Trade News Updates

GovernmentBusinessLogistics

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
GovernmentBusiness

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
GovernmentBusinessLogistics

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
GovernmentBusiness

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
GovernmentBusinessLogistics

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
GovernmentBusinessLogistics

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
GovernmentBusinessLogistics

January Trade Gap Narrows as Imports From China Plummet

The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.

March 27, 2019
GovernmentBusinessTCA

US Exports Competitive in NAFTA Countries While Losing Ground in China

The prices U.S. producers get for their exports in Latin America and Canada rose this year, relative to the cost of goods imported to the United States, the Bureau of Labor Statistics said March 21. At the same time, prices for American-made goods sold in China and Japan fell.

March 22, 2019
GovernmentBusinessLogistics

Trump Says China Deal 鈥楥lose鈥 Ahead of New Talks

President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.

March 22, 2019
GovernmentBusinessLogistics

China Buys Most US Pork in Two Years as Futures Extend Rally

China, the world鈥檚 largest consumer of pork, made its biggest purchase of the meat from the U.S. in nearly two years as African swine fever reduces hog herds and drives up prices.

March 15, 2019