WTO Issues Mixed Ruling Over US Duties for Subsidized Chinese Goods
The World Trade Organization on July 16 delivered a mixed judgment over America’s sanctions on subsidized goods produced by Chinese state-owned enterprises.
China’s Economy Growth Cools Further Amid US Tariff War
BEIJING — China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.
Trump Hits Out at China Over Slowing Agricultural Purchases
President Donald Trump complained that China hasn’t increased its purchases of American farm products, a promise he said he had secured at a meeting with the country’s president, Xi Jinping, at the Group of 20 summit last month.
July 12, 2019Budget Gap Widens to $747 Billion in Nine Months Through June
The U.S. budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs.
Tariff Twist That’s Cost US Steel $5.5 Billion
President Donald Trump’s tariffs on foreign steel have sped the decline of some of the U.S. mills he vowed to help.
July 8, 2019US Proposes More Tariffs on EU Goods
The U.S. added more European Union products to a list of goods it could hit with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing Co. and Airbus SE.
Trump Vows More Tariffs if No Progress Is Made on Trade Deal
President Donald Trump said substantial additional U.S. tariffs would be placed on goods from China if no progress on a trade deal is made after his meeting with Chinese counterpart Xi Jinping at the G-20 Summit in Japan.
Port Officials Look to Keep Giant Cranes off Trump Administration Tariff List
As America’s ports handle larger amounts of cargo from bigger container ships, the ports are in a building boom. But the cost of expanding could get more expensive if a Trump administration plan to impose 25% tariffs on ship-to-shore cranes manufactured only in China are implemented.
Georgia Ports Chief Warns Chinese Tariffs Could Cost State Millions
WASHINGTON — The head of the Georgia Ports Authority is warning that the Trump administration’s latest round of proposed Chinese tariffs could take a nearly $18 million bite out of the state’s booming ports.
Supreme Court Refuses to Hear Challenge to Trump’s Steel Tariffs
The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda.