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.
September 7, 2018GovernmentBusiness
US, China Raise Tariffs in New Round of Trade Dispute
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.
August 23, 2018GovernmentBusiness
US Threatens More Sanctions, Keeping Alive Turkish Crisis
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.
August 17, 2018GovernmentBusiness
Senators Press Commerce Secretary on National Security Approach to Tariffs
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.
June 20, 2018GovernmentBusinessLogistics
NAFTA Negotiations Proceed With Little to Show
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.
November 21, 2017GovernmentBusiness
IMF Sees US Fading as Global Growth Engine
The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund.
July 24, 2017