global trade

Government, Business, Safety

WTO Chief Urges Nations to Avert Trade War

Robert Acevedo and Angela Merkel WTO Chief Robert Acevedo and German Chancellor Angela Merkel hold talks in Berlin. (John MacDougall/pool photo via AP)

BERLIN — The whole international community has a responsibility to reduce tensions and avert a full trade war, which would produce “no winners,” according to the head of the World Trade Organization.

Associated Press
September 25, 2018
Government, Business

US, EU, China Vie for Influence in Eastern Europe

Mihai Durban, Rumen Radev and Klaus Iohannis Romania's Chamber of Commerce and Industry chief Mihai Durban (left), Bulgarian President Rumen Radev and Romanian President Klaus Iohannis in Bucharest. (Andreea Alexandru/AP)

BUCHAREST, Romania — President Donald Trump on Sept. 17 reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties among the region and the United States and European Union.

Alison Mutler | Associated Press
September 17, 2018
Government, Business

Trump Threatens Tariffs on Additional $267 Billion of Chinese Imports

Shirt made in China Clothing from American brand Abercrombie & Fitch, which was made in China, is for sale at a store in Beijing. (Andy Wong/AP)

President Donald Trump said he’s ready to impose tariffs on an additional $267 billion in Chinese goods on short notice, on top of a proposed $200 billion that his administration is putting the final touches on.

Shannon Pettypiece | Bloomberg News
September 7, 2018
Government, Business

US, China Raise Tariffs in New Round of Trade Dispute

Man in Guangzhou, China, in front of billboard A man sits in front of a billboard stating that American customers will be charged 25% extra due to ongoing China-U.S. trade tensions at a restaurant in Guangzhou in southern China's Guangdong Province. (Chinatopix via AP)

BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.

Joe McDonald | Associated Press
August 23, 2018
Government, Business

US Threatens More Sanctions, Keeping Alive Turkish Crisis

A street vendor offers Turkish flags for sale at a market in Istanbul A street vendor offers Turkish flags for sale at a market in Istanbul on Aug. 16. (Lefteris Pitarakis)

ANKARA, Turkey — Turkey and the United States exchanged new threats of sanctions Aug. 17, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country.

Suzan Fraser | Associated Press
August 17, 2018
Government, Business

Senators Press Commerce Secretary on National Security Approach to Tariffs

Steelworker at German plant (Martin Meissner, AP)

WASHINGTON — Senators on the Finance Committee questioned the Trump administration’s national security argument for pursuing steel and aluminum tariffs, a move Commerce Secretary Wilbur Ross staunchly defended at a hearing June 20.

Eugene Mulero | Staff Reporter
June 20, 2018
Government, Business, Logistics

NAFTA Negotiations Proceed With Little to Show

Otey Mesa border crossing Mexican trucks are inspected at the Otay Mesa border crossing in San Diego (TT File Photo)

Canada and Mexico are holding firm in their resistance to addressing America’s most contentious proposed changes to NAFTA in the latest talks, with the parties making some slow progress on areas of greater consensus.

Daniel P. Bearth | Staff Writer
November 21, 2017
Government, Business

IMF Sees US Fading as Global Growth Engine

Wall street bull statue Sam valadi/Flickr

The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund.

Andrew Mayeda | Bloomberg News
July 24, 2017