Trade News Updates

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
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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
GovernmentBusiness

China Maintains Negotiating Stance Ahead of Trade Talks

There’s no change to China’s conditions for making a trade deal with the United States as the nations’ leaders prepare to meet this weekend, a government spokesman said.

June 27, 2019
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FedEx Lobs New Attack on Trade Limits as China Threat Looms

FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.

June 25, 2019
GovernmentBusiness

Trade War Hinders Global Trade in April

Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed.

June 25, 2019