Trade News Updates

GovernmentBusinessLogistics

Commerce Secretary Wilbur Ross Says It’s a ā€˜Little Premature’ to Discuss US WTO Exit

Commerce Secretary Wilbur Ross said it’s a ā€œlittle 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, 2018
GovernmentBusinessEquipmentTCA

Mack Trucks: Trump’s 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 ā€œI [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, 2018
GovernmentBusinessLogistics

Trade 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, 2018
GovernmentBusinessLogistics

Louisiana 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 Louisiana’s chemical plants, oil refineries, granaries, ports, and the rail networks and highways that spring from its fingers.

June 27, 2018
GovernmentBusiness

Automakers Group Decries Being Cast as Threat to US Security

Auto manufacturers and suppliers based outside the United States condemned the Trump administration’s investigation into imports of cars and parts by portraying as absurd the idea that their products pose national security risks.

June 27, 2018
GovernmentBusinessLogistics

Mnuchin’s Silence Signals His Displeasure With Trump’s Trade War

Treasury Secretary Steven Mnuchin is signaling his displeasure with President Donald Trump’s trade war with China by saying nothing at all.

June 22, 2018
BusinessEquipment

German 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, 2018
GovernmentBusinessEquipment

Global 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, 2018
GovernmentBusinessLogistics

US Firms Weigh Higher Freight Bills Now Against Paying Tariffs Later

New tariffs on imports from China may leave American companies with a choice — pay a higher freight bill now or pay the tariffs starting soon.

June 21, 2018
Business

US Growth ā€˜Close to a Peak’ 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, 2018