The United States hiked tariffs on more than $200 billion in goods from China on May 10 in the most dramatic step yet of President Donald Trump’s push to extract trade concessions, deepening a conflict that has roiled financial markets and cast a shadow over the global economy.
May 10, 2019Search
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Lawmakers Mull Funding Options for $2 Trillion Infrastructure Deal
WASHINGTON — More than a week after President Donald Trump and congressional Democrats elevated a $2 trillion infrastructure package for lawmakers’ legislative agenda, stakeholders are speaking up about their funding preferences in advance of a planned meeting between the White House and transportation policymakers to discuss how to pay for the initiative.
May 9, 2019Best and Worst International Airlines and Airports? Here’s One Guide
Had a bad experience at Newark Liberty Airport last year? You’re not alone, according to recent rankings.
May 9, 2019Trade Gap With China Shrinks to Lowest Since 2016
The U.S. trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced, offering President Donald Trump a chance to claim his tariff war is yielding the desired results just as negotiations reach a critical stage.
May 9, 2019News of GM Plant Sale Leaves Union Unhappy
The president of United Auto Workers Local 1112 in Lordstown — whom Trump attacked on Twitter two months ago — is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. He was left in the dark about GM’s talks to sell the factory.
May 9, 2019Electric Truckmaker Workhorse in Talks to Acquire Idled GM Plant in Ohio
General Motors Co. is in talks to sell the Ohio car plant it idled earlier this year to electric truckmaker Workhorse Group Inc., a plan that won President Donald Trump’s praise despite the likelihood that the factory will employ far fewer workers.
May 8, 2019Common Consumer Goods May Be Target of Retaliatory Tariffs
President Donald Trump’s latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.
May 8, 2019Tariffs Could Lead Polaris Snowmobile Maker to Mexico
Scott Wine jokes that he doesn’t want to have to start building snowmobiles in sweltering Mexico. But the Polaris CEO is dead serious about the unintended consequences that higher U.S. tariffs on Chinese goods will have on Polaris Industries Inc. — including forcing him to consider moving jobs to Mexico.
May 8, 2019Smooth Cross-Border Operations Hinge on Trade Agreement
SCOTTSDALE, Ariz. — Ratification of the United States-Mexico-Canada Agreement, which is the proposed replacement for the North American Free Trade Agreement, is critical to uninterrupted, timely border crossings, trucking executives said here during American Trucking Associations’ Mid-Year Management Meeting.
May 8, 2019China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US
China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.
May 7, 2019