microsoft Corp., Goldman Sachs Group and FedEx Corp. are all …

Lloyd’s Sees Political Risk Insurance Opportunity in Trump, Brexit

Lloyd’s of London Chief Executive Officer Inga Beale said Donald Trump’s presidency and the U.K.’s planned exit from the European Union are creating opportunities to sell insurance guarding commercial clients against disruptions in global commerce. “I wouldn’t be surprised if …

Trump Orders U.S. Exit from Pacific Trade Pact and Reset on NAFTA

President Donald Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and promising to renegotiate the North American Free Trade Agreement. “Great thing for …

Republican Platform Under Trump: Reinstate Glass-Steagall, Go Slow on Trade Pacts

Republican National Convention delegates approved a platform Monday that calls for reinstating the Glass-Steagall Act and scaling back the Dodd-Frank financial overhaul, calling it the Democrats’ “legislative Godzilla.” The Glass-Steagall measure puts presumptive presidential nominee Donald Trump and his party …