Opinion: Trump is changing the game by imposing tariffs. It’s unsettling to the cautious leaders of the corporate community, but small-business owners understand and appreciate it, writes Hector Barreto.
President Trump’s tough approach to trade with China is evidence that he’s an entrepreneur at heart. While his real-estate business is larger than the average independently held company, he has the instincts of a small-business owner, which are different from those of a corporate CEO.
Independent business owners take calculated risks in pursuit of innovation, growth and job creation. That’s why their half of the economy is more dynamic than the half in which risk-averse CEOs and boards prioritize share price and market share.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mexico has benefited from the US-China trade war — but Trump could change thatU.S. President Donald Trump said last week he will impose a 5% tariff on all American imports from Mexico starting June 10 to address his immigration concerns.
Read more »
China finds new ways to pressure Trump amid trade impasseThe Chinese government is ramping up efforts to apply pressure on the United States beyond imposing punitive economic measures as trade negotiations between the two countries remain deadlocked.
Read more »
China's yuan to resist sliding past 7 per dollar despite trade-war pressure: Reuters pollChina's yuan is forecast to drift up over the coming year as the monetary a...
Read more »
BlackRock says a US-China trade deal is likely this year — but markets won't be cheeringEven if the U.S. and China manage to resolve their conflict, investor sentiment will still be weighed down, says BlackRock's Isabelle Mateos y Lago.
Read more »
US trade deficit smaller in April, but gap with China grewU.S. trade deficit shrank in April—but the politically sensitive deficit with China moved higher.
Read more »
China's Xi says trade war won't stop globalizationThe Chinese president told an audience at the annual St. Petersburg International Economic Forum that his country is an 'ardent proponent' of globalization.
Read more »