Government, Business

US Hails Progress in China Talks Amid Push to Close the Deal

Liu He, China's vice premier and director of the central leading group of the Chinese Communist Party. Liu He, China's vice premier and director of the central leading group of the Chinese Communist Party. (Al Drago/Bloomberg News)

President Donald Trump’s top economic adviser touted progress in high-level talks with China, but cautioned that a final deal to end the trade war remains elusive as negotiations resumed in Washington.

April 3, 2019
Government, Business, Logistics

China Extends Suspension of Tariffs on US Autos

China Bloomberg News

The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.

Bloomberg News
April 1, 2019
Government, Business, Logistics

China Touts Progress With US as Both Focus on a Final Deal

China U.S. Trade Representative Robert Lighthizer (left) Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin. (Nicolas Asfouri/Bloomberg News)

Chinese and U.S. negotiators made “new progress” in trade negotiations as both sides discussed the wording of an agreement that’s designed to resolve a bilateral trade dispute, according to Xinhua, Beijing’s official news agency.

Jeffrey Black and Jenny Leonard | Bloomberg News
March 29, 2019
Government, Business, Logistics

January Trade Gap Narrows as Imports From China Plummet

Trade Chris Ratcliffe/Bloomberg News

The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.

Jeff Kearns | Bloomberg News
March 27, 2019
Government, Business, TCA

US Exports Competitive in NAFTA Countries While Losing Ground in China

Trade Canada Prime Minister Justin Trudeau and President Donald Trump (Olivier Douliery/Abaca Press)

The prices U.S. producers get for their exports in Latin America and Canada rose this year, relative to the cost of goods imported to the United States, the Bureau of Labor Statistics said March 21. At the same time, prices for American-made goods sold in China and Japan fell.

Erin Douglas | Houston Chronicle
March 22, 2019
Government, Business, Logistics

Trump Says China Deal ‘Close’ Ahead of New Talks

China Patrick T. Fallon/Bloomberg News

President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.

Saleha Mohsin and Jennifer Jacobs | Bloomberg News
March 22, 2019
Government, Business, Logistics

China Buys Most US Pork in Two Years as Futures Extend Rally

Pork Daniel Acker/Bloomberg News

China, the world’s largest consumer of pork, made its biggest purchase of the meat from the U.S. in nearly two years as African swine fever reduces hog herds and drives up prices.

Michael Hirtzer | Bloomberg News
March 15, 2019
Government, Business, Logistics

Trade War Leaves Pacific Northwest Port Growth at Risk

Port A United Grain Corp. employee stands on a ship. (Moriah Ratner/Bloomberg News)

An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.

Shruti Singh | Bloomberg News
March 8, 2019
Government, Business, Logistics

How a US-China Deal Might Reshape Global Trade

Corn Daniel Acker/Bloomberg News

President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?

Bloomberg News
March 7, 2019
Government, Business, Logistics

Trump Plans to End Key Trade Preferences for India, Turkey

India Dhiraj Singh/Bloomberg News

President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices.

Jenny Leonard and Jennifer Jacobs | Bloomberg News
March 5, 2019