Trade News Updates

GovernmentBusinessLogistics

Majority of Trade Aid Went to Biggest Farms, Study Finds

More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.

July 30, 2019
GovernmentBusinessLogistics

US-China Talks Set to Resume as Neither Seems Eager for Deal

Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.

July 29, 2019
Business

Aluminum Giant’s CEO Sees Trade War’s Lasting Impact on Use

The trade war between the U.S. and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA CEO Hilde Merete Aasheim said.

July 26, 2019
GovernmentBusiness

China Allows Some Tariff-Free US Cotton, Pork Purchases

The Chinese government has approved several domestic companies to buy U.S. cotton, corn, sorghum and pork without being subject to hefty retaliatory tariffs, according to people familiar with the situation.

July 26, 2019
GovernmentBusiness

GDP Growth of 1.8% Seen for 2Q

Trade tensions likely helped push down U.S. economic growth last quarter to match the slowest pace of Donald Trump’s presidency, with a robust consumer spending keeping things from looking even worse.

July 25, 2019
GovernmentBusiness

China Approves Tariff-Free US Soybean Purchases

The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.

July 24, 2019
GovernmentBusiness

Trump, Xi Struggle to Chart Path for Trade Talks

Slow progress and disagreement on key initial demands from Presidents Donald Trump and Xi Jinping is raising doubts about whether the U.S. and China will actually return to the negotiating table to overcome their much deeper differences.

July 18, 2019
GovernmentBusiness

Trump Says He Could Impose More China Tariffs

President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade-war truce he reached with China’s Xi Jinping last month.

July 17, 2019
GovernmentBusinessLogistics

US, China’s Top Trade Officials Make First Contact Since Truce

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts as the two sides relaunch trade talks, marking the first high-level contact since their presidents agreed to a tentative truce last month.

July 10, 2019
GovernmentBusiness

Trump, Xi to Meet at Trade-War Crossroads Fraught With Risks

President Donald Trump and China’s Xi Jinping are set to meet June 29 amid hopes they will hit the pause button in their trade war and resume the search for a longer-term peace.

June 28, 2019