global trade News Updates

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Barr Says US Overly Reliant on Chinese Goods, Services

The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns and other protective equipment designed to curb the spread of the coronavirus, Attorney General William Barr said July 16.

July 16, 2020
GovernmentBusiness

US Signals China Trade Talks in Final, Hardest Steps to a Deal

President Donald Trump’s administration signaled talks with China over the first phase of a broad trade agreement are entering the final stages when the most contentious and complex issues are debated, with no guarantee that another breakdown will be averted.

November 15, 2019
GovernmentBusiness

European Central Bank Deploys New Stimulus to Help Economy

FRANKFURT, Germany — The European Central Bank delivered a new blast of monetary stimulus Sept. 12 to help the shaky economy in the face of uncertainties such as the U.S.-China trade conflict and Brexit.

September 12, 2019
GovernmentBusinessTechnology

China Ramps Up War of Rhetoric in Trade Standoff With US

BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on May 24 accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies.

May 24, 2019
GovernmentBusinessSafety

WTO Chief Urges Nations to Avert Trade War

BERLIN — The whole international community has a responsibility to reduce tensions and avert a full trade war, which would produce “no winners,” according to the head of the World Trade Organization.

September 25, 2018
GovernmentBusiness

US, EU, China Vie for Influence in Eastern Europe

BUCHAREST, Romania — President Donald Trump on Sept. 17 reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties among the region and the United States and European Union.

September 17, 2018
GovernmentBusiness

Trump Threatens Tariffs on Additional $267 Billion of Chinese Imports

President Donald Trump said he’s ready to impose tariffs on an additional $267 billion in Chinese goods on short notice, on top of a proposed $200 billion that his administration is putting the final touches on.

September 7, 2018
GovernmentBusiness

US, China Raise Tariffs in New Round of Trade Dispute

BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.

August 23, 2018
GovernmentBusiness

US Threatens More Sanctions, Keeping Alive Turkish Crisis

ANKARA, Turkey — Turkey and the United States exchanged new threats of sanctions Aug. 17, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country.

August 17, 2018
GovernmentBusiness

Senators Press Commerce Secretary on National Security Approach to Tariffs

WASHINGTON — Senators on the Finance Committee questioned the Trump administration’s national security argument for pursuing steel and aluminum tariffs, a move Commerce Secretary Wilbur Ross staunchly defended at a hearing June 20.

June 20, 2018