Trade News Updates

GovernmentBusiness

Trade Deal Before Presidential Election May Suit Beijing

President Donald Trump tweeted this week that any trade deal China might secure from America would get 鈥渕uch tougher鈥 upon his re-election. The insinuation being of course that Beijing should really work something out before November 2020.

September 6, 2019
GovernmentBusiness

Federal Reserve Finds Wide Tariff Anxiety

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

September 5, 2019
GovernmentBusiness

US and China Locked in New Tariff Stare-Down

Labor Day picnic products are just a sampling of the more than 3,200 categories of Chinese goods targeted for the new tariff starting Sept. 1, barring a last-minute flinch by President Donald Trump.

August 30, 2019
GovernmentBusiness

Second-Quarter Growth Revised Down to 2%

U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump鈥檚 trade actions are weighing more heavily on the pace of expansion.

August 29, 2019
GovernmentBusiness

China Trade War Means US Dairy is Missing Out

America鈥檚 dairy farmers, already struggling with falling milk consumption and low prices, are missing out on a rare demand boom thanks to Donald Trump鈥檚 trade war with China.

August 27, 2019
GovernmentBusinessFuel

Diesel Price Falls for Seventh Consecutive Week, Down 1.1垄 to $2.983 a Gallon

The U.S. average retail price of diesel dropped 1.1 cents to $2.983 per gallon, the Department of Energy reported Aug. 26, and the price of crude dropped to a two-week low amid the persistent tariff-related faceoff between the United States and China.

August 26, 2019
BusinessLogistics

Trump Says He鈥檚 Raising Tariffs on China After Its Retaliation

President Donald Trump said Aug. 23 he鈥檚 raising tariffs further on Chinese imports in response to Beijing鈥檚 retaliation earlier in the day, deepening the impasse over the two nations鈥 trade policies.

August 23, 2019
GovernmentBusiness

IMF Says Tariffs Are Ineffective Tool to Right Trade Imbalances

Tempting as it might be to think a stronger dollar offsets higher U.S. tariffs by making Chinese imports cheaper, the International Monetary Fund says the greenback鈥檚 global prevalence tells a different story.

August 21, 2019
GovernmentBusinessFuel

Diesel Falls 1.7垄 to $2.994 in Sixth Consecutive Decline

The U.S. average retail price of diesel dropped 1.7 cents to $2.994 a gallon, the Department of Energy reported Aug. 19. Crude oil prices lifted moderately to pass $56 a barrel as U.S.-China trade tensions eased somewhat, while a drone attack on an oil field in Saudi Arabia rekindled concerns over the oil supply chain.

August 19, 2019
GovernmentBusinessLogistics

Trump Says US Is Talking With China but Not Ready for Deal

President Donald Trump said the United States is 鈥渄oing very well with China, and talking!鈥 but suggested he wasn鈥檛 ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for the resumption of substantive discussions with Beijing.

August 19, 2019

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