Trade News Updates

GovernmentBusinessLogistics

Treasury Secretary Steven Mnuchin Says There’s ā€˜Level of Risk’ of US-China Trade War

Treasury Secretary Steven Mnuchin said there is ā€œa level of riskā€ that the tariff dispute between the United States and China will erupt into a full-scale trade war, though he’s ā€œcautiously optimisticā€ that the world’s two largest economies will resolve differences through negotiations.

April 6, 2018
GovernmentBusinessLogistics

NAFTA Trio Meets Amid Growing Optimism for Deal

Senior ministers from the three NAFTA countries are gathering in Washington amid growing signs of optimism that they could find common ground on the toughest issues.

April 6, 2018
GovernmentBusinessLogistics

China Vows to Fight Trump Tariffs ā€˜to the End’ as Tension Rises

President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.

April 6, 2018
GovernmentBusiness

Ford Concerned NAFTA Rule Changes Wouldn’t Preserve US Jobs

Ford Motor Co., the largest producer of cars and trucks in the United States, remains concerned about major modifications to the North American Free Trade Agreement, even after President Donald Trump’s negotiators were said to have softened demands.

April 5, 2018
GovernmentBusiness

Republicans Warn Trump a Trade War Risks Party’s Chances in November

Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.

April 5, 2018
GovernmentBusiness

Trade Gap Widens for Sixth Month Ahead of Trump Tariffs

The U.S. trade deficit widened by more than forecast to a fresh nine-year high in February amid broad-based demand for imports, ahead of Trump administration tariffs that have raised the specter of a trade war.

April 5, 2018
GovernmentBusiness

Trade Fight Expected to Add Risk but Not Sink US Economy

The latest tariff salvos between the United States and China have brought a trade war closer to reality. It’s a risk that the world’s biggest economy is well-positioned to ride out.

April 4, 2018
GovernmentBusiness

China’s Counterpunch to Trump’s Tariffs Sparks Global Selloff

Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.

April 4, 2018
GovernmentBusinessLogistics

'Absurd' US Tariffs Underscore European Union’s Frustration Over Trade Spat

The security reasons given by the White House for imposing tariffs on Europe make no sense, the prime minister of Denmark said as he questioned the underlying logic of U.S. trade policy.

April 3, 2018
GovernmentBusinessLogistics

China Vows to Respond to US Tariffs With ā€˜Same Scale, Intensity’

China will respond to any tariffs imposed by the U.S. against alleged violations of intellectual property rights with the same proportion, scale and intensity, said its U.S. ambassador Cui Tiankai.

April 3, 2018