White House Said to Officially Delay China Tariff Hike to March

China and US flag Getty Images

The Trump administration is making official its decision to delay until March 1 a tariff hike on $200 billion worth of Chinese goods to 25% from 10%, according to two people familiar with the matter.

Jenny Leonard | Bloomberg News
December 14, 2018
Government, Business

Report: China Could Allow Foreign Companies More Industrial Access

Tire factory worker in China A factory worker lays out strips of rubber to produce tires at a tire factory in Jining, China. (Keith Bedford/Bloomberg News)

WASHINGTON — A media report suggests Beijing is scrapping its “Made in China” industrial policy criticized by the Trump administration in favor of one that allows greater access for foreign companies.

Associated Press
December 12, 2018
Government, Business

US, China Agree to Delay Consideration of New Tariffs

President Trump at the G20 Summit in Argentina President Trump at the G20 Summit in Argentina. (Erica Canepa/Bloomberg News)

President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s two largest economies negotiate a lasting agreement.

Bloomberg News
December 2, 2018
Government, Business, Technology

Trump Signals US Is Likely to Proceed With China Tariff Increase

China Warehouse Qilai Shen/Bloomberg News

President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal.

Sarah McGregor | Bloomberg News
November 27, 2018
Business, Editorial

Editorial: Giving Thanks — And Giving Aid

The holiday season has officially arrived. But it’s important to remember the tragedy involving wildfires in California. The trucking industry, as always, is answering the call in times of need.

Transport Topics
November 20, 2018
Government, Business, Logistics

Trump Administration to Hold Off on Car Tariffs After Trade Meeting

Cars Luke Sharrett/Bloomberg News

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.

Jennifer Jacobs and Jenny Leonard | Bloomberg News
November 14, 2018
Government, Business

VW, Daimler and BMW Brace for Tariffs

Automobile assembly Krisztian Bocsi/Bloomberg News

Investors in European carmakers are once again facing months of share volatility after the U.S. circulated a draft report on tariffs and European Commission President Jean-Claude Juncker signaled a cease-fire in the looming trade war may soon come to an end.

Elisabeth Behrmann | Bloomberg News
November 13, 2018
Government, Business

More China Tariffs Planned if Xi Meeting Fails

President Xi and Trump President Donald Trump and Xi Jinping. (Qilai Shen/Bloomberg News)

The U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if November talks between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said.

Jenny Leonard and Jennifer Jacobs | Bloomberg News
October 29, 2018
Government, Business

Trade Tariffs Spark Surge in Lobbying

storage yard Qilai Shen/Bloomberg News

Companies and business groups, including the U.S. Chamber of Commerce, ramped up their spending on lobbying during the third quarter, as they sought to contain what they feel is damage from President Trump’s trade war.

Mark Niquette | Bloomberg News
October 23, 2018
Government, Business, Editorial

Editorial: Rush for the Holiday Rush

It’s beginning to look a lot like ... shippers are getting nervous. Please forgive the riff on a familiar holiday classic tune, but reports of shippers rushing to get goods to the United States in advance of more tariffs taking effect — and, thus, potentially affecting the pricing for holiday gifts — have been dominating the news.

Transport Topics
September 27, 2018