Government, Business, Logistics

Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near

Trade Leaders from China and the US during trade talks. (Al Drago/Bloomberg News)

The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.

Jenny Leonard | Bloomberg News
March 4, 2019
Government, Business, Logistics

Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown

Trade Qilai Shen/Bloomberg News

Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.

Bloomberg News
February 25, 2019
Government, Business, Logistics

North American Leaders Discuss Future of USMCA

Panelists (from left) Larry Kudlow, Jesus Saede and Marc Garneau Panelists (from left) Larry Kudlow, Jesus Saede and Marc Garneau by Eleanor Lamb/Transport Topics

WASHINGTON — Trade officials representing the United States, Canada and Mexico committed to advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement was announced in late September as an update to NAFTA, which took effect in 1994.

Eleanor Lamb | Staff Reporter
February 24, 2019
Government, Business, Logistics

US, China Crafting Foundation for Trade Deal, Source Says

China Mario Tama/Bloomberg News

U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.

Jenny Leonard | Bloomberg News
February 21, 2019
Government, Business, Logistics

Corn Included in Trump’s Trade Talks With China

Corn Barrett Emke/Bloomberg News

U.S. corn sales to China have been part of the ongoing trade discussions between the nations, President Donald Trump said from the White House Oval Office on Feb. 19.

Shruti Date Singh and Alyza Sebenius | Bloomberg News
February 20, 2019
Government, Business

Canada to Resume Publishing Trade Data Delayed by US Shutdown

Port of Montreal Port of Montreal (Valerian Mazataud/Bloomberg News)

Canada’s statistics agency plans to resume publishing merchandise trade reports next month, after the end of a U.S. government shutdown that deprived it of export data.

Greg Quinn | Bloomberg News
February 12, 2019
Government, Business

US Warns EU Tariff Threat Will Return Unless Juncker Delivers

May U.K. Prime Minister Theresa May and the European Union are at odds with one another over Brexit deal. (Jasper Juinen/Bloomberg News)

The U.S.-European trade truce struck last summer that has helped keep punitive tariffs at bay is at risk of unraveling, with America’s top diplomat to the European Union citing a lack of goodwill and progress in negotiations.

Richard Bravo and Nikos Chrysoloras | Bloomberg News
February 8, 2019
Government, Business

US Confirms China Trade Talks to Begin

Donald Trump President Donald Trump and China’s President Xi Jinping (Qilai Shen/Bloomberg News)

The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.

Andrew Mayeda | Bloomberg News
January 28, 2019
Government, Business

U.S.-China Trade Talks Falling Short on Make-or-Break IP Issues

China Trucking checkpoint in China. (Qilai Shen/Bloomberg News)

According to people close to the discussions, the two sides have so far made little progress on the issue that any deal Trump strikes with China may ultimately be judged on: ending what the U.S. has dubbed as decades of state-coordinated Chinese theft of American intellectual property.

Shawn Donnan and Jenny Leonard | Bloomberg News
January 22, 2019
Government, Business, Logistics, Top 50, TCA

US Factories Brace for Sting of 2019 Trade War

Factory Worker Luke Sharrett/Bloomberg News

America’s manufacturers are scrambling to change the way they do business — from finding new suppliers to shifting more finishing work overseas — as the sting of tariffs begins to take a bigger toll on their bottom lines.

Dee DePass | Star Tribune (Minneapolis)
January 15, 2019