Trade

Business, Logistics, TCA

Steam Logistics Continues International Growth Despite Tariff Threat

Steam Logistics

Despite growing concerns of a trade war, one of Chattanooga, Tenn.’s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 18, 2018
Government, Business, Logistics, TCA

In Prelude to Trade War, US Details Tariffs on $50 Billion of Chinese Goods

From left, China's President Xi Jinping and U.S. President Donald Trump shake hands on November 9, 2017, during a meeting outside the Great Hall of the People in Beijing. (Artyom Ivanov/Tass/Abaca Press/TNS)

WASHINGTON — The Trump administration, rekindling its simmering trade war with China, issued a list of $50 billion of Chinese imports June 15 that would be subject to hefty tariffs.

Don Lee and Jim Puzzanghera | Tribune Washington Bureau
June 15, 2018
Government, Business, Technology, Equipment

Daimler Trucks' Martin Daum Warns That Tariffs Will Increase Production Costs

Daimler execs Nielsen (left) and Daum by Seth Clevenger/Transport Topics

PORTLAND, Ore. — New U.S. tariffs on steel and aluminum imports could ultimately raise the price of trucks sold in the United States, top executives at the world’s largest commercial vehicle manufacturer warned.

Seth Clevenger | Managing Editor, Features
June 14, 2018
Government, Logistics

Trump Says He May Upset China Over Trade Action in Coming Weeks

Michael Candelori/Zuma Press/TNS

President Donald Trump said he’ll confront China “very strongly” over trade in the coming weeks, and send a warning to North Korea’s biggest trading partner after his meeting with Kim Jong Un.

Jennifer Epstein | Bloomberg News
June 13, 2018
Government, Business, Logistics

US, China Barter on Trade Gap as Tariff Deadline Nears

Getty Images

The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow China’s ZTE Corp. to resume purchases from American suppliers.

Bloomberg News
June 6, 2018
Government, Business

Trade Spat Heats Up as Trump Faces Off With G-7 Allies in Quebec

Olivier Douliery/Abaca Press/TNS

President Donald Trump is headed for a showdown with America’s allies at a Group of Seven summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminum levies.

Andrew Mayeda Yuko Takeo and Justin Sink | Bloomberg News
June 4, 2018
Government, Business

Push for NAFTA Deal Continues as Congress, Tariff Deadlines Loom

Canada's Chrystia Freeland Freeland by Jonathan Levinson/Bloomberg News

Canada’s foreign minister is headed to Washington as the clock ticks down to reach a deal on updating the North American Free Trade Agreement that could pass Congress this year and skirt metals tariffs.

Josh Wingrove and Eric Martin | Bloomberg News
May 29, 2018
Government, Business, Logistics

Trump: US-China Trade Deal May Need ‘Different Structure’

Chip Somodevill, pool via Bloomberg News

President Donald Trump backed away from the trade deal his administration had just announced with China and said the United States may need to change the direction of talks to get a final agreement.

Terrence Dopp | Bloomberg News
May 23, 2018
Government, Business, Logistics

US Puts ‘Trade War’ Against China on Hold, Mnuchin Says

AP Photo/Manuel Balce Ceneta

The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.

Andrew Mayeda and Mark Niquette | Bloomberg News
May 21, 2018
Business

Trade Gap Narrows to $49 Billion; Drop of $8.8 Billion Biggest Since 2009

Tim Rue/Bloomberg News

The U.S. trade deficit narrowed in March by the most in two years, while last week’s unemployment filings were below estimates and productivity gains remained lukewarm in the first quarter. Here’s what you need to know from the economic reports out the morning of May 3.

Shobhana Chandra and Katia Dmitrieva | Bloomberg News
May 3, 2018

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