Business, Logistics

Port Group Urges Caution on Possible US-China Trade War

Port of L.A. containers Patrick T. Fallon/Bloomberg News

The American Association of Port Authorities has written to U.S. Trade Representative Robert Lighthizer urging the Trump administration to carefully consider the negative impact trade sanctions could have on the country’s ports and the trucking and transportation industries.

Dan Ronan | Associate News Editor
April 25, 2018

World Trade Momentum Wobbles After Best Month in Seven Years

Chris Ratcliffe/Bloomberg News

Global trade momentum slipped in February, easing after recording its best month in more than seven years.

Fergal O’Brien | Bloomberg News
April 25, 2018
Government, Business, Logistics

Trump Says Mnuchin Going to China to Negotiate Trade in Days

Olivier Douliery/Abaca Press/TNS

Treasury Secretary Steven Mnuchin will depart for China to negotiate over U.S. trade disputes within days, President Donald Trump said.

Justin Sink and Saleha Mohsin | Bloomberg News
April 24, 2018
Government, Business

US Hints at China Truce as World Warns of Trade-War Threat

Olivier Douliery/Abaca Press/TNS

U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.

Andrew Mayeda | Bloomberg News
April 23, 2018

IMF Communique Reveals Trade, Debt Seen as Threats to Global Growth

SeongJoon Cho/Bloomberg News

The global growth outlook faces rising threats from trade tensions and mounting debt despite a strengthening and “increasingly broad-based” expansion at the moment, according to a statement from world finance ministers and central bankers.

Onur Ant | Bloomberg News
April 23, 2018

Global Finance Chiefs Told Trade Tensions Are Hitting Confidence

South Carolina Ports Authority;

Trade tensions between the United States and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years.

Enda Curran and Andrew Mayeda | Bloomberg News
April 20, 2018
Government, Business

Fed Economists Say Tariffs More Likely to Kill Than Create Jobs

Leila Navidi/Minneapolis Star Tribune/TNS

U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.

Matthew Boesler | Bloomberg News
April 19, 2018
Business, Logistics, TCA

Everybody Loses in Trade War, Canadian Chamber of Commerce President Says


President Donald Trump has tweeted “trade wars are good, and easy to win. Don’t believe it, the president of the Canadian Chamber of Commerce told Tampa business and political leaders April 18.

Richard Danielson | Tampa Bay Times (St. Petersburg, Fla.)
April 19, 2018

IMF Spots Trouble for Global Economy After 2020

Louis Vest/Flickr

The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise already may have been planted.

Andrew Mayeda | Bloomberg News
April 17, 2018
Government, Business

Stock Selloff Deepens Amid Trump Trade Jabs

Olivier Douliery/Abaca Press/TNS

The selloff in U.S. stocks deepened April 6 as the White House’s latest trade bluster rattled global financial markets.

Jeremy Herron and Janine Wolf | Bloomberg News
April 6, 2018