Government, Business, Logistics

Europe to Trump: If You Want a Trade War, You’ll Get One

President Donald Trump looks on ahead of a special address on the closing day of the World Economic Forum in Davos, Switzerland, Jan. 26 (Jason Alden/Bloomberg News)

The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.

Jonathan Stearns and Nikos Chrysoloras | Bloomberg News
January 29, 2018
Business, Logistics

US Trade Deficit Balloons to Widest in Almost Six Years

Tim Rue/Bloomberg News

The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.

Patricia Laya | Bloomberg News
January 5, 2018
Business, Logistics

Global Manufacturers Strain to Keep Up With Faster World Economy

Automated robots for stacking pallets of paint stand at the end of the production line at a new paint factory in Ashington, U.K. Chris Ratcliffe/Bloomberg News.

Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.

Fergal O'Brien | Bloomberg News
January 2, 2018
Government, Business

Bid to Save Pacific Rim Trade Pact Comes to a Head

Tomohiro Ohsumi/Bloomberg News

The push to salvage a Pacific Rim trade pact will come to a head this week as nations diverge on whether it should be preserved, abandoned or renegotiated from scratch after President Donald Trump pulled the U.S. out of the deal.

Josh Wingrove and Maiko Takahashi | Bloomberg News
November 7, 2017
Government, Logistics

US Offers Proposal That Could Kill NAFTA in Five Years

Jerry Huddleston/Flickr

U.S. negotiators on Oct. 12 presented a proposal for a so-called “sunset clause” that would see the North American Free Trade Agreement expire after five years unless the parties can agree to extend it, according to two people familiar with the talks.

Eric Martin Josh Wingrove and Andrew Mayeda | Bloomberg News
October 12, 2017
Business, Logistics

Trade Gap Narrows to 11-Month Low as Exports Increase

A container is loaded onto a ship at the Port of Savannah in Savannah, Ga. Ty Wright/Bloomberg News

Improving global demand and a weaker dollar are helping boost U.S. exports, with the trade deficit narrowing to an 11-month low in August, Commerce Department data showed Oct. 5.

Patricia Laya | Bloomberg News
October 5, 2017
Government, Business, Logistics, TCA

Second Round of NAFTA Talks Ends With Major Issues Unresolved

A soldier from the 36th Infantry Division, Texas Army National Guard observes a section of the Rio Grande River at sunset U.S. Army

Representatives of the United States, Mexico and Canada declared “progress” but unveiled no breakthroughs at the conclusion Sept. 5 of a second round of talks to revise the North American Free Trade Agreement

Patrick J. McDonnell | Los Angeles Times
September 6, 2017
Government, Business, Logistics

US Pursuing Aggressive Timeline for Wrapping Up NAFTA Talks

U.S., Canada Border sequential5/Getty Images

The U.S. is heading into the first round of talks on an updated North American Free Trade Agreement with an aggressive timeline for completing talks with Mexico and Canada, a Trump administration official said.

Andrew Mayeda | Bloomberg News
August 15, 2017

Narrowing of US Trade Deficit in June Shows Export Swing

Maersk Ship kees torn/Flickr

America’s trade deficit narrowed to an eight-month low in June, helped by the biggest outflow of goods and services since the end of 2014, a positive signal for the economy entering the third quarter, Commerce Department data showed Aug. 4.

Vince Golle | Bloomberg News
August 4, 2017
Government, Business

Global Trade Rebounds Despite Trump’s Protectionist Threats

President Trump at podium Olivier Douliery/Abaca Press/TNS

Donald Trump’s election as U.S. president sparked warnings of damaging trade wars and an end to globalization as we know it. So far, those predictions haven’t played out.

Enda Curran | Bloomberg News
July 6, 2017