Senate Majority Leader Mitch McConnell indicated he doesn’t want to bind the president, even as he has concerns about the impact of tariffs on his home state of Kentucky.
The German data showed that orders from the euro zone fell almost 10%. Capital goods plunged 16%.
The latest figures suggest trade is on track to contribute to a projected pickup in U.S. economic growth in the second quarter.
If the Trump administration really wants to address the deficit with China, start investing now.
Pushing NAFTA talks to next year could change the dynamic of negotiations.