Commerce Secretary Wilbur Ross said itās a ālittle prematureā to discuss the U.S. withdrawing from the World Trade Organization as the Trump administration continues to look at ways to improve the global trade body.
July 2, 2018Trade News Updates
Mack Trucks: Trumpās Tariffs Could Put Us at a Competitive Disadvantage
Back on March 23, 2017, President Donald Trump welcomed trucking industry representatives to the White House for a discussion on health care. During their visit, Trump, wearing an āI [heart] truckersā pin, climbed into the cab of a Mack truck parked on the lawn, pumped his fists and pretended to drive the stationary big rig.
June 28, 2018Trade War Shows Signs of Impact in US Exports, Durables Data
Some economists are detecting signs in data that trade tensions are having an impact on American companies.
June 27, 2018Louisiana Port Feels Effects of Trump Trade War
To understand what a trade war means for America, go to the Mississippi. Follow the mud-brown river past Louisianaās chemical plants, oil refineries, granaries, ports, and the rail networks and highways that spring from its fingers.
June 27, 2018Automakers Group Decries Being Cast as Threat to US Security
Auto manufacturers and suppliers based outside the United States condemned the Trump administrationās investigation into imports of cars and parts by portraying as absurd the idea that their products pose national security risks.
June 27, 2018Mnuchinās Silence Signals His Displeasure With Trumpās Trade War
Treasury Secretary Steven Mnuchin is signaling his displeasure with President Donald Trumpās trade war with China by saying nothing at all.
June 22, 2018German Auto Stocks Decline on Threat of 20% Tariff
German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20% tariff on all European car imports, escalating his demand for concessions aimed at lowering the U.S. trade deficit.
June 22, 2018Global Auto Sector Likely to Feel Effects of Tariffs
Over the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings, take advantage of cheaper labor and manufacture cars closer to buyers.
June 22, 2018US Firms Weigh Higher Freight Bills Now Against Paying Tariffs Later
New tariffs on imports from China may leave American companies with a choice ā pay a higher freight bill now or pay the tariffs starting soon.
June 21, 2018US Growth āClose to a Peakā as Trade Spat, Housing Pose Risks
The U.S. economy is booming this quarter as tax cuts power consumers and businesses. Yet risks are mounting that the high will be short-lived.
June 20, 2018Trending
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