The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.
January 29, 2018Trade News Updates
US Trade Deficit Balloons to Widest in Almost Six Years
The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.
January 5, 2018Global Manufacturers Strain to Keep Up With Faster World Economy
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.
January 2, 2018Bid to Save Pacific Rim Trade Pact Comes to a Head
The push to salvage a Pacific Rim trade pact will come to a head this week as nations diverge on whether it should be preserved, abandoned or renegotiated from scratch after President Donald Trump pulled the U.S. out of the deal.
November 7, 2017US Offers Proposal That Could Kill NAFTA in Five Years
U.S. negotiators on Oct. 12 presented a proposal for a so-called āsunset clauseā that would see the North American Free Trade Agreement expire after five years unless the parties can agree to extend it, according to two people familiar with the talks.
October 12, 2017Trade Gap Narrows to 11-Month Low as Exports Increase
Improving global demand and a weaker dollar are helping boost U.S. exports, with the trade deficit narrowing to an 11-month low in August, Commerce Department data showed Oct. 5.
October 5, 2017Second Round of NAFTA Talks Ends With Major Issues Unresolved
Representatives of the United States, Mexico and Canada declared āprogressā but unveiled no breakthroughs at the conclusion Sept. 5 of a second round of talks to revise the North American Free Trade Agreement
September 6, 2017US Pursuing Aggressive Timeline for Wrapping Up NAFTA Talks
The U.S. is heading into the first round of talks on an updated North American Free Trade Agreement with an aggressive timeline for completing talks with Mexico and Canada, a Trump administration official said.
August 15, 2017Narrowing of US Trade Deficit in June Shows Export Swing
Americaās trade deficit narrowed to an eight-month low in June, helped by the biggest outflow of goods and services since the end of 2014, a positive signal for the economy entering the third quarter, Commerce Department data showed Aug. 4.
August 4, 2017Global Trade Rebounds Despite Trumpās Protectionist Threats
Donald Trumpās election as U.S. president sparked warnings of damaging trade wars and an end to globalization as we know it. So far, those predictions havenāt played out.
July 6, 2017Trending
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