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.

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.

April 6, 2018
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.

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.

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