Tariffs Start to Drag on US Economy as Trade Deficit Widens
Fresh data on the U.S. economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on growth this quarter.
Chinese Truck Tires, Intermodal Chassis Have Higher Tariffs
Buried in a long list of Chinese exports subject to new U.S. tariffs are truck tires — including retreads — as well as chassis. A 10% tariff on the listed items took effect Sept. 24, and will rise to 25% on Jan. 1 if no resolution is reached.
Tariffs Could Spur Early Imports, Higher Inventories
LONG BEACH, Calif. — Retailers speaking at the Intermodal Association of North America’s Intermodal Expo 2018 said they could move up product shipments due to tariffs being placed on China.
Pressure on Shippers to Import Product Before Onset of Tariffs
With a strong U.S. economy, a tight freight market and a looming trade war, industry experts believe shippers have been rushing to get products into the United States several weeks early — ahead of tariffs being implemented by the Trump administration and before the approaching holiday shopping season ramps up.
China Races to Get Goods to the US Before Tariffs Hit
The race is on to get Chinese goods into the United States before President Donald Trump’s tariffs bite.
September 20, 2018Trade Tensions Push Finance Chiefs’ Outlook to Worst in a Year
As the Trump administration keeps piling on tariffs, U.S. stock traders are averting their gaze and holding on tight. Corporate finance chiefs are having a more difficult time.
FedEx Downplays US-China Trade Spat’s Impact on Its Business
DALLAS — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Sept. 17 that a widening trade war will have little direct effect on the company.
China Looks Unlikely to Give In After US Tariff Hike
BEIJING — China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.