The U.S. trade deficit narrowed in March by the most in two years, while last week’s unemployment filings were below estimates and productivity gains remained lukewarm in the first quarter. Here’s what you need to know from the economic reports out the morning of May 3.
May 3, 2018Trade News Updates
Trump Administration Softens Expectations for a US-China Trade Deal This Week
The Trump administration sought to temper expectations for a swift breakthrough on trade issues with China as a delegation of senior U.S. officials prepares to visit Beijing this week.
May 1, 2018Commerce Secretary Wilbur Ross: NAFTA Talks Could Extend Past May
Commerce Secretary Wilbur Ross said talks to revamp NAFTA could drag on for months, even as negotiators step up the pace of discussions to reach an agreement as soon as this month.
May 1, 2018Danish Freight Forwarder DSV Assesses Trump’s Tariff Threats
One of Europe’s biggest trucking companies is trying to figure out how its business will be affected by a potential tariff war between the United States and the European Union.
May 1, 2018Trump’s China Tariffs Risk Costing US Jobs, New Study Shows
President Donald Trump said his trade actions may cause “a little pain” in the short term, and a new study shows U.S. agricultural workers could be hurt the most.
May 1, 2018Trump’s Gamble for Quick Trade Deal With China May Be Long Shot
President Donald Trump is dispatching two of his top economic deputies to China in hopes of a quick deal on trade. They may find the reality on the ground more daunting.
April 25, 2018Port Group Urges Caution on Possible US-China Trade War
The American Association of Port Authorities has written to U.S. Trade Representative Robert Lighthizer urging the Trump administration to carefully consider the negative impact trade sanctions could have on the country’s ports and the trucking and transportation industries.
April 25, 2018World Trade Momentum Wobbles After Best Month in Seven Years
Global trade momentum slipped in February, easing after recording its best month in more than seven years.
April 25, 2018Trump Says Mnuchin Going to China to Negotiate Trade in Days
Treasury Secretary Steven Mnuchin will depart for China to negotiate over U.S. trade disputes within days, President Donald Trump said.
April 24, 2018US Hints at China Truce as World Warns of Trade-War Threat
U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.
April 23, 2018Follow Us
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