Trade News Updates

Government, Business

Trade Gap Narrows to Eight-Month Low on Plane Exports

The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.鈥檚 737 Max planes.

April 17, 2019
Government, Business, Logistics

As Trade War Simmers, US Soybean Shipments Hit One-Year Low

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.

April 15, 2019
Government, Business

Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs

Some U.S. farm groups fear that President Donald Trump鈥檚 terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.

April 15, 2019
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal

The United States is open to facing 鈥渞epercussions鈥 if it doesn鈥檛 live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.

April 15, 2019
Government, Business, Logistics

Trump Looking to Impose New Tariffs on European Union

The Trump administration wants to tax $11.2 billion worth of EU goods 鈥 from airplanes to Gouda cheese 鈥 in a move that some experts say marks another attempt by the administration to use tariffs to reshape global trade in its favor.

April 9, 2019
Government, Business

Democrats Try to Smooth Trade Deal Passage With Labor Proposal

Two top Senate Democrats, including longtime free-trade foe Sherrod Brown are crafting a labor enforcement proposal that could help ease the way for passage of President Donald Trump鈥檚 new North American trade agreement.

April 8, 2019
Government, Business, Logistics

Mexico Border Wait Times Spike as Trump's Threats Slow Traffic

The southern border isn鈥檛 closed, but already it鈥檚 a mess for trucks hauling goods from Mexico to the United States, snarling traffic at some of the busiest frontier crossings in the world.

April 8, 2019
Government, Business

US Hails Progress in China Talks Amid Push to Close the Deal

President Donald Trump鈥檚 top economic adviser touted progress in high-level talks with China, but cautioned that a final deal to end the trade war remains elusive as negotiations resumed in Washington.

April 3, 2019
Government, Business, Logistics

China Extends Suspension of Tariffs on US Autos

The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.

April 1, 2019
Government, Business, Logistics

China Touts Progress With US as Both Focus on a Final Deal

Chinese and U.S. negotiators made 鈥渘ew progress鈥 in trade negotiations as both sides discussed the wording of an agreement that鈥檚 designed to resolve a bilateral trade dispute, according to Xinhua, Beijing鈥檚 official news agency.

March 29, 2019