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, 2019Trade News Updates
As Trade War Simmers, US Soybean Shipments Hit One-Year Low
Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs
Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.
April 15, 2019Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal
The United States is open to facing “repercussions” if it doesn’t 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, 2019Trump Looking to Impose New Tariffs on European Union
The Trump administration wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — 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, 2019Democrats 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’s new North American trade agreement.
April 8, 2019Mexico Border Wait Times Spike as Trump's Threats Slow Traffic
The southern border isn’t closed, but already it’s 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, 2019US Hails Progress in China Talks Amid Push to Close the Deal
President Donald Trump’s 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, 2019China 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, 2019China Touts Progress With US as Both Focus on a Final Deal
Chinese and U.S. negotiators made “new progress” in trade negotiations as both sides discussed the wording of an agreement that’s designed to resolve a bilateral trade dispute, according to Xinhua, Beijing’s official news agency.
March 29, 2019January 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.
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