Trade

Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says There’s ‘Level of Risk’ of US-China Trade War

Olivier Douliery/Abaca Press/TNS

Treasury Secretary Steven Mnuchin said there is “a level of risk” that the tariff dispute between the United States and China will erupt into a full-scale trade war, though he’s “cautiously optimistic” that the world’s two largest economies will resolve differences through negotiations.

Justin Sink | Bloomberg News
April 6, 2018
Government, Business, Logistics

NAFTA Trio Meets Amid Growing Optimism for Deal

Bob Lighthizer (right) U.S. trade representative; Chrystia Freeland (center) Canada's minister of foreign affairs and Ildefonso Guajardo Villarreal (left) Mexico's secretary of economy. (David Kawai/Bloomberg News)

Senior ministers from the three NAFTA countries are gathering in Washington amid growing signs of optimism that they could find common ground on the toughest issues.

Josh Wingrove Andrew Mayeda and Eric Martin | Bloomberg News
April 6, 2018
Government, Business, Logistics

China Vows to Fight Trump Tariffs ‘to the End’ as Tension Rises

Getty Images

President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.

Toluse Olorunnipa and Andrew Mayeda | Bloomberg News
April 6, 2018
Government, Business

Ford Concerned NAFTA Rule Changes Wouldn’t Preserve US Jobs

A 2017 Ford Motor Co. Super Duty F-250 truck stands near an American flag at the Ford Kentucky Truck Plant in Louisville, Ky. (Luke Sharrett/Bloomberg News)

Ford Motor Co., the largest producer of cars and trucks in the United States, remains concerned about major modifications to the North American Free Trade Agreement, even after President Donald Trump’s negotiators were said to have softened demands.

Keith Naughton | Bloomberg News
April 5, 2018
Government, Business

Republicans Warn Trump a Trade War Risks Party’s Chances in November

Patrick T. Fallon/Bloomberg News

Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.

Sahil Kapur | Bloomberg News
April 5, 2018
Government, Business

Trade Gap Widens for Sixth Month Ahead of Trump Tariffs

Jeremy Segrott/Flickr

The U.S. trade deficit widened by more than forecast to a fresh nine-year high in February amid broad-based demand for imports, ahead of Trump administration tariffs that have raised the specter of a trade war.

Katia Dmitrieva | Bloomberg News
April 5, 2018
Government, Business

Trade Fight Expected to Add Risk but Not Sink US Economy

Patrick T. Fallon/Bloomberg News

The latest tariff salvos between the United States and China have brought a trade war closer to reality. It’s a risk that the world’s biggest economy is well-positioned to ride out.

Sho Chandra and Katia Dmitrieva | Bloomberg News
April 4, 2018
Government, Business

China’s Counterpunch to Trump’s Tariffs Sparks Global Selloff

Getty Images

Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.

Bloomberg News
April 4, 2018
Government, Business, Logistics

'Absurd' US Tariffs Underscore European Union’s Frustration Over Trade Spat

U.S. President Donald Trump, right, speaks with Lars Lokke Rasmussen, Denmark's prime minister, during a meeting in the Oval Office at the White House on March 30, 2017. (Chip Somodevilla/Pool via Bloomberg News)

The security reasons given by the White House for imposing tariffs on Europe make no sense, the prime minister of Denmark said as he questioned the underlying logic of U.S. trade policy.

Joao Lima and Peter Levring | Bloomberg News
April 3, 2018
Government, Business, Logistics

China Vows to Respond to US Tariffs With ‘Same Scale, Intensity’

Getty Images

China will respond to any tariffs imposed by the U.S. against alleged violations of intellectual property rights with the same proportion, scale and intensity, said its U.S. ambassador Cui Tiankai.

Bloomberg News
April 3, 2018

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