Government, Business

NRF Report Points to Tariffs as Key Reason for Port Slowdown

Port of Los Angeles Cranes load and unload shipping containers at the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)

U.S. import container volumes are expected to show a nearly 1% drop when the final numbers for 2019 are in, the National Retail Federation and Hackett Associates said.

Dan Ronan | Associate News Editor
January 13, 2020
Government, Business

Trump Rejects New Tariffs on Japan Auto Imports ‘at This Moment’

Toyota Rush vehicles at port Toyota Rush vehicles sit at the Nagoya Port in Tokai, Japan. (Akio Kon/Bloomberg)

President Donald Trump says he is not “at this moment” considering fresh tariffs on imported autos and parts from Japan that he has threatened, citing an agreement in principle with Japan on trade announced over the weekend.

August 26, 2019
Government, Business, Logistics

Chinese Imports Drop as Growing Tensions With US Cloud Trade

China Qilai Shen/Bloomberg News

China’s imports tumbled in May and a surprise rise in exports wasn’t enough to dispel concerns that the economic dispute with the U.S. will intensify and damage the global economy.

June 10, 2019
Government, Business

Trump Warns He Will More Than Double Tariffs on Chinese Imports

Donald Trump Trump's Twitter threat put a scare into the U.S. stock market May 6. (AP Photo/Alex Brandon)

President Donald Trump wrote in a May 5 tweet that he will dramatically increase tariffs on Chinese imports to 25% from 10%, starting May 10.

Dan Ronan | Associate News Editor
May 6, 2019
Government, Business, Technology

Turkey to Step Up Tariffs on US Products

People line up at a currency exchange shop in Istanbul People line up at a currency exchange shop in Istanbul. (Lefteris Pitarakis/AP)

ANKARA, Turkey — Turkey on Aug. 15 said it is increasing tariffs on imports of certain U.S. products, including rice, cars, alcohol and coal — escalating a feud with the United States that has helped trigger a currency crisis.

Suzan Fraser | Associated Press
August 15, 2018
Government, Logistics

This Obscure NAFTA Chapter Could be Canada’s Deal-Breaker Again

Canada and U.S. flags takenbykevin/Flickr

The U.S. confirmed last week that among its top objectives in upcoming negotiations on the North American Free Trade Agreement — which superseded the FTA in 1994 — is the elimination of the Chapter 19 dispute-resolution mechanism that previous Canadian Prime Minister Brian Mulroney went to such lengths to preserve.

Chris Fournier | Bloomberg News
July 25, 2017

Surge in Imports Proves the US Economy's Global Dominance Right Now

Container ships steamed into West Coast ports last month after the end of a labor dispute.

April 22, 2015

Port of Los Angeles Reports Lower Volume in June

The Port of Los Angeles said its June import cargo volume dropped 10% from a year ago, to about 334,000 20-foot equivalent units.

July 18, 2011

Imported Goods Prices Fall for First Time in a Year

The price of goods imported to the United States fell 0.5% in June, the first decline in a year, the Labor Department said Wednesday.

July 13, 2011