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.

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.

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
Government, Business, Logistics

US Seeks NAFTA Changes

The Trump administration is moving to renegotiate terms of the North American Free Trade Agreement with Canada and Mexico, and a request from the Office of the U.S. Trade Representative for comments on how to proceed has drawn a plea from the trucking industry to reshape, but not scuttle the landmark trade deal.

Daniel P. Bearth | Staff Writer
June 19, 2017

Trade Gap Narrower Than Forecast as Service Exports Rise

Maersk Group

The U.S. trade deficit was narrower than forecast in March as record exports of services partly cushioned a drop in merchandise shipments, Commerce Department data showed May 4.

Patricia Laya | Bloomberg News
May 4, 2017

Global Trade Growth Is About to Roll Over

SeongJoon Cho/Bloomberg News

Signs are pointing to a looming slowdown in global trade growth, according to Morgan Stanley.

Luke Kawa | Bloomberg News
May 3, 2017

Analysis: What's Really Driving the Trade Deficit With China

Mike Segar/Reuters

Before President Trump can shrink America's lopsided trade deficits — with China or anyone else — he first must recognize what's driving them.

Michael Pettis | Bloomberg News
April 4, 2017