Government, Business, Logistics

As Trade War Simmers, US Soybean Shipments Hit One-Year Low

Soybeans Charlie Neibergall/Associated Press

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.

April 15, 2019
Government, Business

Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs

Sergio Flores/Bloomberg News

Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.

Mike Dorning | Bloomberg News
April 15, 2019
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal

Boat Chris Ratcliffe/Bloomberg News

The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.

Andrew Mayeda | Bloomberg News
April 15, 2019
Government, Business, Logistics

Trump Looking to Impose New Tariffs on European Union

Martin Meissner/Associated Press

The Trump administration wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in a move that some experts say marks another attempt by the administration to use tariffs to reshape global trade in its favor.

April 9, 2019
Government, Business

Democrats Try to Smooth Trade Deal Passage With Labor Proposal

Sam Hodgson/Bloomberg News

Two top Senate Democrats, including longtime free-trade foe Sherrod Brown are crafting a labor enforcement proposal that could help ease the way for passage of President Donald Trump’s new North American trade agreement.

April 8, 2019
Government, Business, Logistics

Mexico Border Wait Times Spike as Trump's Threats Slow Traffic

Mexico Border A U.S. Customs and Border Protection officer walks past vehicles standing in line at the San Ysidro port of entry in Tijuana, Mexico. (Luis Antonio Rojas/Bloomberg News)

The southern border isn’t closed, but already it’s a mess for trucks hauling goods from Mexico to the United States, snarling traffic at some of the busiest frontier crossings in the world.

April 8, 2019
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.

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.

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