Trade News Updates

Government, Business, Logistics

Trump Downplays Talks, Says US Will Dictate Tariff Terms

President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump 鈥渄idn鈥檛 like.鈥

May 6, 2025
Government, Business, Logistics

Maersk Buys Panama Canal Railway Despite Trump Threat

A.P. Moller-Maersk purchased a railway linking ports at both ends of the Panama Canal, undermining the U.S.'s presence along a trade route where Donald Trump is trying to elbow out competitors.

April 3, 2025
Government, Business

Trump鈥檚 Trade Wars Tip World to Slower Growth, OECD Warns

The Organization for Economic Cooperation and Development聽predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.

March 17, 2025
Government, Business, Logistics

Greer: Trump鈥檚 Trade Agenda Focusing on More US Production

Specific to trade, the agenda directs the U.S. Trade Representative to 鈥渃hart a new course for any trade agreements to ensure they help raise wages and grow our industrial base.鈥

March 13, 2025
Government, Business

Carney: Canada to Keep Tariffs Until US Commits to Free Trade

Canada will keep its trade retaliation in place until the U.S. lifts its own tariffs and commits to free trade, said Mark Carney, who will succeed Justin Trudeau as Canada鈥檚 prime minister.

March 11, 2025
Government, Business

Senate Confirms Jamieson Greer to Be Top Trade Negotiator

The Senate has confirmed Jamieson Greer, a veteran of President Donald Trump鈥檚 first-term economic battles with China, Mexico and Canada, to be America鈥檚 top trade negotiator.

February 26, 2025
Government, Business

Trump鈥檚 Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025
Government, Business, Technology

Trade Wars May Slow Battery Price Plunge

Battery prices are set to fall for a third straight year 鈥 though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

January 15, 2025
Government, Business

Taiwan鈥檚 Trade Surplus With US Jumps to Record

Taiwan鈥檚 trade surplus with the U.S. surged to a record high in 2024, a haul that could rankle President-elect Donald Trump as he returns to the White House.

January 9, 2025
Government, Business

Canada to Open Alaska Consulate to Deepen Arctic Partnership

Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy.

December 6, 2024