Trade

Government, Business

China Armed With Powerful Market Weapons in Duel With Trump

Qilai Shen/Bloomberg News

China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost.

Katherine Greifeld | Bloomberg News
May 10, 2019
Logistics

Trump Says US Will Purchase Crops for Aid to Offset China Losses

Donald Trump President Donald Trump (Joshua Roberts/Bloomberg News)

President Donald Trump said that the U.S. will boost its purchases of domestic farm products for humanitarian aid in an effort to offset lost demand from China as trade tensions flare between the nations.

Megan Durisin | Bloomberg News
May 10, 2019
Government, Business, Logistics

Common Consumer Goods May Be Target of Retaliatory Tariffs

Donald Trump President Donald Trump (Chip Somodevilla/Bloomberg News)

President Donald Trump’s latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.

Natalie Lung | Bloomberg News
May 8, 2019
Government, Business, Logistics

Tariffs Could Lead Polaris Snowmobile Maker to Mexico

Polaris Polaris CEO Scott Wine (Chris Goodney/Bloomberg News)

Scott Wine jokes that he doesn’t want to have to start building snowmobiles in sweltering Mexico. But the Polaris CEO is dead serious about the unintended consequences that higher U.S. tariffs on Chinese goods will have on Polaris Industries Inc. — including forcing him to consider moving jobs to Mexico.

May 8, 2019
Government, Business, Logistics

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

Qilai Shen/Bloomberg News

China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
Government, Business, Logistics

Mexico Border Delays Seen Weighing on US Investment, Factories

Mexico Border Truck drivers wait to pass after arriving in the U.S. from Mexico at the Otay Mesa Port of Entry cargo facility in San Diego, Calif. (Sam Hodgson/Bloomberg News)

More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.

Jordan Yadoo | Bloomberg News
May 7, 2019
Government, Business, Logistics

Grain Markets Dive to 42-Year Low After Trump’s Trade Tweets

Corn Daniel Acker/Bloomberg News

Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.

May 7, 2019
Government, Business, Logistics

Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last

Electric Vehicle SeongJoon Cho/Bloomberg News

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.

Keith Naughton | Bloomberg News
May 7, 2019
Government, Business

Treasury Secretary Steven Mnuchin Calls Latest Round of China Trade Talks ‘Productive’

Steven Mnuchin U.S. Treasury Secretary Steven Mnuchin (left) with China Vice Premier Liu He (Andy Wong/Bloomberg News)

The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings “productive” in a tweet.

May 1, 2019
Government, Business

Trade Gap Narrows to Eight-Month Low on Plane Exports

Trade Getty Images

The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes.

April 17, 2019

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