Government, Business

Trade Feud May Impact Parcels From China

USPS Andrew Harrer/Bloomberg News

White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly.

Bryce Baschuk | Bloomberg News
September 23, 2019
Government, Business, Technology

US, China Exchange Goodwill Gesture Ahead of Trade Talks

Soybeans in farmers' hands China's government says its importers are inquiring about prices for American soybeans and pork in a possible goodwill gesture ahead of talks aimed at ending a tariff war with Washington. (Associated Press/Jim Mone)

WASHINGTON — The United States and China traded conciliatory gestures, raising hopes they can de-escalate a standoff over trade that has shaken financial markets and cast gloom over the global economy.

Joe McDonald and Paul Wiseman | Associated Press
September 12, 2019
Government, Business, Logistics

VW Warns Trade War Causing Slow Car Sales

Volkswagen Alex Kraus/Bloomberg News

Volkswagen AG and other carmakers warned that trade tensions risk dragging the global economy into a recession as the fallout starts to hit consumers.

September 10, 2019
Government, Business

Small-Business Optimism Drops to Lowest in Five Months

Small business Demetrius Freeman/Bloomberg News

Optimism among U.S. small-business owners fell in August to the lowest level in five months, with the outlook for the economy and sales slumping amid escalating trade tensions and recession fears.

William Edwards | Bloomberg News
September 10, 2019
Government, Business

Trade Deal Before Presidential Election May Suit Beijing

China Qilai Shen/Bloomberg News

President Donald Trump tweeted this week that any trade deal China might secure from America would get “much tougher” upon his re-election. The insinuation being of course that Beijing should really work something out before November 2020.

September 6, 2019
Government, Business

Federal Reserve Finds Wide Tariff Anxiety

Tariffs Justin Sullivan/Bloomberg News

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

Alex Tanzi | Bloomberg News
September 5, 2019
Government, Business

US and China Locked in New Tariff Stare-Down

Trade War Tim Rue/Bloomberg News

Labor Day picnic products are just a sampling of the more than 3,200 categories of Chinese goods targeted for the new tariff starting Sept. 1, barring a last-minute flinch by President Donald Trump.

Brendan Murray | Bloomberg News
August 30, 2019
Government, Business

Second-Quarter Growth Revised Down to 2%

Economic growth Andrew Harrer/Bloomberg News

U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump’s trade actions are weighing more heavily on the pace of expansion.

Jeff Kearns | Bloomberg News
August 29, 2019
Government, Business

China Trade War Means US Dairy is Missing Out

Dairy Cows James MacDonald/Bloomberg News

America’s dairy farmers, already struggling with falling milk consumption and low prices, are missing out on a rare demand boom thanks to Donald Trump’s trade war with China.

August 27, 2019
Government, Business, Fuel

Diesel Price Falls for Seventh Consecutive Week, Down 1.1¢ to $2.983 a Gallon

Driver pumping diesel Daniel Acker/Bloomberg News

The U.S. average retail price of diesel dropped 1.1 cents to $2.983 per gallon, the Department of Energy reported Aug. 26, and the price of crude dropped to a two-week low amid the persistent tariff-related faceoff between the United States and China.

Roger Gilroy | Senior Reporter
August 26, 2019