Government, Business

Farmers Have Little to Cheer From China Trade Truce, So Far

Soybean Field Soybean field. (Daniel Acker/Bloomberg News)

For a soybean farmer in Iowa or Illinois, it may be premature to celebrate the ceasefire in the trade war between the U.S. and China.

Alfred Cang | Bloomberg News
December 3, 2018
Government, Business

Trade War Drives Farmers to Corn as China Shuns US Soybeans

Corn Corn is expected to become the dominated crop over soybeans next growing season. (Daniel Acker/Bloomberg News)

President Donald Trump’s trade war with China is set to prompt a shift in the U.S. farm industry as growers switch to other crops.

Isis Almeida and Lydia Mulvany | Bloomberg News
October 12, 2018
Government, Business

China Trade Surplus With US Widens to Record $34.1 Billion

Ships in Chinese bay Associated Press

BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13% over a year earlier despite a worsening tariff war.

Joe McDonald | Associated Press
October 12, 2018
Government, Business

Tariffs Start to Drag on US Economy as Trade Deficit Widens

China steel Qilai Shen/Bloomberg News

Fresh data on the U.S. economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on growth this quarter.

Shobhana Chandra | Bloomberg News
September 27, 2018
Government, Business

Trump Plans to Slap 10% Tariff on $200 Billion of Chinese Goods, Sources Say

China stock market board Investors are silhouetted in front of an electronic board displaying stock prices at a brokerage house in Beijing on Sept. 17. (Andy Wong/AP)

The Trump administration will announce as early as Sept. 17 that it is imposing a 10% tariff on $200 billion of Chinese goods, which Beijing already has said it will retaliate against, according to three people familiar with the decision.

Jenny Leonard and Saleha Mohsin | Bloomberg News
September 17, 2018
Government, Business

US-Canada Trade Talks to Resume Sept. 5 After No Deal Reached

Chrystia Freeland Canada Foreign Affairs Minister Chrystia Freeland speaks with the media as she arrives for trade talks at the Office of the United States Trade Representative Aug. 31, 2018. (Jose Luis Magana/Associated Press)

U.S. negotiations with Canada on a trade deal will resume Sept. 5 after four days of intense negotiations in Washington ended without an agreement.

Bloomberg News
August 31, 2018
Government, Business

Trump Threatens to Pull US out of WTO if It Doesn’t ‘Shape Up’

Robert Lighthizer, President Trump Robert Lighthizer, President Trump in January. (Mike Theiler/Bloomberg News)

President Donald Trump said he would pull out of the World Trade Organization if it doesn’t treat the United States better, continuing his criticism of a cornerstone of the international trading system.

Bloomberg News
August 30, 2018
Government, Business

Trump to Back $200 Billion China Tariffs as Early as Next Week, Sources Say

President Trump leads a roundtable discussion President Trump leads a roundtable discussion on foreign investment Aug. 23, 2018. (Yuri Gripas/Bloomberg News)

President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public comment period concludes next week, according to six people familiar with the matter.

Bloomberg News
August 30, 2018
Government, Business

China Disputes Latest US Tariffs at World Trade Organization

Rolls of steel sit in a warehouse at a fabrication company in Chester, Va. Rolls of steel sit in a warehouse at a fabrication company in Chester, Va. (Steve Helber/AP)

GENEVA — China is challenging the latest round of U.S. tariffs against Chinese goods through the World Trade Organization.

Associated Press
August 27, 2018
Government, Business

CEOs Try Again to Temper Trump Tariffs as US-China Talks Open

Temper Trump Tariffs Olivier Douliery/Abaca Press/TNS

As China prepares to send officials to the United States to restart talks on ending an escalating trade war, American companies and trade groups are returning to a Washington hearing room, most to argue against more tariffs from President Donald Trump.

Mark Niquette | Bloomberg News
August 20, 2018